SEGMENT INFORMATION

6 Months Ended

Jun. 30, 2013

SEGMENT INFORMATION [Abstract]

SEGMENT INFORMATION

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, 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 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

c. The following presents segment results of operations for the six months ended June 30, 2012 (unaudited):

	Cellocator segment			Pointer segment		Total
Segments revenues	$	10,752		$	34,959	$	45,711
Intersegments revenues		(2,936	)		-		(2,936	)
Revenues from external customers	$	7,816		$	34,959	$	42,775
Segments operating profit (loss)	$	(386	)	$	2,842	$	2,456
Segments assets	$	16,585		$	78,321	$	94,906

The Pointer segment revenues include revenue from services in the amount of $ 27.

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	$	2,456
Intercompany gains on intersegment sales		196
Operating income	$	2,652
Segments assets	$	94,906
Intercompany elimination		(1,393	)
Total assets	$	93,513

d. 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 $ 15.

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

e. The following presents segment results of operations for the three months ended June 30, 2012 (unaudited):

	Cellocator segment			Pointer segment		Total
Segments revenues	$	5,199		$	17,225	$	22,424
Intersegments revenues		(1,257	)		-		(1,257	)
Revenues from external customers	$	3,942		$	17,225	$	21,167
Segments operating profit (loss)	$	(1,093	)	$	2,185	$	1,092
Segments assets	$	16,585		$	78,321	$	94,906

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	$	1,092
Intercompany gains on intersegment sales		131
Operating income	$	1,223
Segments assets	$	94,906
Intercompany elimination		(1,393	)
Total assets	$	93,513

f. The following presents segment results of operations for the year ended December 31, 2012:

	Cellocator segment			Pointer segment		Total
Segments revenues	$	22,660		$	68,540	$	91,200
Intersegments revenues		(6,368	)		-		(6,368	)
Revenues from external customers	$	16,292		$	68,540	$	84,832
Segments operating profit	$	1,731		$	3,015	$	4,746
Segments assets	$	12,522		$	85,003	$	97,525
Depreciation and amortization expenses	$	561		$	4,985	$	5,546
Expenditures for assets	$	156		$	3,877	$	4,033

The Pointer segment revenues include revenue from services in the amount of $ 54.

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	$	4,746
Intercompany losses on intersegment sales		342
Operating income	$	5,088
Segments assets	$	97,525
Intercompany elimination		(1,240	)
Total assets	$	96,285