XML 125 R107.htm IDEA: XBRL DOCUMENT v2.4.0.6
Taxes On Income (Schedule Of Effective Income Tax Rate Reconciliation) (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Taxes On Income [Abstract]      
Income before taxes as reported in the consolidated statements of income $ 104,004 $ 199,361 $ 247,330
Statutory tax rate 24.00% 25.00% 26.00%
Theoretical tax expense 24,961 49,840 64,306
Tax benefit arising from reduced rate as an "Approved and Privileged Enterprise" and other tax benefits (11,451) [1] (20,528) [1] (31,712) [1]
Tax adjustment in respect of different tax rates for foreign subsidiaries 2,721 5,382 5,663
Changes in carry-forward losses and valuation allowance (125) (8,066) (1,506)
Increase in taxes resulting from non-deductible expenses 1,105 3,020 3,133
Difference in basis of measurement for financial reporting and tax return purposes (2,375) (3,370) 4,124
Taxes in respect of prior years (299) (2,004) (6,400)
Other differences, net (938) (238) 501
Actual tax expenses $ 13,624 $ 24,037 $ 38,109
Effective tax rate 13.10% 12.06% 15.40%
Basic $ 0.27 [2] $ 0.48 [2] $ 0.75 [2]
Diluted $ 0.27 $ 0.47 $ 0.74
[1] Net earnings per share - amounts of the benefit resulting from the Approved and Privileged Enterprises
[2] Taxes in respect of prior years: