XML 80 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
CONSOLIDATED STATEMENTS OF INCOME [Abstract]      
Revenues $ 296,564 $ 259,671 $ 198,791
Cost of revenues 169,169 155,377 120,503
Gross profit 127,395 104,294 78,288
Operating expenses:      
Research and development (net of grants and participations for the amount of $167, $211 and $310 for the years ended December 31, 2010, 2011 and 2012, respectively) 2,100 2,487 2,273
Marketing and selling 46,911 34,043 16,048
General and administrative 28,423 30,018 20,896
Total operating expenses 77,434 66,548 39,217
Operating income 49,961 37,746 39,071
Finance expenses, net 2,773 4,775 2,370
Income before taxes on income 47,188 32,971 36,701
Taxes on income 6,821 3,600 7,399
Income after taxes on income 40,367 29,371 29,302
Equity in loss of affiliate, net    67 296
Net income 40,367 29,304 29,006
Net income attributable to non-controlling interest 735 252 348
Net income attributable to controlling interest 39,632 29,052 28,658
Dividends attributable to preferred shareholders    8,376 8,312
Net income attributable to the Company's ordinary shareholders $ 39,632 $ 20,676 $ 20,346
Basic net income per share of ordinary shares $ 1.21 $ 1.06 $ 1.04
Diluted net income per share of ordinary shares $ 1.21 $ 1.06 $ 1.04
Weighted average number of ordinary shares used in computing basic income per share 32,641,701 19,565,000 19,565,000
Weighted average number of ordinary shares used in computing diluted income per share 32,699,748 19,565,000 19,565,000