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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and cash equivalents $ 18,379 $ 12,146
Restricted deposit 515 493
Marketable securities and short-term deposits 31,111 35,713
Trade receivables 21,609 13,475
Other accounts receivable and prepaid expenses 3,374 3,670
Inventories 8,668 9,819
TOTAL CURRENT ASSETS 83,656 75,316
PROPERTY AND EQUIPMENT, NET 6,871 2,748
NON-CURRENT ASSETS:    
Long-term marketable securities 70,899 75,538
Operating lease right of use 12,023
Long-term prepaid expenses and lease deposits 977 1,229
Deferred income taxes 5,469 3,580
Severance pay fund 15,661 14,158
Intangible assets, net 765 1,078
Goodwill 6,243 6,243
TOTAL NON-CURRENT ASSETS 112,037 101,826
TOTAL ASSETS 202,564 179,890
CURRENT LIABILITIES:    
Trade payables 8,338 9,579
Accrued compensation and benefits 7,709 8,255
Income tax accruals and payables 2,245 1,404
Operating lease liability 2,520
Accrued expenses and other accounts payable 3,283 3,461
TOTAL CURRENT LIABILITIES 24,095 22,699
NON-CURRENT LIABILITIES:    
Deferred income taxes 127 151
Accrued severance pay 15,944 14,348
Operating lease liability 10,225
Accrued pensions 801 827
TOTAL NON-CURRENT LIABILITIES 27,097 15,326
STOCKHOLDERS’ EQUITY:    
Common stock, $ 0.001 par value - Authorized shares: 50,000,000 shares at September 30, 2019 and December 31, 2018; issued and outstanding shares: 23,003,109 and 22,265,971 shares at September 30, 2019 and December 31, 2018, respectively 23 22
Additional paid-in capital 384,737 378,855
Treasury stock at cost (114,940) (122,325)
Accumulated other comprehensive loss (774) (2,324)
Accumulated deficit (117,674) (112,363)
TOTAL STOCKHOLDERS’ EQUITY 151,372 141,865
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 202,564 $ 179,890