|
CEVA, INC. AND ITS SUBSIDIARIES | ||
|
CONDENSED CONSOLIDATED BALANCE SHEETS | ||
|
(U.S. Dollars in thousands) | ||
|
| ||
|
|
June 30, |
December 31, |
|
|
2017 |
2016 (*) |
|
|
Unaudited |
Unaudited |
|
ASSETS |
|
|
|
Current assets: |
|
|
|
Cash and cash equivalents |
$ 17,103 |
$ 18,401 |
|
Marketable securities and short term bank deposits |
102,897 |
108,115 |
|
Trade receivables, net |
10,389 |
15,044 |
|
Prepaid expenses and other current assets |
4,819 |
3,152 |
|
Total current assets |
135,208 |
144,712 |
|
Long-term assets: |
|
|
|
Bank deposits |
50,196 |
29,977 |
|
Severance pay fund |
8,956 |
7,941 |
|
Deferred tax assets |
2,701 |
2,252 |
|
Property and equipment, net |
6,157 |
4,805 |
|
Goodwill |
46,612 |
46,612 |
|
Intangible assets, net |
2,360 |
2,978 |
|
Other long term assets |
4,093 |
3,218 |
|
Total assets |
$ 256,283 |
$ 242,495 |
|
| ||
|
| ||
|
LIABILITIES AND STOCKHOLDERS' EQUITY | ||
|
| ||
|
Current liabilities: |
|
|
|
Trade payables |
$ 290 |
$ 571 |
|
Deferred revenues |
3,388 |
6,258 |
|
Accrued expenses and other payables |
13,502 |
15,766 |
|
Total current liabilities |
17,180 |
22,595 |
|
|
|
|
|
Long-term liabilities: |
|
|
|
Accrued severance pay |
9,450 |
8,349 |
|
|
|
|
|
Total liabilities |
26,630 |
30,944 |
|
|
|
|
|
Stockholders' equity: |
|
|
|
Common stock: |
22 |
21 |
|
Additional paid in-capital |
213,504 |
212,103 |
|
Treasury stock |
(29,060) |
(39,507) |
|
Accumulated other comprehensive loss |
(278) |
(497) |
|
Retained earnings |
45,465 |
39,431 |
|
Total stockholders' equity |
229,653 |
211,551 |
|
Total liabilities and stockholders' equity |
$ 256,283 |
$ 242,495 |
|
|
|
(*) Derived from audited financial statements |
