XML 56 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
REVENUES:      
Products $ 77,212 $ 85,562 $ 71,790
Services 18,956 17,266 14,830
Total revenues 96,168 102,828 86,620
COST OF REVENUES:      
Products 31,734 33,789 29,056
Services 13,280 11,043 10,148
Total cost of revenues 45,014 44,832 39,204
GROSS PROFIT 51,154 57,996 47,416
OPERATING EXPENSES:      
Research and development, net of participation by the Office of the Chief Scientist of $1,679, $2,155, and $2,212, respectively (Note 7a) 24,594 18,677 12,445
Sales and marketing 11,998 11,373 10,133
General and administrative 3,978 3,229 2,968
Total operating expenses 40,570 33,279 25,546
OPERATING INCOME 10,584 24,717 21,870
INTEREST INCOME, NET 1,368 901 305
INCOME BEFORE INCOME TAXES 11,952 25,618 22,175
INCOME TAXES EXPENSES (BENEFIT) 124 (2,500)   
NET INCOME FOR THE YEAR $ 11,828 $ 28,118 $ 22,175
Net income per share:      
Basic $ 0.44 $ 1.07 $ 0.91
Diluted $ 0.43 $ 1.04 $ 0.86
Shares used in calculation of net income per share:      
Basic 26,619 26,232 24,448
Diluted 27,277 26,931 25,692