EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

EARNINGS PER SHARE

NOTE 21: EARNINGS PER SHARE

The following table presents the computation of basic and diluted EPS attributable to SolarEdge Technologies Inc.:

	Year ended December 31,
	2022		2021		2020
Basic EPS:
Numerator:
Net income	$	93,779	$	169,170	$	140,322
Denominator:
Shares used in computing net earnings per share of common stock, basic		55,087,770		52,202,182		50,217,330
Diluted EPS:
Numerator:
Net income attributable to common stock, basic	$	93,779	$	169,170	$	140,322
Notes due 2025		2,203		2,134		-
Net income attributable to common stock, diluted	$	95,982	$	171,304	$	140,322
Denominator:
Shares used in computing net earnings per share of common stock, basic		55,087,770		52,202,182		50,217,330
Notes due 2025		2,276,818		2,276,818		-
Effect of stock-based awards		736,061		1,492,030		2,578,146
Shares used in computing net earnings per share of common stock, diluted		58,100,649		55,971,030		52,795,476
Shares excluded from the calculation of diluted net EPS due to their anti-dilutive effect		207,980		132,133		715,510