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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 242,099 $ 328,302
Short-term investments 243,729 63,951
Trade receivables (net of allowance for doubtful accounts of $8,464 and $9,554 at December 31, 2018 and 2017, respectively) 287,963 230,729
Prepaid expenses and other current assets 87,450 70,074
Total current assets 861,241 693,056
LONG-TERM ASSETS:    
Long-term investments 244,998 132,820
Other long-term assets 74,042 19,496
Property and equipment, net 140,338 118,275
Deferred tax assets 12,309 11,850
Other intangible assets, net 508,232 551,347
Goodwill 1,366,206 1,318,242
Total long-term assets 2,346,125 2,152,030
Total assets 3,207,366 2,845,086
CURRENT LIABILITIES:    
Trade payables 29,617 29,438
Deferred revenues and advances from customers 221,387 184,564
Accrued expenses and other liabilities 373,908 309,350
Total current liabilities 624,912 523,352
LONG-TERM LIABILITIES:    
Deferred revenues and advances from customers 35,112 37,550
Accrued severance pay 15,986 17,250
Deferred tax liabilities 44,140 57,796
Long-term debt 455,985 447,642
Other long-term liabilities 14,618 11,935
Total long-term liabilities 565,841 572,173
COMMITMENTS AND CONTINGENT LIABILITIES
SHAREHOLDERS' EQUITY:    
Share capital-Ordinary shares of NIS 1 par value: Authorized: 125,000,000 shares at December 31, 2018 and 2017; Issued: 74,367,450 and 73,455,167 shares at December 31, 2018 and 2017, respectively; Outstanding: 61,769,554 and 60,925,954 shares at December 31, 2018 and 2017, respectively 18,849 18,595
Additional paid-in capital 1,499,986 1,420,813
Treasury shares at cost - 12,597,896 and 12,529,213 Ordinary shares at December 31, 2018 and 2017, respectively (527,417) (507,705)
Accumulated other comprehensive loss (46,616) (32,914)
Retained earnings 1,071,811 850,772
Total shareholders' equity 2,016,613 1,749,561
Total liabilities and shareholders' equity $ 3,207,366 $ 2,845,086