SIGNIFICANT ACCOUNTING POLICIES (Details Textual) (USD $)
In Thousands, except Share data, unless otherwise specified |
0 Months Ended | 12 Months Ended | ||
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Sep. 04, 2012
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Dec. 31, 2014
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Dec. 31, 2013
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Dec. 31, 2012
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Advertising Expense | $ 466us-gaap_AdvertisingExpense | $ 306us-gaap_AdvertisingExpense | $ 556us-gaap_AdvertisingExpense | |
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 35,010us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount | 536,877us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount | 669,887us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount | |
Unrecognized Tax Benefits Income (Expenses) | 735mgic_UnrecognizedTaxBenefitsIncomeExpenses | 1,285mgic_UnrecognizedTaxBenefitsIncomeExpenses | 420mgic_UnrecognizedTaxBenefitsIncomeExpenses | |
Dividend Distribution Maximum Percentage | 50.00%mgic_DividendDistributionMaximumPercentage | 50.00%mgic_DividendDistributionMaximumPercentage | 50.00%mgic_DividendDistributionMaximumPercentage | |
Allocated Share-based Compensation Expense | 1,557us-gaap_AllocatedShareBasedCompensationExpense | 325us-gaap_AllocatedShareBasedCompensationExpense | 515us-gaap_AllocatedShareBasedCompensationExpense | |
Severance Costs | 0us-gaap_SeveranceCosts1 | 0us-gaap_SeveranceCosts1 | 8us-gaap_SeveranceCosts1 | |
Defined Contribution Plan, Maximum Annual Contributions Per Employee, Percent | 100.00%us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent | |||
Defined Contribution Plan, Employer Matching Contribution, Percent of Match | 3.00%us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch | |||
Purchase Of NIS With US Dollars [Member] | ||||
Foreign Currency Derivatives Notional Amount | $ 1,736mgic_ForeignCurrencyDerivativesNotionalAmount / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = mgic_PurchaseOfNisWithUsDollarsMember |
$ 0mgic_ForeignCurrencyDerivativesNotionalAmount / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = mgic_PurchaseOfNisWithUsDollarsMember |
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Minimum [Member] | ||||
Finite-Lived Intangible Asset, Useful Life | 3 years 6 months | |||
Capitalized Computer Software Amortization Term | 4 years | |||
Maximum [Member] | ||||
Finite-Lived Intangible Asset, Useful Life | 15 years | |||
Capitalized Computer Software Amortization Term | 5 years |
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- Definition
Period over which the amount charged to expense for amortization of capitalized computer software costs. No definition available.
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- Definition
Maximum percentage of distribution of dividend in each year. No definition available.
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- Definition
Aggregate notional amount of foreign currency exchange rate derivatives. No definition available.
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- Definition
The income (expenses) of unrecognized tax benefits income. No definition available.
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- Definition
Amount charged to advertising expense for the period, which are expenses incurred with the objective of increasing revenue for a specified brand, product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Percentage employer matches of the employee's percentage contribution matched. No definition available.
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- Definition
Maximum percentage of employee gross pay the employee may contribute to a defined contribution plan. No definition available.
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- Definition
Useful life of finite-lived intangible assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
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- Definition
Amount of expenses for special or contractual termination benefits provided to current employees involuntarily terminated under a benefit arrangement associated exit or disposal activities pursuant to an authorized plan. Excludes expenses related to one-time termination benefits, a discontinued operation or an asset retirement obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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