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TAXES ON INCOME (Tables) | 12 Months Ended
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Dec. 31, 2021
Income Tax Disclosure [Abstract] |
Schedule of Deferred Income Taxes | Deferred taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes and carryforward tax losses and credits. Significant components of the Company's deferred tax liabilities and assets are as follows:
|  |  |  | December 31, |
|  |  |  | 2021 |  |  | 2020 |
1. |  | Provided in respect of the following: |  |  |  |  |  |  |  |
|  | Gross deferred tax assets: |  |  |  |  |  |  |  |
|  | Carryforward tax losses and credits *) **) |  | $ | 41,158 |  |  | $ | 38,937 |
|  | Property, equipment and intangibles |  |  | 802 |  |  |  | 1,004 |
|  | Inventory accrual |  |  | 1,555 |  |  |  | 1,173 |
|  | Vacation accrual |  |  | 1,132 |  |  |  | 1,103 |
|  | Supplementary tax advances |  |  | 969 |  |  |  | 2,489 |
|  | Deferred revenues |  |  | 446 |  |  |  | 567 |
|  | Research and development costs |  |  | 1,227 |  |  |  | 297 |
|  | Other temporary differences |  |  | 2,603 |  |  |  | 2,568 |
|  | Gross deferred tax assets |  |  | 49,892 |  |  |  | 48,138 |
|  | Valuation allowance |  |  | (27,952 | ) |  |  | (25,476 | )
|  | Net deferred tax assets |  |  | 21,940 |  |  |  | 22,662 |
|  | Gross deferred tax liabilities |  |  |  |  |  |  |  |
|  | Property and equipment |  |  | (3,748 | ) |  |  | (3,367 | )
|  | Other temporary differences |  |  | (641 | ) |  |  | - |
|  | Gross deferred tax liabilities |  |  | (4,389 | ) |  |  | (3,367 | )
|  | Net deferred tax assets |  | $ | 17,551 |  |  | $ | 19,295 |
|  | *) | The amounts are shown after reduction for unrecognized tax benefits of $5,494 and $4,197 as of December 31, 2021 and 2020, respectively.
|  | **) | Excluding capital losses carryforwards, which are not part of the Company’s on-going business, and for which the Company records full valuation allowance.
Schedule of Deferred Taxes Included in Consolidated Balance Sheets |
|  |  |  | December 31, |
|  |  |  | 2021 |  |  | 2020 |
2. |  | Deferred taxes are included in the consolidated balance sheets, as follows: |  |  |  |  |  |  |  |
|  | Long-term assets |  | $ | 17,551 |  |  | $ | 19,295 |
Reconciliation of Statutory Tax Rate to Effective Tax Rate | e.Reconciling items between the statutory tax rate of the Company and the actual taxes on income (tax benefit):
|  | Year ended December 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
|  |  |  |  | As Restated (1) |
Income before taxes on income (tax benefit), as reported in the consolidated statements of income (loss) |  | $ | 459 |  |  | $ | 35,869 |  |  | $ | 23,275 |
Statutory tax rate |  |  | 23.0 | % |  |  | 23.0 | % |  |  | 23.0 | %
Theoretical taxes on income |  | $ | 105 |  |  | $ | 8,250 |  |  | $ | 5,353 |
Currency differences |  |  | 129 |  |  |  | (7 | ) |  |  | (1,908 | )
Tax adjustment in respect of different tax rates and "Benefitted Enterprise" status |  |  | (968 | ) |  |  | (1,204 | ) |  |  | 241 |
Changes in valuation allowance |  |  | 2,476 |  |  |  | (1,217 | ) |  |  | (14,248 | )
Capital (gain) loss from merger, acquisition and related litigation expense, net |  |  | - |  |  |  | (7,749 | ) |  |  | 18 |
Expiration of carryforward tax losses |  |  | 1,032 |  |  |  | 1,367 |  |  |  | 923 |
Exempt subsidy income |  |  | (3,093 | ) |  |  | (1,497 | ) |  |  | (3,887 | )
Nondeductible expenses and other differences |  |  | 3,811 |  |  |  | 2,850 |  |  |  | (75 | )
|  | $ | 3,492 |  |  | $ | 793 |  |  | $ | (13,583 | )
(1) The Company restated previously issued consolidated financial statements. See Note 2 and Note 17 for additional information.
Schedule of Taxes on Income | f.Taxes on income (tax benefit) included in the consolidated statements of income (loss):
|  | Year ended December 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
Current |  | $ | 1,140 |  |  | $ | 808 |  |  | $ | 1,300 |
Deferred |  |  | 2,352 |  |  |  | (15 | ) |  |  | (14,883 | )
|  | $ | 3,492 |  |  | $ | 793 |  |  | $ | (13,583 | )
F - 53 GILAT SATELLITE NETWORKS LTD. AND ITS SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS U.S. dollars in thousands NOTE 12:- TAXES ON INCOME (Cont.)
|  | Year ended December 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
Domestic |  | $ | 2,719 |  |  | $ | 325 |  |  | $ | (14,472 | )
Foreign |  |  | 773 |  |  |  | 468 |  |  |  | 889 |
|  | $ | 3,492 |  |  | $ | 793 |  |  | $ | (13,583 | )
Schedule of Income (Loss) Before Taxes on Income | g.Income (loss) before taxes on income (tax benefit):
|  | Year ended December 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
|  |  |  |  | As Restated (1) |
Domestic |  | $ | (5,537 | ) |  | $ | 44,387 |  |  | $ | 12,851 |
Foreign |  |  | 5,996 |  |  |  | (8,518 | ) |  |  | 10,424 |
|  | $ | 459 |  |  | $ | 35,869 |  |  | $ | 23,275 |
(1) The Company restated previously issued consolidated financial statements. See Note 2 and Note 17 for additional information.
Reconciliation of Beginning and Ending Balances of Unrecognized Tax Benefits | A reconciliation of the beginning and ending gross amount of unrecognized tax benefits is as follows:
|  | December 31, |
|  | 2021 |  |  | 2020 |
Balance at beginning of year |  | $ | 4,477 |  |  | $ | 3,190 |
Increase (decrease) in tax positions for prior years, net |  |  | 63 |  |  |  | (72 | )
Increase in tax positions for current year |  |  | 1,330 |  |  |  | 1,359 |
Balance at the end of year *) |  | $ | 5,870 |  |  | $ | 4,477 |
*) | The amounts for the years ended December 31, 2021 and 2020 include $5,494 and $4,197, respectively, of unrecognized tax benefits which are presented as a reduction from deferred tax assets, see Note 12d.
| The unrecognized tax benefits include accrued penalties and interest of $219 and $259 as of December 31, 2021 and 2020, respectively. During the years ended December 31, 2021 and 2020, the Company recorded income of $40 and $35 on the unrecognized tax benefits, respectively.
| The total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate of the Company for the year ended December 31, 2021 is $44.
i.The Company and its subsidiaries file income tax returns in Israel and in other jurisdictions of its subsidiaries. The Company's tax assessments through 2019 are considered final. As of December 31, 2021, the tax returns of the Company and its main subsidiaries are still subject to audits by the tax authorities for the tax years 2016 through 2020.

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