XML 19 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 69,930 $ 97,513
Short-term investments 246,281 297,981
Accounts receivable 17,984 24,729
Inventory 16,467 12,748
Deferred income taxes 10,097 12,326
Other current assets 5,561 2,387
Total current assets 366,320 447,684
PROPERTY AND EQUIPMENT, net of accumulated depreciation of $29,736 and $27,897 22,610 22,407
ACQUIRED TECHNOLOGY, net of accumulated amortization of $60,416 and $54,837 162,469 72,015
INVESTMENTS 15,767 2,187
DEFERRED INCOME TAXES 12,293 14,945
OTHER ASSETS 543 174
TOTAL ASSETS 580,002 559,412
CURRENT LIABILITIES:    
Accounts payable 6,368 6,849
Accrued expenses 10,701 17,387
Deferred revenue 10,232 10,107
Other current liabilities 423 167
Total current liabilities 27,724 34,510
DEFERRED REVENUE 34,066 35,543
RETIREMENT PLAN BENEFIT LIABILITY 24,292 22,594
Total liabilities 86,082 92,647
COMMITMENTS AND CONTINGENCIES (Note 13)
SHAREHOLDERS' EQUITY:    
Preferred Stock, par value $0.01 per share, 5,000,000 shares authorized, 200,000 shares of Series A Nonconvertible Preferred Stock issued and outstanding (liquidation value of $7.50 per share or $1,500) 2 2
Common Stock, par value $0.01 per share, 100,000,000 shares authorized, 48,302,603 and 48,132,223 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively 483 482
Additional paid-in capital 593,170 589,885
Accumulated deficit (49,876) (73,627)
Accumulated other comprehensive loss (9,701) (9,819)
Treasury stock, at cost (1,357,863 shares at June 30, 2016 and December 31, 2015) (40,158) (40,158)
Total shareholders’ equity 493,920 466,765
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 580,002 $ 559,412