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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 139,365 $ 97,513
Short-term investments 188,644 297,981
Accounts receivable 24,994 24,729
Inventory 17,314 12,748
Deferred income taxes 8,661 12,326
Other current assets 6,392 2,387
Total current assets 385,370 447,684
PROPERTY AND EQUIPMENT, net of accumulated depreciation of $32,167 and $27,897 27,203 22,407
ACQUIRED TECHNOLOGY, net of accumulated amortization of $70,714 and $54,837 152,127 72,015
OTHER INTANGIBLE ASSETS, net of accumulated amortization of $615 and none 16,225  
GOODWILL 15,535  
INVESTMENTS 14,960 2,187
DEFERRED INCOME TAXES 15,832 14,945
OTHER ASSETS 307 174
TOTAL ASSETS 627,559 559,412
CURRENT LIABILITIES:    
Accounts payable 8,112 6,849
Accrued expenses 19,845 17,387
Deferred revenue 10,282 10,107
Other current liabilities 1,967 167
Total current liabilities 40,206 34,510
DEFERRED REVENUE 31,322 35,543
RETIREMENT PLAN BENEFIT LIABILITY 27,563 22,594
Total liabilities 99,091 92,647
COMMITMENTS AND CONTINGENCIES (Note 16)
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, 48,270,990 and 48,132,223 shares issued, and 46,913,127 and 46,774,360 shares outstanding at December 31, 2016 and December 31, 2015, respectively 483 482
Additional paid-in capital 604,364 589,885
Accumulated deficit (25,557) (73,627)
Accumulated other comprehensive loss (10,666) (9,819)
Treasury stock, at cost (1,357,863 shares at December 31, 2016 and December 31, 2015) (40,158) (40,158)
Total shareholders’ equity 528,468 466,765
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 627,559 $ 559,412