XML 17 R32.htm IDEA: XBRL DOCUMENT v3.20.1

Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2019

Accounting Policies [Abstract]

Schedule of reconciliation of the redeemable non-controlling interests

January 1, 2019		$	27,235
Net income attributable to redeemable non-controlling interest			3,111
Increase in value of put options of redeemable non-controlling interests			7,471
Dividend declared to redeemable non-controlling interest			(3,395	)
Acquisition of redeemable non-controlling interests			(4,604	)
Foreign currency translation adjustments			1,996
Redeemable non-controlling interest reclassification to non-controlling interest			(9,899	)
December 31, 2019		$	21,915

Schedule of property and equipment, net

		Years
Computers and peripheral equipment		3 - 5
Office furniture and equipment		7 - 15 (mainly 7)
Motor vehicles		7
Software		3 – 5 (mainly 5)

Schedule of stock-based compensation expense related to employee stock options

		Year ended December 31,
		2019				2018				2017
Cost of revenues		$	-			$	2			$	7
Research and development, net			-				4				8
Selling and marketing			74				4				-
General and administrative			-				184				63
Total stock-based compensation expense		$	74			$	194			$	78

X

- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

No definition available.

+ Details

Name:	mgic_ScheduleOfAnnualRatesOfDepreciationTableTextBlock
Namespace Prefix:	mgic_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

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

X

- Definition

Tabular disclosure of redeemable noncontrolling interest (as defined) included in the statement of financial position as either a liability or temporary equity. As of the date of the statement of financial position, such redeemable noncontrolling interest is currently redeemable, as defined, for cash or other assets of the entity at (1) at a fixed or determinable price on a fixed or determinable date, (2) at the option of the holder of the noncontrolling interest, or (3) upon occurrence of an event that is not solely within the control of the entity.

+ References

No definition available.

+ Details

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

X

- Definition

Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for stock options and stock appreciation rights that were outstanding at the beginning and end of the year, exercisable at the end of the year, and the number of stock options and stock appreciation rights that were granted, exercised or converted, forfeited, and expired during the year.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

+ Details

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