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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 62,134 $ 90,092
Short-term marketable securities 188,323 83,769
Accounts receivable, net of allowance of $525 and $318 in 2016 and 2015, respectively 6,961 7,818
Inventories 52,564 51,934
Prepaid expenses and other current assets 8,520 6,790
Total current assets 318,502 240,403
PROPERTY AND EQUIPMENT, net 95,296 99,381
INTANGIBLE ASSETS, net 31,502 38,165
GOODWILL 91,849 91,849
DEFERRED TAX ASSETS 12,032 11,843
OTHER ASSETS 6,157 5,896
Total assets 555,338 487,537
CURRENT LIABILITIES:    
Accounts payable 29,727 21,660
Accrued payroll and related expenses 10,756 9,327
Taxes payable 729 3,620
Deferred income on sales to distributors 16,207 15,101
Other accrued liabilities 2,434 2,285
Total current liabilities 59,853 51,993
LONG-TERM INCOME TAXES PAYABLE 2,639 2,511
DEFERRED TAX LIABILITIES 820 1,291
OTHER LIABILITIES 3,921 3,123
Total liabilities 67,233 58,918
COMMITMENTS AND CONTINGENCIES (NOTES 8, 9 and 10)
STOCKHOLDERS’ EQUITY:    
Common stock, $0.001 par value Authorized - 140,000,000 shares Outstanding - 29,249,635 and 28,652,178 shares in 2016 and 2015, respectively 28 28
Additional paid-in capital 172,875 145,366
Accumulated other comprehensive loss (2,710) (1,851)
Retained earnings 317,912 285,076
Total stockholders’ equity 488,105 428,619
Total liabilities and stockholders’ equity $ 555,338 $ 487,537