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Employee Option Plans (Tables)
12 Months Ended
Dec. 31, 2021
Employee Option Plans (Tables) [Line Items]  
Schedule of stock-based compensation expense resulting from stock options grants
   Year ended December 31, 
   2021   2020   2019 
Selling and marketing expenses   
-
    
-
    74 
General and administrative expenses   14,767    7,856    3,800 
   $14,767   $7,856   $3,874 

 

Schedule of Sapiens’ stock option plans
                   Weighted 
      Weighted          Average 
   Options   Average   Weighted   Options   Exercise 
   outstanding   remaining   average   Exercisable   price of 
Ranges of  as of   contractual   exercise   as of   Options 
exercise price  December 31,   Term   price   December 31,   Exercisable 
$  2021   (Years)   $   2021   $ 
7.94   3,750    2.35    7.94    -    - 
8.7-10.72   597,969    1.82    10.64    564,969    10.66 
11.48-15.09   109,166    2.28    12.51    67,500    12.17 
23.92-28.49   297,500    4.56    25.97    82,500    24.77 
29.81-32.27   730,000    4.98    30.17    20,000    31.59 
34.96   97,000    5.92    34.69    
-
    
-
 
    1,835,385    3.77    22.27    734,696    12.95 

 

Schedule of the RSU activities
       Weighted
Average
 
   Amount of   Grant-Date Fair 
   options   value 
Unvested at January 1, 2021   238,005    24.45 
Granted   74,222    29.96 
Vested   (43,451)   24.45 
Expired and forfeiture   (65,020)   24.47 
Unvested at December 31, 2021   203,756    26.46 
Schedule of Sapiens’ stock option plans

Ranges of

Exercise price

  

Options
outstanding

  

Weighted
average
remaining
contractual life

   Weighted
average
exercise price
  

Options
exercisable

  

Weighted average
exercise price

of exercisable

options

 
$       (Years)   $       $ 
0    60,000    1.60    -    20,000    - 
 4.32    6,250    8.62   $4.32    6,250   $4.32 
      66,250    7.96   $0.45    26,250   $1.03 
Matrix [Member]  
Employee Option Plans (Tables) [Line Items]  
Schedule of Matrix stock-based compensation activity (and not Magic software)
  

Number

of options

   Weighted
average
exercise
price
  

Weighted
average
remaining
contractual
term

(in years)

   Aggregate
intrinsic
value
 
Outstanding at January 1, 2021   1,674,134    10.70    2.88    19,935 
Exercised   (811,378)   10.70    
-
    (11,159)
Outstanding at December 31, 2021   862,756    11.41    1.93    17,513 
Exercisable at December 31, 2021   51,378    
-
    
-
    1,560 

 

Sapiens [Member]  
Employee Option Plans (Tables) [Line Items]  
Schedule of Sapiens stock-based compensation activity (and not Magic software)
   Year ended December 31, 2021 
   Amount of
options
  

Weighted

average

exercise

price

   Weighted average remaining
contractual
life
(in years)
   Aggregate
intrinsic value
 
Outstanding at January 1, 2021   1,462,482    14.26    3.17    24,019 
Granted   847,000    30.36           
Exercised   (359,859)   10.32           
Expired and forfeited   (114,238)   12.69           
Outstanding at December 31, 2021   
1835,385
    22.27    3.77    22,374 
Exercisable at December 31, 2021   734,969    12.95    2.1    15,064 

 

Magic Software [Member]  
Employee Option Plans (Tables) [Line Items]  
Schedule of the RSU activities
   

Number

of options

   Weighted
average
exercise
price
  

Weighted average remaining
contractual
term

(in years)

   Aggregate
intrinsic
value
 
Outstanding at January 1, 2021    24,250    3.45    1.24    380 
Granted    80,000    
-
           
Exercised    (38,000)   1.12           
Forfeited     
-
    
 
           
Outstanding at December 31, 2021    66,250    0.45         1,360 
Exercisable at December 31, 2021    26,250    1.03    7.96    522