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INTERIM CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Licensing and related revenue $ 7,470 $ 7,669 $ 16,120 $ 15,508
Royalties 9,633 5,690 17,491 11,685
Total revenues 17,103 13,359 33,611 27,193
Cost of revenues 1,403 1,550 3,031 2,735
Gross profit 15,700 11,809 30,580 24,458
Operating expenses:        
Research and development, net 7,811 7,241 15,725 14,604
Sales and marketing 2,855 2,548 5,700 4,974
General and administrative 2,078 1,666 4,068 3,638
Amortization of intangible assets 309 324 618 649
Total operating expenses 13,053 11,779 26,111 23,865
Operating income 2,647 30 4,469 593
Financial income, net 561 269 1,002 242
Income before taxes on income 3,208 299 5,471 835
Income taxes 497 131 960 181
Net income $ 2,711 $ 168 $ 4,511 $ 654
Basic net income per share $ 0.13 $ 0.01 $ 0.22 $ 0.03
Diluted net income per share $ 0.13 $ 0.01 $ 0.21 $ 0.03
Weighted-average shares used to compute net income per share:        
Basic 20,604 20,564 20,562 20,491
Diluted 21,371 20,984 21,149 20,971