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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 24,235 $ 24,344
Short-term and restricted bank deposits 2,739 3,401
Short-term marketable securities and accrued interest 7,087 6,778
Trade receivables (net of allowance for doubtful accounts of $2,573 and $790 at December 31, 2016 and 2017, respectively) 22,059 25,448
Other receivables and prepaid expenses 4,693 3,377
Inventories 16,563 16,333
Total current assets 77,376 79,681
LONG-TERM ASSETS:    
Long-term marketable securities 20,475 29,540
Long-term restricted bank deposits and accrued interest 4,207 5,407
Deferred tax assets 6,685 11,607
Severance pay funds 20,138 17,820
Total long-term assets 51,505 64,374
PROPERTY AND EQUIPMENT, NET 3,835 3,867
INTANGIBLE ASSETS, NET 2,000 2,832
GOODWILL 36,222 36,222
Total assets 170,938 186,976
CURRENT LIABILITIES:    
Current maturities of long-term bank loans 2,519 3,451
Trade payables 5,639 7,710
Other payables and accrued expenses 20,786 18,618
Deferred revenues 16,417 14,951
Total current liabilities 45,361 44,730
LONG-TERM LIABILITIES:    
Accrued severance pay 21,228 18,941
Long-term bank loans, net of current maturities 6,237 8,493
Deferred revenues and other liabilities 5,731 6,153
Total long-term liabilities 33,196 33,587
COMMITMENTS AND CONTINGENT LIABILITIES
SHAREHOLDERS' EQUITY:    
Share capital - Ordinary shares of NIS 0.01 par value - Authorized: 100,000,000 shares at December 31, 2016 and 2017; Issued: 55,777,786 and 56,558,952 shares at December 31, 2016 and 2017, respectively; Outstanding: 32,411,296 and 29,443,000 shares at December 31, 2016 and 2017, respectively 93 101
Additional paid-in capital 248,176 243,082
Treasury stock at cost- 23,366,490 and 27,115,952 shares at December 31, 2016 and 2017, respectively (115,476) (89,923)
Accumulated other comprehensive loss (44) (203)
Accumulated deficit (40,368) (44,398)
Total shareholders' equity 92,381 108,659
Total liabilities and shareholders' equity $ 170,938 $ 186,976