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Interim Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 14,851 $ 22,260
Short term bank deposits 56,991 46,139
Marketable securities 70,462 77,469
Trade receivables 26,813 26,156
Prepaid expenses and other current assets 5,682 5,264
Total current assets 174,799 177,288
Long-term assets:    
Bank deposits 5,330 21,864
Severance pay fund 9,732 9,026
Deferred tax assets, net 10,891 5,924
Property and equipment, net 7,891 7,344
Operating lease right-of-use assets 10,688
Goodwill 51,070 46,612
Intangible assets, net 17,353 2,700
Investments in other company 936 936
Other long-term assets 5,235 5,569
Total long-term assets 119,126 99,975
Total assets 293,925 277,263
Current liabilities:    
Trade payables 1,319 632
Deferred revenues 4,766 3,593
Accrued expenses and other payables 4,003 4,344
Accrued payroll and related benefits 13,164 13,183
Operating lease liabilities 2,442
Total current liabilities 25,694 21,752
Long-term liabilities:    
Accrued severance pay 10,447 9,632
Operating lease liabilities 7,879
Other accrued liabilities 545
Total long-term liabilities 18,871 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 June 30, 2019 (unaudited) and December 31, 2018. 21,893,128 and 21,787,860 shares outstanding at June 30, 2019 (unaudited) and December 31, 2018, respectively 22 22
Additional paid in-capital 225,483 223,250
Treasury stock at cost (1,610,982 and 1,807,300 shares of common stock at September 30, 2019 (unaudited) and December 31, 2018, respectively) (35,492) (39,132)
Accumulated other comprehensive loss (22) (1,114)
Retained earnings 59,369 62,853
Total stockholders’ equity 249,360 245,879
Total liabilities and stockholders’ equity $ 293,925 $ 277,263