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SEGMENT REPORTING (Tables) | 12 Months Ended
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Dec. 31, 2017
Segment Reporting [Abstract] |
Schedule of Reportable Operating Segments |
Information about reported segment profit or loss and assets:
|  | US dollars |
(in thousands) |  | Location based services |  |  | Wireless communications products |  |  | Total |
Year ended December 31, 2017 |  |  |  |  |  |  |  |  |
Revenues |  |  | 169,752 |  |  |  | 64,884 |  |  |  | 234,636 |
Operating income |  |  | 55,012 |  |  |  | 1,523 |  |  |  | 56,535 |
Assets |  |  | 95,384 |  |  |  | 17,192 |  |  |  | 112,576 |
Goodwill |  |  | 1,732 |  |  |  | 2,045 |  |  |  | 3,777 |
Expenditures for assets |  |  | 9,346 |  |  |  | 681 |  |  |  | 10,027 |
Depreciation and amortization |  |  | 10,030 |  |  |  | 328 |  |  |  | 10,358 |
Year ended December 31, 2016 |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  |  | 141,940 |  |  |  | 57,634 |  |  |  | 199,574 |
Operating income |  |  | 44,045 |  |  |  | 3,953 |  |  |  | 47,998 |
Assets |  |  | 84,777 |  |  |  | 15,793 |  |  |  | 100,570 |
Goodwill |  |  | 1,562 |  |  |  | 1,844 |  |  |  | 3,406 |
Expenditures for assets |  |  | 9,063 |  |  |  | 268 |  |  |  | 9,331 |
Depreciation and amortization |  |  | 8,980 |  |  |  | 180 |  |  |  | 9,160 |
Year ended December 31, 2015 |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  |  | 127,683 |  |  |  | 47,945 |  |  |  | 175,628 |
Operating income |  |  | 37,268 |  |  |  | 3,376 |  |  |  | 40,644 |
Assets |  |  | 62,236 |  |  |  | 10,463 |  |  |  | 72,699 |
Goodwill |  |  | 1,539 |  |  |  | 1,817 |  |  |  | 3,356 |
Expenditures for assets |  |  | 14,478 |  |  |  | 393 |  |  |  | 14,871 |
Depreciation and amortization |  |  | 8,636 |  |  |  | 152 |  |  |  | 8,788 |
Impairment of goodwill and intangible assets |  |  | - |  |  |  | 929 |  |  |  | 929 |
Reconciliation of Reporting Information from Segments to Consolidated Totals |
Reconciliations of reportable segment revenues, profit or loss, and assets, to the enterprise’s consolidated totals:
|  | US dollars |
|  | Year ended December 31, |
(in thousands) |  | 2017 |  |  | 2016 |  |  | 2015 |
Total revenues of reportable segment and consolidated revenues |  |  | 234,636 |  |  |  | 199,574 |  |  |  | 175,628 |
Operating income |  |  |  |  |  |  |  |  |  |  |  |
Total operating income for reportable segments |  |  | 56,535 |  |  |  | 47,998 |  |  |  | 40,644 |
Unallocated amounts: |  |  |  |  |  |  |  |  |  |  |  |
Financing income, net |  |  | (989 | ) |  |  | 2,056 |  |  |  | 1,189 |
Consolidated income before taxes on income |  |  | 55,546 |  |  |  | 50,054 |  |  |  | 41,833 |
Assets |  |  |  |  |  |  |  |  |  |  |  |
Total assets for reportable segments (*) |  |  | 116,353 |  |  |  | 103,976 |  |  |  | 76,055 |
Other unallocated amounts: |  |  |  |  |  |  |  |  |  |  |  |
Current assets |  |  | 59,412 |  |  |  | 43,874 |  |  |  | 46,119 |
Investments in affiliated and other companies |  |  | 16,221 |  |  |  | 12,060 |  |  |  | 4,783 |
Property and equipment, net |  |  | 15,092 |  |  |  | 10,912 |  |  |  | 8,730 |
Other unallocated amounts |  |  | 8,081 |  |  |  | 7,197 |  |  |  | 6,316 |
Consolidated total assets (at year end) |  |  | 215,159 |  |  |  | 178,019 |  |  |  | 142,003 |
Other significant items |  |  |  |  |  |  |  |  |  |  |  |
Total expenditures for assets of reportable segments |  |  | 10,027 |  |  |  | 9,331 |  |  |  | 14,871 |
Unallocated amounts |  |  | 6,281 |  |  |  | 4,498 |  |  |  | 3,676 |
Consolidated total expenditures for assets |  |  | 16,308 |  |  |  | 13,829 |  |  |  | 18,547 |
Total depreciation, amortization and impairment for reportable segments |  |  | 10,358 |  |  |  | 9,160 |  |  |  | 9,717 |
Unallocated amounts |  |  | 3,161 |  |  |  | 2,475 |  |  |  | 2,245 |
Consolidated total depreciation, amortization and impairment |  |  | 13,519 |  |  |  | 11,635 |  |  |  | 11,962 |
| (*) | Including goodwill.
Schedule of Revenues and Long-Lived Assets by Geographical Areas |
Geographic information
|  | Revenues |
|  | Year ended December 31, |
(in thousands) |  | 2017 |  |  | 2016 |  |  | 2015 |
Israel |  |  | 116,391 |  |  |  | 101,273 |  |  |  | 88,556 |
United States |  |  | 8,537 |  |  |  | 8,697 |  |  |  | 7,811 |
Brazil |  |  | 89,455 |  |  |  | 70,982 |  |  |  | 58,403 |
Argentina |  |  | 15,211 |  |  |  | 14,772 |  |  |  | 17,324 |
Others |  |  | 5,042 |  |  |  | 3,850 |  |  |  | 3,534 |
Total |  |  | 234,636 |  |  |  | 199,574 |  |  |  | 175,628 |
|  | Property and equipment, net |
|  | December 31, |
(in thousands) |  | 2017 |  |  | 2016 |  |  | 2015 |
Israel |  |  | 16,757 |  |  |  | 11,973 |  |  |  | 9,934 |
United States |  |  | 118 |  |  |  | 106 |  |  |  | 73 |
Brazil |  |  | 17,969 |  |  |  | 19,188 |  |  |  | 17,228 |
Argentina |  |  | 4,203 |  |  |  | 4,377 |  |  |  | 4,279 |
Total |  |  | 39,047 |  |  |  | 35,644 |  |  |  | 31,514 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
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