XML 45 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
CURRENT ASSETS:    
Cash and cash equivalents $ 5,137 $ 20,868
Trade receivables, net 5,996 2,838
Deferred income taxes 2,239 1,996
Prepaid expenses and other accounts receivable 1,503 463
Total current assets 14,875 26,165
LONG-TERM ASSETS:    
Investment in affiliates 1,403 1,227
Deferred income taxes 3,348 2,889
Intangible assets, net 14,568 3,505
Goodwill 22,518 3,792
Severance pay fund 756 1,031
Lease deposits 57 40
Property and equipment, net 1,608 885
Total long-term assets 44,258 13,369
Total assets 59,133 39,534
CURRENT LIABILITIES:    
Accounts payable 958 551
Employees and payroll accruals 2,280 1,215
Accrued expenses and other liabilities 1,587 628
Earn-out consideration 4,048 3,372
Deferred revenues 4,535 3,058
Total current liabilities 13,408 8,824
LONG-TERM LIABILITIES:    
Long-term deferred revenues 492 694
Earn-out consideration 6,409  
Deferred tax liability 3,187  
Accrued severance pay 915 1,192
Total long-term liabilities 11,003 1,886
COMMITMENTS AND CONTINGENCIES      
SHAREHOLDERS' EQUITY:    
Ordinary shares nominal value NIS 0.15 par value-Authorized: 55,353,340 shares as of December 31, 2011 and 2012; Issued: 27,287,909 and 27,915,392 shares as of December 31, 2011 and 2012, respectively; Outstanding: 24,093,617 and 25,826,234 shares as of December 31, 2011 and 2012, respectively 986 960
Additional paid-in capital 190,436 188,463
Treasury shares 3,194,292 Ordinary shares as of December 31, 2011 and 2,089,158 ordinary shared as of December 31, 2012 (6,653) (8,692)
Accumulated other comprehensive income 469 23
Accumulated deficit (150,516) (151,930)
Total shareholders' equity 34,722 28,824
Total liabilities and shareholders' equity $ 59,133 $ 39,534