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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
REVENUES:      
Sales of products $ 674,466 $ 588,396 $ 537,370
Service rendered 226,390 218,006 215,147
Total Revenues 900,856 806,402 752,517
COST OF REVENUES:      
Cost of products sold 337,077 304,455 285,503
Cost of service rendered 138,461 129,540 127,216
Total Cost of Revenues 475,538 433,995 412,719
GROSS PROFIT 425,318 372,407 339,798
RESEARCH AND DEVELOPMENT COSTS:      
Expenses incurred 132,541 112,425 108,516
Less - government participations 7,107 5,330 4,662
NET RESEARCH AND DEVELOPMENT COSTS 125,434 107,095 103,854
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES 143,363 124,356 117,493
EQUITY IN EARNINGS OF FRONTLINE (4,524) (3,445) (5,849)
AMORTIZATION OF INTANGIBLE ASSETS 25,006 27,456 30,224
GAIN FROM THE SALE OF THE THERMAL PRODUCTS BUSINESS     (628)
GAIN FROM RELEASE OF AMST EARN-OUT PAYMENT OBLIGATION (1,471)    
OPERATING INCOME 137,510 116,945 94,704
FINANCIAL EXPENSES - net 5,535 21,042 23,585
INCOME BEFORE TAXES ON INCOME 131,975 95,903 71,119
TAXES ON INCOME 1,088 16,308 13,788
SHARE IN LOSSES OF EQUITY METHOD INVESTEE   600 615
NET INCOME 130,887 78,995 56,716
NET LOSS ATTRIBUTABLE TO NON-CONTROLLING INTERESTS 1,498 443 55
NET INCOME ATTRIBUTABLE TO ORBOTECH LTD. $ 132,385 $ 79,438 $ 56,771
EARNINGS PER SHARE ATTRIBUTABLE TO ORBOTECH LTD.:      
Basic $ 2.76 $ 1.74 $ 1.34
Diluted $ 2.71 $ 1.71 $ 1.31
WEIGHTED AVERAGE NUMBER OF SHARES USED IN COMPUTATION OF EARNINGS PER SHARE - IN THOUSANDS:      
Basic 47,989 45,534 42,412
Diluted 48,850 46,461 43,322