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NET EARNINGS PER SHARE
 12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
NOTE 17:-
NET EARNINGS PER SHARE
 
The following table sets forth the computation of basic and diluted net earnings per share:
 
 
 
Year ended December 31,
 
 
 
2013
 
2014
 
2015
 
 
 
 
 
 
 
 
 
Numerator for basic and diluted earnings per share - net income available to Magic shareholders
 
$
15,880
 
$
15,520
 
$
16,198
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average ordinary shares outstanding:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator for basic net earnings per share
 
 
36,835,163
 
 
43,287,523
 
 
44,247,556
 
Effect of dilutive securities
 
 
458,753
 
 
17,291
 
 
204,510
 
 
 
 
 
 
 
 
 
 
 
 
Denominator for diluted net earnings per share
 
 
37,293,916
 
 
43,304,814
 
 
44,452,066
 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings per share
 
$
0.43
 
$
0.36
 
$
0.37
 
 
 
 
 
 
 
 
 
 
 
 
Diluted earnings per share
 
$
0.43
 
$
0.36
 
$
0.36