XML 59 R46.htm IDEA: XBRL DOCUMENT v3.23.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details) - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Sep. 22, 2021
Sep. 13, 2018
Summary Of Significant Accounting Policies [Line Items]          
Trading gains $ (3,860,000) $ (2,387,000) $ 2,453,000    
Allowance for doubtful accounts receivable 4,946,000 3,368,000      
Intangible asset impairment loss 0 0 [1] 3,661,000    
Financing income, net     1,900,000    
Goodwill (Note 9) 39,510,000 [2] 39,999,000 [2] 39,862,000    
Severance expenses 2,115,000 1,910,000 1,610,000    
Advertising expenses 7,300,000 8,000,000 8,100,000    
Purchase non-controlling interests percentage       18.70%  
Obligation to purchase non-controlling interests       $ 11,300,000  
Telematics Services [Member]          
Summary Of Significant Accounting Policies [Line Items]          
Goodwill (Note 9) 33,990,000 [2] 34,215,000 [2] $ 34,152,000    
Road Track [Member]          
Summary Of Significant Accounting Policies [Line Items]          
Business acquisition percentage         81.30%
Ituran Spain Holdings [Member]          
Summary Of Significant Accounting Policies [Line Items]          
Business acquisition percentage       18.70%  
Two different reporting [Member] | Telematics Services [Member]          
Summary Of Significant Accounting Policies [Line Items]          
Goodwill (Note 9) 32,300,000        
Two different reporting [Member] | Telematics Products [Member]          
Summary Of Significant Accounting Policies [Line Items]          
Goodwill (Note 9) 3,500,000        
One reporting unit [Member] | Telematics Services [Member]          
Summary Of Significant Accounting Policies [Line Items]          
Goodwill (Note 9) 1,700,000 1,700,000      
One reporting unit [Member] | Telematics Products [Member]          
Summary Of Significant Accounting Policies [Line Items]          
Goodwill (Note 9) $ 2,000,000 $ 2,000,000      
Minimum [Member] | Software Product [Member]          
Summary Of Significant Accounting Policies [Line Items]          
Estimated useful life 3 years        
Maximum [Member] | Software Product [Member]          
Summary Of Significant Accounting Policies [Line Items]          
Estimated useful life 5 years        
[1] Due to the decline in the results of Road Track in the first half of 2020 and the expectation of management for further potential decrease in Road Track anticipated performance, the Company performed on June 30, 2020, an impairment analysis of the intangible assets which relate directly to the operation of Road Track. Based on such analysis the Company recorded an impairment charge further described below:
[2] The accumulated amount of goodwill impairment loss as of December 31, 2022, and 2021 was US$29.89 million.