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INTERIM CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues:        
Revenues $ 21,413 $ 24,044 $ 56,476 $ 65,906
Cost of revenues 2,006 1,726 5,966 5,030
Gross profit 19,407 22,318 50,510 60,876
Operating expenses:        
Research and development, net 11,897 10,031 35,756 30,413
Sales and marketing 2,727 3,057 9,302 9,422
General and administrative 2,406 2,711 8,193 7,388
Amortization of intangible assets 225 309 676 927
Total operating expenses 17,255 16,108 53,927 48,150
Operating income (loss) 2,152 6,210 (3,417) 12,726
Financial income, net 831 821 2,535 2,147
Income (loss) before taxes on income 2,983 7,031 (882) 14,873
Income taxes expense 440 1,181 847 1,008
Net income $ 2,543 $ 5,850 $ (1,729) $ 13,865
Basic net income (loss) per share $ 0.12 $ 0.27 $ (0.08) $ 0.64
Diluted net income (loss) per share $ 0.11 $ 0.26 $ (0.08) $ 0.62
Weighted-average shares used to compute net income (loss) per share (in thousands):        
Basic 21,997 21,946 22,091 21,687
Diluted 22,428 22,683 22,091 22,480
Licensing and Related Revenue        
Revenues:        
Revenues $ 9,786 $ 14,021 $ 29,907 $ 33,893
Royalties        
Revenues:        
Revenues $ 11,627 $ 10,023 $ 26,569 $ 32,013