|
Consolidated Statements of Operations | |||||||||
|
(in thousands, except share data) | |||||||||
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|
|
|
|
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| ||||
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|
Six Months ended June 30, |
|
Three Months ended June 30, |
|
Year ended December 31, | ||||
|
|
2014 |
|
2013 |
|
2014 |
|
2013 |
|
2013 |
|
|
U.S. dollars |
|
U.S. dollars |
|
U.S. dollars | ||||
|
Revenues |
45,270 |
|
40,339 |
|
23,161 |
|
22,266 |
|
85,405 |
|
Cost of revenues |
23,672 |
|
22,317 |
|
11,693 |
|
12,447 |
|
51,003 |
|
|
|
|
|
|
|
|
|
|
|
|
Gross profit |
21,598 |
|
18,022 |
|
11,468 |
|
9,819 |
|
34,402 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Research and development costs |
6,964 |
|
7,208 |
|
3,530 |
|
3,558 |
|
14,370 |
|
Selling, general and administrative expenses |
10,900 |
|
9,974 |
|
5,374 |
|
5,268 |
|
22,362 |
|
Reorganization and impairment |
- |
|
- |
|
- |
|
- |
|
(3,466) |
|
|
17,864 |
|
17,182 |
|
8,904 |
|
8,826 |
|
33,266 |
|
|
|
|
|
|
|
|
|
|
|
|
Operating income |
3,734 |
|
840 |
|
2,564 |
|
993 |
|
1,136 |
|
|
|
|
|
|
|
|
|
|
|
|
Financial expenses, net |
694 |
|
1,078 |
|
329 |
|
512 |
|
1,738 |
|
|
|
|
|
|
|
|
|
|
|
|
Income (loss) before income |
|
|
|
|
|
|
|
|
|
|
taxes |
3,040 |
|
(238) |
|
2,235 |
|
481 |
|
(602) |
|
|
|
|
|
|
|
|
|
|
|
|
Income tax |
(389) |
|
(293) |
|
(223) |
|
(146) |
|
609 |
|
|
|
|
|
|
|
|
|
|
|
|
Net income (loss) |
2,651 |
|
(531) |
|
2,012 |
|
335 |
|
7 |
|
|
|
|
|
|
|
|
|
|
|
|
Net income (loss) per ordinary share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic |
0.09 |
|
(0.02) |
|
0.07 |
|
0.01 |
|
0.00 |
|
|
|
|
|
|
|
|
|
|
|
|
Diluted |
0.09 |
|
(0.02) |
|
0.07 |
|
0.01 |
|
0.00 |
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average number of ordinary shares outstanding: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic |
30,447 |
|
29,966 |
|
30,467 |
|
30,034 |
|
30,040 |
|
|
|
|
|
|
|
|
|
|
|
|
Diluted |
30,534 |
|
29,971 |
|
30,534 |
|
30,044 |
|
30,094 |
|
|
|
|
|
|
|
|
|
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|
