Basic and Diluted Net Earnings Per Share

12 Months Ended

Dec. 31, 2023

Basic and Diluted Net Earning Per Share [Abstract]

BASIC AND DILUTED NET EARNINGS PER SHARE

NOTE 16:- BASIC AND DILUTED NET EARNINGS PER SHARE

	Year ended December 31,
	2023		2022		2021
Numerator (thousands):
Net income attributed to Sapiens’ shareholders	$	62,444	$	52,595	$	47,171
Denominator:
Denominator for basic earnings per share - weighted average number of common shares, net of treasury stock		55,372,435		55,116,832		54,785,243
Stock options and RSU		348,725		453,661		805,058
Denominator for diluted net earnings per share - adjusted weighted average number of shares		55,721,160		55,570,493		55,590,301

The weighted average number of shares related to outstanding anti-dilutive options and RSUs excluded from the calculations of diluted net earnings per share was 1,494,883, 1,275,275 and 804,438 for the years 2023, 2022 and 2021, respectively.