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Consolidated Balance Sheets - USD ($)
Dec. 31, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 21,324,000 $ 17,752,000
Restricted deposits 524,000 70,000
Marketable securities and short-term deposits (Note 3) 24,697,000 29,031,000
Trade receivables 13,416,000 19,069,000
Other accounts receivable and prepaid expenses (Note 4) 3,167,000 2,331,000
Inventories (Note 5) 9,422,000 9,748,000
Total current assets 72,550,000 78,001,000
PROPERTY AND EQUIPMENT, NET (Note 6) 3,184,000 4,130,000
NON-CURRENT ASSETS:    
Long-term marketable securities and long-term deposits (Note 3) 82,669,000 78,092,000
Long-term prepaid expenses and lease deposits 1,541,000 1,329,000
Deferred income taxes (Note 14) 1,043,000 918,000
Severance pay fund 15,190,000 12,751,000
Intangible assets, net (Note 7) 2,779,000 4,480,000
Goodwill 6,243,000 6,243,000
Total non-current assets 109,465,000 103,813,000
Total assets 185,199,000 185,944,000
CURRENT LIABILITIES:    
Trade payables 8,660,000 12,540,000
Accrued compensation and benefits 8,699,000 8,666,000
Income tax accruals and payables 1,232,000 1,137,000
Accrued expenses and other accounts payable (Note 9) 2,888,000 3,556,000
Total current liabilities 21,479,000 25,899,000
NON-CURRENT LIABILITIES:    
Deferred income taxes, net (Note 14) 424,000 787,000
Accrued severance pay 15,463,000 12,908,000
Accrued pensions (Note 10) 883,000 803,000
Total non-current liabilities 16,770,000 14,498,000
COMMITMENTS AND CONTINGENCIES (Note 13)
STOCKHOLDERS’ EQUITY (Note 12):    
Common stock, $0.001 par value - Authorized: 50,000,000 shares at December 31, 2016 and 2015; Issued and outstanding: 22,432,660 and 21,931,157 shares at December 31, 2017 and 2016, respectively 22,000 22,000
Additional paid-in capital 372,041,000 366,121,000
Treasury stock at cost, 12,043,904 shares at December 31, 2017 (118,397,000) (122,632,000)
Accumulated other comprehensive loss (1,874,000) (1,852,000)
Accumulated deficit (104,842,000) (96,112,000)
Total stockholders’ equity 146,950,000 145,547,000
Total liabilities and stockholders’ equity $ 185,199,000 $ 185,944,000