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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 19,692 $ 27,319
Short-term bank deposits 31,036 3,055
Restricted deposits 1,809 786
Trade receivables (net of allowance for doubtful accounts of $ 2,331 and $ 2,064 at December 31, 2015 and 2016, respectively) 13,702 13,706
Unbilled accounts receivable 4,232 5,597
Other accounts receivable and prepaid expenses (Note 3) 2,751 2,107
Inventories (Note 4) 6,818 7,879
Total current assets 80,040 60,449
LONG-TERM INVESTMENTS AND RECEIVABLES:    
Long-term trade receivables 308 617
Long-term deposits and restricted bank deposits 126 136
Severance pay fund 1,321 1,761
Deferred income taxes (Note 12) 2,114 1,055
Total long-term investments and receivables 3,869 3,569
PROPERTY AND EQUIPMENT, NET (Note 5) 5,301 5,415
INTANGIBLE ASSETS, NET (Note 6) 4,933 1,313
GOODWILL (Note 7) 11,850 4,250
Total assets 105,993 74,996
CURRENT LIABILITIES:    
Trade payables 4,040 3,185
Customer advances 5,602 2,520
Other accounts payable and accrued expenses (Note 8) 11,646 10,748
Total current liabilities 21,288 16,453
LONG-TERM LIABILITIES:    
Deferred revenues 472
Deferred income taxes 167 173
Accrued severance pay 2,089 2,660
Other long-term liabilities 59 15
Total long-term liabilities 2,787 2,848
COMMITMENTS AND CONTINGENT LIABILITIES (Note 9)
SHAREHOLDERS' EQUITY:    
Share capital - Ordinary shares of NIS 1 par value - Authorized: 39,748,000 shares at December 31, 2015 and December 31, 2016; Issued and outstanding: 16,398,872 shares at December 31, 2015 and 22,894,348 shares at December 31, 2016 6,679 4,968
Additional paid-in capital 93,441 69,888
Accumulated other comprehensive income (loss) (1,923) (1,850)
Foreign currency translation adjustments (Company's standalone financial statements) 412 406
Accumulated deficit (16,600) (17,629)
Total Magal shareholders' equity 82,009 55,783
Non-controlling interest (91) (88)
Total shareholders' equity (Note 10) 81,918 55,695
Total liabilities and shareholders' equity $ 105,993 $ 74,996