XML 44 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 45,388 $ 44,348
Short term bank deposit 14,113 18,000
Accounts receivable, net of allowance for doubtful accounts of $10,734 and $6,917, respectively 27,218 19,064
Inventories, net 27,547 22,467
Deferred tax asset 13,041 19,441
Prepaid expenses and other current assets 12,597 12,853
Total current assets 139,904 136,173
Property and equipment, net 10,489 6,759
Patents and licensed technologies, net 10,832 12,673
Other intangible assets, net 9,701 10,854
Goodwill, net 24,930 24,500
Deferred tax asset 24,039 20,186
Funds in respect of employee rights upon retirement and other assets 1,034 745
Total assets 220,929 211,890
Current liabilities:    
Current portion of notes payable 838 609
Short term debt 10,000 10
Accounts payable 14,785 10,025
Accrued compensation and related expenses 3,230 2,494
Other accrued liabilities 22,032 22,099
Deferred revenues 5,961 5,259
Total current liabilities 56,846 40,496
Long-term liabilities:    
Notes payable, net of current maturities 82 0
Deferred revenues 2,758 3,313
Other liabilities 61 166
Liability for employee rights upon retirement 821 588
Total liabilities 60,568 44,563
Commitment and contingencies (Note 10)      
Stockholders' Equity:    
Preferred Stock, $.01 par value, 5,000,000 shares authorized; 0 shares issued and outstanding at December 31, 2013 and 2012 0 0
Common Stock, $.01 par value, 50,000,000 shares authorized; 18,903,245 and 21,043,947 shares issued and outstanding, respectively 189 210
Additional paid-in capital 104,954 130,954
Retained earnings 53,679 35,302
Accumulated other comprehensive income 1,539 861
Total stockholders' equity 160,361 167,327
Total liabilities and stockholders' equity $ 220,929 $ 211,890