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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
CURRENT ASSETS:    
Cash and cash equivalents $ 37,391 $ 70,586
Short-term investments 230,968 202,024
Accounts receivable 22,107 15,657
Inventory 29,834 10,595
Deferred income taxes 17,363 21,563
Other current assets 13,335 6,623
Total current assets 350,998 327,048
PROPERTY AND EQUIPMENT, net of accumulated depreciation of $24,235 and $22,756 17,860 14,893
ACQUIRED TECHNOLOGY, net of accumulated amortization of $41,089 and $32,841 85,763 94,011
INVESTMENTS 2,606 7,417
DEFERRED INCOME TAXES 14,435 19,143
OTHER ASSETS 508 242
TOTAL ASSETS 472,170 462,754
CURRENT LIABILITIES:    
Accounts payable 7,039 5,256
Accrued expenses 10,320 16,039
Deferred revenue 2,036 1,910
Other current liabilities 493 24
Total current liabilities 19,888 23,229
DEFERRED REVENUE 2,245 2,403
RETIREMENT PLAN BENEFIT LIABILITY 10,257 9,436
Total liabilities 32,390 35,068
COMMITMENTS AND CONTINGENCIES (Note 12)     
SHAREHOLDERS' EQUITY:    
Preferred Stock, par value $0.01 per share, 5,000,000 shares authorized, 200,000 shares of Series A Nonconvertible Preferred Stock issued and outstanding (liquidation value of $7.50 per share or $1,500) 2 2
Common Stock, par value $0.01 per share, 100,000,000 shares authorized, 46,944,116 and 46,825,168 shares issued and outstanding at September 30, 2014 and December 31, 2013, respectively 469 468
Additional paid-in capital 577,971 572,401
Accumulated deficit (101,431) (130,159)
Accumulated other comprehensive loss (4,073) (4,368)
Treasury stock, at cost (1,115,829 and 401,501 shares at September 30, 2014 and December 31, 2013, respectively) (33,158) (10,658)
Total shareholders’ equity 439,780 427,686
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 472,170 $ 462,754