SELECTED STATEMENTS OF OPERATIONS DATA

12 Months Ended

Dec. 31, 2020

NOTE 18:-SELECTED STATEMENTS OF OPERATIONS DATA

a.Financial expenses and others, net:

	Year ended December 31,
	2018			2019			2020

Financial income:
Interest on deposits	$	111		$	111		$	79
Foreign currency translation differences and derivatives (*)		3,981			190			1,330
Others		-			-			807

		4,092			301			2,216
Financial expenses:
Bank charges and interest on loans		(4,597	)		(3,787	)		(4,130	)
Foreign currency translation differences and derivatives		(5,844	)		(2,627	)		(3,716	)
Others		-			(408	)		(293	)

		(10,441	)		(6,822	)		(8,139	)

	$	(6,349	)	$	(6,521	)	$	(5,923	)

(*)During 2018 the Company recorded $ 969 income upon collection of trade receivables balances from customer in Venezuela at a rate which was higher than the rate it could collect these receivables previously.

F - 47

CERAGON NETWORKS LTD. AND ITS SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

U.S. dollars in thousands (except share data)

NOTE 18:-SELECTED STATEMENTS OF OPERATIONS DATA (Cont.)

b.Net income (loss) per share:

The following table sets forth the computation of basic and diluted net earnings per share:

	Year ended December 31,
	2018		2019			2020
Numerator:
Numerator for basic and diluted net income (loss) per share - income (loss) available to shareholders of Ordinary shares	$	23,046	$	(2,344	)	$	(17,092	)

Denominator:
Denominator for basic net income (loss) per share - weighted average number of Ordinary shares		78,579,013		80,296,581			81,149,687

Effect of dilutive securities:
Employee stock options and RSU		2,442,514		-			-

Denominator for diluted net income (loss) per share - adjusted weighted average number of shares	$	81,021,527	$	80,296,581		$	81,149,687