2022 Q4 Form 20-F Financial Statement

#000121390023023868 Filed on March 29, 2023

View on sec.gov

Income Statement

Concept 2022 Q4 2022 2021 Q4
Revenue $119.5M $474.7M $119.2M
YoY Change 0.2% 2.97% 17.23%
Cost Of Revenue $69.16M $274.6M $70.56M
YoY Change -1.99% 0.51% 17.02%
Gross Profit $50.31M $200.2M $48.66M
YoY Change 3.37% 6.56% 17.55%
Gross Profit Margin 42.11% 42.16% 40.82%
Selling, General & Admin $18.57M $75.02M $19.04M
YoY Change -2.46% -1.74% -4.8%
% of Gross Profit 36.92% 37.48% 39.13%
Research & Development $15.25M $58.66M $13.89M
YoY Change 9.79% 8.6% 25.14%
% of Gross Profit 30.32% 29.3% 28.54%
Depreciation & Amortization $5.595M $22.24M $7.940M
YoY Change -29.53% -22.42% 14.08%
% of Gross Profit 11.12% 11.11% 16.32%
Operating Expenses $33.82M $133.7M $32.93M
YoY Change 2.71% 2.54% 5.89%
Operating Profit $16.48M $66.49M $15.73M
YoY Change 4.76% 15.66% 52.74%
Interest Expense $1.097M -$941.0K $310.0K
YoY Change 253.87% 365.84% -125.83%
% of Operating Profit 6.66% -1.42% 1.97%
Other Income/Expense, Net -$941.0K
YoY Change 365.84%
Pretax Income $17.58M $65.55M $16.04M
YoY Change 9.57% 14.43% 78.24%
Income Tax $4.276M $12.62M $2.404M
% Of Pretax Income 24.33% 19.25% 14.99%
Net Earnings $13.37M $52.60M $13.66M
YoY Change -2.17% 11.5% 64.63%
Net Earnings / Revenue 11.19% 11.08% 11.46%
Basic Earnings Per Share $0.95
Diluted Earnings Per Share $0.24 $0.95 $245.5K
COMMON SHARES
Basic Shares Outstanding 55.14M shares 55.12M shares
Diluted Shares Outstanding 55.57M shares

Balance Sheet

Concept 2022 Q4 2022 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $180.3M $180.3M $210.2M
YoY Change -14.25% -14.25% 15.14%
Cash & Equivalents $160.3M $160.3M $190.2M
Short-Term Investments $20.00M $20.00M $20.00M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $93.38M $93.38M $76.26M
Other Receivables $11.64M $11.64M $13.84M
Total Short-Term Assets $285.3M $285.3M $300.3M
YoY Change -5.01% -5.01% 12.32%
LONG-TERM ASSETS
Property, Plant & Equipment $45.71M $45.71M $58.12M
YoY Change -21.36% -21.36% -18.6%
Goodwill $252.2M $261.1M
YoY Change -3.41% -1.19%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $16.07M $16.07M $13.24M
YoY Change 21.39% 21.39% 12.22%
Total Long-Term Assets $381.4M $381.4M $414.6M
YoY Change -8.01% -8.01% -7.2%
TOTAL ASSETS
Total Short-Term Assets $285.3M $285.3M $300.3M
Total Long-Term Assets $381.4M $381.4M $414.6M
Total Assets $666.8M $666.8M $715.0M
YoY Change -6.75% -6.75% 0.11%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.415M $9.415M $5.008M
YoY Change 88.0% 88.0% -7.26%
Accrued Expenses $86.03M $86.03M $87.28M
YoY Change -1.43% -1.43% 2.68%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $19.80M $19.80M $19.80M
YoY Change 0.0% 0.0% -0.02%
Total Short-Term Liabilities $146.0M $146.0M $151.7M
YoY Change -3.78% -3.78% 4.76%
LONG-TERM LIABILITIES
Long-Term Debt $59.28M $59.28M $78.99M
YoY Change -24.96% -24.96% -19.97%
Other Long-Term Liabilities $47.21M $47.21M $60.13M
YoY Change -21.48% -21.48% -14.71%
Total Long-Term Liabilities $106.5M $106.5M $139.1M
YoY Change -23.45% -23.45% -17.78%
TOTAL LIABILITIES
Total Short-Term Liabilities $146.0M $146.0M $151.7M
Total Long-Term Liabilities $106.5M $106.5M $139.1M
Total Liabilities $263.9M $263.9M $308.4M
YoY Change -14.44% -14.44% -7.23%
SHAREHOLDERS EQUITY
Retained Earnings $85.58M $71.56M
YoY Change 19.59%
Common Stock $756.0K $756.0K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $9.423M $9.423M
YoY Change 0.0%
Treasury Stock Shares
Shareholders Equity $402.9M $402.9M $406.5M
YoY Change
Total Liabilities & Shareholders Equity $666.8M $666.8M $715.0M
YoY Change -6.75% -6.75% 0.11%

Cashflow Statement

Concept 2022 Q4 2022 2021 Q4
OPERATING ACTIVITIES
Net Income $13.37M $52.60M $13.66M
YoY Change -2.17% 11.5% 64.63%
Depreciation, Depletion And Amortization $5.595M $22.24M $7.940M
YoY Change -29.53% -22.42% 14.08%
Cash From Operating Activities $14.43M $43.78M $27.39M
YoY Change -47.31% -45.64% 30.22%
INVESTING ACTIVITIES
Capital Expenditures $1.861M $9.054M -$3.208M
YoY Change -158.01% -176.42% -37.59%
Acquisitions $3.466M
YoY Change -517.09%
Other Investing Activities $183.0K -$3.386M $20.02M
YoY Change -99.09% -128.28% -119.31%
Cash From Investing Activities -$1.678M -$12.44M $16.81M
YoY Change -109.98% -10052.0% -115.45%
FINANCING ACTIVITIES
Cash Dividend Paid $38.58M
YoY Change 90.47%
Common Stock Issuance & Retirement, Net $0.00 $0.00 $1.010M
YoY Change -100.0% -100.0% -99.07%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 -58.38M 1.010M
YoY Change -100.0% 46.08% -99.07%
NET CHANGE
Cash From Operating Activities 14.43M 43.78M 27.39M
Cash From Investing Activities -1.678M -12.44M 16.81M
Cash From Financing Activities 0.000 -58.38M 1.010M
Net Change In Cash 12.75M -27.04M 45.21M
YoY Change -71.79% -166.41% 116.4%
FREE CASH FLOW
Cash From Operating Activities $14.43M $43.78M $27.39M
Capital Expenditures $1.861M $9.054M -$3.208M
Free Cash Flow $12.57M $34.73M $30.59M
YoY Change -58.92% -62.41% 16.9%

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StockIssuedDuringPeriodValueStockOptionsExercised
5050000 usd
CY2020 spns Adjustments To Additional Paid In Capital Distribution Of Dividend
AdjustmentsToAdditionalPaidInCapitalDistributionOfDividend
-7044000 usd
CY2020 us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
13456000 usd
CY2020 spns Acquisition Of Minority Interest
AcquisitionOfMinorityInterest
-147000 usd
CY2020 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
108737000 usd
CY2020 us-gaap Profit Loss
ProfitLoss
34157000 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
383694000 usd
CY2021 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
4711000 usd
CY2021 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2038000 usd
CY2021 spns Adjustments To Additional Paid In Capital Distribution Of Dividend
AdjustmentsToAdditionalPaidInCapitalDistributionOfDividend
-20286000 usd
CY2021 us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
-8159000 usd
CY2021 spns Transaction With Minority Shareholders
TransactionWithMinorityShareholders
-600000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
47322000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
408720000 usd
CY2022 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
3835000 usd
CY2022 spns Adjustments To Additional Paid In Capital Distribution Of Dividend
AdjustmentsToAdditionalPaidInCapitalDistributionOfDividend
-38579000 usd
CY2022 us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
-24115000 usd
CY2022 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
62000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
52931000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
402854000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
52931000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
47322000 usd
CY2020 us-gaap Profit Loss
ProfitLoss
34157000 usd
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
22240000 usd
CY2021 us-gaap Depreciation And Amortization
DepreciationAndAmortization
28669000 usd
CY2020 us-gaap Depreciation And Amortization
DepreciationAndAmortization
23383000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
3835000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
4711000 usd
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
3987000 usd
CY2022 us-gaap Accretion Expense
AccretionExpense
85000 usd
CY2021 us-gaap Accretion Expense
AccretionExpense
106000 usd
CY2020 us-gaap Accretion Expense
AccretionExpense
134000 usd
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
1439000 usd
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
351000 usd
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-26000 usd
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
60000 usd
CY2020 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-44000 usd
CY2022 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
21860000 usd
CY2021 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
13937000 usd
CY2020 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
5168000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-7729000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-17743000 usd
CY2020 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
2049000 usd
CY2022 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-10134000 usd
CY2021 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-1902000 usd
CY2020 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-16000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
4634000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-529000 usd
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1344000 usd
CY2022 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-8046000 usd
CY2021 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-8325000 usd
CY2020 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1435000 usd
CY2022 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-7738000 usd
CY2021 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
4930000 usd
CY2020 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
2992000 usd
CY2022 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
78000 usd
CY2021 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
375000 usd
CY2020 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
349000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
43780000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
80542000 usd
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
58255000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2757000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3786000 usd
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2633000 usd
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
54000 usd
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1111000 usd
CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
12000 usd
CY2022 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
6097000 usd
CY2021 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
7911000 usd
CY2020 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
5798000 usd
CY2022 spns Net Cash Paid For Acquisitions
NetCashPaidForAcquisitions
3466000 usd
CY2021 spns Net Cash Paid For Acquisitions
NetCashPaidForAcquisitions
-831000 usd
CY2020 spns Net Cash Paid For Acquisitions
NetCashPaidForAcquisitions
109052000 usd
CY2022 us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
-26000 usd
CY2021 us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
-10031000 usd
CY2020 us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
30397000 usd
CY2020 spns Investment In Deposit On Account Of Future Acquisition
InvestmentInDepositOnAccountOfFutureAcquisition
-22890000 usd
CY2022 spns Acquisition Of Intellectual Property Rights
AcquisitionOfIntellectualPropertyRights
200000 usd
CY2021 spns Acquisition Of Intellectual Property Rights
AcquisitionOfIntellectualPropertyRights
151000 usd
CY2020 spns Acquisition Of Intellectual Property Rights
AcquisitionOfIntellectualPropertyRights
2810000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-12440000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
125000 usd
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-127788000 usd
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2038000 usd
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
5050000 usd
CY2020 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
20000000 usd
CY2020 us-gaap Repayments Of Debt
RepaymentsOfDebt
20000000 usd
CY2020 spns Proceeds From Issuance Of Debentures Net
ProceedsFromIssuanceOfDebenturesNet
60346000 usd
CY2022 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
19796000 usd
CY2021 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
19796000 usd
CY2020 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
9898000 usd
CY2022 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
38579000 usd
CY2021 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
20255000 usd
CY2020 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
7044000 usd
CY2021 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
926000 usd
CY2020 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
538000 usd
CY2021 spns Acquisition Of Minority Interests
AcquisitionOfMinorityInterests
990000 usd
CY2020 spns Acquisition Of Minority Interests
AcquisitionOfMinorityInterests
147000 usd
CY2021 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
31000 usd
CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
108737000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-58375000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-39960000 usd
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
156506000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-2923000 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-3025000 usd
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-707000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-29958000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
37682000 usd
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
86266000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
190243000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
152561000 usd
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
66295000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
160285000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
190243000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
152561000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
850000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
3218000 usd
CY2020 us-gaap Interest Paid Net
InterestPaidNet
5439000 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
10634000 usd
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
6654000 usd
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
16330000 usd
CY2022 spns Working Capital Net
WorkingCapitalNet
317000 usd
CY2021 spns Working Capital Net
WorkingCapitalNet
238000 usd
CY2020 spns Working Capital Net
WorkingCapitalNet
10839000 usd
CY2020 spns Spns Noncash Or Part Noncash Acquisition Other Long Term Assets
spns_NoncashOrPartNoncashAcquisitionOtherLongTermAssets
-9577000 usd
CY2020 spns Other Longterm Liabilities
OtherLongtermLiabilities
24572000 usd
CY2020 spns Redeemable Noncontrolling Interests
RedeemableNoncontrollingInterests
450000 usd
CY2022 spns Goodwill And Other Intangible Assets
GoodwillAndOtherIntangibleAssets
-3783000 usd
CY2021 spns Goodwill And Other Intangible Assets
GoodwillAndOtherIntangibleAssets
593000 usd
CY2020 spns Goodwill And Other Intangible Assets
GoodwillAndOtherIntangibleAssets
-135336000 usd
CY2022 spns Noncash Or Part Noncash Acquisition Fair Value Of Net Assets
NoncashOrPartNoncashAcquisitionFairValueOfNetAssets
-3466000 usd
CY2021 spns Noncash Or Part Noncash Acquisition Fair Value Of Net Assets
NoncashOrPartNoncashAcquisitionFairValueOfNetAssets
831000 usd
CY2020 spns Noncash Or Part Noncash Acquisition Fair Value Of Net Assets
NoncashOrPartNoncashAcquisitionFairValueOfNetAssets
-109052000 usd
CY2022 spns Net Lease Liabilities Arisingdisposal From Obtaining Rightofuse Assets
NetLeaseLiabilitiesArisingdisposalFromObtainingRightofuseAssets
-24000 usd
CY2021 spns Net Lease Liabilities Arisingdisposal From Obtaining Rightofuse Assets
NetLeaseLiabilitiesArisingdisposalFromObtainingRightofuseAssets
5526000 usd
CY2020 spns Net Lease Liabilities Arisingdisposal From Obtaining Rightofuse Assets
NetLeaseLiabilitiesArisingdisposalFromObtainingRightofuseAssets
1861000 usd
CY2022 spns Non Cash Transactions Property And Equipment Purchase
NonCashTransactionsPropertyAndEquipmentPurchase
268000 usd
CY2021 spns Non Cash Transactions Property And Equipment Purchase
NonCashTransactionsPropertyAndEquipmentPurchase
262000 usd
CY2020 spns Non Cash Transactions Property And Equipment Purchase
NonCashTransactionsPropertyAndEquipmentPurchase
490000 usd
CY2022 us-gaap Nature Of Operations
NatureOfOperations
<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">NOTE 1:- GENERAL</p><p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in 0pt 0pt; text-align: justify; text-indent: 0pt"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">Sapiens International Corporation N.V. (“Sapiens”) and its subsidiaries (collectively, the “Company”), a member of the Formula Systems (1985) Ltd. (“Formula”) Group, is a global provider of software solutions for the insurance industry. The ultimate parent of the Company is Asseco Poland S.A. (“Asseco”), a Polish public company, traded on the Warsaw Stock Exchange. The Company’s expertise is reflected in its innovative software, solutions and professional services for property &amp; casualty (P&amp;C); reinsurance; life, pension &amp; annuity (L&amp;P); workers’ compensation (WC); medical professional liability (MPL); financial &amp; compliance (F&amp;C); and decision modeling for both insurance and financial markets. The Company offers end to end solutions for insurers core, data &amp; analytics and digital operations, as well as stand-alone solutions which help them optimize and maximize their current investment.</p>
CY2022Q4 spns Lessee Operating Leases Liability Payments Due Next Twelve Months
LesseeOperatingLeasesLiabilityPaymentsDueNextTwelveMonths
9300000 usd
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt" width="100%"><tr style="vertical-align: top"> <td style="width: 0.5in"/><td style="width: 0.5in">a.</td><td style="text-align: justify">Use of estimates:</td></tr></table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0in">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Such management estimates and assumptions are related, but not limited to contingent liabilities, income tax uncertainties, deferred taxes assets, share-based compensation, value of intangible assets and goodwill, as well as the determination of revenue recognition from contracts accounted for based on the estimate of percentage of completion. The Company’s management believes that the estimates, judgment and assumptions used are reasonable based upon information available at the time they are made. These estimates, judgments and assumptions can affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 1in 0pt 0; text-align: justify; text-indent: 0in"><b> </b></p>
CY2022 spns Shortterm Bank Deposits
ShorttermBankDeposits
P1Y
CY2022Q4 spns Lessee Operating Leases Liability Payments Due Year Two
LesseeOperatingLeasesLiabilityPaymentsDueYearTwo
7458000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1337000 usd
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1558000 usd
CY2022 spns Allowance For Doubtful Accounts Receivable Current Period Provision
AllowanceForDoubtfulAccountsReceivableCurrentPeriodProvision
428000 usd
CY2021 spns Allowance For Doubtful Accounts Receivable Current Period Provision
AllowanceForDoubtfulAccountsReceivableCurrentPeriodProvision
68000 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
635000 usd
CY2021 spns Allowance For Doubtful Accounts Receivable Recoveries Collected
AllowanceForDoubtfulAccountsReceivableRecoveriesCollected
-289000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1130000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1337000 usd
CY2022 spns Leasehold Improvements
LeaseholdImprovements
Over the shorter of the related lease period or the life of the asset
CY2022 spns Performancebased Payments Description
PerformancebasedPaymentsDescription
In addition, sum.cumo’s senior executives have retention-based payments over three years (2020-2023) of up to approximately $2,800. These payments are subject to continued employment, and therefore were not included in the purchase price. Acquisition related costs amounted to $561, and are presented under selling, marketing, general and administrative in the Company’s consolidated statements of income.
CY2022Q4 spns Lessee Operating Leases Liability Payments Due Year Three
LesseeOperatingLeasesLiabilityPaymentsDueYearThree
6550000 usd
CY2022Q4 spns Lessee Operating Leases Liability Payments Due Year Four
LesseeOperatingLeasesLiabilityPaymentsDueYearFour
6254000 usd
CY2022 us-gaap Derivatives Methods Of Accounting Hedging Derivatives
DerivativesMethodsOfAccountingHedgingDerivatives
<table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.5in"/><td style="width: 0.5in; text-align: left">u.</td><td style="text-align: justify">Derivatives and hedging:</td> </tr></table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify; text-indent: 0in">The Company enters into option contracts and forward contracts to hedge certain transactions denominated in foreign currencies. The purpose of the Company’s foreign currency hedging activities is to protect the Company from risk that the eventual dollar cash flows from international activities will be adversely affected by changes in the exchange rates. The Company’s option and forward contracts do not qualify as hedging instruments under ASC 815, “Derivatives and hedging”. Changes in the fair value of option strategies are reflected in the consolidated statements of income as financial income or expense.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0in"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify; text-indent: 0in">In 2022, 2021 and 2020 the Company entered into forward contracts in the aggregate notional amounts of $168,850, $140,688 and $260,862, respectively, and in 2022, 2021 and 2020, the Company entered into option contracts in the notional amounts of <span style="-sec-ix-hidden: hidden-fact-112">nil</span>, $27,138 and $1,650, respectively, in order to protect against foreign currency fluctuations.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: -0.5in"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0in">As of December 31, 2022, 2021 and 2020, the Company had outstanding options and forward contracts, in the notional amount of $15,900, $20,000 and $3,866, respectively.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">In 2022 the Company recorded financial expense, net of $1,193, and in 2021 and 2020 the Company recorded financial income, net of $3,338 and $104 respectively, with respect to the above transactions, presented in the statements of income as part of financial expenses, net.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify"> </p>
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
1439000 usd
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
351000 usd
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.50 pure
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt" width="100%"><tr style="vertical-align: top"> <td style="width: 0.5in"/><td style="width: 0.5in">p.</td><td style="text-align: justify">Concentrations of credit risks:</td></tr></table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0in">Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash and cash equivalents, trade receivables, unbilled receivables and contract assets, and foreign currency derivative contracts.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0in"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">The Company’s cash and cash equivalents and short-term bank deposit are invested in bank deposits mainly in US dollars.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0in">The Company’s trade receivables are generally derived from sales to large and solid organizations located mainly in North America, Europe and the rest of the world.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0in"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0in">The Company performs ongoing credit evaluations of its customers and to date has not experienced any material losses. In certain circumstances, the Company may require prepayment.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: -0.5in"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0in">The Company entered into forward contracts, and option contracts intended to protect against the increase in value of forecasted non-dollar currency cash flows. The derivative instruments hedge a portion of the Company’s non-dollar currency exposure.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">No off-balance sheet concentrations of credit risk exist.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"> </p>
CY2022Q4 us-gaap Derivative Liability Notional Amount
DerivativeLiabilityNotionalAmount
168850000 usd
CY2021Q4 us-gaap Derivative Liability Notional Amount
DerivativeLiabilityNotionalAmount
140688000 usd
CY2020Q4 us-gaap Derivative Liability Notional Amount
DerivativeLiabilityNotionalAmount
260862000 usd
CY2021Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
27138000 usd
CY2020Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
1650000 usd
CY2022Q4 us-gaap Financial Services Liabilities
FinancialServicesLiabilities
1193000 usd
CY2021Q4 us-gaap Financial Services Liabilities
FinancialServicesLiabilities
3338000 usd
CY2022 us-gaap Severance Costs1
SeveranceCosts1
5199000 usd
CY2021 us-gaap Severance Costs1
SeveranceCosts1
4538000 usd
CY2020 us-gaap Severance Costs1
SeveranceCosts1
4020000 usd
CY2022 spns Retirement Savings Plan Description
RetirementSavingsPlanDescription
The Company has a 401(k) retirement savings plan for most of its U.S. employees. Each eligible employee may elect to contribute a portion of its employee’s compensation to the plan. The Company has a discretionary employer match. In the reporting periods, this match ranges from 1.25-3% if an employee contributed 5-6%. 
CY2022 spns Employer Match Expense
EmployerMatchExpense
1280000 usd
CY2021 spns Employer Match Expense
EmployerMatchExpense
1282000 usd
CY2020 spns Employer Match Expense
EmployerMatchExpense
1233000 usd
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2020Q4 us-gaap Financial Services Liabilities
FinancialServicesLiabilities
104000 usd
CY2022Q2 spns Cash Paid
CashPaid
3466000 usd
CY2020Q4 spns Purchase Price In Cash
PurchasePriceInCash
76107000 usd
CY2020Q4 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
719000 usd
CY2021 spns Working Capital
WorkingCapital
831000 usd
CY2022 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
29946000 usd
CY2022Q4 spns Purchase Price In Cash
PurchasePriceInCash
22487000 usd
CY2022 spns Aggregate Of Shares Issued
AggregateOfSharesIssued
173005 shares
CY2022 spns Valued Total Amount
ValuedTotalAmount
4400000 usd
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y3M3D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0508 pure
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0477 pure
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
981000 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Financial Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFinancialAssets
1447000 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill
9730000 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Tax Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxLiabilities
3211000 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
14521000 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
22487000 usd
CY2020Q3 spns Purchase Price In Cash
PurchasePriceInCash
19600000 usd
CY2020Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
299000 usd
CY2020Q2 spns Proceeds From Loan Receive
ProceedsFromLoanReceive
1546000 usd
CY2020Q2 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2022-04-22
CY2020Q2 us-gaap Derivative Fixed Interest Rate
DerivativeFixedInterestRate
0.01 pure
CY2022Q4 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
1465000 usd
CY2020Q2 spns Acquisition Of Outstanding Percentage
AcquisitionOfOutstandingPercentage
0.75 pure
CY2021Q3 spns Addition From Acquisition
AdditionFromAcquisition
0.20 pure
CY2021Q3 us-gaap Shares Subject To Mandatory Redemption Settlement Terms Amount
SharesSubjectToMandatoryRedemptionSettlementTermsAmount
390000 usd
CY2022Q4 spns Longterm Unbilled Receivables
LongtermUnbilledReceivables
1902000 usd
CY2021Q4 spns Longterm Unbilled Receivables
LongtermUnbilledReceivables
1642000 usd
CY2022Q4 us-gaap Prepaid Rent
PrepaidRent
2083000 usd
CY2021Q4 us-gaap Prepaid Rent
PrepaidRent
2077000 usd
CY2022Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
268000 usd
CY2021Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
447000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
4253000 usd
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
4166000 usd
CY2022Q4 spns Operating Lease Liabilities Current
OperatingLeaseLiabilitiesCurrent
9789000 usd
CY2021Q4 spns Operating Lease Liabilities Current
OperatingLeaseLiabilitiesCurrent
10964000 usd
CY2022 us-gaap Other Noncash Income
OtherNoncashIncome
usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
56553000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
63712000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
44532000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
49254000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
12021000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
14458000 usd
CY2022 us-gaap Depreciation
Depreciation
4242000 usd
CY2021 us-gaap Depreciation
Depreciation
5360000 usd
CY2020 us-gaap Depreciation
Depreciation
4698000 usd
CY2022 spns Operating Lease Description
OperatingLeaseDescription
The Company’s leases have original lease periods expiring between 2023 and 2034.
CY2021 us-gaap Impairment Of Leasehold
ImpairmentOfLeasehold
1439000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
6019000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
7946000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
4004000 usd
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
4241000 usd
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
829000 usd
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
373000 usd
CY2022 us-gaap Lease Cost
LeaseCost
10852000 usd
CY2021 us-gaap Lease Cost
LeaseCost
12560000 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y3M10D
CY2022Q4 spns Lessee Operating Leases Liability Payments Due Year Five
LesseeOperatingLeasesLiabilityPaymentsDueYearFive
5719000 usd
CY2022Q4 spns Lessee Operating Leases Liability Payments Due After Year Five
LesseeOperatingLeasesLiabilityPaymentsDueAfterYearFive
7670000 usd
CY2022Q4 spns Total Undiscounted Cash Flows
TotalUndiscountedCashFlows
42951000 usd
CY2022Q4 spns Operating Leases Imputed Interest
OperatingLeasesImputedInterest
5456000 usd
CY2022Q4 spns Operating Leases Liability
OperatingLeasesLiability
37495000 usd
CY2021Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
25203000 usd
CY2020Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
24362000 usd
CY2022 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
6097000 usd
CY2021 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
7911000 usd
CY2022 spns Capitalized Computer Software Amortization
CapitalizedComputerSoftwareAmortization
5840000 usd
CY2021 spns Capitalized Computer Software Amortization
CapitalizedComputerSoftwareAmortization
7679000 usd
CY2022 us-gaap Capitalized Computer Software Period Increase Decrease
CapitalizedComputerSoftwarePeriodIncreaseDecrease
-2034000 usd
CY2021 us-gaap Capitalized Computer Software Period Increase Decrease
CapitalizedComputerSoftwarePeriodIncreaseDecrease
609000 usd
CY2022Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
23426000 usd
CY2021Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
25203000 usd
CY2022 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
5840000 usd
CY2021 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
7679000 usd
CY2020 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
6558000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
126806000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
128984000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
82803000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
72045000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
44003000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
56939000 usd
CY2021Q4 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
600000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
12158000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
15630000 usd
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
12127000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
11751000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
8862000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
6665000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
6412000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
10313000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
44003000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
261141000 usd
CY2020Q4 us-gaap Goodwill
Goodwill
264282000 usd
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
2123000 usd
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
593000 usd
CY2022 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-11032000 usd
CY2021 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-3734000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
252232000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
261141000 usd
CY2022 spns Percentage Of Total Net Consolidated License And Maintenance Revenue
PercentageOfTotalNetConsolidatedLicenseAndMaintenanceRevenue
0.035 pure
CY2022 spns Percentage Of Net Consolidated Consulting Services Revenue
PercentageOfNetConsolidatedConsultingServicesRevenue
0.0035 pure
CY2022 us-gaap Royalty Expense
RoyaltyExpense
816000 usd
CY2021 us-gaap Royalty Expense
RoyaltyExpense
531000 usd
CY2022Q4 spns Accrued Expenses To Goverment Authorities
AccruedExpensesToGovermentAuthorities
15297000 usd
CY2021Q4 spns Accrued Expenses To Goverment Authorities
AccruedExpensesToGovermentAuthorities
7010000 usd
CY2022Q4 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
19409000 usd
CY2021Q4 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
26038000 usd
CY2022Q4 spns Accrued Expenses And Other Liabilities
AccruedExpensesAndOtherLiabilities
34706000 usd
CY2021Q4 spns Accrued Expenses And Other Liabilities
AccruedExpensesAndOtherLiabilities
33048000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
79186000 usd
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
98982000 usd
CY2022Q4 spns Debt Current Maturities
DebtCurrentMaturities
-19796000 usd
CY2021Q4 spns Debt Current Maturities
DebtCurrentMaturities
-19796000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
114000 usd
CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
200000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
59275000 usd
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
78986000 usd
CY2017Q3 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
280000000 ils
CY2017Q3 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
79200000 usd
CY2017Q3 us-gaap Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
9898000 usd
CY2020Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
210000000 ils
CY2020Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
60300000 usd
CY2020Q2 us-gaap Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
9898000 usd
CY2020Q2 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.0337 pure
CY2022 us-gaap Debt Related Commitment Fees And Debt Issuance Costs
DebtRelatedCommitmentFeesAndDebtIssuanceCosts
80000 usd
CY2022Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
75192000 usd
CY2021Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
100465000 usd
CY2020 us-gaap Royalty Expense
RoyaltyExpense
494000 usd
CY2022Q4 spns Contingent Liability Royalties
ContingentLiabilityRoyalties
5661000 usd
CY2021Q4 spns Contingent Liability Royalties
ContingentLiabilityRoyalties
5454000 usd
CY2022 spns Property Lease Guarantee Provided
PropertyLeaseGuaranteeProvided
846000 usd
CY2022 spns Amount Of Bank Guarantee Provided For Customers And Suppliers
AmountOfBankGuaranteeProvidedForCustomersAndSuppliers
262000 usd
CY2021 spns Amount Of Bank Guarantee Provided For Customers And Suppliers
AmountOfBankGuaranteeProvidedForCustomersAndSuppliers
320000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.23 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.23 pure
CY2016Q4 spns Description Of Tax Benefits Capital Investments
DescriptionOfTaxBenefitsCapitalInvestments
the Economic Efficiency Law (Legislative Amendments for Applying the Economic Policy for the 2017 and 2018 Budget Years) 2016, which includes Amendment 73 to the Law for the Encouragement of Capital Investments (“the 2017 Amendment”) was published and was pending the publication of regulations, in May 2017 regulations were promulgated by the Finance Ministry to implement the “Nexus Principles” based on OECD guidelines published as part of the Base Erosion and Profit Shifting (BEPS) project. Following the publication of the regulations the 2017 Amendment became fully effective. According to the 2017 Amendment, a Preferred Technological Enterprise, as defined in the 2017 Amendment, with total consolidated revenues of the group companies is less than NIS 10 billion, shall be subject to 12% tax rate on income derived from intellectual property (in development area A-a tax rate of 7.5%). In order to qualify as a Preferred technological enterprise certain criterion must be met, such as a minimum ratio of annual R&D expenditure and R&D employees, as well as having at least 25% of annual revenues derived from exports. A PTE that acquires Benefited Intangible Assets from a foreign company for more than NIS 200 million after January 1, 2017, will be eligible for 12% reduce tax rate on capital gain upon sale of the Benefited Intangible Assets.
CY2017 spns Description Of Minimum Amount To Be Spent For Recognizing Intellectual Property
DescriptionOfMinimumAmountToBeSpentForRecognizingIntellectualProperty
The 2017 Amendment further provides that a technology company satisfying certain conditions will qualify as a Special Preferred Technology Enterprise (“SPTE”) (an enterprise for which, among others, total consolidated revenues of its parent company and all subsidiaries is at least NIS 10 billion) and will thereby enjoy a reduced corporate tax rate of 6% on PTI regardless of the Company’s geographic location within Israel. In addition, a SPTE will enjoy a reduced corporate tax rate of 6% on capital gain derived from the sale of certain “Benefited Intangible Assets” to a related foreign company if the Benefited Intangible Assets were either developed by the Special Preferred Technology Enterprise or acquired from a foreign company on or after January 1, 2017. 
CY2022 spns Corporate Tax Rate Percentage
CorporateTaxRatePercentage
0.06 pure
CY2022 spns Taxexempt Income Description
TaxexemptIncomeDescription
The tax-exempt income is attributable to the Company’s previous status as “Approved Enterprise” and “Benefited Enterprise”. Such tax-exempt income cannot be distributed to shareholders without subjecting the Company to payable income taxes. If dividends are distributed from previous tax-exempt profits, the Company will be liable for income tax at the rate applicable to its profits from the Approved Enterprise in at the tax rate enacted in the year in which the income was earned. According to the Temporary Order, the reduction of CIT will apply to earnings that are released (with no requirement for an actual distribution) within a period of one year from the date of enactment of the Temporary Order. The reduction in the CIT is dependent on the proportion of the trapped earnings that are released in relation to the total trapped earnings, and on the applicable CIT rate in the years the earnings were generated. Consequently, the larger the proportion of the trapped earnings that are released, the lower the tax in respect of the distribution. The minimum tax rate is 6%.
CY2022 spns Foreign Investment Percentage Description
ForeignInvestmentPercentageDescription
According to the Temporary Order, the reduction of CIT will apply to earnings that are released (with no requirement for an actual distribution) within a period of one year from the date of enactment of the Temporary Order. The reduction in the CIT is dependent on the proportion of the trapped earnings that are released in relation to the total trapped earnings, and on the applicable CIT rate in the years the earnings were generated. Consequently, the larger the proportion of the trapped earnings that are released, the lower the tax in respect of the distribution. The minimum tax rate is 6%. Further, a company that elects to pay a reduced CIT is required to invest in its industrial enterprise a designated amount in accordance with the Economic Efficiency Law within a period of five years commencing from the tax year in which the election is made. The designated investment should be utilized for the acquisition of production assets, and/or investments in research and development and/or compensation to additional new employees. 
CY2022 spns Effective Income Tax Rate Reconciliation Minimum Tax Rate Percentage
EffectiveIncomeTaxRateReconciliationMinimumTaxRatePercentage
0.06 pure
CY2022 us-gaap Deferred Tax Liability Not Recognized Description Of Temporary Difference Policyholders Surplus
DeferredTaxLiabilityNotRecognizedDescriptionOfTemporaryDifferencePolicyholdersSurplus
According to ASC 740, a deferred tax liability would generally be recorded relating to corporate taxes that would be owed on the distribution of profits if management has currently the intention to declare dividends of its tax-exempt earnings. 
CY2021 us-gaap Deferred Tax Liability Not Recognized Events That Would Cause Temporary Difference To Be Taxable Undistributed Earnings Of Foreign Subsidiaries
DeferredTaxLiabilityNotRecognizedEventsThatWouldCauseTemporaryDifferenceToBeTaxableUndistributedEarningsOfForeignSubsidiaries
In 2021, the Company decided to apply and benefit from the Temporary Order and pay the reduced CIT as per the provisions of the Economic Efficiency Law in respect of its total accumulated tax-exempt earnings amounting to NIS 109 million (approximately $35.3 million), and accordingly recognized deferred tax liability of $3,531. 
CY2021 us-gaap Distributed Earnings
DistributedEarnings
35300000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Deferred Expense
DeferredTaxLiabilitiesDeferredExpense
3531000 usd
CY2022Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
61275000 usd
CY2022Q4 us-gaap Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability Undistributed Earnings Of Foreign Subsidiaries
DeferredTaxLiabilityNotRecognizedAmountOfUnrecognizedDeferredTaxLiabilityUndistributedEarningsOfForeignSubsidiaries
6078000 usd
CY2022Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
32592000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
7765000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
1316000 usd
CY2022Q4 spns Deferred Tax Asset Tax Credit Carryforwards Lease Liability
DeferredTaxAssetTaxCreditCarryforwardsLeaseLiability
5094000 usd
CY2021Q4 spns Deferred Tax Asset Tax Credit Carryforwards Lease Liability
DeferredTaxAssetTaxCreditCarryforwardsLeaseLiability
8725000 usd
CY2022Q4 spns Deferred Tax Assets Tax Deferred Expense Reserves And Allowances
DeferredTaxAssetsTaxDeferredExpenseReservesAndAllowances
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CY2021Q4 spns Deferred Tax Assets Tax Deferred Expense Reserves And Allowances
DeferredTaxAssetsTaxDeferredExpenseReservesAndAllowances
5119000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Other
DeferredTaxAssetsTaxDeferredExpenseOther
2397000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Other
DeferredTaxAssetsTaxDeferredExpenseOther
3383000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
27267000 usd
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
25685000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
4815000 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
5104000 usd
CY2022Q4 spns Deferred Tax Assets Noncurrent Net
DeferredTaxAssetsNoncurrentNet
22452000 usd
CY2021Q4 spns Deferred Tax Assets Noncurrent Net
DeferredTaxAssetsNoncurrentNet
20581000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Research And Development Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedResearchAndDevelopmentCosts
3085000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Research And Development Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedResearchAndDevelopmentCosts
3045000 usd
CY2022Q4 spns Deferred Tax Liabilities Lease Rightofuse Asset
DeferredTaxLiabilitiesLeaseRightofuseAsset
4739000 usd
CY2021Q4 spns Deferred Tax Liabilities Lease Rightofuse Asset
DeferredTaxLiabilitiesLeaseRightofuseAsset
8098000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
10538000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
13169000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
229000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
367000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
5622000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
8047000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
184000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
93000 usd
CY2022Q4 spns Deferred Tax Liabilitie
DeferredTaxLiabilitie
24397000 usd
CY2021Q4 spns Deferred Tax Liabilitie
DeferredTaxLiabilitie
32819000 usd
CY2022Q4 spns Deferred Tax Liabilities Net
DeferredTaxLiabilitiesNet
1945000 usd
CY2021Q4 spns Deferred Tax Liabilities Net
DeferredTaxLiabilitiesNet
12238000 usd
CY2022 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
1145000 usd
CY2021 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
1180000 usd
CY2022 spns Release The Trapped Earnings
ReleaseTheTrappedEarnings
3531000 usd
CY2022Q4 spns Deferred Tax Asset Net
DeferredTaxAssetNet
9418000 usd
CY2021Q4 spns Deferred Tax Asset Net
DeferredTaxAssetNet
3122000 usd
CY2022Q4 spns Deferred Tax Liabilitie Net
DeferredTaxLiabilitieNet
11363000 usd
CY2021Q4 spns Deferred Tax Liabilitie Net
DeferredTaxLiabilitieNet
15360000 usd
CY2022Q4 spns Deferred Taxs Liabilities Net
DeferredTaxsLiabilitiesNet
1945000 usd
CY2021Q4 spns Deferred Taxs Liabilities Net
DeferredTaxsLiabilitiesNet
12238000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
27373000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
39248000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
34037000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
38177000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
18038000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
7161000 usd
CY2022 spns Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investment
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestment
65550000 usd
CY2021 spns Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investment
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestment
57286000 usd
CY2020 spns Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investment
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestment
41198000 usd
CY2022 spns Income Loss From Continuing Operations Before Income Taxes Extraordinary Item Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemNoncontrollingInterest
65550000 usd
CY2021 spns Income Loss From Continuing Operations Before Income Taxes Extraordinary Item Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemNoncontrollingInterest
57286000 usd
CY2020 spns Income Loss From Continuing Operations Before Income Taxes Extraordinary Item Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemNoncontrollingInterest
41198000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.23 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.23 pure
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.23 pure
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
15077000 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
13176000 usd
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
9476000 usd
CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
5579000 usd
CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
7338000 usd
CY2020 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
5511000 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
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CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-1645000 usd
CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
558000 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
1100000 usd
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
1437000 usd
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
1722000 usd
CY2022 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
2855000 usd
CY2020 us-gaap Other Noncash Income
OtherNoncashIncome
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CY2021 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
616000 usd
CY2020 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
755000 usd
CY2022 us-gaap Undistributed Earnings
UndistributedEarnings
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CY2021 us-gaap Other Noncash Income
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3531000 usd
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-84000 usd
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
187000 usd
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
41000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
12619000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9964000 usd
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7041000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
22912000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
11866000 usd
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
7543000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
12619000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9964000 usd
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2022 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
4194000 usd
CY2021 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
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CY2020 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
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CY2022 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
8425000 usd
CY2021 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
878000 usd
CY2020 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
3346000 usd
CY2022 spns Income Tax Expense Benefits
IncomeTaxExpenseBenefits
12619000 usd
CY2021 spns Income Tax Expense Benefits
IncomeTaxExpenseBenefits
9964000 usd
CY2020 spns Income Tax Expense Benefits
IncomeTaxExpenseBenefits
7041000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
8920000 usd
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
7646000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
4455000 usd
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
2731000 usd
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
588000 usd
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
290000 usd
CY2022 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
1012000 usd
CY2021 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
890000 usd
CY2021 spns Unrecognized Tax Benefits Acquisition Of Subsidiaries
UnrecognizedTaxBenefitsAcquisitionOfSubsidiaries
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CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
11775000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
8920000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
1253000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
1143000 usd
CY2020Q4 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
108737000 usd
CY2020Q4 spns Net Of Issuance Expenses
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
7.22
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
10.35
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
7.99
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
250000 usd
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
8505000 usd
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
11658000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2132763 shares
CY2022 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P3Y3M18D
CY2022Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
21.51
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1010513000 shares
CY2022Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
16.21
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3835000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4711000 usd
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
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CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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CY2022 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Tax Including Portion Attributable To Noncontrolling Interest Availableforsale Securities
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794000 usd
CY2022Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
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CY2022 spns Weightedaverage Period
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CY2022 us-gaap Related Party Transaction Amounts Of Transaction
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CY2021 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
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CY2020 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
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CY2022Q4 us-gaap Due To Other Related Parties Noncurrent
DueToOtherRelatedPartiesNoncurrent
2927000 usd
CY2021Q4 us-gaap Due To Other Related Parties Noncurrent
DueToOtherRelatedPartiesNoncurrent
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CY2022Q4 us-gaap Due From Other Related Parties Noncurrent
DueFromOtherRelatedPartiesNoncurrent
1149000 usd
CY2021Q4 us-gaap Due From Other Related Parties Noncurrent
DueFromOtherRelatedPartiesNoncurrent
858000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
52595000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
47171000 usd
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
33775000 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2022 spns Spns Noncash Or Part Noncash Acquisition Other Long Term Assets
spns_NoncashOrPartNoncashAcquisitionOtherLongTermAssets
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CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
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CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
804438 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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200000 shares
CY2022 spns Percentage Of Revenues
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CY2021 spns Percentage Of Revenues
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CY2020 spns Percentage Of Revenues
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CY2021 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
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CY2020 us-gaap Revenues Net Of Interest Expense
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CY2022Q4 us-gaap Property Plant And Equipment Other
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CY2021Q4 us-gaap Property Plant And Equipment Other
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CY2022Q4 us-gaap Revenue Remaining Performance Obligation
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209000000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation Percentage
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CY2022 us-gaap Revenue From Contract With Customer Including Assessed Tax
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CY2021 us-gaap Revenue From Contract With Customer Including Assessed Tax
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CY2021 spns Spns Noncash Or Part Noncash Acquisition Other Long Term Assets
spns_NoncashOrPartNoncashAcquisitionOtherLongTermAssets
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CY2022 spns Other Longterm Liabilities
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CY2021 spns Other Longterm Liabilities
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CY2022 spns Redeemable Noncontrolling Interests
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CY2021 spns Redeemable Noncontrolling Interests
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CY2022Q4 us-gaap Accounts Receivable Gross Current
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CY2021Q4 us-gaap Accounts Receivable Gross Current
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CY2021Q4 us-gaap Accounts Notes And Loans Receivable Net Current
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CY2022Q4 us-gaap Unbilled Receivables Current
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CY2021Q4 us-gaap Unbilled Receivables Current
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16072000 usd
CY2022Q4 us-gaap Unbilled Receivables Not Billable At Balance Sheet Date
UnbilledReceivablesNotBillableAtBalanceSheetDate
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CY2021Q4 us-gaap Unbilled Receivables Not Billable At Balance Sheet Date
UnbilledReceivablesNotBillableAtBalanceSheetDate
858000 usd
CY2022Q4 us-gaap Accounts Receivable Billed For Long Term Contracts Or Programs
AccountsReceivableBilledForLongTermContractsOrPrograms
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CY2021Q4 us-gaap Accounts Receivable Billed For Long Term Contracts Or Programs
AccountsReceivableBilledForLongTermContractsOrPrograms
6988000 usd
CY2022Q4 spns Deferred Revenuesshortterm Contract Liabilities
DeferredRevenuesshorttermContractLiabilities
30720000 usd
CY2021Q4 spns Deferred Revenuesshortterm Contract Liabilities
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39614000 usd
CY2021Q4 us-gaap Deferred Revenue Noncurrent
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299000 usd
CY2022Q4 us-gaap Other Long Term Debt Current
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733000 usd
CY2021Q4 us-gaap Other Long Term Debt Current
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CY2022Q4 us-gaap Deferred Revenue
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37447000 usd
CY2022 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
64753000 usd
CY2021 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
61924000 usd
CY2020 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
47156000 usd
CY2022 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
6097000 usd
CY2021 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
7911000 usd
CY2020 us-gaap Payments To Develop Software
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5798000 usd
CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
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CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
54013000 usd
CY2020 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
41358000 usd
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
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CY2022 spns Allowance For Doubtful Accounts Receivable Recoveries Collected
AllowanceForDoubtfulAccountsReceivableRecoveriesCollected
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CY2022Q4 us-gaap Derivative Notional Amount
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CY2021 us-gaap Undistributed Earnings
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CY2020 us-gaap Undistributed Earnings
UndistributedEarnings
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CY2022 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
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CY2021 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-2907000 usd
CY2020 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-3922000 usd
CY2022 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-360000 usd
CY2021 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
342000 usd
CY2020 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-232000 usd
CY2022 spns Ppp Loan Forgiveness
PPPLoanForgiveness
-1465000 usd
CY2022 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-1193000 usd
CY2021 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
3338000 usd
CY2020 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
104000 usd
CY2022 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-146000 usd
CY2021 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-291000 usd
CY2020 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-219000 usd
CY2022 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-941000 usd
CY2021 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-202000 usd
CY2020 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-3805000 usd
CY2022 dei Entity Registrant Name
EntityRegistrantName
SAPIENS INTERNATIONAL CORP N V
CY2022 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
usd
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
usd
CY2022 spns Investment In Deposit On Account Of Future Acquisition
InvestmentInDepositOnAccountOfFutureAcquisition
usd
CY2021 spns Investment In Deposit On Account Of Future Acquisition
InvestmentInDepositOnAccountOfFutureAcquisition
usd
CY2022 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
usd
CY2021 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
usd
CY2022 us-gaap Repayments Of Debt
RepaymentsOfDebt
usd
CY2021 us-gaap Repayments Of Debt
RepaymentsOfDebt
usd
CY2022 spns Proceeds From Issuance Of Debentures Net
ProceedsFromIssuanceOfDebenturesNet
usd
CY2021 spns Proceeds From Issuance Of Debentures Net
ProceedsFromIssuanceOfDebenturesNet
usd
CY2022 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
usd
CY2022 spns Acquisition Of Minority Interests
AcquisitionOfMinorityInterests
usd
CY2022 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
usd
CY2020 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
usd
CY2022 spns Unrecognized Tax Benefits Acquisition Of Subsidiaries
UnrecognizedTaxBenefitsAcquisitionOfSubsidiaries
usd
CY2022Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
usd
CY2021 spns Ppp Loan Forgiveness
PPPLoanForgiveness
usd
CY2020 spns Ppp Loan Forgiveness
PPPLoanForgiveness
usd
CY2022 dei Amendment Flag
AmendmentFlag
false
CY2022 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2022 dei Entity Central Index Key
EntityCentralIndexKey
0000885740

Files In Submission

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0001213900-23-023868.txt Edgar Link pending
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f20f2022ex12-1_sapiens.htm Edgar Link pending
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spns-20221231.xsd Edgar Link pending
spns-20221231_cal.xml Edgar Link unprocessable
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f20f2022_sapiensinter_htm.xml Edgar Link completed