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Net Earnings Per Share | 12 Months Ended
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Dec. 31, 2020
Earnings Per Share [Abstract] |
NET EARNINGS PER SHARE |
NOTE 17:- | NET EARNINGS PER SHARE
The following table sets forth the computation of basic and diluted net earnings per share:
|  | Year ended December 31, |
|  | 2020 |  |  | 2019 |  |  | 2018 |
Net income attributable to Magic shareholders |  | $ | 25,186 |  |  | $ | 20,266 |  |  | $ | 19,883 |
Accretion of redeemable non-controlling interests |  | $ | (1,317 | ) |  | $ | (7,471 | ) |  | $ | (1,726 | )
Net income attributable to Magic shareholders after accretion of redeemable non-controlling interests |  | $ | 23,869 |  |  | $ | 12,795 |  |  | $ | 18,157 |
Weighted average Ordinary shares outstanding: |  |  |  |  |  |  |  |  |  |  |  |
Denominator for basic net earnings per share |  |  | 49,028,975 |  |  |  | 48,896,163 |  |  |  | 46,665,042 |
Effect of dilutive securities |  |  | 18,682 |  |  |  | 97,920 |  |  |  | 131,648 |
Denominator for diluted net earnings per share |  |  | 49,047,657 |  |  |  | 48,994,083 |  |  |  | 46,796,690 |
Basic and Diluted earnings per share |  | $ | 0.49 |  |  | $ | 0.26 |  |  | $ | 0.39 |

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