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BUSINESS COMBINATION (Tables)
12 Months Ended
Dec. 31, 2018
Business Combinations [Abstract]  
Schedule of Preliminary Estimated Components and Allocations of Combined Purchase Prices
The following table summarizes the preliminary estimated allocations of the purchase prices for the business combinations completed during the year ended December 31, 2018:

   
Kokam
   
Gamatronic
   
Total
 
                   
Components of Purchase Price:
                 
                   
Cash
 
$
87,004
   
$
12,322
   
$
99,326
 
Less cash acquired
   
(4,477
)
   
(112
)
   
(4,589
)
Earn-out provision
   
-
     
860
     
860
 
Total purchase price
 
$
82,527
   
$
13,070
   
$
95,597
 
                         
Allocation of Purchase Price:
                       
                         
Net tangible assets (liabilities):
                       
Trade receivables, net
 
$
4,113
   
$
220
   
$
4,333
 
Prepaid expenses and other current assets
   
1,390
     
23
     
1,413
 
Inventories
   
30,633
     
6,351
     
36,984
 
Property, plant and equipment, net
   
41,079
     
857
     
41,936
 
Other non-current assets
   
3,568
     
-
     
3,568
 
Trade payables
   
(5,956
)
   
(110
)
   
(6,066
)
Employees and payroll accruals
   
(2,046
)
   
-
     
(2,046
)
Accrued expenses and other current liabilities
   
(6,426
)
   
(43
)
   
(6,469
)
Loans
   
(23,670
)
   
-
     
(23,670
)
Warranty obligations
   
(1,059
)
   
(61
)
   
(1,120
)
Deferred tax liabilities, net
   
(2,271
)
   
-
     
(2,271
)
Other non-current liabilities
   
(1,399
)
   
-
     
(1,399
)
Total net tangible assets
 
$
37,956
   
$
7,237
   
$
45,193
 
                         
Identifiable intangible assets (1):
                       
Technology
 
$
28,389
   
$
2,048
   
$
30,437
 
Customer relationships
   
3,007
     
810
     
3,817
 
Backlog
   
-
     
193
     
193
 
Tradename
   
3,671
     
-
     
3,671
 
Total identifiable intangible assets acquired
 
$
35,067
   
$
3,051
   
$
38,118
 
Goodwill (2)
 
$
31,663
   
$
2,782
   
$
34,445
 
                         
 Non-controlling interests
 
$
(22,159
)
   
-
   
$
(22,159
)
                         
Total purchase price allocation
 
$
82,527
   
$
13,070
   
$
95,597
 

(1)
Gamatronic's definite-lived intangible assets include current technology of $2,048 (7 years weighted-average useful life), customer relationships of $810 (7 years weighted-average useful life) and backlog of $193 (2 months weighted-average useful life.
 
Kokam definite-lived intangible assets include technology of $28,389 (8 years weighted-average useful life), customer relationships of $3,007 (13 years useful life), and tradename of $3,671 (9 years weighted-average useful life).
 
(2)
The goodwill resulted from the Gamatronic Acquisition is attributable primarily to acquired technology, expected synergies and the assembled workforce from Gamatronic. The goodwill is expected to be deductible for income tax purposes over a period of 10 years.
Schedule of Pro-forma Consolidated Income Statements
The following represents the pro-forma (unaudited) consolidated statements of operations as if both acquisitions had been included in the consolidated results of the Company for the years ended December 31, 2018 and 2017:
 
   
Year ended December 31,
 
   
2018
   
2017
 
   
Unaudited
 
             
Revenue
 
$
976,827
   
$
671,570
 
Net income
 
$
115,074
   
$
66,011