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ACQUISITION OF BUSINESS (Schedule of Purchase Price Allocation) (Details) - USD ($) $ in Thousands | Sep. 13, 2018 | Dec. 31, 2019 | [1] | Dec. 31, 2018 | [1] | Dec. 31, 2017
--- | --- | --- | --- | --- | --- | ---
Business Acquisition [Line Items] |  |  |  |  |
Fair value of previous investment in acquired companies |  | $ 24,734 |  |  |
Obligation to purchase non-controlling interests |  | 16,144 |  |  |
Recognized amounts of identifiable assets acquired and liabilities assumed: |  |  |  |  |
Intangible assets, net |  | 38,583 |  |  |
Property and equipment, net |  | 11,014 |  |  |
Liability for employee rights upon retirement |  | (1,337) |  |  |
Deferred income taxes |  | 763 |  |  |
Other non-current assets |  | 2,132 |  |  |
Deferred revenues (including current portion) |  | (34,048) |  |  |
Goodwill |  | 59,402 | $ 50,086 | $ 62,896 | $ 3,777
Road Track [Member] |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |
Cash paid |  | 75,700 |  |  |
Consideration paid by issuance of treasury stock |  | 12,038 |  |  |
Amount to be received as purchase price adjustment |  | (10,800) |  |  |
Total acquisition price |  | 76,938 |  |  |
Fair value of previous investment in acquired companies |  | 24,734 |  |  |
Obligation to purchase non-controlling interests |  | 16,144 |  |  |
Recognized amounts of identifiable assets acquired and liabilities assumed: |  |  |  |  |
Cash and cash equivalents |  | 6,731 |  |  |
Working capital (excluding cash and cash equivalents and deferred revenues) |  | 34,576 |  |  |
Intangible assets, net |  | 38,583 |  |  |
Property and equipment, net |  | 11,014 |  |  |
Liability for employee rights upon retirement |  | (1,337) |  |  |
Deferred income taxes |  | 763 |  |  |
Other non-current assets |  | 2,132 |  |  |
Deferred revenues (including current portion) |  | (34,048) |  |  |
Net assets acquired |  | 58,414 |  |  |
Goodwill | [2] | $ 59,402 |  |  |
[1] | The accumulated amount of goodwill impairment loss as of December 31, 2019, and 2018 was US$ 19.4 million and US$ 7.1million, respectively.
[2] | As part of the purchase price allocation for the acquisition, the Company recorded goodwill in the amount of $59.4 million. Goodwill reflects the value or premium of the acquisition price in excess of the fair values assigned to specific tangible and intangible assets. Goodwill has an indefinite useful life and therefore is not amortized as an expense (the goodwill balance is not deductible for income tax purposes), but is reviewed annually (or more, in certain circumstances) for impairment of its fair value to the Company. The purchase price intrinsically recognizes the benefits of the broadened depth of new markets and management team and is primarily attributable to expected synergies.

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