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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating activities:      
Net income $ 99,225 $ 38,706 $ 10,225
Adjustments required to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 13,838 9,897 9,923
Stock-based compensation expense 11,570 6,985 4,447
Foreign currency translation 20 (223) 19
Accrued interest, net (3,646) (300) (125)
Deferred taxes, net (1,428) (2,755) (3,093)
Accrued severance pay, net (106) 663 (23)
Change in payment obligation related to acquisitions (6,904) 350 4,646
Loss (gain) from sale of property and equipment (12) 121 10
Net changes in operating assets and liabilities:      
Accounts receivable, net (45,236) (34,239) (32,049)
Prepaid expenses and other current assets (434) (2,781) (1,185)
Operating lease right-of-use assets 1,104 8,510 2,595
Operating lease liabilities (1,909) (8,643) (2,255)
Accounts payable 48,191 35,222 24,742
Accrued expenses and other liabilities 9,320 21,446 2,776
Deferred revenue (1,474) (1,853) 1,506
Net cash provided by operating activities 122,119 71,106 22,159
Investing activities:      
Purchases of property and equipment (1,058) (627) (459)
Proceeds from sale of property and equipment 12 95 5
Short-term deposits, inflows 217,200 12,700 23,234
Short-term deposits, outflows (253,400) (217,200) (12,700)
Cash paid in connection with acquisitions, net of cash acquired (9,570) (38,438) (19,000)
Net cash used in investing activities (46,816) (243,470) (8,920)
Financing activities:      
Issuance of shares in private placement, net 0 230,489 0
Proceeds from exercise of stock-based compensation 5,833 6,898 4,286
Payments of contingent consideration (9,091) 0 0
Repayment of long-term loans 0 (8,333) (8,333)
Net cash provided by (used in) financing activities (3,258) 229,054 (4,047)
Effect of exchange rate changes on cash and cash equivalents (59) (33) 81
Net increase in cash and cash equivalents and restricted cash 71,986 56,657 9,273
Cash and cash equivalents and restricted cash at beginning of year 105,535 48,878 39,605
Cash and cash equivalents and restricted cash at end of year 177,521 105,535 48,878
Reconciliation of cash, cash equivalents, and restricted cash to the consolidated balance sheet      
Cash and cash equivalents 176,226 104,446 47,656
Restricted cash 1,295 1,089 1,222
Total cash, cash equivalents, and restricted cash 177,521 105,535 48,878
Cash paid during the year for:      
Income taxes 7,689 4,365 3,180
Interest 5 203 1,097
Non-cash investing and financing activities:      
Creation of new lease right-of-use assets arising from lease liability 2,085 0 1,671
Purchase of property and equipment on credit $ (47) $ 45 $ 3