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Interim Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 19,289 $ 33,153
Short-term bank deposits 15,787 31,410
Marketable securities 102,972 90,298
Trade receivables (net of allowance for credit losses of $288 as of June 30, 2022 and December 31, 2021) 27,962 27,449
Prepaid expenses and other current assets 7,562 6,670
Total current assets 173,572 188,980
Long-term assets:    
Bank deposits 8,052 0
Severance pay fund 8,604 10,175
Deferred tax assets, net 20,629 15,850
Property and equipment, net 7,610 6,765
Operating lease right-of-use assets 7,767 8,827
Goodwill 74,777 74,777
Intangible assets, net 12,272 14,607
Investments in marketable equity securities 1,103 2,919
Other long-term assets 5,021 5,759
Total long-term assets 145,835 139,679
Total assets 319,407 328,659
Current liabilities:    
Trade payables 2,241 1,464
Deferred revenues 4,546 8,661
Accrued expenses and other payables 5,400 4,030
Accrued payroll and related benefits 16,713 18,011
Operating lease liabilities 2,689 3,274
Total current liabilities 31,589 35,440
Long-term liabilities:    
Accrued severance pay 9,182 10,551
Operating lease liabilities 4,329 5,130
Other accrued liabilities 592 806
Total long-term liabilities 14,103 16,487
Stockholders’ equity:    
Preferred stock:$0.001 par value: 5,000,000 shares authorized; none issued and outstanding 0 0
Common Stock: $0.001 par value: 45,000,000 shares authorized; 23,595,160 shares issued at March 31, 2022 and December 31, 2021. 23,204,274 and 22,984,552 shares outstanding at March 31, 2022 and December 31, 2021, respectively 23 23
Additional paid in-capital 237,379 235,386
Treasury stock at cost (457,403 and 610,608 shares of common stock at June 30, 2022 and December 31, 2021, respectively) (11,691) (13,790)
Accumulated other comprehensive loss (4,525) (372)
Retained earnings 52,529 55,485
Total stockholders’ equity 273,715 276,732
Total liabilities and stockholders’ equity $ 319,407 $ 328,659