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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues (Note 18):      
Software $ 21,598 $ 25,351 $ 23,254
Maintenance and technical support 22,908 22,780 22,685
Consulting services 131,524 116,173 99,019
Total revenues 176,030 164,304 144,958
Cost of revenues:      
Software 7,836 7,646 6,648
Maintenance and technical support 2,466 2,921 2,949
Consulting services 102,919 89,160 76,296
Total cost of revenues 113,221 99,727 85,893
Gross profit 62,809 64,577 59,065
Operating costs and expenses:      
Research and development, net (Note 15a) 4,888 4,750 3,706
Selling and marketing 23,062 24,580 23,066
General and administrative 13,425 14,521 13,166
Total operating costs and expenses 41,375 43,851 39,938
Operating income 21,434 20,726 19,127
Financial expense, net (Note 15b) (685) (1,786) (684)
Other income (expense), net 8 (67) (12)
Income before taxes on income 20,757 18,873 18,431
Taxes on income (Note 12) 3,681 2,307 1,575
Net income 17,076 16,566 16,856
Net income attributable to redeemable non-controlling interests 639 425 546
Net income attributable to non-controlling interests 239 621 430
Net income attributable to Magic Software Enterprises Shareholders $ 16,198 $ 15,520 $ 15,880
Net earnings per share attributable to Magic Software Enterprises' shareholders (Note 17):      
Basic earnings per share $ 0.37 $ 0.36 $ 0.43
Diluted earnings per share $ 0.36 $ 0.36 $ 0.43