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Basic and Diluted Net Earnings Per Share
 12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
BASIC AND DILUTED NET EARNINGS PER SHARE

NOTE 16:- BASIC AND DILUTED NET EARNINGS PER SHARE

 

  

Year ended December 31,

 
   2022   2021   2020 
Numerator (thousands):            
             
Net income attributed to Sapiens’ shareholders  $52,595   $47,171   $33,775 
                
Denominator:               
                
Denominator for basic earnings per share - weighted average number of common shares, net of treasury stock   55,116,832    54,785,243    51,208,319 
Stock options and RSU   453,661    805,058    950,958 
                
Denominator for diluted net earnings per share - adjusted weighted average number of shares   55,570,493    55,590,301    52,159,277 

 

The weighted average number of shares related to outstanding anti-dilutive options excluded from the calculations of diluted net earnings per share was 1,275,275, 804,438 and 200,000 for the years 2022, 2021 and 2020, respectively.