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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net loss $ (1,190) $ (1,957) $ (3,003)
Adjustments required to reconcile net loss to net cash provided by operating activities:      
Depreciation 1,517 1,593 1,781
Equity-based compensation expenses related to employees’ stock options, SARs and RSUs 7,631 6,804 5,861
Capital loss from sale and disposal of property and equipment 9 19
Realized losses from sale of marketable securities, net 73 41 50
Amortization of intangible assets 417 1,700 1,700
Operating lease right-of-use asset amortization expenses 1,347
Change in operating lease liability (562)
Accrued interest and amortization of premium on marketable securities and short-term deposits 337 601 372
Change in operating assets and liabilities:      
Deferred income tax assets and liabilities, net (2,833) (2,814) (459)
Trade receivables, net (1,916) (107) 5,728
Other accounts receivable and prepaid expenses 817 (76) (1,142)
Inventories 2,345 (431) 363
Long-term prepaid expenses and lease deposits (28) (159) (212)
Trade payables (1,197) 927 (3,893)
Accrued compensation and benefits 2,515 1,598 1,878
Income tax accruals 1,653 180 39
Accrued expenses and other accounts payable (573) 767 (704)
Accrued severance pay, net 84 (8) 117
Accrued pensions 26 32 18
Net cash provided by operating activities 10,472 8,691 8,513
Cash flows from investing activities:      
Purchase of marketable securities (57,558) (27,564) (38,924)
Purchase of short-term deposits (15,942) (8,668) (10,884)
Proceeds from maturity of marketable securities 44,396 20,501 21,499
Proceeds from sales of marketable securities 25,064 5,113 19,226
Proceeds from redemption of short-term deposits 14,420 5,668 8,309
Purchases of property and equipment (5,638) (1,181) (838)
Proceeds from sale of fixed assets 51
Other investing activities (518) (104)
Net cash provided by (used in) investing activities 4,275 (6,235) (1,612)
Cash flows from financing activities:      
Issuance of common stock and treasury stock upon exercise of stock options 1,351 738 1,509
Purchase of treasury stock (12,343) (4,465)
Net cash provided by (used in) financing activities 1,351 (11,605) (2,956)
Increase (decrease) in cash and cash equivalents and restricted cash 16,098 (9,149) 3,945
Cash and cash equivalents and restricted cash at the beginning of the year 12,639 21,848 17,822
Cash (erosion) due to exchange rate differences (60) 81
Cash and cash equivalents and restricted cash at the end of the year 28,737 12,639 21,848
Supplemental disclosures of cash flows information:      
Cash and cash equivalent 28,737 12,146 21,324
Restricted cash 493 524
Total cash and cash equivalents and restricted cash 28,737 12,639 21,848
Supplemental disclosures of cash flows activities:      
Cash paid for income taxes (495) (902) (219)
Cash received for income taxes 702
Net lease liabilities arising from obtaining right-of-use asset $ 1,114