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NET EARNINGS PER SHARE
 12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
NOTE 18:-
NET EARNINGS PER SHARE
 
The following table sets forth the computation of basic and diluted net earnings per share:
 
 
 
Year ended December 31,
 
 
 
2014
 
2015
 
2016
 
 
 
 
 
 
 
 
 
Numerator for basic and diluted earnings per share - net income available to Magic shareholders
 
$
15,520
 
$
16,198
 
$
11,907
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average Ordinary shares outstanding:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator for basic net earnings per share
 
 
43,287,523
 
 
44,247,556
 
 
44,347,083
 
Effect of dilutive securities
 
 
17,291
 
 
204,510
 
 
168,953
 
 
 
 
 
 
 
 
 
 
 
 
Denominator for diluted net earnings per share
 
 
43,304,814
 
 
44,452,066
 
 
44,516,036
 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings per share
 
$
0.36
 
$
0.37
 
$
0.27
 
 
 
 
 
 
 
 
 
 
 
 
Diluted earnings per share
 
$
0.36
 
$
0.36
 
$
0.27