SIGNIFICANT ACCOUNTING POLICIES (Details 5) (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | ||
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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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Derivatives not designated as hedging: | |||
Total derivatives | $ 24us-gaap_DerivativeGainLossOnDerivativeNet | $ 139us-gaap_DerivativeGainLossOnDerivativeNet | $ 245us-gaap_DerivativeGainLossOnDerivativeNet |
Financial Expenses [Member] | |||
Derivatives not designated as hedging: | |||
Foreign exchange forward contracts | $ 24us-gaap_GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments / us-gaap_IncomeStatementLocationAxis = mgic_FinancialExpensesMember |
$ 139us-gaap_GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments / us-gaap_IncomeStatementLocationAxis = mgic_FinancialExpensesMember |
$ 245us-gaap_GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments / us-gaap_IncomeStatementLocationAxis = mgic_FinancialExpensesMember |
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- Definition
Amount of increase (decrease) in the fair value of derivatives recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of gain (loss) recognized in earnings in the period from the increase (decrease) in fair value of foreign currency derivatives not designated as hedging instruments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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