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Interim Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
ASSETS    
Cash and cash equivalents $ 21,469 $ 22,260
Short term bank deposits 57,753 46,139
Marketable securities 77,587 77,469
Trade receivables 19,351 26,156
Prepaid expenses and other current assets 7,630 5,264
Total current assets 183,790 177,288
Long-term bank deposits 14,510 21,864
Severance pay fund 9,629 9,026
Deferred tax assets, net 6,186 5,924
Property and equipment, net 7,265 7,344
Operating lease right-of-use assets 9,501
Goodwill 46,612 46,612
Intangible assets, net 2,411 2,700
Investments in other company 936 936
Other long-term assets 5,992 5,569
Total long-term assets 103,042 99,975
Total assets 286,832 277,263
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Trade payables 750 632
Deferred revenues 2,811 3,593
Accrued expenses and other payables 3,710 4,344
Accrued payroll and related benefits 14,139 13,183
Operating lease liabilities 1,549
Total current liabilities 22,959 21,752
Accrued severance pay 10,349 9,632
Operating lease liabilities 7,651
Other accrued liabilities 561
Total long-term liabilities 18,561 9,632
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 March 31, 2019 (unaudited) and December 31, 2018. 21,972,816 and 21,787,860 shares outstanding at March 31, 2019 (unaudited) and December 31, 2018, respectively 22 22
Additional paid in-capital 221,071 223,250
Treasury stock at cost (1,622,344 and 1,807,300 shares of common stock at March 31, 2019 (unaudited) and December 31, 2018, respectively) (35,686) (39,132)
Accumulated other comprehensive loss (427) (1,114)
Retained earnings 60,332 62,853
Total stockholders’ equity 245,312 245,879
Total liabilities and stockholders’ equity $ 286,832 $ 277,263