EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2022

NOTE 16

EARNINGS PER SHARE

During the periods, there were no potential instruments that could be exercised or converted to ordinary shares. The net income and the weighted average number of shares used in computing basic and diluted earnings per share for the years ended December 31, 2022, 2021 and 2020, are as follows:

	US dollars
	Year ended December 31,
(in thousands)	2022		2021		2020
Net income attributable to stockholder's used for the computation of basic and diluted earnings per share		37,103		34,256		16,123

	Number of shares
	Year ended December 31,
(in thousands)	2022		2021		2020
Weighted average number of shares used in the computation of basic and diluted earnings per share		20,418		20,769		20,813