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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 105,296 $ 108,212
Current investments 441,337 427,348
Accounts receivable, less reserves of $1,567 and $1,646 in 2019 and 2018, respectively 106,424 119,172
Unbilled revenue 10,202 8,312
Inventories 79,208 83,282
Prepaid expenses and other current assets 30,778 34,000
Total current assets 773,245 780,326
Non-current investments 317,054 262,039
Property, plant, and equipment, net 91,273 91,396
Operating Lease, Right-of-Use Asset 17,354 0
Goodwill 113,208 113,208
Intangible assets, net 9,344 10,113
Deferred income taxes 28,596 28,660
Other assets 3,698 3,925
Total assets 1,353,772 1,289,667
Current liabilities:    
Accounts payable 20,529 16,230
Accrued expenses 48,948 60,220
Accrued income taxes 1,560 5,062
Deferred revenue and customer deposits 16,625 9,845
Operating Lease, Liability, Current 5,383 0
Total current liabilities 93,045 91,357
Operating Lease, Liability, Noncurrent 11,953 0
Deferred income taxes 0 962
Reserve for income taxes 7,748 7,106
Non-current accrued income taxes 51,113 51,113
Other liabilities 1,054 3,866
Total liabilities 164,913 154,404
Preferred Stock, Value, Outstanding 0 0
Shareholders’ equity:    
Common stock, $.002 par value – Authorized: 300,000 shares in 2019 and 2018, respectively, issued and outstanding: 171,537 and 170,820 shares in 2019 and 2018, respectively 343 342
Additional paid-in capital 555,834 529,208
Retained earnings 670,754 646,214
Accumulated other comprehensive loss, net of tax (38,072) (40,501)
Total shareholders’ equity 1,188,859 1,135,263
Total liabilities and shareholders' equity $ 1,353,772 $ 1,289,667