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EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2017

Earnings Per Share [Abstract]

EARNINGS PER SHARE

NOTE 16   -    EARNINGS PER SHARE

During the periods, there were no potential instruments that could be exercised or converted to ordinary shares. The net income and the weighted average number of shares used in computing basic and diluted earnings per share for the years ended December 31, 2017, 2016 and 2015, are as follows:

		US dollars
		Year ended December 31,
(in thousands)		2017				2016				2015
Net income attributable to stockholder's used for the computation of basic and diluted earnings per share			43,794				32,139				24,971

		Number of shares
		Year ended December 31,
(in thousands)		2017				2016				2015
Weighted average number of shares used in the computation of basic and diluted earnings per share			20,968				20,968				20,968

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- References

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- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-URI http://asc.fasb.org/topic&trid=2144383

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