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Selected Statements of Income Data - Schedule of Computation of B asic and Diluted Net Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Numerator:
Net income attributable to Magic shareholders (in Dollars)	$ 36,883	$ 37,031	$ 40,470
Denominator:
Basic earnings per share - weighted average shares outstanding	49,099,305	49,095,760	49,089,044
Effect of dilutive securities		2,660	42,267
Diluted earnings per share – adjusted weighted average shares outstanding	49,099,305	49,098,420	49,131,311
Basic and diluted net earnings per share (in Dollars per share)	$ 0.75	$ 0.75	$ 0.82

X

- Definition

The weighted average number of ordinary shares outstanding plus the weighted average number of ordinary shares that would be issued on the conversion of all the dilutive potential ordinary shares into ordinary shares. [Refer: Ordinary shares [member]; Weighted average [member]]

+ References

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- Definition

The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator) divided by the weighted average number of ordinary shares outstanding during the period (the denominator).

+ References

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The profit (loss) from continuing and discontinued operations attributable to owners of the parent. [Refer: Profit (loss)]

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The number of ordinary shares outstanding at the beginning of the period, adjusted by the number of ordinary shares bought back or issued during the period multiplied by a time-weighting factor.

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