XML 46 R4.htm IDEA: XBRL DOCUMENT v3.3.0.814
INTERIM CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues:        
Licensing and related revenue $ 8,600 $ 8,728 $ 24,108 $ 20,989
Royalties 7,635 5,370 19,320 15,998
Total revenues 16,235 14,098 43,428 36,987
Cost of revenues 1,281 1,255 4,016 3,737
Gross profit 14,954 12,843 39,412 33,250
Operating expenses:        
Research and development, net 6,571 6,453 21,175 18,500
Sales and marketing 2,384 2,611 7,358 7,201
General and administrative 2,183 2,223 5,821 6,124
Amortization of intangible assets 325 326 974 326
Total operating expenses 11,463 11,613 35,328 32,151
Operating income 3,491 1,230 4,084 1,099
Financial income, net 401 66 643 943
Other loss   (404)   (404)
Income before taxes on income 3,892 892 4,727 1,638
Income taxes 583 236 764 523
Net income $ 3,309 $ 656 $ 3,963 $ 1,115
Basic and diluted net income per share $ 0.16 $ 0.03 $ 0.19 $ 0.05
Weighted-average shares used to compute net income per share        
Basic 20,448 20,355 20,477 20,761
Diluted 20,811 20,667 20,918 21,132