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SHARE INCENTIVE PLANS: (Tables)
3 Months Ended
Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of share option awards activity under equity incentive plans
Share option activity under the Company's equity incentive plans in the three months ended March 31, 2017 is set forth below:
 
Options Outstanding
 
Number
of Shares
 
Weighted
Average
Exercise
Price
Outstanding at December 31, 2016
1,634,485

 
$
32.79

Options exercised
(105,010
)
 
$
14.54

Options canceled
(6,960
)
 
$
59.28

Outstanding at March 31, 2017
1,522,515

 
$
33.93

Summary of restricted share units activity
RSU activity under the Company's equity incentive plans in the three months ended March 31, 2017 is set forth below:
 
Restricted Share
Units Outstanding
 
Number of
Shares
 
Weighted
Average
Grant Date
Fair Value
Non-vested restricted share units at December 31, 2016
3,324,519

 
$
46.67

Restricted share units granted
101,760

 
$
44.83

Restricted share units vested
(239,568
)
 
$
44.55

Restricted share units canceled
(93,776
)
 
$
47.07

Non-vested restricted share units at March 31, 2017
3,092,935

 
$
46.76

Summary of ordinary shares reserved for future issuance under equity incentive plans
The Company had the following ordinary shares reserved for future issuance under its equity incentive plans as of March 31, 2017:
 
Number of
Shares
Share options outstanding
1,522,515

Restricted share units outstanding
3,092,935

Shares authorized for future issuance
525,692

ESPP shares available for future issuance
3,724,647

Total shares reserved for future issuance as of March 31, 2017
8,865,789

Schedule of weighted average assumptions used to value share options granted
The following weighted average assumptions were used to value ESPP shares issued pursuant to the Company's share incentive plans for the three months ended March 31, 2017 and 2016:
 
Three Months Ended March 31,
 
2017
 
2016
Dividend yield
%
 
%
Expected volatility
25.3
%
 
37.6
%
Risk free interest rate
0.91
%
 
0.46
%
Expected life, years
0.5

 
0.5

Summary of the distribution of total share-based compensation expense
The following table summarizes the distribution of total share-based compensation expense in the unaudited condensed consolidated statements of operations:
 
Three Months Ended March 31,
 
2017
 
2016
 
(in thousands)
Cost of goods sold
$
482

 
$
475

Research and development
8,690

 
9,152

Sales and marketing
3,338

 
3,648

General and administrative
2,258

 
4,991

Total share-based compensation expense
$
14,768

 
$
18,266