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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.