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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Telematics services $ 189,649 $ 182,944 $ 204,728
Telematics products 81,235 62,683 74,604
Total revenues 270,884 245,627 279,332
Cost of revenues:      
Telematics services 84,783 81,365 90,158
Telematics products 59,619 48,747 58,656
Total cost of revenues 144,402 130,112 148,814
Gross profit 126,482 115,515 130,518
Research and development expenses 14,099 12,767 13,913
Selling and marketing expenses 11,906 11,014 12,778
General and administrative expenses 46,118 49,705 55,166
Impairment of goodwill (Note 9) 10,508 12,292
Impairment of intangible assets and other expenses (income), net (Note 8) (256) 3,690 13,715
Operating income 54,615 27,831 22,654
Other expense, net (109) (272) (26)
Financing income (expenses), net (Note 14) (5,538) 1,480 576
Income before income tax 48,968 29,039 23,204
Income tax expenses (Note 15) (11,854) (10,856) (12,234)
Share in losses of affiliated companies, net (Note 4A) (102) (842) (3,203)
Net income for the year 37,012 17,341 7,767
Less: Net income attributable to non-controlling interest (2,756) (1,218) (878)
Net income attributable to the Company $ 34,256 $ 16,123 $ 6,889
Basic and diluted earnings per share attributable to Company's stockholders (Note 16) $ 1.65 $ 0.77 $ 0.33
Basic and diluted weighted average number of shares outstanding 20,769 20,813 21,037