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SEGMENT REPORTING (Tables)

12 Months Ended

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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+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.1)
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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.

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