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SELECTED STATEMENTS OF INCOME DATA
12 Months Ended
Dec. 31, 2018
Income Statement Related Disclosures [Abstract]  
SELECTED STATEMENTS OF INCOME DATA
NOTE 16:-
SELECTED STATEMENTS OF INCOME DATA

a.
Research and development, net:
 
   
Year ended
December 31,
 
   
2018
   
2017
   
2016
 
                   
Total costs
 
$
218,226
   
$
211,406
   
$
151,698
 
Less - grants and participations
   
(2,171
)
   
(2,363
)
   
(1,668
)
Less - capitalization of software development costs
   
(32,225
)
   
(27,936
)
   
(8,502
)
                         
   
$
183,830
   
$
181,107
   
$
141,528
 

b.
Financial income (expenses) and other, net:
 
   
Year ended
December 31,
 
   
2018
   
2017
   
2016
 
Financial income:
                 
Interest and amortization/accretion of premium/discount on marketable securities, net
 
$
7,521
   
$
2,537
   
$
5,607
 
Exchange rates differences
   
-
     
241
     
3,961
 
Realized gain on marketable securities
   
-
     
-
     
3,388
 
Interest
   
3,778
     
1,149
     
953
 
                         
     
11,299
     
3,927
     
13,909
 
Financial expenses:
                       
Interest
   
(11,204
)
   
(9,580
)
   
(1,861
)
Debt issuance costs amortization
   
(1,813
)
   
(6,943
)
   
(338
)
Exchangeable Senior Notes amortization of discount
   
(6,855
)
   
(6,278
)
   
-
 
Exchange rates differences
   
(430
)
   
-
     
-
 
Other
   
(1,936
)
   
(1,518
)
   
(925
)
                         
     
(22,238
)
   
(24,319
)
   
(3,124
)
                         
Other expenses, net
   
38
     
(19
)
   
(480
)
                         
   
$
(10,901
)
 
$
(20,411
)
 
$
10,305
 


c.
Net earnings per share:

The following table sets forth the computation of basic and diluted net earnings per share:

1.
Numerator:
 
   
Year ended
December 31,
 
   
2018
   
2017
   
2016
 
                   
Net income from continuing operations available to ordinary shareholders
 
$
159,338
   
$
143,291
   
$
123,069
 
Net income from discontinued operations available to ordinary shareholders
   
-
     
-
     
(6,149
)
                         
Net income to ordinary shareholders
 
$
159,338
   
$
143,291
   
$
116,920
 

2.
Denominator (in thousands):
 
                   
Denominator for basic net earnings per share:
                 
Weighted average number of shares
   
61,387
     
60,444
     
59,667
 
Effect of dilutive securities:
                       
Add - employee stock options and RSU
   
1,785
     
1,675
     
1,368
 
Warrants issued in the exchangeable notes transaction
   
137
     
-
     
-
 
                         
Denominator for diluted net earnings per share - adjusted weighted average shares
 
$
63,309
   
$
62,119
   
$
61,035