XML 72 R2.htm IDEA: XBRL DOCUMENT v3.20.1
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 222,744 $ 131,627
Short-term investments 417,032 514,461
Accounts receivable 82,592 60,452
Inventory 74,068 63,953
Other current assets 15,635 21,946
Total current assets 812,071 792,439
PROPERTY AND EQUIPMENT, net of accumulated depreciation of $60,891 and $57,276 88,350 87,872
ACQUIRED TECHNOLOGY, net of accumulated amortization of $137,613 and $132,468 85,629 90,774
OTHER INTANGIBLE ASSETS, net of accumulated amortization of $5,113 and $4,768 11,727 12,072
GOODWILL 15,535 15,535
INVESTMENTS 5,000 5,000
DEFERRED INCOME TAXES 28,729 30,375
OTHER ASSETS 89,335 86,090
TOTAL ASSETS 1,136,376 1,120,157
CURRENT LIABILITIES:    
Accounts payable 10,370 13,296
Accrued expenses 21,648 49,022
Deferred revenue 99,565 97,333
Other current liabilities 4,971 1,857
Total current liabilities 136,554 161,508
DEFERRED REVENUE 49,866 47,529
RETIREMENT PLAN BENEFIT LIABILITY 51,711 51,117
OTHER LIABILITIES 51,548 48,554
Total liabilities 289,679 308,708
COMMITMENTS AND CONTINGENCIES (Note 15)
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, 48,910,232 and 48,852,193 shares issued, and 47,544,584 and 47,486,545 shares outstanding, at March 31, 2020 and December 31, 2019, respectively 489 489
Additional paid-in capital 621,967 620,236
Retained earnings 280,060 249,003
Accumulated other comprehensive loss (14,537) (16,997)
Treasury stock, at cost (1,365,648 shares at March 31, 2020 and December 31, 2019) (41,284) (41,284)
Total shareholders’ equity 846,697 811,449
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,136,376 $ 1,120,157