XML 29 R17.htm IDEA: XBRL DOCUMENT

Leases

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

Note 11 – Leases

A.	The components of operating lease cost for the year ended December 31, 2021 and 2020 were as follows:

		Year ended December 31
		2019				2020				2021
		US$ thousands
Operating lease costs (mainly plant and offices)			1,494				1,623				1,921
Variable lease payments not included in the lease liability			2				3				8
Short-term lease cost			287				285				278
Total operating lease cost			1,783				1,911				2,207

B.	Supplemental cash flow information related to operating leases was as follows:

		Year ended December 31
		2019				2020				2021
		US$ thousands
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases			1,541				1,601				1,887
Right-of-use assets obtained in exchange for lease liabilities (non-cash):
Operating leases			1,524				7,201				451

C. Supplemental balance sheet information related to operating leases was as follows:

		December 31
		2020				2021
		US$ thousands

Operating leases:
Operating leases right-of-use			9,913				8,765

Current operating lease liabilities			1,813				1,811
Non-current operating lease liabilities			8,282				7,377
Total operating lease liabilities			10,095				9,188

		December 31
		2020				2021
		US$ thousands

Weighted average remaining lease term (years)			8.2				7.3

Weighted average discount rate			2.4	%			2.3	%

D. Future minimum lease payments under non-cancellable leases as of December 31, 2021 were as follows:

		December 31, 2021
		US$ thousands

2022			1,813
2023			1,597
2024			1,235
2025			1,011
After 2026			4,090
Total operating lease payments			9,746
Less: imputed interest			(558	)
Present value of lease liabilities			9,188