XML 12 R2.htm IDEA: XBRL DOCUMENT v3.21.1
Interim Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 53,662 $ 21,143
Short-term bank deposits 8,435 20,233
Marketable securities 83,884 88,754
Trade receivables (net of allowance for credit losses of $300 as of March 31, 2021 and December 31, 2020) 24,631 31,224
Prepaid expenses and other current assets 8,061 6,205
Total current assets 178,673 167,559
Long-term assets:    
Bank deposits 28,156 29,529
Severance pay fund 10,403 10,535
Deferred tax assets, net 11,931 10,826
Property and equipment, net 7,829 7,586
Operating lease right-of-use assets 8,354 9,052
Goodwill 51,070 51,070
Intangible assets, net 10,190 10,836
Investments in non-marketable equity securities 936 936
Other long-term assets 7,991 9,023
Total long-term assets 136,860 139,393
Total assets 315,533 306,952
Current liabilities:    
Trade payables 818 894
Deferred revenues 3,394 2,434
Accrued expenses and other payables 3,393 3,843
Accrued payroll and related benefits 26,480 18,040
Operating lease liabilities 2,834 2,969
Total current liabilities 36,919 28,180
Long-term liabilities:    
Accrued severance pay 11,000 11,226
Operating lease liabilities 5,056 5,772
Other accrued liabilities 909 885
Total long-term liabilities 16,965 17,883
Stockholders’ equity:    
Preferred Stock: $0.001 par value: 5,000,000 shares authorized; none issued and outstanding 0 0
Common Stock: $0.001 par value: 45,000,000 shares authorized; 23,595,160 shares issued at March 31, 2021 (unaudited) and December 31, 2020. 22,811,090 and 22,260,917 shares outstanding at March 31, 2021 (unaudited) and December 31, 2020, respectively 23 22
Additional paid in-capital 227,671 233,172
Treasury stock at cost (784,070 and 1,334,243 shares of common stock at March 31, 2021 (unaudited) and December 31, 2020, respectively) (17,708) (30,133)
Accumulated other comprehensive income 93 478
Retained earnings 51,570 57,350
Total stockholders’ equity 261,649 260,889
Total liabilities and stockholders’ equity $ 315,533 $ 306,952