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INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 18,664 $ 18,909
Short term bank deposits 51,470 30,767
Marketable securities 52,383 48,266
Trade receivables, net 10,775 4,068
Prepaid expenses and other current assets 3,826 4,017
Total current assets 137,118 106,027
Long term bank deposits 15,099 41,334
Severance pay fund 7,720 7,297
Deferred tax assets 1,884 1,628
Property and equipment, net 4,105 3,731
Goodwill 46,612 46,612
Intangible assets, net 3,596 4,214
Other long-term assets 3,972 1,806
Total long-term assets 82,988 106,622
Total assets 220,106 212,649
Current liabilities:    
Trade payables 1,249 693
Deferred revenues 2,113 2,763
Accrued expenses and other payables 3,623 3,633
Accrued payroll and related benefits 10,843 11,894
Total current liabilities 17,828 18,983
Long term liabilities:    
Accrued severance pay 8,201 7,571
Total long-term liabilities 8,201 7,571
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 at June 30, 2016 and December 31, 2015. 20,805,905 and 20,529,933 shares outstanding at June 30, 2016 and December 31, 2015, respectively 21 21
Additional paid in-capital 209,334 208,744
Treasury stock at cost (2,789,255 and 3,065,227 shares of common stock at June 30, 2016 and December 31, 2015, respectively) (47,463) (51,798)
Accumulated other comprehensive loss (6) (419)
Retained earnings 32,191 29,547
Total stockholders' equity 194,077 186,095
Total liabilities and stockholders' equity $ 220,106 $ 212,649