XML 27 R12.htm IDEA: XBRL DOCUMENT v3.22.4
PROPERTY AND EQUIPMENT, NET
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET
NOTE 4:-
PROPERTY AND EQUIPMENT, NET
 
  a.
Property and equipment, net consists of the following:
 
   
December 31,
 
   
2022
   
2021
 
Cost:
           
             
Buildings and land
 
$
83,436
   
$
82,898
 
Computers, software and electronic equipment
   
59,047
     
49,822
 
Network equipment
   
35,749
     
31,604
 
Office furniture and equipment
   
3,911
     
3,573
 
Vehicles
   
266
     
235
 
Leasehold improvements
   
2,525
     
2,405
 
                 
     
184,934
     
170,537
 
Accumulated depreciation
   
108,356
     
98,146
 
                 
Depreciated cost
 
$
76,578
   
$
72,391
 
 
The Company recorded a reduction of $622, $10,349 and $60 to the cost and accumulated depreciation of fully depreciated property and equipment that are no longer in use for the years ended December 31, 2022, 2021 and 2020, respectively.
 
  b.
Depreciation expenses amounted to $11,277, $10,549 and $9,850 for the years ended December 31, 2022, 2021 and 2020, respectively.
 
  c.
The Company leases part of its buildings as office spaces to others. The gross income generated from such leases amounted to approximately $5,448, $5,552 and $5,579 for the years ended December 31, 2022, 2021 and 2020, respectively. These amounts do not include the corresponding offsetting expenses related to this income.
 
  d.
During the year ended December 31, 2021, a property of the Company in Germany was classified as held for sale. During the year ended December 31, 2022, the Company entered into an agreement for sale of the property, subject to fulfillment of certain conditions. During the year ended December 31, 2022, position in the property was transferred to the buyer and the registration of title is awaiting completion of certain requirements by the local registrar. The Company determined that control over the asset has been transferred to the buyer as of December 31, 2022, and therefore, the property was derecognized from the consolidated balance sheets.
 
The Company recognized impairments of $771 and $651 in the consolidated statements of income (loss) for the years ended December 31, 2022 and 2021, respectively.