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SEGMENT REPORTING (Tables)
6 Months Ended
Jun. 30, 2018
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
 
                   
Six month period ended June 30, 2018 (unaudited)
                 
Revenues
   
87,189
     
33,605
     
120,794
 
Operating income
   
29,433
     
898
     
30,331
 
Expenditures for assets
   
6,802
     
282
     
7,084
 
Depreciation and amortization
   
4,517
     
218
     
4,735
 
                         
Six month period ended June 30, 2017 (unaudited)
                       
Revenues
   
81,437
     
32,010
     
113,447
 
Operating income
   
25,487
     
2,482
     
27,969
 
Expenditures for assets
   
2,846
     
250
     
3,096
 
Depreciation and amortization
   
4,847
     
133
     
4,980
 
 
As of June 30, 2018 (unaudited)
                 
Assets
   
77,364
     
17,666
     
95,030
 
Goodwill
   
1,645
     
1,942
     
3,587
 
                         
As of December 31, 2017
                       
Assets
   
95,384
     
17,192
     
112,576
 
Goodwill
   
1,732
     
2,045
     
3,777
 
 
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
 
   
Six month period
ended June 30,
 
(in thousands)
 
2018
   
2017
 
   
(unaudited)
 
Total revenues of reportable segment and consolidated revenues
   
120,794
     
113,447
 
                 
Operating income
               
Total operating income for reportable segments
   
30,331
     
27,969
 
Unallocated amounts:
               
Financing income, net
   
568
     
841
 
Consolidated income before taxes on income
   
30,899
     
28,810
 
 
   
US dollars
 
   
Six month period
ended June 30,
 
(in thousands)
 
2018
   
2017
 
   
(unaudited)
 
Other significant items
           
Total expenditures for assets of reportable segments
   
7,084
     
3,096
 
Unallocated amounts
   
2,717
     
3,159
 
Consolidated total expenditures for assets
   
9,801
     
6,255
 
                 
Total depreciation and amortization for reportable segments
   
4,735
     
4,980
 
Unallocated amounts
   
1,954
     
1,487
 
Consolidated total depreciation and amortization
   
6,689
     
6,467
 
 
   
US dollars
 
   
June 30,
   
December 31,
 
(in thousands)
 
2018
   
2017
 
   
(unaudited)
     
Assets
           
Total assets for reportable segments (*)
   
98,617
     
116,353
 
Other unallocated amounts:
               
Current assets
   
68,350
     
59,412
 
Investments in affiliated and other companies
   
15,960
     
16,221
 
Property and equipment, net
   
15,005
     
15,092
 
Other unallocated amounts
   
9,236
     
8,081
 
Consolidated total assets (at period end)
   
207,168
     
215,159
 
 
(*)
Including goodwill.
Schedule of Revenues and Long-Lived Assets by Geographical Areas
Geographic information
 
   
Revenues
 
   
US dollars
 
   
Six month period
ended June 30,
 
(in thousands)
 
2018
   
2017
 
   
(unaudited)
 
Israel
   
62,410
     
56,859
 
United States
   
4,184
     
4,040
 
Brazil
   
45,198
     
42,333
 
Argentina
   
6,307
     
7,906
 
Others
   
2,695
     
2,309
 
Total
   
120,794
     
113,447
 

   
Property and
equipment, net
 
   
US dollars
 
   
June 30,
   
December 31,
 
(in thousands)
 
2018
   
2017
 
   
(unaudited)
     
Israel
   
16,580
     
16,757
 
United States
   
169
     
118
 
Brazil
   
17,813
     
17,969
 
Argentina
   
2,670
     
4,203
 
Total
   
37,232
     
39,047