XML 78 R53.htm IDEA: XBRL DOCUMENT v3.19.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Effect of Impacts of Adopting Topic 606) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues:      
Telematics services $ 181,357 $ 169,752 $ 141,940
Telematics products 71,978 64,884 57,634
Total revenues 253,335 234,636 199,574
Cost of revenues (126,007) (115,252) (97,543)
Research and development expenses (6,223) (3,160) (2,895)
Selling and marketing expenses (11,340) (12,246) (10,074)
General and administrative expenses (47,693) (47,590) (40,228)
Other income, net 306 147 (836)
Other income, net 13,138
Financing income, net 717 (989) 2,056
Income tax expenses (17,273) (17,705) (14,877)
Share in gains of affiliated companies, net 4,219 8,520 (449)
Net income for the year 63,179 $ 46,361 $ 34,728
New Revenue Standard Adjustment [Member]      
Revenues:      
Telematics services    
Telematics products 166    
Total revenues 166    
Cost of revenues    
Research and development expenses    
Selling and marketing expenses    
General and administrative expenses    
Other income, net    
Other income, net    
Financing income, net    
Income tax expenses (464)    
Share in gains of affiliated companies, net    
Net income for the year (298)    
Balances as if Topic 606 was not adopted [Member]      
Revenues:      
Telematics services 181,357    
Telematics products 72,144    
Total revenues 253,501    
Cost of revenues (126,007)    
Research and development expenses (6,223)    
Selling and marketing expenses (11,340)    
General and administrative expenses (47,693)    
Other income, net 306    
Other income, net 13,138    
Financing income, net 717    
Income tax expenses (17,737)    
Share in gains of affiliated companies, net 4,219    
Net income for the year $ 62,881