SELECTED SUPPLEMENTARY STATEMENTS OF INCOME DATA

12 Months Ended

Dec. 31, 2013

SELECTED SUPPLEMENTARY STATEMENTS OF INCOME DATA [Abstract]

SELECTED SUPPLEMENTARY STATEMENTS OF INCOME DATA

NOTE 16: SELECTED SUPPLEMENTARY STATEMENTS OF INCOME DATA

a. Finance expense, net:

	Year ended December 31,
	2013		2012		2011
Financial expenses:
Interest in respect of long-term loans	$	53	$	461	$	1,049
Interest in respect of short-term loans and bank fees		1,565		1,187		620
Interest in respect of loans to related parties		729		299		106
Changes in derivatives fair value		-		1,169		3,823
Foreign exchange transactions losses		6,107		177		-
		8,454		3,293		5,598
Financial income:
Changes in derivatives fair value		6,485		-		-
Income interest from loans to others		-		-		68
Income in respect of cash and cash equivalent and short-term bank deposits		655		520		218
Foreign exchange transactions gains		-		-		537
		7,140		520		823
Financial expenses, net	$	1,314	$	2,773	$	4,775

b. Net earnings per share:

The following table sets forth the computation of basic and diluted net earnings per share:

Numerator:

	Year ended December 31,
	2013		2012		2011
Net income attributable to controlling interest, as reported	$	63,344	$	39,632	$	29,052
Deduct:
Dividend attributable to preferred shareholders		-		-		8,376
Numerator for basic and diluted net income per share	$	63,344	$	39,632	$	20,676

Denominator:

	Year ended December 31,
	2013		2012		2011
Denominator for basic income per share		34,666,514		32,641,701		19,565,000
Effect of dilutive stock options granted		543,432		58,047		-
Denominator for diluted income per share		35,209,946		32,699,748		19,565,000

EPS:

	Year ended December 31,
	2013		2012		2011
Basic earnings per share	$	1.83	$	1.21	$	1.06
Diluted earnings per share	$	1.80	$	1.21	$	1.06