XML 15 R2.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 216,292 $ 162,102
Restricted cash 12,487 13,617
Marketable securities   409
Short-term bank deposits 789 9,550
Accounts receivable - trade 326,343 284,192
Prepaid expenses and other current assets 47,258 55,906
Inventories 132,435 133,250
Total current assets 735,604 659,026
INVESTMENTS AND NON-CURRENT ASSETS:    
Marketable securities 7,012 5,637
Funds in respect of employee rights upon retirement 8,375 8,130
Deferred income taxes 19,840 20,147
Equity method investees and other receivables 9,113 10,144
Total investments and non-current assets 44,340 44,058
PROPERTY, PLANT AND EQUIPMENT, net 62,375 58,982
OTHER INTANGIBLE ASSETS, net 84,210 109,635
GOODWILL 176,374 170,177
Total assets 1,102,903 1,041,878
CURRENT LIABILITIES:    
Current maturities of long-term loan 16,364 13,937
Accounts payable and accruals:    
Trade 72,085 65,037
Other 114,692 94,930
Deferred income 28,576 29,282
Total current liabilities 231,717 203,186
LONG-TERM LIABILITIES:    
Long-term loan, net 72,002 218,372
Liability with respect to Applied Microstructures, Inc. ("AMST") 1,471  
Liability for employee rights upon retirement 22,973 21,535
Deferred income taxes 14,392 16,984
Other tax liabilities 7,567 14,045
Total long-term liabilities 118,405 270,936
COMMITMENTS AND CONTINGENT LIABILITIES (see Note 9)
Total liabilities 350,122 474,122
EQUITY:    
Ordinary shares of New Israeli Shekels ("NIS") 0.14 par value per share ("Ordinary Shares") Authorized at December 31, 2016 and 2015: 80,000,000 Ordinary Shares Issued at December 31, 2016 and 2015: 53,219,226 and 48,490,093 Ordinary Shares, respectively Outstanding at December 31, 2016 and 2015: 47,808,453 and 43,079,320 Ordinary Shares, respectively 2,381 2,209
Additional paid-in capital 420,185 306,612
Retained earnings 440,159 360,721
Accumulated other comprehensive loss (9,221) (1,506)
Less treasury shares, at cost at December 31, 2016 and 2015: 5,410,773 Ordinary Shares (99,539) (99,539)
Total Orbotech Ltd. equity 753,965 568,497
Non-controlling interests (1,184) (741)
Total equity 752,781 567,756
Total liabilities and equity $ 1,102,903 $ 1,041,878