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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 211,022 $ 132,840
Short-term investments 304,323 287,446
Accounts receivable 43,129 52,355
Inventory 70,000 36,265
Other current assets 6,366 10,276
Total current assets 634,840 519,182
PROPERTY AND EQUIPMENT, net of accumulated depreciation of $44,943 and $36,368 69,739 56,450
ACQUIRED TECHNOLOGY, net of accumulated amortization of $111,890 and $91,312 110,951 131,529
OTHER INTANGIBLE ASSETS, net of accumulated amortization of $3,384 and $2,000 13,456 14,840
GOODWILL 15,535 15,535
INVESTMENTS   14,794
DEFERRED INCOME TAXES 24,377 27,022
OTHER ASSETS 64,526 604
TOTAL ASSETS 933,424 779,956
CURRENT LIABILITIES:    
Accounts payable 10,532 13,774
Accrued expenses 36,057 35,019
Deferred revenue 80,782 14,981
Other current liabilities 5,811 50
Total current liabilities 133,182 63,824
DEFERRED REVENUE 41,785 23,902
RETIREMENT PLAN BENEFIT LIABILITY 44,055 33,176
OTHER LIABILITIES 23,896  
Total liabilities 242,918 120,902
COMMITMENTS AND CONTINGENCIES (Note 16)
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, 200,000,000 shares authorized, 48,681,524 and 48,476,034 shares issued, and 47,319,887 and 47,118,171 shares outstanding at December 31, 2018 and December 31, 2017, respectively 487 485
Additional paid-in capital 617,334 611,063
Retained earnings 129,552 99,126
Accumulated other comprehensive loss (16,234) (11,464)
Treasury stock, at cost (1,361,637 and 1,357,863 shares at December 31, 2018 and December 31, 2017) (40,635) (40,158)
Total shareholders’ equity 690,506 659,054
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 933,424 $ 779,956