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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 630,012 $ 131,627
Short-term investments 99,996 514,461
Accounts receivable 82,261 60,452
Inventory 91,591 63,953
Other current assets 20,746 21,946
Total current assets 924,606 792,439
PROPERTY AND EQUIPMENT, net of accumulated depreciation of $72,493 and $57,276 102,113 87,872
ACQUIRED TECHNOLOGY, net of accumulated amortization of $153,050 and $132,468 70,253 90,774
OTHER INTANGIBLE ASSETS, net of accumulated amortization of $6,155 and $4,768 10,685 12,072
GOODWILL 15,535 15,535
INVESTMENTS 5,000 5,000
DEFERRED INCOME TAXES 37,695 30,375
OTHER ASSETS 103,341 86,090
TOTAL ASSETS 1,269,228 1,120,157
CURRENT LIABILITIES:    
Accounts payable 13,801 13,296
Accrued expenses 41,404 49,022
Deferred revenue 105,215 97,333
Other current liabilities 4,540 1,857
Total current liabilities 164,960 161,508
DEFERRED REVENUE 57,086 47,529
RETIREMENT PLAN BENEFIT LIABILITY 78,527 51,117
OTHER LIABILITIES 55,941 48,554
Total liabilities 356,514 308,708
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, 49,013,476 and 48,852,193 shares issued, and 47,647,828 and 47,486,545 shares outstanding at December 31, 2020 and December 31, 2019, respectively 490 489
Additional paid-in capital 635,595 620,236
Retained earnings 353,930 249,003
Accumulated other comprehensive loss (36,019) (16,997)
Treasury stock, at cost (1,365,648 shares at December 31, 2020 and December 31, 2019) (41,284) (41,284)
Total shareholders’ equity 912,714 811,449
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,269,228 $ 1,120,157