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GOODWILL IMPAIRMENT AND OTHER OPERATING EXPENSES (INCOME), NET
12 Months Ended
Dec. 31, 2022
Other Operating Income Expenses [Abstract]  
GOODWILL IMPAIRMENT AND OTHER OPERATING EXPENSES (INCOME), NET

NOTE 22: GOODWILL IMPAIRMENT AND OTHER OPERATING EXPENSES (INCOME), NET

   
Year ended December 31,
 
   
2022
   
2021
   
2020
 
Impairment of goodwill 1
 
$
90,104
   
$
-
   
$
-
 
Impairment of long-lived assets 2
   
29,037
     
2,209
     
1,471
 
Sale of assets
   
(2,603
)
   
-
     
-
 
SolarEdge Korea (formerly Kokam) purchase escrow 3
   
-
     
(859
)
   
(4,900
)
Total goodwill impairment and other operating expenses (income)
 
$
116,538
   
$
1,350
   
$
(3,429
)
 
1 In June 2022, the Company decided to discontinue its stand-alone Critical Power activities. The Company recorded a loss related to its Critical Power business in the amount of $2,782 (see Note 9). In addition, in October 2022, as a result of an impairment test performed on the e-Mobility and Automation Machines reporting units, the Company recorded a loss of $80,534 and $6,788, respectively (see Note 9).
 
2 In October 2022, the Company recorded a loss of $26,917 and $245 as a result of an impairment test performed on e-Mobility and Automation Machines, respectively, a loss of $1,226 due to the discontinuance of Critical Power activities (see Note 8) and other miscellaneous items.
 
3 In the year ended December 31, 2021, the Company received a payment of $859 out of the SolarEdge Korea (formerly Kokam) acquisition escrow, with regards to a working capital adjustment. In the year ended December 31, 2020, the Company was indemnified for an amount of $4,900 out of the escrow, with regards to a legal claim of SolarEdge Korea (formerly Kokam) that was settled in arbitration.