Selected Statement of Operations Data (Tables)

12 Months Ended

Dec. 31, 2017

Financial data relating to reportable segments:


	Production Solutions for the Electronics Industry			Solar Energy			Recognition Software		Adjustments to consolidation			Total
	$ in thousands
Year ended December 31, 2017:
Revenues from unaffiliated customers:
Sales of products		664,659			157			9,650					674,466
Service rendered		218,900			1,431			6,059					226,390

Total revenues		883,559			1,588			15,709					900,856

Operating income (loss)		*141,784			(4,132	)		1,453		(1,595	)		137,510

Assets (at end of year)		1,231,093			2,912			15,831		54,068			1,303,904

Expenditures for segment assets		23,887			324			148		86			24,445

Depreciation and amortization		44,146			250			106		41			44,543

Release of AMST earn out payment obligation		(1,471	)										(1,471	)

Year ended December 31, 2016:
Revenues from unaffiliated customers:
Sales of products		577,211			3,176			8,009					588,396
Service rendered		209,119			2,617			6,270					218,006

Total revenues		786,330			5,793			14,279					806,402

Operating income (loss)		*119,006			(2,424	)		363					116,945

Assets (at end of year)		1,060,299			6,732			11,668		24,204			1,102,903

Expenditures for segment assets		23,379						171					23,550

Depreciation and amortization		44,573						183					44,756

Year ended December 31, 2015:
Revenues from unaffiliated customers:
Sales of products		515,550			13,894			7,926					537,370
Service rendered		207,131			1,683			6,333					215,147

Total revenues		722,681			15,577			14,259					752,517

Operating income (loss)		*92,988			(465	)		2,181					94,704

Assets (at end of year)		998,897			7,290			11,402		24,289			1,041,878

Expenditures for segment assets		19,293						55					19,348

Depreciation and amortization		45,129						153					45,282

*	Including share in net income of Frontline.

Following is a reconciliation of the operating income of the reportable segments to the data included in the statements of operations:


	Year ended December 31
	2017		2016		2015
	$ in thousands
Operating income
Total operating income of reportable segments		137,510		116,945		94,704
Financial expenses - net		5,535		21,042		23,585

Income before taxes on income		131,975		95,903		71,119

(ii)

Geographical information:

Revenues - classified by geographical area (based on the location of customers):

(iii)

Revenues by major product lines are as follows:

(iv)

Revenues by operating segments are as follows:

(v)

Property plant and equipment net of accumulated depreciation and amortization by geographical location:

Selling, general and administrative expenses

Financial expenses - net


	Year ended December 31
	2017			2016			2015
	$ in thousands
Income:
Interest in respect of bank deposits and marketable securities		1,157			665			646

Expenses:
Interest in respect of term loans		2,432			8,061			17,866
Charges associated with the retirement of the JPMorgan Credit Agreement (mainly deferred financing costs)					6,228
Costs relating to factoring of letters of credits and promissory notes		1,143			447			209
Marketable securities and bonds premium/discount amortization		57			18			136
Foreign currencies exchange loss - net		2,074			5,990			5,115
Bank charges and other		986			963			905

Total expenses:		6,692			21,707			24,231

		(5,535	)		(21,042	)		(23,585	)

Earnings per share

Following are data relating to the weighted average number of shares for the purpose of computing earnings per share:


	Year ended December 31
	2017		2016		2015
	in thousands
Weighted average number of shares issued and outstanding (net of treasury shares) used in computation of basic earnings per share		47,989		45,534		42,412
Add - incremental shares from assumed exercise of options and RSUs		861		927		910

Weighted average number of shares used in computation of diluted earnings per share		48,850		46,461		43,322