For more information about all of the foregoing items, see the Reconciliation, the Company's Annual Report on Form 20-F filed with the SEC for the year ended December 31, 2016, and its other SEC filings.
|
ORBOTECH LTD. | ||||
|
CONDENSED CONSOLIDATED BALANCE SHEETS | ||||
|
U. S. dollars in thousands | ||||
|
(Unaudited) | ||||
|
|
June 30, |
|
December 31, |
|
|
|
2017 |
|
2016 |
|
|
ASSETS |
|
|
|
|
|
|
|
|
|
|
|
CURRENT ASSETS: |
|
|
|
|
|
Cash and cash equivalents |
$ 214,608 |
|
$ 216,292 |
|
|
Restricted cash |
|
|
12,487 |
|
|
Marketable securities |
204 |
|
|
|
|
Short-term bank deposits |
3,442 |
|
789 |
|
|
Accounts receivable - trade |
361,237 |
|
326,343 |
|
|
Prepaid expenses and other current assets |
48,316 |
|
47,258 |
|
|
Inventories |
152,142 |
|
132,435 |
|
|
T o t a l current assets |
779,949 |
|
735,604 |
|
|
|
|
|
|
|
|
INVESTMENTS AND NON-CURRENT ASSETS: |
|
|
|
|
|
Marketable securities |
8,064 |
|
7,012 |
|
|
Funds in respect of employee rights upon retirement |
10,121 |
|
8,375 |
|
|
Deferred income taxes |
21,740 |
|
19,840 |
|
|
Equity method investee and other receivables |
5,191 |
|
9,113 |
|
|
|
45,116 |
|
44,340 |
|
|
|
|
|
|
|
|
PROPERTY, PLANT AND EQUIPMENT, net |
65,092 |
|
62,375 |
|
|
|
|
|
|
|
|
OTHER INTANGIBLE ASSETS, net |
80,263 |
|
84,210 |
|
|
|
|
|
|
|
|
GOODWILL |
176,804 |
|
176,374 |
|
|
|
|
|
|
|
|
T o t a l assets |
$ 1,147,224 |
|
$ 1,102,903 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
LIABILITIES AND EQUITY |
|
|
|
|
|
|
|
|
|
|
|
CURRENT LIABILITIES: |
|
|
|
|
|
Current maturities of long-term loan |
$ 16,364 |
|
$ 16,364 |
|
|
Accounts payable and accruals: |
|
|
|
|
|
Trade |
84,494 |
|
72,085 |
|
|
Other |
102,719 |
|
114,692 |
|
|
Deferred income |
31,009 |
|
28,576 |
|
|
T o t a l current liabilities |
234,586 |
|
231,717 |
|
|
|
|
|
|
|
|
LONG-TERM LIABILITIES: |
|
|
|
|
|
Long-term loan, net |
55,886 |
|
72,002 |
|
|
Liability with respect to Applied Microstructure, Inc. ("AMST") |
1,471 |
|
1,471 |
|
|
Liability for employee rights upon retirement |
23,753 |
|
22,973 |
|
|
Deferred income taxes |
13,169 |
|
14,392 |
|
|
Other tax liabilities |
9,226 |
|
7,567 |
|
|
T o t a l long-term liabilities |
103,505 |
|
118,405 |
|
|
|
|
|
|
|
|
T o t a l liabilities |
338,091 |
|
350,122 |
|
|
|
|
|
|
|
|
EQUITY: |
|
|
|
|
|
Share capital |
2,386 |
|
2,381 |
|
|
Additional paid-in capital |
425,919 |
|
420,185 |
|
|
Retained earnings |
480,109 |
|
440,159 |
|
|
Accumulated other comprehensive loss |
(2,732) |
|
(9,221) |
|
|
|
905,682 |
|
853,504 |
|
|
Less treasury shares, at cost |
(99,539) |
|
(99,539) |
|
|
T o t a l Orbotech Ltd. equity |
806,143 |
|
753,965 |
|
|
Non-controlling interest |
2,990 |
|
(1,184) |
|
|
T o t a l equity |
809,133 |
|
752,781 |
|
|
|
|
|
|
|
|
T o t a l liabilities and equity |
$ 1,147,224 |
|
$ 1,102,903 |
|
