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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Revenues:    
Location-based services $ 87,189 $ 81,437
Wireless communications products 33,605 32,010
Total revenues 120,794 113,447
Cost of revenues:    
Location-based services 27,839 27,305
Wireless communications products 32,571 27,879
Total cost of revenues 60,410 55,184
Gross profit 60,384 58,263
Research and development expenses 2,099 1,768
Selling and marketing expenses 5,482 6,278
General and administrative expenses 22,590 22,391
Other expenses (income), net (118) (143)
Operating income 30,331 27,969
Financing income, net 568 841
Income before income tax 30,899 28,810
Income tax expenses (8,510) (8,444)
Share in gains of affiliated companies, net 2,224 4,489
Net income for the period 24,613 24,855
Less: Net income attributable to non-controlling interests (1,319) (1,415)
Net income attributable to the Company $ 23,294 $ 23,440
Basic and diluted earnings per share attributable to Company's stockholders $ 1.11 $ 1.12
Basic and diluted weighted average number of shares outstanding (in thousands) 20,968 20,968