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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Earnings (Loss) Per Share

The following table presents the computation of basic and diluted net EPS attributable to SolarEdge Technologies, Inc. for the periods presented:

Three months ended

June 30,

Six months ended

June 30,

2020

2019

2020

2019

 

Basic EPS:

Numerator:

Net income

$

36,668

$

32,913

$

78,916

$

50,888

Net loss attributable to Non-controlling interests

-

215

-

1,256

Net income attributable to SolarEdge Technologies, Inc.

$

36,668

$

33,128

$

78,916

$

52,144

 

Denominator:

Shares used in computing net earnings per share of common stock, basic

49,786,586

47,683,799

49,493,173

47,353,401

 

Diluted EPS:

Numerator:

Net income

$

36,668

$

32,913

$

78,916

$

50,888

Net loss attributable to Non-controlling interests

-

215

-

1,256

Undistributed earnings reallocated to non-vested

    stockholders

-

(220

)

-

(304

)

Net income attributable to SolarEdge Technologies, Inc.

$

36,668

$

32,908

$

78,916

$

51,840

 

Denominator:

Shares used in computing net earnings per share of common stock, basic

49,786,586

47,683,799

49,493,173

47,353,401

Weighted average effect of dilutive securities:

Non-vested PSU’S

-

(334,096

)

-

(289,796

)

Effect of stock-based awards

2,749,851

2,590,331

2,864,665

2,294,675

Shares used in computing net earnings per share of common stock, diluted

52,536,437

49,940,034

52,357,838

49,358,280