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Consolidated Statements of Income - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Software $ 30,934 $ 24,272 $ 28,084
Maintenance and technical support 36,149 33,181 30,996
Consulting services 413,242 313,741 266,550
Total revenues 480,325 371,194 325,630
Cost of revenues:      
Software 12,182 10,487 10,220
Maintenance and technical support 4,144 3,598 4,167
Consulting services 331,005 247,517 209,114
Total cost of revenues 347,331 261,602 223,501
Gross profit 132,994 109,592 102,129
Operating costs and expenses:      
Research and development, net 8,995 8,789 8,239
Selling and marketing 38,147 31,160 30,454
General and administrative 32,110 27,967 29,529
Change in valuation of contingent consideration related to acquisitions 2,507 1,088 255
Total operating costs and expenses 81,759 69,004 68,477
Operating income 51,235 40,588 33,652
Financial expenses, net (3,155) (917) (1,169)
Increase in valuation of consideration related to acquisitions (2,817) (2,268) (11)
Income before taxes on income 45,263 37,403 32,472
Taxes on income 10,359 7,286 6,874
Net income 34,904 30,117 25,598
Net income attributable to redeemable non-controlling interests 3,517 2,526 3,111
Net income attributable to non-controlling interests 2,055 2,405 2,221
Net income attributable to Magic Software Enterprises shareholders $ 29,332 $ 25,186 $ 20,266
Net earnings per share attributable to Magic Software Enterprises’ shareholders:      
Basic and Diluted earnings per share (in Dollars per share) $ 0.52 $ 0.49 $ 0.26