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SEGMENT REPORTING (Tables)

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Schedule of Reportable Operating Segments

		US dollars
(in thousands)		Telematics services				Telematics products				Total
Year ended December 31, 2022
Revenues			209,558				83,514				293,072
Operating income			56,287				2,487				58,774
Assets			97,244				35,436				132,680
Goodwill			33,990				5,520				39,510
Expenditures for assets			18,705				1,320				20,025
Depreciation and amortization			12,679				1,959				14,638
Year ended December 31, 2021
Revenues			189,649				81,235				270,884
Operating income			48,072				6,543				54,615
Assets			79,535				38,312				117,847
Goodwill			34,215				5,784				39,999
Expenditures for assets			9,057				1,053				10,110
Depreciation and amortization			11,411				2,142				13,553
Year ended December 31, 2020
Revenues			182,944				62,683				245,627
Operating income (loss)			28,666				(835	)			27,831
Assets			89,939				22,425				112,364
Goodwill			34,152				5,710				39,862
Expenditures for assets			6,116				1,142				7,258
Depreciation and amortization			12,471				2,008				14,479
Impairment of goodwill			9,479				1,029				10,508
Impairment of intangible assets			1,869				1,792				3,661

Schedule of Reporting Information from Segments to Consolidated Totals

		US dollars
		Year ended December 31,
(in thousands)		2022				2021				2020
Total revenues of reportable segment and consolidated revenues			293,072				270,884				245,627
Operating income
Total operating income for reportable segments			58,774				54,615				27,831
Unallocated amounts:
Financing income, net			(5,944	)			(5,538	)			1,480
Other expense, net			-				(109	)			(272	)
Consolidated income before taxes on income			52,830				48,968				29,039
Assets
Total assets for reportable segments (*)			172,190				157,846				152,226
Other unallocated amounts:
Current assets			72,190				93,244				117,295
Investments in affiliated and other companies			2,967				2,751				2,171
Property and equipment, net			14,795				15,783				17,180
Other unallocated amounts			28,785				23,397				23,600
Consolidated total assets (at year end)			290,927				293,021				312,472
Other significant items
Total expenditures for assets of reportable segments			20,025				10,110				7,258
Unallocated amounts			6,480				6,516				2,976
Consolidated total expenditures for assets			26,505				16,626				10,234
Total depreciation, amortization and impairment for reportable segments			14,638				13,553				28,648
Unallocated amounts			5,496				4,543				4,352
Consolidated total depreciation, amortization and impairment			20,134				18,096				33,000

Schedule of Revenues and Long-Lived Assets by Geographical Areas

		Revenues
		Year ended December 31,
(in thousands)		2022				2021				2020
Israel			150,423				140,569				120,515
Brazil			69,091				57,764				61,470
Others			73,558				72,551				63,642
Total			293,072				270,884				245,627

		Property and equipment, net
		December 31,
(in thousands)		2022				2021				2020
Israel			13,138				14,524				13,784
Brazil			23,488				13,617				14,462
Others			8,972				7,511				9,407
Total			45,598				35,652				37,653

Schedule of Major Product Lines and Timing of Revenue Recognition

		US dollars
		Reportable segments result of operations
(in thousands)		Year ended December 31, 2021												Year ended December 31, 2022
		Telematics services				Telematics products				Total				Telematics services				Telematics products				Total
At a point of time			-				78,947				78,947				-				81,342				81,342
Over a period of time			189,649				2,288				191,937				209,558				2,172				211,730
			189,649				81,235				270,884				209,558				83,514				293,072

			US dollars
		Reportable segments result of operations
(in thousands)		Year ended December 31, 2020
		Telematics services				Telematics products				Total
At a point of time			-				60,953				60,953
Over a period of time			182,944				1,730				184,674
			182,944				62,683				245,627

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