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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
REVENUES:      
Sales of products $ 588,396 $ 537,370 $ 403,963
Service rendered 218,006 215,147 178,783
Total Revenues 806,402 752,517 582,746
COST OF REVENUES:      
Cost of products sold 304,455 285,503 223,981
Cost of service rendered 129,540 127,216 105,572
Total Cost of Revenues 433,995 412,719 329,553
GROSS PROFIT 372,407 339,798 253,193
RESEARCH AND DEVELOPMENT COSTS:      
Expenses incurred 112,425 108,516 91,320
Less - government participations 5,330 4,662 2,669
NET RESEARCH AND DEVELOPMENT COSTS 107,095 103,854 88,651
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES 124,356 117,493 96,169
EQUITY IN EARNINGS OF FRONTLINE (3,445) (5,849) (5,769)
AMORTIZATION OF INTANGIBLE ASSETS 27,456 30,224 19,235
GAIN FROM THE SALE OF THE THERMAL PRODUCTS BUSINESS   (628)  
SPTS ACQUISITION COSTS     6,761
OPERATING INCOME 116,945 94,704 48,146
FINANCIAL EXPENSES - net 21,042 23,585 9,046
INCOME BEFORE TAXES ON INCOME 95,903 71,119 39,100
TAXES ON INCOME 16,308 13,788 3,419
SHARE IN LOSSES OF EQUITY METHOD INVESTEE 600 615 417
NET INCOME 78,995 56,716 35,264
NET LOSS ATTRIBUTABLE TO NON-CONTROLLING INTERESTS 443 55 116
NET INCOME ATTRIBUTABLE TO ORBOTECH LTD. $ 79,438 $ 56,771 $ 35,380
EARNING PER SHARE ATTRIBUTABLE TO ORBOTECH LTD.:      
Basic $ 1.74 $ 1.34 $ 0.85
Diluted $ 1.71 $ 1.31 $ 0.83
WEIGHTED AVERAGE NUMBER OF SHARES USED IN COMPUTATION OF EARNINGS PER SHARE - IN THOUSANDS:      
Basic 45,534 42,412 41,703
Diluted 46,461 43,322 42,757