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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 40,934 $ 64,773
Restricted cash 5,100 5,000
Short-term and restricted bank deposits 84,817 1,416
Short-term marketable securities and accrued interest 449  
Trade receivables (net of allowance of $548 and $570 at December 31, 2020 and 2019, respectively) 34,518 27,501
Other receivables and prepaid expenses 8,631 5,626
Inventories 29,193 28,275
Total current assets 203,642 132,591
LONG-TERM ASSETS:    
Long-term and restricted bank deposits 94 694
Long-term marketable securities and accrued interest 54,895  
Deferred tax assets 12,081 20,466
Operating lease right-of-use assets 25,430 29,688
Severance pay funds 20,597 19,370
Total long-term assets 113,097 70,218
PROPERTY AND EQUIPMENT, NET 4,593 4,392
INTANGIBLE ASSETS, NET 569 901
GOODWILL 36,222 36,222
Total assets 358,123 244,324
CURRENT LIABILITIES:    
Current maturities of long-term bank loans 1,200 2,473
Trade payables 6,984 6,628
Other payables and accrued expenses 28,531 24,692
Short-term royalty buyout liability (Note 11b) 11,684 10,750
Deferred revenues 37,182 33,538
Short-term operating lease liabilities 9,178 8,579
Total current liabilities 94,759 86,660
LONG-TERM LIABILITIES:    
Accrued severance pay 21,830 20,313
Long-term bank loans, net of current maturities   1,200
Long-term royalty buyout liability (Note 11b)   10,749
Deferred revenues and other liabilities 12,243 9,831
Long-term operating lease liabilities 19,436 23,097
Total long-term liabilities 53,509 65,190
COMMITMENTS AND CONTINGENT LIABILITIES (Note 11)
SHAREHOLDERS' EQUITY:    
Share capital: Ordinary shares of NIS 0.01 par value - Authorized: 100,000,000 shares as of December 31, 2020 and 2019; Issued: 62,489,428 and 59,040,697 shares as of December 31, 2020 and 2019, respectively; Outstanding: 33,017,814 and 29,569,083 shares as of December 31, 2020 and 2019, respectively 105 94
Additional paid-in capital 362,164 265,372
Treasury stock at cost - 29,471,614 shares as of December 31, 2020 and 2019 (137,793) (137,793)
Accumulated other comprehensive income 1,772  
Accumulated deficit (16,393) (35,199)
Total shareholders' equity 209,855 92,474
Total liabilities and shareholders' equity $ 358,123 $ 244,324