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INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 12,621 $ 18,401
Short term bank deposits 36,799 46,247
Marketable securities 64,255 61,868
Trade receivables 13,777 15,044
Prepaid expenses and other current assets 4,596 3,152
Total current assets 132,048 144,712
Long term bank deposits 49,972 29,977
Severance pay fund 8,335 7,941
Deferred tax assets 2,572 2,252
Property and equipment, net 5,826 4,805
Goodwill 46,612 46,612
Intangible assets, net 2,669 2,978
Other long-term assets 3,575 3,218
Total long-term assets 119,561 97,783
Total assets 251,609 242,495
Current liabilities:    
Trade payables 381 571
Deferred revenues 6,283 6,258
Accrued expenses and other payables 3,869 4,015
Accrued payroll and related benefits 12,023 11,751
Total current liabilities 22,556 22,595
Long term liabilities:    
Accrued severance pay 8,875 8,349
Total long-term liabilities 8,875 8,349
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 March 31, 2017 (unaudited) and December 31, 2016. 21,530,563 and 21,273,500 shares outstanding at March 31, 2017 (unaudited) and December 31, 2016, respectively 22 21
Additional paid in-capital 212,632 212,103
Treasury stock at cost (2,064,597 and 2,321,660 shares of common stock at March 31, 2017 (unaudited) and December 31, 2016, respectively) (35,133) (39,507)
Accumulated other comprehensive loss (289) (497)
Retained earnings 42,946 39,431
Total stockholders' equity 220,178 211,551
Total liabilities and stockholders' equity $ 251,609 $ 242,495