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Interim Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 39,778 $ 33,153
Short-term bank deposits 29,972 31,410
Marketable securities 92,625 90,298
Trade receivables (net of allowance for credit losses of $288 as of March 31, 2022 and December 31, 2021) 23,508 27,449
Prepaid expenses and other current assets 11,421 6,670
Total current assets 197,304 188,980
Long-term assets:    
Severance pay fund 10,011 10,175
Deferred tax assets, net 17,502 15,850
Property and equipment, net 7,842 6,765
Operating lease right-of-use assets 8,402 8,827
Goodwill 74,777 74,777
Intangible assets, net 13,440 14,607
Investments in marketable equity securities 1,788 2,919
Other long-term assets 3,974 5,759
Total long-term assets 137,736 139,679
Total assets 335,040 328,659
Current liabilities:    
Trade payables 3,176 1,464
Deferred revenues 8,731 8,661
Accrued expenses and other payables 4,127 4,030
Accrued payroll and related benefits 21,604 18,011
Operating lease liabilities 3,149 3,274
Total current liabilities 40,787 35,440
Long-term liabilities:    
Accrued severance pay 10,666 10,551
Operating lease liabilities 4,707 5,130
Other accrued liabilities 801 806
Total long-term liabilities 16,174 16,487
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, 2022 and December 31, 2021. 23,204,274 and 22,984,552 shares outstanding at March 31, 2022 and December 31, 2021, respectively 23 23
Additional paid in-capital 235,563 235,386
Treasury stock at cost (390,886 and 610,608 shares of common stock at March 31, 2022 and December 31, 2021, respectively) (8,828) (13,790)
Accumulated other comprehensive loss (2,438) (372)
Retained earnings 53,759 55,485
Total stockholders’ equity 278,079 276,732
Total liabilities and stockholders’ equity $ 335,040 $ 328,659