SEGMENT INFORMATION

6 Months Ended

Jun. 30, 2014

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

NOTE 7:- SEGMENT INFORMATION

a. The following segment identification is identical to the segment used in the latest annual consolidated financial report.

b. The following presents segment results of operations for the six months ended June 30, 2014 (unaudited):

	Cellocator segment		Pointer segment		Total
Segments revenues	$	11,265	$	46,955	$	58,220
Intersegments revenues		(5,331)		-		(5,331)
Revenues from external customers	$	5,934	$	46,955	$	52,889
Segments operating income	$	958	$	4,775	$	5,733
Segments assets	$	25,208	$	100,982	$	126,190

The Pointer segment revenues include revenue from services in the amount of $ 35,728.

The following reconciles segment operating profit and segments assets to net operating profit and assets as reported in the interim consolidated statements of income:

Segments operating income	$	5,733
Intercompany gains on intersegment sales		(1,496)
Operating income	$	4,237
Segments assets	$	126,190
Intercompany elimination		(2,216)
Total assets	$	123,974

c. The following presents segment results of operations for the six months ended June 30, 2013 (unaudited):

	Cellocator segment		Pointer segment		Total
Segments revenues	$	11,895	$	38,508	$	50,403
Intersegments revenues		(5,023)		-		(5,023)
Revenues from external customers	$	6,872	$	38,508	$	45,380
Segments operating income	$	1,551	$	1,587	$	3,138
Segments assets	$	17,898	$	82,816	$	100,714

The Pointer segment revenues include revenue from services in the amount of $  29,495.

The following reconciles segment operating profit and segments assets to net operating profit and assets as reported in the interim consolidated statements of income:

Segments operating income	$	3,138
Intercompany gains on intersegment sales		174
Operating income	$	3,312
Segments assets	$	100,714
Intercompany elimination		(1,064)
Total assets	$	99,650

d. The following presents segment results of operations for the three months ended June 30, 2014 (unaudited):

	Cellocator segment		Pointer segment		Total
Segments revenues	$	5,867	$	23,008	$	28,875
Intersegments revenues		(3,001)		-		(3,001)
Revenues from external customers	$	2,866	$	23,008	$	25,874
Segments operating profit	$	711	$	2,105	$	2,816
Segments assets	$	25,208	$	100,982	$	126,190

The Pointer segment revenues include revenue from services in the amount of $17,818.

The following reconciles segment operating profit and segments assets to net operating profit and assets as reported in the interim consolidated statements of income:

Segments operating income	$	2,816
Intercompany gains on intersegment sales		(1,164)
Operating income	$	1,652
Segments assets	$	126,190
Intercompany elimination		(2,216)
Total assets	$	123,974

e. The following presents segment results of operations for the three months ended June 30, 2013 (unaudited):

	Cellocator segment		Pointer segment		Total
Segments revenues	$	6,013	$	19,733	$	25,746
Intersegments revenues		(2,511)		-		(2,511)
Revenues from external customers	$	3,502	$	19,733	$	23,235
Segments operating profit	$	697	$	883	$	1,580
Segments assets	$	17,898	$	82,816	$	100,714

The Pointer segment revenues include revenue from services in the amount of $  14,772.

The following reconciles segment operating profit and segments assets to net operating profit and assets as reported in the interim consolidated statements of income:

Segments operating income	$	1,580
Intercompany gains on intersegment sales		187
Operating income	$	1,767
Segments assets	$	100,714
Intercompany elimination		(1,064)
Total assets	$	99,650

f. The following presents segment results of operations for the year ended December 31, 2013:

	Cellocator segment		Pointer segment		Total
Segments revenues	$	24,268	$	81,990	$	106,258
Intersegments revenues		(8,401)		-		(8,401)
Revenues from external customers	$	15,867	$	81,990	$	97,857
Segments operating profit	$	3,065	$	4,890	$	7,955
Segments assets	$	36,513	$	78,930	$	115,443
Depreciation, amortization and impairment expenses	$	291	$	3,758	$	4,049
Expenditures for assets	$	135	$	4,528	$	4,663

The Pointer segment revenues include revenue from services in the amount of $  63,141.

The following reconciles segment operating profit and segments assets to net operating profit and assets as reported in the consolidated statements of income:

Segments operating income	$	7,955
Intercompany adjustments on intersegment sales		(1,909)
Operating income	$	6,046
Segments assets	$	115,443
Intercompany elimination		(1,779)
Total assets	$	113,664