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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 96,117 $ 139,365
Short-term investments 228,861 188,644
Accounts receivable 36,321 24,994
Inventory 16,668 17,314
Deferred income taxes   8,661
Other current assets 5,775 6,392
Total current assets 383,742 385,370
PROPERTY AND EQUIPMENT, net of accumulated depreciation of $33,377 and $32,167 28,552 27,203
ACQUIRED TECHNOLOGY, net of accumulated amortization of $75,864 and $70,714 146,977 152,127
OTHER INTANGIBLE ASSETS, net of accumulated amortization of $957 and $615 15,883 16,225
GOODWILL 15,535 15,535
INVESTMENTS 14,789 14,960
DEFERRED INCOME TAXES 49,750 15,832
OTHER ASSETS 215 307
TOTAL ASSETS 655,443 627,559
CURRENT LIABILITIES:    
Accounts payable 11,147 8,112
Accrued expenses 9,977 19,845
Deferred revenue 10,064 10,282
Other current liabilities 2,042 1,967
Total current liabilities 33,230 40,206
DEFERRED REVENUE 28,956 31,322
RETIREMENT PLAN BENEFIT LIABILITY 28,106 27,563
Total liabilities 90,292 99,091
COMMITMENTS AND CONTINGENCIES (Note 14)
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, 48,364,895 and 48,270,990 shares issued, and 47,007,032 and 46,913,127 shares outstanding, at March 31, 2017 and December 31, 2016, respectively 484 483
Additional paid-in capital 605,331 604,364
Retained earnings 9,844 (25,557)
Accumulated other comprehensive loss (10,352) (10,666)
Treasury stock, at cost (1,357,863 shares at March 31, 2017 and December 31, 2016) (40,158) (40,158)
Total shareholders’ equity 565,151 528,468
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 655,443 $ 627,559