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Consolidated Statements of Income - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]    
Revenues $ 183,597 $ 156,316
Cost of revenues 109,074 95,055
Gross profit 74,523 61,261
Operating expenses:    
Research and development 19,854 17,700
Selling, marketing, general and administrative 31,988 26,030
Total operating expenses 51,842 43,730
Operating income 22,681 17,531
Financial expense, net 1,550 1,488
Income before taxes on income 21,131 16,043
Taxes on income 4,911 4,001
Net income 16,220 12,042
Attributed to non-controlling interests 103 47
Net income attributable to Sapiens’ shareholders $ 16,117 $ 11,995
Net earnings per share attributable to Sapiens’ shareholders:    
Basic (in Dollars per share) $ 0.32 $ 0.24
Diluted (in Dollars per share) $ 0.32 $ 0.24