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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 18,401 $ 18,909
Short-term bank deposits 46,247 30,767
Marketable securities (Note 3) 61,868 48,266
Trade receivables (net of allowance for doubtful accounts of $0 and $25 at December 31, 2016 and December 31, 2015, respectively) 15,044 4,068
Prepaid expenses and other current assets 3,152 4,017
Total current assets 144,712 106,027
Long-term assets:    
Bank deposits 29,977 41,334
Severance pay fund 7,941 7,297
Deferred tax assets (Note 13) 2,252 1,628
Property and equipment, net (Note 5) 4,805 3,731
Goodwill 46,612 46,612
Intangible assets, net (Note 6) 2,978 4,214
Investments in other company 1,806 1,806
Other long-term assets 1,412  
Total long-term assets 97,783 106,622
Total assets 242,495 212,649
Current liabilities:    
Trade payables 571 693
Deferred revenues 6,258 2,763
Accrued expenses and other payables (Note 7) 4,015 3,633
Accrued payroll and related benefits 11,751 11,894
Total current liabilities 22,595 18,983
Long-term liabilities:    
Accrued severance pay 8,349 7,571
Total long-term liabilities 8,349 7,571
Stockholders' equity (Note 8):    
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 December 31, 2015 and 2016; 20,529,933 and 21,273,500 shares outstanding at December 31, 2015 and 2016, respectively 21 21
Additional paid in-capital 212,103 208,744
Treasury stock at cost (3,065,227 and 2,321,660 shares of common stock at December 31, 2015 and 2016, respectively) (39,507) (51,798)
Accumulated other comprehensive loss (Note 10) (497) (419)
Retained earnings 39,431 29,547
Total stockholders' equity 211,551 186,095
Total liabilities and stockholders' equity $ 242,495 $ 212,649