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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 303,687 $ 245,014
Short-term bank deposits 5,450 450
Marketable securities 1,442,642 1,165,266
Trade receivables, net 495,390 472,223
Prepaid expenses and other current assets 74,738 81,478
Total current assets 2,321,907 1,964,431
LONG-TERM ASSETS:    
Marketable securities 2,287,345 2,437,315
Property and equipment, net 78,514 77,767
Deferred tax asset, net 84,688 119,431
Other intangible assets, net 40,967 18,395
Goodwill 950,572 812,012
Other assets 64,220 33,575
Total long-term assets 3,506,306 3,498,495
Total assets 5,828,213 5,462,926
CURRENT LIABILITIES:    
Trade payables 20,763 12,222
Employees and payroll accruals 156,958 139,848
Deferred revenues 980,175 878,287
Accrued expenses and other current liabilities 173,974 176,568
Total current liabilities 1,331,870 1,206,925
LONG-TERM LIABILITIES:    
Deferred revenues 357,779 308,286
Income tax accrual 356,750 337,453
Accrued severance pay 9,425 10,139
Total long-term liabilities 723,954 655,878
Total liabilities 2,055,824 1,862,803
SHAREHOLDERS' EQUITY:    
Ordinary shares, NIS 0.01 par value, 500,000,000 shares authorized at December 31, 2018 and 2017; 261,223,970 shares issued at December 31, 2018 and 2017; 155,380,498 and 159,034,688 shares outstanding at December 31, 2018 and 2017, respectively 774 774
Additional paid-in capital 1,597,800 1,305,130
Treasury shares at cost 105,843,472 and 102,189,282 ordinary shares at December 31, 2018 and 2017, respectively (6,844,702) (5,893,182)
Accumulated other comprehensive loss (24,497) (15,634)
Retained earnings 9,043,014 8,203,035
Total shareholders' equity 3,772,389 3,600,123
Total liabilities and shareholders' equity $ 5,828,213 $ 5,462,926