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Long Term Debt (Tables)

12 Months Ended

Dec. 31, 2021

Long Term Debt [Abstract]

Schedule of long term debt

		Linkage		Interest			December 31,
		basis		rate			2021				2020
				%
Loans from banks and other (1)		NIS		1.7% – 5%			$	17,475			$	23,534
Bank loan (2)		USD		LIBOR + 2.1%				15,000				-
Other long term debt		JPY		1.9%				68				88
							$	32,543			$	23,622
Current maturities		NIS, USD						(12,388	)			(10,270	)
							$	20,155			$	13,352

(1) This is mainly comprised of a bank loan obtained by the Company on November 2016 in the amount of $ 31,356. The loan is linked to the New Israel Shekel, and was obtained from an Israeli financial institution. The principal amount of the loan is payable in seven equal annual installments with the final payment due on November 2, 2023 and bears a fixed interest rate of 2.60% per annum, payable in two semi-annual payments.

(2) On June 1, 2021, the Company obtained a loan in the amount of $ 15,000 from an Israeli bank. The principal amount of the loan is payable in eight equal annual installments with the final payment due on December 1, 2025 and bears a fixed interest rate of LIBOR + 2.1% per annum, payable in two semi-annual payments.

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- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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