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v3.21.1

Consolidated Statements of Changes in Shareholders’ Equity - USD ($) $ in Thousands | Share capital | Additional paid-in capital | Accumulated other comprehensive income (loss) | Retained earnings | Non-controlling interests | Total
--- | --- | --- | --- | --- | --- | ---
Balance at Dec. 31, 2017 | $ 1,040 | $ 183,445 | $ 83 | $ 25,713 | $ 3,282 | $ 213,563
Balance (in Shares) at Dec. 31, 2017 | 44,488,578 |  |  |  |  |
Issue of share capital, net of issuance costs of $ 400 | $ 117 | 34,452 |  |  |  | 34,569
Issue of share capital, net of issuance costs of $ 400 (in Shares) | 4,268,293 |  |  |  |  |
Exercise of stock options | $ 2 | 309 |  |  |  | 311
Exercise of stock options (in Shares) | 104,167 |  |  |  |  |
Stock-based compensation |  | 194 |  |  |  | 194
Increase in value of put options of redeemable non-controlling interests |  |  |  | (1,726) |  | (1,726)
Dividend |  |  |  | (13,348) | (69) | (13,417)
Other comprehensive income (loss) |  |  | (6,208) |  | (310) | (6,518)
Net income |  |  |  | 19,883 | 1,510 | 21,393
Balance at Dec. 31, 2018 | $ 1,159 | 218,400 | (6,125) | 30,522 | 4,413 | 248,369
Balance (in Shares) at Dec. 31, 2018 | 48,861,038 |  |  |  |  |
Exercise of stock options | $ 2 | 173 |  |  |  | 175
Exercise of stock options (in Shares) | 78,500 |  |  |  |  |
Stock-based compensation |  | 74 |  |  |  | 74
Acquisition of redeemable non-controlling interests |  |  |  | (911) |  | (911)
Increase in value of put options of redeemable non-controlling interests |  |  |  | (6,560) |  | (6,560)
Acquisition of non-controlling interests |  |  |  |  | 359 | 359
Non-controlling interests reclassification to Redeemable non-controlling interests |  |  |  |  | 9,899 | 9,899
Dividend |  |  |  | (14,963) | (457) | (15,420)
Other comprehensive income (loss) |  |  | 5,801 |  | 424 | 6,225
Net income |  |  |  | 20,266 | 2,221 | 22,487
Balance at Dec. 31, 2019 | $ 1,161 | 218,647 | (324) | 28,354 | 16,859 | 264,697
Balance (in Shares) at Dec. 31, 2019 | 48,939,538 |  |  |  |  |
Exercise of stock options | $ 3 | 253 |  |  |  | 256
Exercise of stock options (in Shares) | 95,517 |  |  |  |  |
Acquisition of redeemable non-controlling interests |  | (5,972) |  |  |  | (5,972)
Increase in value of put options of redeemable non-controlling interests |  |  |  | (1,317) |  | (1,317)
Acquisition of non-controlling interests |  | (1,215) |  |  | (3,409) | (4,624)
Non-controlling interests reclassification to Redeemable non-controlling interests |  |  |  |  | (6,617) | (6,617)
Dividend |  |  |  | (12,503) | (931) | (13,434)
Other comprehensive income (loss) |  |  | 8,159 |  | 267 | 8,426
Net income |  |  |  | 25,186 | 2,405 | 27,591
Balance at Dec. 31, 2020 | $ 1,164 | $ 211,713 | $ 7,835 | $ 39,720 | $ 8,574 | $ 269,006
Balance (in Shares) at Dec. 31, 2020 | 49,035,055 |  |  |  |  |

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