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INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 19,998 $ 18,909
Short term bank deposits 40,953 30,767
Marketable securities 58,930 48,266
Trade receivables, net 17,250 4,068
Prepaid expenses and other current assets 2,945 4,017
Total current assets 140,076 106,027
Long term bank deposits 25,135 41,334
Severance pay fund 8,072 7,297
Deferred tax assets 2,116 1,628
Property and equipment, net 4,831 3,731
Goodwill 46,612 46,612
Intangible assets, net 3,287 4,214
Other long-term assets 4,358 1,806
Total long-term assets 94,411 106,622
Total assets 234,487 212,649
Current liabilities:    
Trade payables 1,116 693
Deferred revenues 4,032 2,763
Accrued expenses and other payables 4,490 3,633
Accrued payroll and related benefits 11,641 11,894
Total current liabilities 21,279 18,983
Long term liabilities:    
Accrued severance pay 8,533 7,571
Total long-term liabilities 8,533 7,571
Stockholders' equity:    
Preferred Stock: $0.001 par value: 5,000,000 shares authorized; none issued and outstanding
Common Stock: $0.001 par value: 60,000,000 shares authorized; 23,595,160 shares issued at September 30, 2016 and December 31, 2015. 21,221,631 and 20,529,933 shares outstanding at September 30, 2016 and December 31, 2015, respectively 21 21
Additional paid in-capital 210,519 208,744
Treasury stock at cost (2,373,529 and 3,065,227 shares of common stock at September 30, 2016 and December 31, 2015, respectively) (40,390) (51,798)
Accumulated other comprehensive income (loss) 33 (419)
Retained earnings 34,492 29,547
Total stockholders' equity 204,675 186,095
Total liabilities and stockholders' equity $ 234,487 $ 212,649