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MARKETABLE SECURITIES
12 Months Ended
Dec. 31, 2019
Marketable Securities [Abstract]  
MARKETABLE SECURITIES

NOTE 4:-MARKETABLE SECURITIES

Debt securities with contractual maturities of less than one year are as follows:

December 31,

2019

2018

Adjusted

Gross unrealized

Gross unrealized

Market

Adjusted

Gross unrealized

Gross unrealized

Market

cost

losses

gains

value

cost

losses

gains

value

 

Foreign banks and government debentures

$

18,193

$

-

$

96

$

18,289

$

6,759

$

(11

)

$

-

$

6,748

Corporate debentures

15,921

-

144

16,065

9,021

(27

)

-

8,994

 

Total marketable securities

$

34,114

$

-

$

240

$

34,354

$

15,780

$

(38

)

$

-

$

15,742

Debt securities with contractual maturities from one to three years are as follows:

December 31,

2019

2018

Adjusted

Gross unrealized

Gross unrealized

Market

Adjusted

Gross unrealized

Gross unrealized

Market

cost

losses

gains

value

cost

losses

gains

value

 

Foreign banks and government debentures

$

56,201

$

-

$

721

$

56,922

$

43,266

$

(358

)

$

6

$

42,914

Corporate debentures

52,419

(19

)

467

52,867

19,881

(338

)

5

19,548

 

Total marketable securities

$

108,620

$

(19

)

$

1,188

$

109,789

$

63,147

$

(696

)

$

11

$

62,462

F - 30


RADWARE LTD. AND ITS SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


U.S. dollars in thousands, except share and per share data

NOTE 4:- MARKETABLE SECURITIES (Cont.)

Debt securities with contractual maturities of more than three years are as follows:

December 31,

2019

2018

Adjusted

Gross unrealized

Gross unrealized

Market

Adjusted

Gross unrealized

Gross unrealized

Market

cost

losses

gains

value

cost

losses

gains

value

 

Foreign banks and government debentures

$

1,062

$

-

$

19

$

1,081

$

11,926

$

(357

)

$

-

$

11,569

Corporate debentures

1,767

-

59

1,826

10,998

(360

)

-

10,638

 

Total marketable securities

$

2,829

$

-

$

78

$

2,907

$

22,924

$

(717

)

$

-

$

22,207

Debt securities with continuous unrealized losses for less than 12 months and 12 months or greater and their related fair values as of December 31, 2019 and 2018 were as follows:

December 31, 2019

Investments with

continuous unrealized losses

for less than 12 months

Investments with

continuous unrealized losses

for 12 months or greater

Total investments with

continuous unrealized losses

Fair

value

Unrealized losses

Fair

value

Unrealized losses

Fair

value

Unrealized losses

 

Corporate debentures

$

3,852

$

(13

)

$

2,631

$

(6

)

$

6,483

$

(19

)

 

Total marketable securities

$

3,852

$

(13

)

$

2,631

$

(6

)

$

6,483

$

(19

)

December 31, 2018

Investments with

continuous unrealized losses

for less than 12 months

Investments with

continuous unrealized losses

for 12 months or greater

Total investments with

continuous unrealized losses

Fair

value

Unrealized losses

Fair

value

Unrealized losses

Fair

value

Unrealized losses

 

Foreign banks and government debentures

$

26,860

$

(177

)

$

24,966

$

(550

)

$

51,826

$

(727

)

Corporate debentures

11,947

(122

)

23,605

(604

)

35,552

(726

)

 

Total marketable securities

$

38,807

$

(299

)

$

48,571

$

(1,154

)

$

87,378

$

(1,453

)

As of December 31, 2019, and 2018, interest receivable amounted to $1,183 and $898, respectively, and is included within marketable securities in the consolidated balance sheets.

Equity securities amounted to $2,570 and as of December 31, 2019 are carried at fair value based on Level 1 inputs.