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SEGMENT REPORTING (Tables)

12 Months Ended

Dec. 31, 2018

Segment Reporting [Abstract]

Schedule of Reportable Operating Segments

Information about reported segment profit or loss and assets:

		US dollars
(in thousands)		Telematics services				Telematics products				Total
Year ended December 31, 2018
Revenues			181,357				71,978				253,335
Operating income			56,913				5,465				62,378
Assets			101,305				36,355				137,660
Goodwill			55,069				7,827				62,896
Expenditures for assets			15,677				537				16,214
Depreciation and amortization			8,630				486				9,116
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

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)		2018				2017				2016
Total revenues of reportable segment and consolidated revenues			253,335				234,636				199,574
Operating income
Total operating income for reportable segments			62,378				56,535				47,998
Unallocated amounts:
Financing income, net			717				(989	)			2,056
Other income, net			13,138				-				-
Consolidated income before taxes on income			76,233				55,546				50,054
Assets
Total assets for reportable segments (*)			200,556				116,353				103,976
Other unallocated amounts:
Current assets			103,994				59,412				43,874
Investments in affiliated and other companies			7,644				16,221				12,060
Property and equipment, net			20,074				15,092				10,912
Other unallocated amounts			41,524				8,081				7,197
Consolidated total assets (at year end)			373,792				215,159				178,019
Other significant items
Total expenditures for assets of reportable segments			16,214				10,027				9,331
Unallocated amounts			5,168				6,281				4,498
Consolidated total expenditures for assets			21,382				16,308				13,829
Total depreciation, amortization and impairment for reportable segments			9,116				10,358				9,160
Unallocated amounts			5,492				3,161				2,475
Consolidated total depreciation, amortization and impairment			14,608				13,519				11,635

(*) Including goodwill.

Schedule of Revenues and Long-Lived Assets by Geographical Areas

Geographic information

		Revenues
		Year ended December 31,
(in thousands)		2018				2017				2016
Israel			116,186				116,391				101,273
United States			8,873				8,537				8,697
Brazil			90,842				89,455				70,982
Argentina			13,643				15,211				14,772
Mexico			7,889				-				-
Ecuador			8,362				-				-
Colombia			2,450				-				-
Others			5,090				5,042				3,850
Total			253,335				234,636				199,574

		Property and equipment, net
		December 31,
(in thousands)		2018				2017				2016
Israel			16,478				16,757				11,973
United States			142				118				106
Brazil			24,562				17,969				19,188
Argentina			3,820				4,203				4,377
Mexico			3,285				-				-
Ecuador			1,530				-				-
Colombia			303				-				-
Other			340				-				-
Total			50,460				39,047				35,644

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