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Selected Statements of Income Data (Tables)
 12 Months Ended
Dec. 31, 2023
Selected Statements of Income Data [Abstract]  
Schedule of Research and Development Costs, Net Research and development costs, net:
   Year ended December 31, 
   2021   2022   2023 
Total costs  $12,188   $13,149   $13,511 
Less - capitalized software costs   (3,193)   (3,059)   (3,183)
                
Research and development, net  $8,995   $10,090   $10,328 
Schedule of Selling and Marketing Expenses Selling and marketing expenses:
   Year ended December 31, 
   2021   2022   2023 
Salary and related expenses  $26,100   $33,474   $31,188 
Advertising expenses   2,522    2,676    2,802 
Cost of share-based payment   956    (56)   (225)
Others   8,569    10,763    10,735 
Total selling and marketing expenses  $38,147   $46,857   $44,500 

 
Schedule of General and Administrative Expenses General and administrative expenses:
   Year ended December 31, 
   2021   2022   2023 
Salary and related expenses   24,072   $21,492   $27,425 
Subcontractors   3,842    5,335    4,726 
Cost of share-based payment   
-
    2,135    4,023 
Others   3,308    8,590    4,637 
Total general and administrative expenses   31,222   $37,552   $40,811 
Schedule of Financial Income and Expenses The following table provides detailed breakdown of the Company’s financial income and expenses:
   Year ended December 31, 
   2021   2022   2023 
Financial expenses:            
             
Interest expenses on loans and borrowings   615    1,743    5,039 
Interest expenses attributed to leases   719    691    964 
Bank charges, negative foreign exchange differences and other financial expenses   2,468    2,559    3,224 
    3,802    4,993    9,227 
Financial income:               
Interest income attributed to bank deposits   36    305    1,166 
Interest income from deposits, positive foreign exchange differences and other financial income   77    1,087    3,735 
    113    1,392    4,901 
                
Financial expenses, net  $3,689   $3,601   $4,326 

 
Schedule of Computation of B asic and Diluted Net Earnings Per Share The following table presents the computation of basic and diluted net earnings per share for the Company:
   Year ended December 31, 
   2021   2022   2023 
Numerator:            
Net income attributable to Magic shareholders  $29,767   $40,470   $37,031 
Denominator:               
Basic earnings per share - weighted average shares outstanding   49,055,082    49,089,044    49,095,760 
Effect of dilutive securities   44,972    42,267    2,660 
Diluted earnings per share – adjusted weighted average shares outstanding   49,100,054    49,131,311    49,098,420 
Basic and diluted net earnings per share   0.61    0.82    0.75