XML 56 R42.htm IDEA: XBRL DOCUMENT v3.8.0.1
SELECTED STATEMENTS OF INCOME DATA (Tables)
12 Months Ended
Dec. 31, 2017
Income Statement Related Disclosures [Abstract]  
Schedule of Research and Development Costs, Net
Research and development, net:

   
Year ended December 31,
 
   
2017
   
2016
   
2015
 
                   
Total costs
 
$
211,406
   
$
151,698
   
$
132,039
 
Less - grants and participations
   
(2,363
)
   
(1,668
)
   
(2,174
)
Less - capitalization of software development costs
   
(27,936
)
   
(8,502
)
   
(1,380
)
                         
   
$
181,107
   
$
141,528
   
$
128,485
 
Schedule of Financial Income and Other, Net
Financial income (expenses) and other, net:

   
Year ended December 31,
 
   
2017
   
2016
   
2015
 
Financial income:
                 
Interest and amortization/accretion of premium/discount on marketable securities, net
 
$
2,537
   
$
5,607
   
$
6,844
 
Exchange rates differences
   
241
     
3,961
     
-
 
Realized gain on marketable securities
   
-
     
3,388
     
32
 
Interest
   
1,149
     
953
     
430
 
                         
     
3,927
     
13,909
     
7,306
 
Financial expenses:
                       
Interest
   
(9,580
)
   
(1,861
)
   
(66
)
Debt issuance costs amortization
   
(6,943
)
   
(338
)
   
-
 
Exchangeable Senior Notes amortization of discount
   
(6,278
)
   
-
     
-
 
Exchange rates differences
   
-
     
-
     
(731
)
Other
   
(1,518
)
   
(925
)
   
(780
)
                         
     
(24,319
)
   
(3,124
)
   
(1,577
)
                         
Other expenses, net
   
(19
)
   
(480
)
   
(425
)
                         
   
$
(20,411
)
 
$
10,305
   
$
5,304
 
Schedule of Computation of Net Earnings Per Share
1.
Numerator:

   
Year ended December 31,
 
   
2017
   
2016
   
2015
 
                   
Net income from continuing operations available to ordinary shareholders
 
$
143,291
   
$
123,069
   
$
140,578
 
Net income from discontinued operations available to ordinary shareholders
   
-
     
(6,149
)
   
118,253
 
                         
Net income to Ordinary shareholders
 
$
143,291
   
$
116,920
   
$
258,831
 
 
2.
Denominator (in thousands):

   
Year ended December 31,
 
   
2017
   
2016
   
2015
 
                   
Denominator for basic net earnings per share:
                 
Weighted average number of shares
   
60,444
     
59,667
     
59,552
 
Effect of dilutive securities:
                       
Add - employee stock options and RSU
   
1,675
     
1,368
     
1,729
 
                         
Denominator for diluted net earnings per share - adjusted weighted average shares
   
62,119
     
61,035
     
61,281