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OTHER OPERATING EXPENSES (INCOME)
9 Months Ended
Sep. 30, 2020
Other Income and Expenses [Abstract]  
OTHER OPERATING EXPENSES (INCOME)

NOTE 12:-OTHER OPERATING EXPENSES (INCOME)

At the time of the acquisition of Kokam Co., Ltd. (“Kokam”), Kokam had an outstanding claim against it for damages. The claim was settled for an amount of $4,900, which was recognized as an expense in other operating expenses in the consolidated statement of income in the year ended December 31, 2019. In March 2020, the Company was indemnified for the full amount by a major selling shareholder of Kokam. For the nine months ended September 30, 2020, the Company recognized this as other operating income.