XML 57 R36.htm IDEA: XBRL DOCUMENT
v3.24.1

TAXES ON INCOME (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Income Tax Disclosure [Abstract] |
Schedule of Deferred Income Taxes |
|  |  | December 31, |
|  |  | 2023 |  |  | 2022 |
1. | Provided in respect of the following: |  |  |  |  |  |
| Gross deferred tax assets: |  |  |  |  |  |
| Carryforward tax losses and credits *) **) |  | $ | 35,636 |  |  | $ | 42,344 |
| Property, equipment and intangibles |  |  | 29,055 |  |  |  | 26,249 |
| Inventory accrual |  |  | 1,460 |  |  |  | 1,828 |
| Vacation accrual |  |  | 686 |  |  |  | 979 |
| Supplementary tax advances |  |  | 1,274 |  |  |  | 1,002 |
| Deferred revenues |  |  | 193 |  |  |  | 367 |
| Research and development costs |  |  | 5,167 |  |  |  | 2,531 |
| Other temporary differences |  |  | 1,860 |  |  |  | 3,332 |
| Gross deferred tax assets |  |  | 75,331 |  |  |  | 78,632 |
| Valuation allowance |  |  | (56,491 | ) |  |  | (56,169 | )
| Net deferred tax assets |  |  | 18,840 |  |  |  | 22,463 |
| Gross deferred tax liabilities: |  |  |  |  |  |  |  |
| Property, equipment and intangibles |  |  | (7,042 | ) |  |  | (3,703 | )
| Other temporary differences |  |  | (314 | ) |  |  | (495 | )
| Gross deferred tax liabilities |  |  | (7,356 | ) |  |  | (4,198 | )
| Net deferred tax assets |  | $ | 11,484 |  |  | $ | 18,265 |
| *) | The amounts are presented after reduction for unrecognized tax benefits of $2,860 and $2,617 as of December 31, 2023 and 2022, 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, see Note 12c.
Schedule Of Effective Income Tax Rate Reconciliation |
|  | Year ended December 31, |
|  | 2023 |  |  | 2022 |  |  |  | 2021 |
Income before taxes on income, as reported in the consolidated statements of income (loss) |  | $ | 28,194 |  |  | $ | 7,135 |  |  | $ | 459 |
Statutory tax rate |  |  | 23.0 | % |  |  | 23.0 | % |  |  | 23.0 | %
Theoretical taxes on income |  | $ | 6,485 |  |  | $ | 1,641 |  |  | $ | 105 |
Currency differences |  |  | (1,212 | ) |  |  | 621 |  |  |  | 3,393 |
Tax adjustment in respect of different tax rates |  |  | 501 |  |  |  | (883 | ) |  |  | (968 | )
Changes in valuation allowance |  |  | 322 |  |  |  | 1,999 |  |  |  | 1,823 |
Expiration of carryforward tax losses |  |  | 2,814 |  |  |  | 1,517 |  |  |  | 1,032 |
Exempt subsidy income |  |  | (5,257 | ) |  |  | (6,758 | ) |  |  | (6,353 | )
Release of trapped earnings |  |  | - |  |  |  | 12,880 |  |  |  | - |
Nondeductible expenses and other differences |  |  | 1,037 |  |  |  | 2,046 |  |  |  | 4,460 |
|  | $ | 4,690 |  |  | $ | 13,063 |  |  | $ | 3,492 |
Schedule of Taxes on Income |
|  | Year ended December 31, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
Current |  | $ | 2,380 |  |  | $ | 14,940 |  |  | $ | 1,140 |
Deferred |  |  | 2,310 |  |  |  | (1,877 | ) |  |  | 2,352 |
|  | $ | 4,690 |  |  | $ | 13,063 |  |  | $ | 3,492 |
|  | Year ended December 31, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
Domestic |  | $ | 2,938 |  |  | $ | 12,154 |  |  | $ | 2,719 |
Foreign |  |  | 1,752 |  |  |  | 909 |  |  |  | 773 |
|  | $ | 4,690 |  |  | $ | 13,063 |  |  | $ | 3,492 |
Schedule of Income (Loss) Before Taxes on Income |
|  | Year ended December 31, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
Domestic |  | $ | 24,532 |  |  | $ | (7,523 | ) |  | $ | (5,537 | )
Foreign |  |  | 3,662 |  |  |  | 14,658 |  |  |  | 5,996 |
|  | $ | 28,194 |  |  | $ | 7,135 |  |  | $ | 459 |
Schedule Of Unrecognized Tax Benefits |
|  | December 31, |
|  | 2023 |  |  | 2022 |
Balance at beginning of year |  | $ | 2,908 |  |  | $ | 2,842 |
Increase (decrease) in tax positions for prior years, net |  |  | 212 |  |  |  | (129 | )
Increase in tax positions for current year |  |  | 277 |  |  |  | 195 |
Balance at the end of year **) |  | $ | 3,397 |  |  | $ | 2,908 |
| **) | The amounts for the years ended December 31, 2023 and 2022 include $2,860 and $2,617, respectively, of unrecognized tax benefits which are presented as a reduction from deferred tax assets, see Note 12d.

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 9 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-9 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-2 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 12 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-12 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of income before income tax between domestic and foreign jurisdictions. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(h)(1)(Note 1)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1 + Details
Name: | us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the change in unrecognized tax benefits. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 217 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482663/740-10-55-217 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-15A + Details
Name: | us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration