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v3.19.1

Revenue Recognition (Details 1) - USD ($) $ / shares in Units, $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016
Revenue | $ 284,375 |  |
Taxes on income | 7,071 | $ 6,331 | $ 3,949
Net income | 24,776 | 17,914 | 16,708
Net income attributable to Magic Software Enterprises' shareholders | $ 19,883 | $ 15,442 | $ 14,169
Basic and diluted earnings per share | $ 0.39 | $ 0.35 | $ 0.27
Trade receivables (net of allowance for doubtful accounts) | $ 90,274 | $ 82,051 |
Other accounts receivable and prepaid expenses | 7,029 | 8,643 |
Other long-term receivables | 6,363 | 2,015 |
Accrued expenses and other accounts payable | 24,458 | 27,789 |
Total equity attributable to Magic Software Enterprises' shareholders | 243,956 | $ 210,281 |
Before adoption ASC 606 [Member] |  |  |
Revenue | 282,263 |  |
Taxes on income | 6,809 |  |
Net income | 22,926 |  |
Net income attributable to Magic Software Enterprises' shareholders | $ 18,033 |  |
Basic and diluted earnings per share | $ 0.35 |  |
Trade receivables (net of allowance for doubtful accounts) | $ 87,853 |  |
Other accounts receivable and prepaid expenses | 8,984 |  |
Other long-term receivables | 4,717 |  |
Accrued expenses and other accounts payable | 24,196 |  |
Total equity attributable to Magic Software Enterprises' shareholders | 242,106 |  |
Effect of change higher/(lower) [Member] |  |  |
Revenue | 2,112 |  |
Taxes on income | 262 |  |
Net income | 1,850 |  |
Net income attributable to Magic Software Enterprises' shareholders | $ 1,850 |  |
Basic and diluted earnings per share | $ 0.04 |  |
Trade receivables (net of allowance for doubtful accounts) | $ 2,421 |  |
Other accounts receivable and prepaid expenses | (1,955) |  |
Other long-term receivables | 1,646 |  |
Accrued expenses and other accounts payable | 262 |  |
Total equity attributable to Magic Software Enterprises' shareholders | $ 1,850 |  |

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