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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash and cash equivalents $ 81,859 $ 88,754
Short-term deposits 2,159
Restricted cash 2,592 27,162
Trade receivables (net of allowance for credit losses of $1,104 and $1,933 as of December 31, 2021 and 2020, respectively) 39,161 27,976
Contract assets 26,008 47,079 [1]
Inventories 28,432 31,304
Other current assets 14,607 16,637
Held for sale asset 4,587
Total current assets 199,405 238,912 [1]
LONG-TERM ASSETS:    
Restricted cash 12 42
Long-term contract assets 12,539 12,880 [1]
Severance pay funds 6,795 6,665
Deferred taxes 17,551 19,295
Operating lease right-of-use assets 4,478 4,879
Other long-term assets 10,456 7,797
Total long-term assets 51,831 51,558 [1]
PROPERTY AND EQUIPMENT, NET 72,391 77,172
INTANGIBLE ASSETS, NET 640 1,082
GOODWILL 43,468 43,468
Total assets 367,735 412,192 [1]
CURRENT LIABILITIES:    
Current maturity of long-term loan 4,000
Trade payables 19,776 20,487
Accrued expenses 49,202 49,882 [1]
Advances from customers and deferred revenues 24,373 24,205 [1]
Operating lease liabilities 1,818 1,911
Dividend payable 35,003
Other current liabilities 13,339 13,322
Total current liabilities 108,508 148,810 [1]
LONG-TERM LIABILITIES:    
Accrued severance pay 7,292 7,136
Long-term advances from customers 1,209 2,238 [1]
Operating lease liabilities 2,283 2,985
Other long-term liabilities 120 631
Total long-term liabilities 10,904 12,990 [1]
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY:    
Share capital - Ordinary shares of NIS 0.2 par value: Authorized: 90,000,000 shares as of December 31, 2021 and 2020; Issued and outstanding: 56,539,237 and 55,559,638 shares as of December 31, 2021 and 2020, respectively 2,706 2,647
Additional paid-in capital 929,871 928,626
Accumulated other comprehensive loss (6,357) (6,017)
Accumulated deficit (677,897) (674,864) [1]
Total shareholders' equity 248,323 250,392 [1]
Total liabilities and shareholders' equity $ 367,735 $ 412,192 [1]
[1] The Company restated previously issued consolidated financial statements. See Note 2 and Note 17 for additional information.