XML 12 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Mar. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 600,399 $ 576,757
Short-term and current maturities of long-term bank deposits 782,813 648,297
Marketable securities 3,548 3,572
Accounts receivable and other:    
Trade, net 203,924 238,611
Other receivables and prepaid expenses 266,280 270,724
Inventories 141,045 138,553
Long-term assets held for sale, net 1,015 1,081
TOTAL CURRENT ASSETS 1,999,024 1,877,595
LONG-TERM BANK DEPOSITS 70,685 115,173
PROPERTY, PLANT AND EQUIPMENT, NET 180,085 159,459
OTHER ASSETS 39,959 35,806
TOTAL ASSETS 2,289,753 2,188,033
Accounts payable:    
Trade payables 16,394 18,853
Other current liabilities 193,443 226,609
TOTAL CURRENT LIABILITIES 209,837 245,462
LONG-TERM LIABILITIES:    
Deferred income taxes 2,114 2,232
Other long-term liabilities 3,996 3,195
TOTAL LONG-TERM LIABILITIES 6,110 5,427
COMMITMENTS AND CONTINGENT LIABILITIES
TOTAL LIABILITIES 215,947 250,889
Taro shareholders' equity:    
Ordinary shares of NIS 0.0001 par value: Authorized at March 31, 2017 and March 31, 2016: 200,000,000 shares; Issued at March 31, 2017 and March 31, 2016: 45,116,262 shares, Outstanding at March 31, 2017 and March 31, 2016: 40,513,209 and 42,765,934 shares, respectively 679 679
Founders' shares of NIS 0.00001 par value: Authorized, issued and outstanding at March 31, 2017 and March 31, 2016: 2,600 shares 1 1
Additional paid-in capital 262,445 262,445
Accumulated other comprehensive income, net of taxes (148,133) (123,026)
Treasury stock at March 31, 2017 and March 31, 2016: 4,603,053 and 2,350,328 shares, respectively (498,675) (203,778)
Accumulated earnings 2,451,177 1,994,821
Taro shareholders' equity 2,067,494 1,931,142
Non-controlling interest 6,312 6,002
TOTAL SHAREHOLDERS’ EQUITY 2,073,806 1,937,144
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 2,289,753 $ 2,188,033