v2.4.0.6
NET EARNINGS PER SHARE
12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
NOTE 16:-
NET EARNINGS PER SHARE
 
The following table sets forth the computation of basic and diluted net earnings per share:
 
 
Year ended December 31,
 
 
2011
 
2012
 
2013
 
 
 
 
 
 
 
 
 
 
 
Numerator for basic and diluted earnings per share - net income available to Magic shareholders
$
15,044
 
$
16,183
 
$
15,880
 
 
 
 
 
 
 
 
 
 
 
Weighted average ordinary shares outstanding:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator for basic net earnings per share
 
36,267,739
 
 
36,502,264
 
 
36,835,163
 
Effect of dilutive securities
 
777,968
 
 
605,406
 
 
458,753
 
 
 
 
 
 
 
 
 
 
 
Denominator for diluted net earnings per share
 
37,045,707
 
 
37,107,670
 
 
37,293,916
 
 
 
 
 
 
 
 
 
 
 
Basic and diluted earnings per share
$
0.41
 
$
0.44
 
$
0.43