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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and cash equivalents $ 225,048 $ 211,022
Short-term investments 301,549 304,323
Accounts receivable 52,124 43,129
Inventory 68,041 70,000
Other current assets 5,410 6,366
Total current assets 652,172 634,840
PROPERTY AND EQUIPMENT, net of accumulated depreciation of $47,701 and $44,943 80,615 69,739
ACQUIRED TECHNOLOGY, net of accumulated amortization of $117,034 and $111,890 106,208 110,951
OTHER INTANGIBLE ASSETS, net of accumulated amortization of $3,726 and $3,384 13,114 13,456
GOODWILL 15,535 15,535
DEFERRED INCOME TAXES 24,781 24,377
OTHER ASSETS 75,765 64,526
TOTAL ASSETS 968,190 933,424
CURRENT LIABILITIES:    
Accounts payable 7,024 10,532
Accrued expenses 27,470 36,057
Deferred revenue 86,296 80,782
Other current liabilities 10,784 5,811
Total current liabilities 131,574 133,182
DEFERRED REVENUE 41,596 41,785
RETIREMENT PLAN BENEFIT LIABILITY 44,747 44,055
OTHER LIABILITIES 34,072 23,896
Total liabilities 251,989 242,918
COMMITMENTS AND CONTINGENCIES (Note 15)
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, 200,000,000 shares authorized, 48,760,311 and 48,681,524 shares issued, and 47,394,663 and 47,319,887 shares outstanding, at March 31, 2019 and December 31, 2018, respectively 488 487
Additional paid-in capital 616,206 617,334
Retained earnings 156,309 129,552
Accumulated other comprehensive loss (15,520) (16,234)
Treasury stock, at cost (1,365,648 and 1,361,637 shares at March 31, 2019 and December 31, 2018, respectively) 41,284 40,635
Total shareholders’ equity 716,201 690,506
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 968,190 $ 933,424