EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 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 September 30,					Nine months ended September 30,
	2020		2019			2020		2019
Basic EPS:
Numerator:
Net income	$	43,751	$	41,724		$	122,667	$	92,612
Net (income) loss attributable to Non-controlling  interests		-		(97	)		-		1,159
Net income attributable to SolarEdge Technologies,  Inc.	$	43,751	$	41,627		$	122,667	$	93,771
Denominator:
Shares used in computing net earnings per share of common stock, basic		50,529,691		48,195,020			49,842,399		47,637,023
Diluted EPS:
Numerator:
Net income	$	43,751	$	41,724		$	122,667	$	92,612
Notes due 2025 (1)		137		-			137		-
Net (income) loss attributable to Non-controlling  interests		-		(97	)		-		1,159
Undistributed earnings reallocated to non-vested     stockholders		-		(270	)		-		(569	)
Net income attributable to SolarEdge Technologies,  Inc.	$	43,888	$	41,357		$	122,804	$	93,202
Denominator:
Shares used in computing net earnings per share of common stock, basic		50,529,691		48,195,020			49,842,399		47,637,023
Weighted average effect of dilutive securities:
Non-vested PSUs		-		(334,096	)		-		(304,725	)
Notes due 2025 (1)		197,984		3,220,670			65,995		2,603,340
Effect of stock-based awards		2,416,513		-			2,715,281		-
Shares used in computing net earnings per share of common stock, diluted		53,144,188		51,081,594			52,623,675		49,935,638

(1) See Note 8 for additional details.