v2.4.1.9
NET EARNINGS PER SHARE (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Earnings Per Share [Line Items]      
Numerator for basic and diluted earnings per share - net income available to Magic shareholders $ 15,520us-gaap_NetIncomeLoss $ 15,880us-gaap_NetIncomeLoss $ 16,183us-gaap_NetIncomeLoss
Weighted average ordinary shares outstanding:      
Denominator for basic net earnings per share 43,287,523us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 36,835,163us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 36,502,264us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Effect of dilutive securities 17,291us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment 458,753us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment 605,406us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment
Denominator for diluted net earnings per share 43,304,814us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 37,293,916us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 37,107,670us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Basic and diluted earnings per share (in dollars per share) $ 0.36us-gaap_EarningsPerShareBasicAndDiluted $ 0.43us-gaap_EarningsPerShareBasicAndDiluted $ 0.44us-gaap_EarningsPerShareBasicAndDiluted