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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 162,620 $ 131,627
Short-term investments 510,048 514,461
Accounts receivable 99,350 60,452
Inventory 84,098 63,953
Other current assets 30,038 21,946
Total current assets 886,154 792,439
PROPERTY AND EQUIPMENT, net of accumulated depreciation of $68,423 and $57,276 96,830 87,872
ACQUIRED TECHNOLOGY, net of accumulated amortization of $147,903 and $132,468 75,364 90,774
OTHER INTANGIBLE ASSETS, net of accumulated amortization of $5,807 and $4,768 11,033 12,072
GOODWILL 15,535 15,535
INVESTMENTS 5,000 5,000
DEFERRED INCOME TAXES 31,978 30,375
OTHER ASSETS 103,067 86,090
TOTAL ASSETS 1,224,961 1,120,157
CURRENT LIABILITIES:    
Accounts payable 9,626 13,296
Accrued expenses 33,692 49,022
Deferred revenue 138,391 97,333
Other current liabilities 1,051 1,857
Total current liabilities 182,760 161,508
DEFERRED REVENUE 51,657 47,529
RETIREMENT PLAN BENEFIT LIABILITY 52,900 51,117
OTHER LIABILITIES 58,008 48,554
Total liabilities 345,325 308,708
COMMITMENTS AND CONTINGENCIES (Note 15)
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, 49,008,915 and 48,852,193 shares issued, and 47,643,267 and 47,486,545 shares outstanding, at September 30, 2020 and December 31, 2019, respectively 490 489
Additional paid-in capital 628,051 620,236
Retained earnings 307,144 249,003
Accumulated other comprehensive loss (14,767) (16,997)
Treasury stock, at cost (1,365,648 shares at September 30, 2020 and December 31, 2019) (41,284) (41,284)
Total shareholders’ equity 879,636 811,449
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,224,961 $ 1,120,157