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Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and cash equivalent $ 28,737,000 $ 12,146,000
Restricted deposits 518,000 493,000
Marketable securities and short-term deposits (Note 3) 39,141,000 35,713,000
Trade receivables 15,382,000 13,475,000
Other accounts receivable and prepaid expenses (Note 5) 3,551,000 3,670,000
Inventories (Note 6) 7,464,000 9,819,000
Total current assets 94,793,000 75,316,000
PROPERTY AND EQUIPMENT, NET (Note 7) 6,805,000 2,748,000
NON-CURRENT ASSETS:    
Long-term marketable securities and long-term deposits (Note 3) 62,884,000 75,538,000
Long-term prepaid expenses and lease deposits 707,000 1,229,000
Deferred income taxes (Note 15) 6,377,000 3,580,000
Severance pay fund 15,800,000 14,158,000
Operating leases: right-of-use assets (Note 4) 11,655,000
Intangible assets, net (Note 8) 661,000 1,078,000
Goodwill 6,243,000 6,243,000
Total non-current assets 104,327,000 101,826,000
Total assets 205,925,000 179,890,000
CURRENT LIABILITIES:    
Trade payables 8,511,000 9,579,000
Operating lease liability (Note 4) 2,569,000
Accrued compensation and benefits 8,781,000 8,255,000
Income tax accruals and payables 3,061,000 1,404,000
Accrued expenses and other accounts payable (Note 10) 2,317,000 3,461,000
Total current liabilities 25,239,000 22,699,000
NON-CURRENT LIABILITIES:    
Deferred income taxes, net (Note 15) 119,000 151,000
Accrued severance pay 16,074,000 14,348,000
Operating lease liability (Note 4) 10,436,000
Accrued pensions (Note 11) 963,000 827,000
Total non-current liabilities 27,592,000 15,326,000
COMMITMENTS AND CONTINGENCIES (Note 14)
STOCKHOLDERS’ EQUITY (Note 13):    
Common stock, $0.001 par value - Authorized: 50,000,000 shares at December 31, 2019 and 2018; Issued and outstanding: 23,110,631 and 22,265,971 shares at December 31, 2019 and 2018, respectively 23,000 22,000
Additional paid-in capital 386,534,000 378,855,000
Treasury stock at cost (113,862,000) (122,325,000)
Accumulated other comprehensive loss (889,000) (2,324,000)
Accumulated deficit (118,712,000) (112,363,000)
Total stockholders’ equity 153,094,000 141,865,000
Total liabilities and stockholders’ equity $ 205,925,000 $ 179,890,000