XML 47 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and cash equivalents $ 131,627 $ 211,022
Short-term investments 514,461 304,323
Accounts receivable 60,452 43,129
Inventory 63,953 70,000
Other current assets 21,946 6,366
Total current assets 792,439 634,840
PROPERTY AND EQUIPMENT, net of accumulated depreciation of $57,276 and $44,943 87,872 69,739
ACQUIRED TECHNOLOGY, net of accumulated amortization of $132,468 and $111,890 90,774 110,951
OTHER INTANGIBLE ASSETS, net of accumulated amortization of $4,768 and $3,384 12,072 13,456
GOODWILL 15,535 15,535
INVESTMENTS 5,000  
DEFERRED INCOME TAXES 30,375 24,377
OTHER ASSETS 86,090 64,526
TOTAL ASSETS 1,120,157 933,424
CURRENT LIABILITIES:    
Accounts payable 13,296 10,532
Accrued expenses 49,022 36,057
Deferred revenue 97,333 80,782
Other current liabilities 1,857 5,811
Total current liabilities 161,508 133,182
DEFERRED REVENUE 47,529 41,785
RETIREMENT PLAN BENEFIT LIABILITY 51,117 44,055
OTHER LIABILITIES 48,554 23,896
Total liabilities 308,708 242,918
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, 200,000,000 shares authorized, 48,852,193 and 48,681,524 shares issued, and 47,486,545 and 47,319,887 shares outstanding at December 31, 2019 and December 31, 2018, respectively 489 487
Additional paid-in capital 620,236 617,334
Retained earnings 249,003 129,552
Accumulated other comprehensive loss (16,997) (16,234)
Treasury stock, at cost (1,365,648 and 1,361,637 shares at December 31, 2019 and December 31, 2018, respectively) (41,284) (40,635)
Total shareholders’ equity 811,449 690,506
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,120,157 $ 933,424