2022 Q4 Form 20-F Financial Statement
#000121390023023868 Filed on March 29, 2023
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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ResearchAndDevelopmentExpense
|
58656000 | usd |
CY2021 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
54013000 | usd |
CY2020 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
41358000 | usd |
CY2022 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
75016000 | usd |
CY2021 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
76343000 | usd |
CY2020 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
69613000 | usd |
CY2022 | us-gaap |
Operating Expenses
OperatingExpenses
|
133672000 | usd |
CY2021 | us-gaap |
Operating Expenses
OperatingExpenses
|
130356000 | usd |
CY2020 | us-gaap |
Operating Expenses
OperatingExpenses
|
110971000 | usd |
CY2022 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
66491000 | usd |
CY2021 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
57488000 | usd |
CY2020 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
45003000 | 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 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
65550000 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
57286000 | usd |
CY2020 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
41198000 | 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 |
Profit Loss
ProfitLoss
|
52931000 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
47322000 | usd |
CY2020 | us-gaap |
Profit Loss
ProfitLoss
|
34157000 | usd |
CY2022 | spns |
Adjustment To Redeemable Noncontrolling Interest
AdjustmentToRedeemableNoncontrollingInterest
|
336000 | usd |
CY2021 | spns |
Adjustment To Redeemable Noncontrolling Interest
AdjustmentToRedeemableNoncontrollingInterest
|
151000 | usd |
CY2020 | spns |
Adjustment To Redeemable Noncontrolling Interest
AdjustmentToRedeemableNoncontrollingInterest
|
382000 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
52595000 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
47171000 | usd |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
33775000 | usd |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.95 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.86 | |
CY2020 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.67 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.95 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.85 | |
CY2020 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.65 | |
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 |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-24115000 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-8159000 | usd |
CY2020 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
13456000 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
28816000 | usd |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
39163000 | usd |
CY2020 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
47613000 | usd |
CY2022 | spns |
Comprehensive Income Attributed To Noncontrolling Interest
ComprehensiveIncomeAttributedToNoncontrollingInterest
|
178000 | usd |
CY2021 | spns |
Comprehensive Income Attributed To Noncontrolling Interest
ComprehensiveIncomeAttributedToNoncontrollingInterest
|
199000 | usd |
CY2020 | spns |
Comprehensive Income Attributed To Noncontrolling Interest
ComprehensiveIncomeAttributedToNoncontrollingInterest
|
431000 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
28638000 | usd |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
38964000 | usd |
CY2020 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
47182000 | usd |
CY2019Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
225498000 | usd |
CY2020 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
3987000 | usd |
CY2020 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
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 & casualty (P&C); reinsurance; life, pension & annuity (L&P); workers’ compensation (WC); medical professional liability (MPL); financial & compliance (F&C); and decision modeling for both insurance and financial markets. The Company offers end to end solutions for insurers core, data & 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
|
4737000 | usd |
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
|
-289000 | usd |
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
|
usd | |
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
|
-461000 | usd |
CY2021 | us-gaap |
Other Noncash Income
OtherNoncashIncome
|
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
|
-10293000 | usd |
CY2021 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-1902000 | usd |
CY2020 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-502000 | 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 |
Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
|
4194000 | usd |
CY2021 | us-gaap |
Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
|
9086000 | usd |
CY2020 | us-gaap |
Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
|
3695000 | usd |
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
|
-277000 | usd |
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
NetOfIssuanceExpenses
|
509000 | usd |
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
|
3987000 | usd |
CY2022 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
453661 | shares |
CY2021 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
805058000 | shares |
CY2022 | us-gaap |
Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Tax Including Portion Attributable To Noncontrolling Interest Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities
|
794000 | usd |
CY2022Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
8329000 | usd |
CY2022 | spns |
Weightedaverage Period
WeightedaveragePeriod
|
P1Y10M2D | |
CY2022 | us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
14813000 | usd |
CY2021 | us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
14598000 | usd |
CY2020 | us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
8523000 | usd |
CY2022Q4 | us-gaap |
Due To Other Related Parties Noncurrent
DueToOtherRelatedPartiesNoncurrent
|
2927000 | usd |
CY2021Q4 | us-gaap |
Due To Other Related Parties Noncurrent
DueToOtherRelatedPartiesNoncurrent
|
3187000 | usd |
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
|
55116832 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
54785243000 | shares |
CY2020 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
51208319000 | shares |
CY2022 | spns |
Spns Noncash Or Part Noncash Acquisition Other Long Term Assets
spns_NoncashOrPartNoncashAcquisitionOtherLongTermAssets
|
usd | |
CY2020 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
950958000 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
55570493 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
55590301000 | shares |
CY2020 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
52159277000 | shares |
CY2022 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1275275 | shares |
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
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
200000 | shares |
CY2022 | spns |
Percentage Of Revenues
PercentageOfRevenues
|
0.10 | pure |
CY2021 | spns |
Percentage Of Revenues
PercentageOfRevenues
|
0.10 | pure |
CY2020 | spns |
Percentage Of Revenues
PercentageOfRevenues
|
0.10 | pure |
CY2022 | us-gaap |
Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
|
474736000 | usd |
CY2021 | us-gaap |
Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
|
461035000 | usd |
CY2020 | us-gaap |
Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
|
382903000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
45709000 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
58123000 | usd |
CY2022Q4 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
209000000 | usd |
CY2022Q4 | us-gaap |
Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
|
0.68 | pure |
CY2022 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
474736000 | usd |
CY2021 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
461035000 | usd |
CY2021 | spns |
Spns Noncash Or Part Noncash Acquisition Other Long Term Assets
spns_NoncashOrPartNoncashAcquisitionOtherLongTermAssets
|
usd | |
CY2022 | spns |
Other Longterm Liabilities
OtherLongtermLiabilities
|
usd | |
CY2021 | spns |
Other Longterm Liabilities
OtherLongtermLiabilities
|
usd | |
CY2022 | spns |
Redeemable Noncontrolling Interests
RedeemableNoncontrollingInterests
|
usd | |
CY2021 | spns |
Redeemable Noncontrolling Interests
RedeemableNoncontrollingInterests
|
usd | |
CY2022Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
1130000 | usd |
CY2021Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
1337000 | usd |
CY2022Q4 | us-gaap |
Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
|
58563000 | usd |
CY2021Q4 | us-gaap |
Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
|
53985000 | usd |
CY2022Q4 | us-gaap |
Unbilled Receivables Current
UnbilledReceivablesCurrent
|
20488000 | usd |
CY2021Q4 | us-gaap |
Unbilled Receivables Current
UnbilledReceivablesCurrent
|
16072000 | usd |
CY2022Q4 | us-gaap |
Unbilled Receivables Not Billable At Balance Sheet Date
UnbilledReceivablesNotBillableAtBalanceSheetDate
|
1169000 | usd |
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
|
15064000 | usd |
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
DeferredRevenuesshorttermContractLiabilities
|
39614000 | usd |
CY2021Q4 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
299000 | usd |
CY2022Q4 | us-gaap |
Other Long Term Debt Current
OtherLongTermDebtCurrent
|
733000 | usd |
CY2021Q4 | us-gaap |
Other Long Term Debt Current
OtherLongTermDebtCurrent
|
784000 | usd |
CY2022Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
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
PaymentsToDevelopSoftware
|
5798000 | usd |
CY2022 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
58656000 | usd |
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
|
usd | |
CY2022 | spns |
Allowance For Doubtful Accounts Receivable Recoveries Collected
AllowanceForDoubtfulAccountsReceivableRecoveriesCollected
|
usd | |
CY2022Q4 | us-gaap |
Derivative Notional Amount
DerivativeNotionalAmount
|
usd | |
CY2021 | us-gaap |
Undistributed Earnings
UndistributedEarnings
|
usd | |
CY2020 | us-gaap |
Undistributed Earnings
UndistributedEarnings
|
usd | |
CY2022 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-1427000 | usd |
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 |