XML 29 R20.htm IDEA: XBRL DOCUMENT v3.10.0.1

Marketable Securities (Tables)

6 Months Ended

Jun. 30, 2018

Investments, Debt and Equity Securities [Abstract]

Summary of marketable securities

			June 30,				December 31,
			2018				2017
	Fair value through profit or loss (1)		$	1,166			$	1,209
	Available-for-sale			10,753				12,929
			$	11,919			$	14,138

(1) The Group recognized trading gains in the amount of $21 and $0 during the six months period ended June 30, 2018 and 2017, respectively.

Summary of marketable securities classified as available-for-sale

			June 30,																December 31,
			2018																2017
			Amortized cost				Unrealized losses				Unrealized gains				Market value				Amortized cost				Unrealized losses				Unrealized gains				Market value
	Available-for-sale:
	Corporate bonds		$	10,905			$	(152	)		$	-			$	10,753			$	12,987			$	(58	)		$	-			$	12,929
	Total available-for-sale marketable securities		$	10,905			$	(152	)		$	-			$	10,753			$	12,987			$	(58	)		$	-			$	12,929

Schedule of marketable securities with contractual maturities

			Amortized				Unrealized gains (losses)								Market
			cost				Gains				Losses				value
	Due within one year		$	4,513			$	-			$	(34	)		$	4,479
	Due after one year through three years		$	6,392			$	-			$	(118	)		$	6,274
	Total		$	10,905			$	-			$	(152	)		$	10,753

Schedule of changes in other comprehensive income of available for sale securities

The following is the change in the other comprehensive income of available-for-sale securities during the six months ended June 30, 2018:

			Other comprehensive income (loss)
	Other comprehensive income from available-for-sale securities as of January 1, 2018		$	(57	)
	Losses reclassified into earnings from marketable securities			-
	Unrealized losses from available-for-sale securities			(95	)
	Other comprehensive income from available-for-sale securities as of June 30, 2018		$	(152	)

The following is the change in the other comprehensive income of available-for-sale securities during the six months ended June 30, 2017:

			Other comprehensive income (loss)
	Other comprehensive income from available-for-sale securities as of January 1, 2017		$	40
	Gains reclassified into earnings from marketable securities			(106	)
	Unrealized losses from available-for-sale securities			45
	Other comprehensive loss from available-for-sale securities as of June 30, 2017		$	(21	)

X

- Definition

Tabular disclosure of other comprehensive income of available for sale securities.

+ References

No definition available.

+ Details

Name:	MGIC_ScheduleOfChangesInOtherComprehensiveIncomeOfAvailableForSaleSecuritiesTableTextBlock
Namespace Prefix:	MGIC_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments.

+ References

No definition available.

+ Details

Name:	us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of marketable securities. This may consist of investments in certain debt and equity securities, short-term investments and other assets.

+ References

No definition available.

+ Details

Name:	us-gaap_MarketableSecuritiesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation of available-for-sale securities from cost basis to fair value.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration