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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues:      
Products and licenses $ 572,964 $ 555,792 $ 520,312
Subscriptions 389,885 318,624 265,021
Software updates and maintenance 778,452 755,422 710,483
Total revenues 1,741,301 1,629,838 1,495,816
Operating expenses:      
Cost of products and licenses [1] 105,967 101,158 95,868
Cost of subscriptions [1] 10,841 7,623 5,626
Cost of software updates and maintenance [1] 83,011 78,468 74,807
Amortization of technology 2,184 1,808 240
Total cost of revenues 202,003 189,057 176,541
Research and development 178,372 149,279 133,300
Selling and marketing 420,526 359,804 306,363
General and administrative 88,130 91,981 78,558
Total operating expenses 889,031 790,121 694,762
Operating income 852,270 839,717 801,054
Financial income, net 44,402 34,073 28,762
Income before taxes on income 896,672 873,790 829,816
Taxes on income 171,825 187,924 170,245
Net income $ 724,847 $ 685,866 $ 659,571
Basic earnings per ordinary share $ 4.26 $ 3.83 $ 3.50
Diluted earnings per ordinary share $ 4.18 $ 3.74 $ 3.43
[1] Not including amortization of technology shown separately below.