XML 54 R39.htm IDEA: XBRL DOCUMENT
v3.21.1

Goodwill (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Goodwill (Tables) [Line Items] |
Summary of changes in the carrying amount of goodwill |
|  | IT professional services |  |  | Software services |  |  | Total |
As of January 1, 2019 |  | $ | 46,691 |  |  | $ | 48,315 |  |  | $ | 95,006 |
Business combination |  |  | 12,691 |  |  |  | 3,382 |  |  |  | 16,073 |
Measurement period adjustments |  |  | (785 | ) |  |  | 3,762 |  |  |  | 2,977 |
Foreign currency translation adjustments |  |  | 1,749 |  |  |  | 1,938 |  |  |  | 3,687 |
As of December 31, 2019 |  | $ | 60,346 |  |  | $ | 57,397 |  |  | $ | 117,743 |
Business combination |  |  | 5,832 |  |  |  | 5,718 |  |  |  | 11,550 |
Measurement period adjustments |  |  | 1,443 |  |  |  | 618 |  |  |  | 2,061 |
Foreign currency translation adjustments |  |  | 1,725 |  |  |  | 2,603 |  |  |  | 4,328 |
As of December 31, 2020 |  | $ | 69,346 |  |  | $ | 66,336 |  |  | $ | 135,682 |

X
- References No definition available. + Details
Name: | mgic_GoodwillTablesLineItems
Namespace Prefix: | mgic_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration