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TAXES ON INCOME - Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Tax Disclosure [Abstract]      
Income before taxes on income, as reported in the consolidated statements of income $ 457,700 $ 345,332 $ 240,619
Statutory tax rate in Israel 23.00% 23.00% 23.00%
Preferred Enterprise / Preferred Technology Enterprise benefits (6.80%) (3.30%) (2.20%)
Changes in valuation allowance 1.60% 0.50% 1.00%
Earnings taxed under foreign law (0.90%) 0.70% 0.20%
Tax settlements and prior years adjustments 4.40% 0.40% (1.80%)
Intangible assets transfer 0.00% 0.00% (1.70%)
Other 4.70% 1.70% (1.30%)
Effective tax rate 26.10% 23.00% 17.20%