|
CEVA, INC. AND ITS SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (U.S. Dollars in thousands) | ||
|
|
December 31, |
December 31, |
|
|
2015 |
2014 (*) |
|
|
Unaudited |
Unaudited |
|
ASSETS |
|
|
|
Current assets: |
|
|
|
Cash and cash equivalents |
$ 18,909 |
$ 16,166 |
|
Marketable securities and short term bank deposits |
79,033 |
85,277 |
|
Trade receivables, net |
4,068 |
8,347 |
|
Prepaid expenses and other current assets |
4,017 |
3,982 |
|
Total current assets |
106,027 |
113,772 |
|
Long-term assets: |
|
|
|
Long term bank deposits |
41,334 |
28,424 |
|
Severance pay fund |
7,297 |
7,011 |
|
Deferred tax assets |
1,628 |
1,263 |
|
Property and equipment, net |
3,731 |
2,605 |
|
Goodwill |
46,612 |
46,612 |
|
Investment in other company |
1,806 |
1,806 |
|
Other intangible assets |
4,214 |
5,512 |
|
Total assets |
$ 212,649 |
$ 207,005 |
|
LIABILITIES AND STOCKHOLDERS' EQUITY |
|
|
|
Current liabilities: |
|
|
|
Trade payables |
$ 693 |
$ 864 |
|
Deferred revenues |
2,763 |
1,681 |
|
Accrued expenses and other payables |
14,697 |
16,711 |
|
Taxes payable |
830 |
739 |
|
Total current liabilities |
18,983 |
19,995 |
|
|
|
|
|
Long-term liabilities: |
|
|
|
Accrued severance pay |
7,571 |
7,096 |
|
Deferred tax liabilities |
- |
865 |
|
|
|
|
|
Total liabilities |
26,554 |
27,956 |
|
|
|
|
|
Stockholders' equity: |
|
|
|
Common stock: |
21 |
20 |
|
Additional paid in-capital |
208,744 |
209,426 |
|
Treasury stock |
(51,798) |
(54,708) |
|
Accumulated other comprehensive loss |
(419) |
(436) |
|
Retained earnings |
29,547 |
24,747 |
|
Total stockholders' equity |
186,095 |
179,049 |
|
Total liabilities and stockholders' equity |
$ 212,649 |
$ 207,005 |
|
| |
|
(*) Derived from audited financial statements |
