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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income (loss) for the year $ 108,370 $ 68,450 $ (30,084)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation 4,089 3,312 2,551
Exchange rate differences (162) (192) 3,087
Accrued severance pay 4,208 2,670 1,037
Loss (gain) from severance pay fund (223) (87) 510
Loss (gain) from marketable securities (78) 311 1,139
Share-based compensation 65,602 44,969 76,853
Changes in asset and liabilities:      
Trade accounts receivables, net (19,618) (7,900) (3,316)
Other current assets (1,116) (1,730) (2,795)
Inventories (14,340) (25,050) (6,272)
Other long-term assets (424) (1,146) (969)
Account payables and accrued expenses 14,448 6,232 6,056
Employee-related accrued expenses 1,519 1,380 623
Deferred revenues (1,426) 6,065 (484)
Other current-liabilities 478 1,518 4,782
Long-term liabilities 227 2,052 3,410
Net cash provided by operating activities 161,554 100,854 56,128
CASH FLOWS FROM INVESTMENT ACTIVITIES      
Net change in restricted and short-term deposits (118) (700) 2,769
Purchase of marketable securities (156,193) (456,377) (19,361)
Proceeds from maturities of marketable securities 101,771 23,249 7,250
Proceeds from sales of marketable securities 23,697 143,742 24,002
Severance pay fund (2,379) (1,807) (1,517)
Purchase of property and equipment (11,017) (5,065) (5,378)
Net cash provided by (used in) investing activities (44,239) (296,958) 7,765
CASH FLOWS FROM FINANCING ACTIVITIES      
Issuance of shares, net of issuance costs     196,364
Grant of non-recourse loan (1,450)    
Repayment of non-recourse loan 1,450    
Exercise of options 7,967 8,769 10,151
Net cash provided by financing activities 7,967 8,769 206,515
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 125,282 (187,335) 270,408
BALANCE OF CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 152,692 339,881 72,560
EXCHANGE RATE DIFFERENCES ON CASH AND CASH EQUIVALENTS 22 146 (3,087)
BALANCE OF CASH AND CASH EQUIVALENTS AT END OF YEAR 277,996 152,692 339,881
SUPPLEMENTARY INFORMATION ON ACTIVITIES NOT INVOLVING CASH FLOWS      
Non cash purchase of property and equipment 1,438 1,064 573
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:      
Income taxes paid $ 16,825 $ 10,641 $ 2,609