XML 48 R8.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income (loss) for the year $ (30,084)us-gaap_NetIncomeLoss $ 19,920us-gaap_NetIncomeLoss $ (53)us-gaap_NetIncomeLoss
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation 2,551us-gaap_Depreciation 1,694us-gaap_Depreciation 1,245us-gaap_Depreciation
Exchange rate differences on cash and cash equivalents 3,087us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents (280)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents (103)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Liability in respect of employee rights upon retirement 1,037us-gaap_PensionAndOtherPostretirementBenefitExpense 2,177us-gaap_PensionAndOtherPostretirementBenefitExpense 1,390us-gaap_PensionAndOtherPostretirementBenefitExpense
Loss (gain) from funds in respect of employee rights upon retirement 510mbly_LossGainFromFundsInRespectOfEmployeeRightsUponRetirement (337)mbly_LossGainFromFundsInRespectOfEmployeeRightsUponRetirement (176)mbly_LossGainFromFundsInRespectOfEmployeeRightsUponRetirement
Loss (gain) from marketable securities 1,139us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossNet (767)us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossNet 226us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossNet
Loss on disposal of property and equipment   22us-gaap_GainLossOnSaleOfPropertyPlantEquipment 12us-gaap_GainLossOnSaleOfPropertyPlantEquipment
Share-based compensation 76,853us-gaap_ShareBasedCompensation 13,131us-gaap_ShareBasedCompensation 1,855us-gaap_ShareBasedCompensation
Changes in asset and liabilities:      
Trade accounts receivables, net (3,316)us-gaap_IncreaseDecreaseInAccountsReceivable (5,389)us-gaap_IncreaseDecreaseInAccountsReceivable (1,758)us-gaap_IncreaseDecreaseInAccountsReceivable
Other current assets (2,795)us-gaap_IncreaseDecreaseInOtherCurrentAssets (4,103)us-gaap_IncreaseDecreaseInOtherCurrentAssets 185us-gaap_IncreaseDecreaseInOtherCurrentAssets
Inventories (6,272)us-gaap_IncreaseDecreaseInInventories (2,079)us-gaap_IncreaseDecreaseInInventories (4,955)us-gaap_IncreaseDecreaseInInventories
Other long-term assets (969)us-gaap_IncreaseDecreaseInOtherNoncurrentAssets (57)us-gaap_IncreaseDecreaseInOtherNoncurrentAssets (129)us-gaap_IncreaseDecreaseInOtherNoncurrentAssets
Account payables and accrued expenses 6,056us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 3,593us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 869us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Employee-related accrued expenses 623us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities 775us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities 514us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities
Other current-liabilities 4,298us-gaap_IncreaseDecreaseInOtherCurrentLiabilities (532)us-gaap_IncreaseDecreaseInOtherCurrentLiabilities (796)us-gaap_IncreaseDecreaseInOtherCurrentLiabilities
Long-term liabilities 3,410mbly_IncreaseDecreaseInLongTermLiability 420mbly_IncreaseDecreaseInLongTermLiability 9mbly_IncreaseDecreaseInLongTermLiability
Net cash provided by (used in) operating activities 56,128us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 28,188us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations (1,665)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
CASH FLOWS FROM INVESTMENT ACTIVITIES      
Investment in short-term deposits and restricted cash (33,146)mbly_PaymentsForInvestmentInShortTermDepositsAndRestrictedCash (21,758)mbly_PaymentsForInvestmentInShortTermDepositsAndRestrictedCash (25,957)mbly_PaymentsForInvestmentInShortTermDepositsAndRestrictedCash
Proceeds from short-term deposits and restricted cash 35,915mbly_ProceedsFromShortTermDepositsAndRestrictedCash 26,974mbly_ProceedsFromShortTermDepositsAndRestrictedCash 30,894mbly_ProceedsFromShortTermDepositsAndRestrictedCash
Proceeds from maturities / sales of marketable securities 31,252us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities 14,342us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities 35,402us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities
Purchase of marketable securities (19,361)us-gaap_PaymentsToAcquireMarketableSecurities (24,166)us-gaap_PaymentsToAcquireMarketableSecurities (37,187)us-gaap_PaymentsToAcquireMarketableSecurities
Funds in respect of employee right upon retirement (1,517)mbly_PaymentsForFundsInRespectOfEmployeeRightUponRetirement (1,736)mbly_PaymentsForFundsInRespectOfEmployeeRightUponRetirement (1,013)mbly_PaymentsForFundsInRespectOfEmployeeRightUponRetirement
Purchase of property and equipment (5,378)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (2,592)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (1,526)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Net cash provided by (used in) investing activities 7,765us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (8,936)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations 613us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
CASH FLOWS FROM FINANCING ACTIVITIES      
Issuance of shares, net of issuance costs 196,364us-gaap_ProceedsFromIssuanceOfCommonStock 28,303us-gaap_ProceedsFromIssuanceOfCommonStock  
Exercise of options 10,151us-gaap_ProceedsFromStockOptionsExercised 9,746us-gaap_ProceedsFromStockOptionsExercised 272us-gaap_ProceedsFromStockOptionsExercised
Net cash provided by financing activities 206,515us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 38,049us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 272us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 270,408us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 57,301us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (780)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
BALANCE OF CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 72,560us-gaap_CashAndCashEquivalentsAtCarryingValue 14,979us-gaap_CashAndCashEquivalentsAtCarryingValue 15,656us-gaap_CashAndCashEquivalentsAtCarryingValue
EXCHANGE RATE DIFFERENCES ON CASH AND CASH EQUIVALENTS (3,087)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 280us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 103us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
BALANCE OF CASH AND CASH EQUIVALENTS AT END OF YEAR 339,881us-gaap_CashAndCashEquivalentsAtCarryingValue 72,560us-gaap_CashAndCashEquivalentsAtCarryingValue 14,979us-gaap_CashAndCashEquivalentsAtCarryingValue
SUPPLEMENTARY INFORMATION ON ACTIVITIES NOT INVOLVING CASH FLOWS      
Non cash purchase of property and equipment 573us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1 310us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1 121us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:      
Income taxes paid $ 2,609us-gaap_IncomeTaxesPaidNet $ 405us-gaap_IncomeTaxesPaidNet $ 613us-gaap_IncomeTaxesPaidNet