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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income (loss) for the year $ 68,450 $ (30,084) $ 19,920
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation 3,312 2,551 1,716
Exchange rate differences (192) 3,087 (280)
Accrued severance pay 2,670 1,037 2,177
Loss (gain) from severance pay fund (87) 510 (337)
Loss (gain) from marketable securities 311 1,139 (767)
Share-based compensation 44,969 76,853 13,131
Changes in asset and liabilities:      
Trade accounts receivables, net (7,900) (3,316) (5,389)
Other current assets (1,730) (2,795) (4,103)
Inventories (25,050) (6,272) (2,079)
Other long-term assets (1,146) (969) (57)
Account payables and accrued expenses 6,232 6,056 3,593
Employee-related accrued expenses 1,380 623 775
Deferred revenues 6,065 (484) (534)
Other current-liabilities 1,518 4,782 2
Long-term liabilities 2,052 3,410 420
Net cash provided by operating activities 100,854 56,128 28,188
CASH FLOWS FROM INVESTMENT ACTIVITIES      
Net change in restricted and short-term deposits (700) 2,769 5,216
Purchase of marketable securities (456,377) (19,361) (24,166)
Proceeds from maturities of marketable securities 23,249 7,250 5,231
Proceeds from sales of marketable securities 143,742 24,002 9,111
Severance pay fund (1,807) (1,517) (1,736)
Purchase of property and equipment (5,065) (5,378) (2,592)
Net cash provided by (used in) investing activities $ (296,958) 7,765 (8,936)
CASH FLOWS FROM FINANCING ACTIVITIES      
Issuance of shares, net of issuance costs 196,364 28,303
Exercise of options $ 8,769 10,151 9,746
Net cash provided by financing activities 8,769 206,515 38,049
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (187,335) 270,408 57,301
BALANCE OF CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 339,881 72,560 14,979
EXCHANGE RATE DIFFERENCES ON CASH AND CASH EQUIVALENTS 146 (3,087) 280
BALANCE OF CASH AND CASH EQUIVALENTS AT END OF YEAR 152,692 339,881 72,560
SUPPLEMENTARY INFORMATION ON ACTIVITIES NOT INVOLVING CASH FLOWS      
Non cash purchase of property and equipment 1,064 573 310
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:      
Income taxes paid $ 10,641 $ 2,609 $ 405