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Interim Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 24,527 $ 22,260
Short term bank deposits 50,385 46,139
Marketable securities 76,123 77,469
Trade receivables 22,019 26,156
Prepaid expenses and other current assets 7,432 5,264
Total current assets 180,486 177,288
Long-term assets:    
Bank deposits 14,652 21,864
Severance pay fund 9,866 9,026
Deferred tax assets, net 6,446 5,924
Property and equipment, net 7,416 7,344
Operating lease right-of-use assets 9,736
Goodwill 46,612 46,612
Intangible assets, net 2,122 2,700
Investments in other company 936 936
Other long-term assets 6,493 5,569
Total long-term assets 104,279 99,975
Total assets 284,765 277,263
Current liabilities:    
Trade payables 542 632
Deferred revenues 2,395 3,593
Accrued expenses and other payables 4,490 4,344
Accrued payroll and related benefits 12,081 13,183
Operating lease liabilities 1,824
Total current liabilities 21,332 21,752
Long-term liabilities:    
Accrued severance pay 10,592 9,632
Operating lease liabilities 7,621
Other accrued liabilities 575
Total long-term liabilities 18,788 9,632
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, 2019 (unaudited) and December 31, 2018. 21,893,128 and 21,787,860 shares outstanding at June 30, 2019 (unaudited) and December 31, 2018, respectively 22 22
Additional paid in-capital 223,306 223,250
Treasury stock at cost (1,702,032 and 1,807,300 shares of common stock at June 30, 2019 (unaudited) and December 31, 2018, respectively) (37,498) (39,132)
Accumulated other comprehensive income (loss) 64 (1,114)
Retained earnings 58,751 62,853
Total stockholders’ equity 244,645 245,879
Total liabilities and stockholders’ equity $ 284,765 $ 277,263