Equity (Tables)

12 Months Ended

Dec. 31, 2018

Disclosure of classes of share capital [abstract]

Schedule of Composition of Share Capital

Composition of share capital

December 31, 2018

December 31, 2017

December 31, 2016

Issued and

Issued and

Issued and

Authorized

Outstanding(1)

Authorized

outstanding(1)

Authorized

Outstanding

Number of shares

Ordinary shares

Of NIS 10.00 par value each

17,000,000

10,675,508(1

)

17,000,000

10,675,508(1

)

17,000,000

10,677,370(1

)

(1) Net of treasury shares as follows: 258,046 Ordinary shares as of December 31, 2018, and as of December 31, 2017 and 256,184 Ordinary shares as of December 31, 2016, all of which have been purchased according to share buyback programs that were authorized the Company's Board of Directors.