v2.4.0.6
NET EARNINGS PER SHARE (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Numerator for basic and diluted earnings per share - net income available to Magic shareholders $ 15,880 $ 16,183 $ 15,044
Weighted average ordinary shares outstanding:      
Denominator for basic net earnings per share 36,835,163 36,502,264 36,267,739
Effect of dilutive securities 458,753 605,406 777,968
Denominator for diluted net earnings per share 37,293,916 37,107,670 37,045,707
Basic and diluted earnings per share (in dollars per share) $ 0.43 $ 0.44 $ 0.41