XML 14 R2.htm IDEA: XBRL DOCUMENT v3.4.0.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 110,091 $ 97,513
Short-term investments 269,498 297,981
Accounts receivable 20,866 24,729
Inventories 14,709 12,748
Deferred income taxes 12,548 12,326
Other current assets 4,683 2,387
Total current assets 432,395 447,684
PROPERTY AND EQUIPMENT, net of accumulated depreciation of $28,799 and $27,897 22,362 22,407
ACQUIRED TECHNOLOGY, net of accumulated amortization of $57,587 and $54,837 69,265 72,015
INVESTMENTS 16,092 2,187
DEFERRED INCOME TAXES 15,287 14,945
OTHER ASSETS 645 174
TOTAL ASSETS 556,046 559,412
CURRENT LIABILITIES:    
Accounts payable 7,294 6,849
Accrued expenses 6,746 17,387
Deferred revenue 10,353 10,107
Other current liabilities 757 167
Total current liabilities 25,150 34,510
DEFERRED REVENUE 35,515 35,543
RETIREMENT PLAN BENEFIT LIABILITY 24,485 22,594
Total liabilities $ 85,150 $ 92,647
COMMITMENTS AND CONTINGENCIES (Note 13)
SHAREHOLDERS' EQUITY:    
Preferred Stock, par value $0.01 per share, 5,000,000 shares authorized, 200,000 shares of Series A Nonconvertible Preferred Stock issued and outstanding (liquidation value of $7.50 per share or $1,500) $ 2 $ 2
Common Stock, par value $0.01 per share, 100,000,000 shares authorized, 48,147,715 and 48,132,223 shares issued and outstanding at March 31, 2016 and December 31, 2015, respectively 483 482
Additional paid-in capital 592,769 589,885
Accumulated deficit (71,678) (73,627)
Accumulated other comprehensive loss (10,522) (9,819)
Treasury stock, at cost (1,357,863 shares at March 31, 2016 and December 31, 2015) (40,158) (40,158)
Total shareholders’ equity 470,896 466,765
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 556,046 $ 559,412