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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 109,438 $ 139,365
Short-term investments 256,117 188,644
Accounts receivable 39,702 24,994
Inventory 24,437 17,314
Deferred income taxes   8,661
Other current assets 7,191 6,392
Total current assets 436,885 385,370
PROPERTY AND EQUIPMENT, net of accumulated depreciation of $34,409 and $32,167 38,691 27,203
ACQUIRED TECHNOLOGY, net of accumulated amortization of $81,013 and $70,714 141,828 152,127
OTHER INTANGIBLE ASSETS, net of accumulated amortization of $1,303 and $615 15,537 16,225
GOODWILL 15,535 15,535
INVESTMENTS 14,775 14,960
DEFERRED INCOME TAXES 44,067 15,832
OTHER ASSETS 317 307
TOTAL ASSETS 707,635 627,559
CURRENT LIABILITIES:    
Accounts payable 17,772 8,112
Accrued expenses 12,442 19,845
Deferred revenue 10,061 10,282
Other current liabilities 1,146 1,967
Total current liabilities 41,421 40,206
DEFERRED REVENUE 27,174 31,322
RETIREMENT PLAN BENEFIT LIABILITY 31,228 27,563
Total liabilities 99,823 99,091
COMMITMENTS AND CONTINGENCIES (Note 14)
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, 48,444,492 and 48,270,990 shares issued, and 47,086,629 and 46,913,127 shares outstanding, at June 30, 2017 and December 31, 2016, respectively 484 483
Additional paid-in capital 603,438 604,364
Retained earnings (accumulated deficit) 55,617 (25,557)
Accumulated other comprehensive loss (11,571) (10,666)
Treasury stock, at cost (1,357,863 shares at June 30, 2017 and December 31, 2016) (40,158) (40,158)
Total shareholders’ equity 607,812 528,468
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 707,635 $ 627,559