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BASIC AND DILUTED NET EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
 
 
Year ended December 31,
 
 
 
2013
 
2014
 
2015
 
 
 
 
 
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income attributed to Sapiens shareholders
 
$
11,604
 
$
14,463
 
$
20,016
 
Adjustment to redeemable non-controlling interest
 
 
-
 
 
-
 
 
224
 
 
 
 
 
 
 
 
 
 
 
 
Net income used for earnings per share
 
$
11,604
 
$
14,463
 
$
20,240
 
 
 
 
 
 
 
 
 
 
 
 
Denominator (thousands):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator for basic earnings per share - weighted average number of common shares, net of treasury stock
 
 
40,024
 
 
47,210
 
 
48,121
 
Stock options and warrants
 
 
2,292
 
 
1,427
 
 
1,206
 
 
 
 
 
 
 
 
 
 
 
 
Denominator for diluted net earnings per share - adjusted weighted average number of shares
 
 
42,316
 
 
48,637
 
 
49,327