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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
ASSETS    
Cash and cash equivalents $ 37,744 $ 28,711
Short-term bank deposits 0 2,170
Available-for-sale marketable securities (Note 4) 890 1,241
Trade receivables (net of allowance for doubtful accounts of $ 1,927 and $ 2,103 at December 31, 2011 and 2012, respectively) 28,367 24,946
Other accounts receivable and prepaid expenses (Note 6) 6,696 6,401
Total current assets 73,697 63,469
LONG-TERM RECEIVABLES:    
Severance pay fund 351 351
Other long-term receivables 2,287 3,824
Total long-term receivables 2,638 4,175
PROPERTY AND EQUIPMENT, NET (Note 7) 1,898 2,029
INTANGIBLE ASSETS, NET (Note 8) 29,661 27,401
GOODWILL (Note 9) 44,344 38,897
Total assets 152,238 135,971
LIABILITIES AND SHAREHOLDERS' EQUITY    
Trade payables 4,722 3,545
Accrued expenses and other accounts payable (Note 10) 17,537 15,752
Deferred tax liability 2,355 2,509
Deferred revenues 4,160 5,359
Total current liabilities 28,774 27,165
ACCRUED SEVERANCE PAY 1,245 1,087
LONG TERM LIABILITIES: 750 744
LIABILITIES DUE TO ACQUISITION ACTIVITIES (Note 3) 1,192 1,350
COMMITMENTS AND CONTINGENCIES (Note 14)      
REDEEMABLE NON-CONTROLLING INTEREST 2,160 0
SHAREHOLDERS' EQUITY (Note 12):    
Ordinary shares of NIS 0.1 par value - Authorized: 50,000,000 shares at December 31, 2011 and 2012; Issued and Outstanding: 36,490,020 and 36,626,728 shares at December 31, 2011 and 2012, respectively 811 808
Additional paid-in capital 125,288 124,616
Accumulated other comprehensive loss (586) (19)
Accumulated deficit (7,727) (20,249)
Total Magic shareholders' equity 117,786 105,156
Non-controlling interests 331 469
Total shareholders' equity 118,117 105,625
Total liabilities, redeemable non-controlling interest and shareholders' equity $ 152,238 $ 135,971