XML 64 R49.htm IDEA: XBRL DOCUMENT v3.21.1

Leases (Tables)

12 Months Ended

Dec. 31, 2020

Leases (Tables) [Line Items]

Schedule of weighted average remaining lease terms and discount rates

		December 31,
		2020
Weighted average remaining lease term (years)			5.06
Weighted average discount rate			2.45	%

Schedule of maturities of lease liabilities

2021		$	4,642
2022			3,449
2023			2,520
2024			2,076
2025			1,744
2026 and thereafter			13,764
Total undiscounted cash flows		$	28,195
Less imputed interest			(3,686	)
Present value of lease liabilities		$	24,509

X

- References

No definition available.

+ Details

Name:	mgic_LeasesTablesLineItems
Namespace Prefix:	mgic_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

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

X

- Definition

Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 840
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=121573735&loc=d3e41502-112717

+ Details

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