BUSINESS COMBINATION: (Tables)

6 Months Ended

Jun. 30, 2016

Business Combinations [Abstract]

Schedule of Business Combination Consideration Transferred

The following summarizes consideration paid for EZchip at the acquisition date:

	(in thousands)
Consideration:
Cash payment for all outstanding common shares of EZchip at $25.50 per share	$	786,046
Fair value of awards attributable to pre-acquisition services	972
Total consideration:	787,018
Less: cash acquired	87,545
Fair value of total consideration transferred, net of cash acquired	$	699,473

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following summarizes the Company's preliminary allocation of the total purchase price, net of cash acquired for the EZchip acquisition after consultation with third party valuation specialists:

	(in thousands)
Short-term investments	$	108,862
Other current assets	34,114
Other long-term assets	9,638
Intangible assets	288,246
Goodwill	275,294
Total assets	716,154
Current liabilities	(10,253		)
Long-term liabilities	(6,428		)
Total liabilities	(16,681		)
Total preliminary purchase price allocation	$	699,473

Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination

Identifiable finite-lived intangible assets

	Fair value		Weighted Average Useful Life
	(in thousands)		(in years)
Purchased intangible assets:
Trade names	$	5,600	3
Customer relationships	56,400		9
Backlog	11,300		1
Developed technology	181,246		4 - 6
In process research and development (1)	33,700		-
Total purchased intangible assets	$	288,246
(1) In-process research and development ("IPR&D") will not be amortized until the underlying products reach technological feasibility. Upon completion, each IPR&D project will be amortized over its useful life.

Business Acquisition, Pro Forma Information

Pro forma results are not indicative of what would have occurred had the acquisition occurred as of January 1, 2015 or of results that may occur in the future.

	Six Months Ended
	June 30,
	2016		2015
Revenues	$	421,535	$	364,993
Net income (loss)	$	17,451	$	(17,665	)
Net income (loss) per share — basic	$	0.37	$	(0.38	)
Net income (loss) per share — diluted	$	0.36	$	(0.38	)