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INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 11,607 $ 18,422
Short term bank deposits 33,467 47,229
Marketable securities 80,503 69,343
Trade receivables 9,144 6,232
Deferred tax assets 2,810 2,065
Prepaid expenses and other current assets 2,438 2,361
Total current assets 139,969 145,652
Long term bank deposits 28,370 23,050
Severance pay fund 6,940 6,130
Deferred tax assets 1,182 1,178
Property and equipment, net 1,723 1,392
Goodwill 36,498 36,498
Investments in other companies 3,367 2,433
Total long-term assets 78,080 70,681
Total assets 218,049 216,333
Current liabilities:    
Trade payables 674 1,176
Deferred revenues 513 865
Accrued expenses and other payables 2,570 3,462
Accrued payroll and related benefits 6,631 6,978
Income taxes payable, net 1,863 1,626
Total current liabilities 12,251 14,107
Long term liabilities:    
Accrued severance pay 7,034 6,158
Stockholders' equity:    
Preferred Stock: $0.001 par value: 5,000,000 shares authorized; none issued and outstanding      
Common Stock: $0.001 par value: 60,000,000 shares authorized; 23,595,160 shares issued both at September 30, 2013 and December 31, 2012, and 21,983,121 and 22,187,367 shares outstanding at September 30, 2013 and December 31, 2012, respectively 22 22
Additional paid in-capital 202,919 198,495
Treasury stock at cost (1,612,039 and 1,407,793 shares of common stock at September 30, 2013 and December 31, 2012, respectively) (28,596) (25,694)
Accumulated other comprehensive income (loss) (121) 360
Retained earnings 24,540 22,885
Total stockholders' equity 198,764 196,068
Total liabilities and stockholders' equity $ 218,049 $ 216,333