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Consolidated Statements of Profit or Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues:      
Proprietary software products and related services $ 659,470 $ 632,986 $ 509,109
Software services and other 1,912,887 1,771,390 1,424,809
Total revenues 2,572,357 2,404,376 1,933,918
Cost of revenues:      
Proprietary software products and related services 344,374 350,788 284,325
Software services and other 1,605,518 1,489,729 1,202,160
Total cost of revenues 1,949,892 1,840,517 1,486,485
Gross profit 622,465 563,859 447,433
Research and development expenses, net 72,129 65,858 52,604
Selling, marketing, general and administrative expenses 317,956 289,985 224,188
Capital gain from realization of a Matrix IT’s subsidiary 44,260
Operating income 276,640 208,016 170,641
Financial expenses 27,216 29,994 29,444
Financial income 7,286 5,989 2,559
Pre-tax income before share of profits of companies accounted for at equity, net 256,710 184,011 143,756
Share of profits (loss) of companies accounted for at equity, net (1,808) 505 1,535
Taxes on income 55,235 42,614 31,269
Net income 199,667 141,902 114,022
Attributable to:      
Equity holders of the Company 81,393 54,585 46,776
Non-controlling interests 118,274 87,317 67,246
Net income $ 199,667 $ 141,902 $ 114,022
Net earnings per share attributable to equity holders of The Company      
Basic earnings per share (in Dollars per share) $ 5.31 $ 3.57 $ 3.05
Diluted earnings per share (in Dollars per share) $ 5.21 $ 3.5 $ 3.01