MARKETABLE SECURITIES (Details) (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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Available-for-sale: | ||
Amortized cost | $ 12,032us-gaap_AvailableForSaleSecuritiesAmortizedCost | $ 716us-gaap_AvailableForSaleSecuritiesAmortizedCost |
Unrealized losses | (232)us-gaap_AvailableForSaleSecuritiesGrossUnrealizedLoss | 0us-gaap_AvailableForSaleSecuritiesGrossUnrealizedLoss |
Unrealized gains | 115us-gaap_AvailableForSaleSecuritiesGrossUnrealizedGains | 138us-gaap_AvailableForSaleSecuritiesGrossUnrealizedGains |
Market value | 11,915us-gaap_AvailableForSaleSecurities | 854us-gaap_AvailableForSaleSecurities |
Equity funds [Member] | ||
Available-for-sale: | ||
Amortized cost | 116us-gaap_AvailableForSaleSecuritiesAmortizedCost / us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis = us-gaap_EquityFundsMember |
119us-gaap_AvailableForSaleSecuritiesAmortizedCost / us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis = us-gaap_EquityFundsMember |
Unrealized losses | 0us-gaap_AvailableForSaleSecuritiesGrossUnrealizedLoss / us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis = us-gaap_EquityFundsMember |
0us-gaap_AvailableForSaleSecuritiesGrossUnrealizedLoss / us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis = us-gaap_EquityFundsMember |
Unrealized gains | 115us-gaap_AvailableForSaleSecuritiesGrossUnrealizedGains / us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis = us-gaap_EquityFundsMember |
110us-gaap_AvailableForSaleSecuritiesGrossUnrealizedGains / us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis = us-gaap_EquityFundsMember |
Market value | 231us-gaap_AvailableForSaleSecurities / us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis = us-gaap_EquityFundsMember |
229us-gaap_AvailableForSaleSecurities / us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis = us-gaap_EquityFundsMember |
Government bonds [Member] | ||
Available-for-sale: | ||
Amortized cost | 11,916us-gaap_AvailableForSaleSecuritiesAmortizedCost / us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis = mgic_GovernmentBondsMember |
407us-gaap_AvailableForSaleSecuritiesAmortizedCost / us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis = mgic_GovernmentBondsMember |
Unrealized losses | (232)us-gaap_AvailableForSaleSecuritiesGrossUnrealizedLoss / us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis = mgic_GovernmentBondsMember |
0us-gaap_AvailableForSaleSecuritiesGrossUnrealizedLoss / us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis = mgic_GovernmentBondsMember |
Unrealized gains | 0us-gaap_AvailableForSaleSecuritiesGrossUnrealizedGains / us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis = mgic_GovernmentBondsMember |
3us-gaap_AvailableForSaleSecuritiesGrossUnrealizedGains / us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis = mgic_GovernmentBondsMember |
Market value | 11,684us-gaap_AvailableForSaleSecurities / us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis = mgic_GovernmentBondsMember |
410us-gaap_AvailableForSaleSecurities / us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis = mgic_GovernmentBondsMember |
Commercial bonds [Member] | ||
Available-for-sale: | ||
Amortized cost | 0us-gaap_AvailableForSaleSecuritiesAmortizedCost / us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis = mgic_CommercialBondsMember |
190us-gaap_AvailableForSaleSecuritiesAmortizedCost / us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis = mgic_CommercialBondsMember |
Unrealized losses | 0us-gaap_AvailableForSaleSecuritiesGrossUnrealizedLoss / us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis = mgic_CommercialBondsMember |
0us-gaap_AvailableForSaleSecuritiesGrossUnrealizedLoss / us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis = mgic_CommercialBondsMember |
Unrealized gains | 0us-gaap_AvailableForSaleSecuritiesGrossUnrealizedGains / us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis = mgic_CommercialBondsMember |
25us-gaap_AvailableForSaleSecuritiesGrossUnrealizedGains / us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis = mgic_CommercialBondsMember |
Market value | $ 0us-gaap_AvailableForSaleSecurities / us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis = mgic_CommercialBondsMember |
$ 215us-gaap_AvailableForSaleSecurities / us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis = mgic_CommercialBondsMember |
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- Definition
Amount of investment in debt and equity securities categorized neither as held-to-maturity nor trading. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This item represents the cost of debt and equity securities, which are categorized neither as held-to-maturity nor trading, net of adjustments including accretion, amortization, collection of cash, previous other-than-temporary impairments recognized in earnings (less any cumulative-effect adjustments recognized, as defined), and fair value hedge accounting adjustments, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of unrealized gain before deducting unrealized loss on investments in debt and equity securities classified as available-for-sale securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of unrealized loss before deducting unrealized gain on investments in available-for-sale securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Details
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- Details
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