CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 56,780	$ 263,199
Short-term investments	271,661	247,314
Accounts receivable, net	141,768	84,273
Inventories	65,523	62,473
Other current assets	17,346	19,979
Total current assets	553,078	677,238
Property and equipment, net	118,585	100,018
Severance assets	15,870	9,514
Intangible assets, net	278,031	32,154
Goodwill	471,228	200,743
Deferred taxes and other long-term assets	36,713	33,715
Total assets	1,473,505	1,053,382
Current liabilities:
Accounts payable	59,533	44,600
Accrued liabilities	105,042	74,787
Deferred revenue	24,364	17,743
Current portion of term debt	23,628	0
Total current liabilities	212,567	137,130
Accrued severance	19,874	12,464
Deferred revenue	15,968	12,439
Term debt	218,786	0
Other long-term liabilities	30,580	24,668
Total liabilities	497,775	186,701
Shareholders’ equity
Ordinary shares: NIS 0.0175 par value, 200,000 shares authorized, 49,076 and 47,120 shares issued and outstanding at December 31, 2016 and 2015, respectively	209	200
Additional paid-in capital	774,605	684,824
Accumulated other comprehensive loss	(928)	(1,669)
Retained earnings	201,844	183,326
Total shareholders’ equity	975,730	866,681
Total liabilities and shareholders' equity	$ 1,473,505	$ 1,053,382