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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
ASSETS    
Cash and cash equivalents $ 20,868 $ 13,432
Trade receivables, net 2,838 2,968
Deferred income taxes 1,996 1,940
Prepaid expenses and other accounts receivable 463 384
Total current assets 26,165 18,724
LONG-TERM ASSETS:    
Investment in affiliates 1,227 1,227
Deferred income taxes 2,889 1,560
Intangible assets, net 3,505 4,510
Goodwill 3,792 3,792
Severance pay fund and Lease deposits 1,071 1,249
Property and equipment, net 885 920
Total long-term assets 13,369 13,258
Total assets 39,534 31,982
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable 551 550
Employees and payroll accruals 1,215 1,073
Accrued expenses and other liabilities 628 330
Earn-out consideration 3,372  
Deferred revenues 3,058 3,178
Total current liabilities 8,824 5,131
LONG-TERM LIABILITIES:    
Long-term deferred revenues 694 964
Earn-out consideration   2,831
Accrued severance pay 1,192 1,303
Total long-term liabilities 1,886 5,098
COMMITMENTS AND CONTINGENCIES      
SHAREHOLDERS' EQUITY:    
Ordinary shares nominal value NIS 0.15 par value- Authorized: 55,353,340 shares as of December 31, 2010 and 2011; Issued: 26,700,005 and 27,287,909 shares as of December 31, 2010 and 2011, respectively; Outstanding: 23,505,713 and 24,093,617 shares as of December 31, 2010 and 2011, respectively 834 812
Additional paid-in capital 188,463 186,012
Treasury shares 3,194,292 Ordinary shares at December 31, 2010 and 2011. (8,566) (8,566)
Accumulated other comprehensive income 23 23
Accumulated deficit (151,930) (156,528)
Total shareholders' equity 28,824 21,753
Total liabilities and shareholders' equity $ 39,534 $ 31,982