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Consolidated Statements of Profit or Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Proprietary software products and related services $ 632,986 $ 509,109 $ 438,256
Software services and other 1,771,390 1,424,809 1,262,859
Total revenues 2,404,376 1,933,918 1,701,115
Cost of revenues:      
Proprietary software products and related services 350,788 284,325 248,957
Other software products and related services 1,489,729 1,202,160 1,066,109
Total cost of revenues 1,840,517 1,486,485 1,315,066
Gross profit 563,859 447,433 386,049
Research and development expenses, net 65,858 52,604 46,690
Selling, marketing, general and administrative expenses 289,985 224,188 200,870
Operating income 208,016 170,641 138,489
Financial expenses 29,994 29,444 22,443
Financial income 5,989 2,559 3,791
Pre-tax income before share of profits of companies accounted for at equity, net 184,011 143,756 119,837
Share of profits of companies accounted for at equity, net 505 1,535 1,787
Taxes on income 42,614 31,269 27,201
Net income 141,902 114,022 94,423
Attributable to:      
Equity holders of the Company 54,585 46,776 38,820
Non-controlling interests 87,317 67,246 55,603
Net income $ 141,902 $ 114,022 $ 94,423
Net earnings per share attributable to equity holders of The Company      
Basic earnings per share (in Dollars per share) $ 3.57 $ 3.05 $ 2.56
Diluted earnings per share (in Dollars per share) $ 3.5 $ 3.01 $ 2.44