| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
|---|---|---|---|---|---|---|---|---|---|
Revenues: | |||||||||
Products and licenses | |||||||||
559,026 | 572,964 | 555,792 | 520,312 | 496,930 | 497,612 | 503,475 | 444,400 | 361,633 | 338,317 |
Security subscriptions | |||||||||
480,352 | 389,885 | 318,624 | 265,021 | 217,088 | 170,599 | 105,790 | - | - | - |
Software updates and maintenance | |||||||||
815,280 | 778,452 | 755,422 | 710,483 | 680,087 | 674,484 | 637,721 | 653,468 | 562,784 | 470,173 |
Total revenues | |||||||||
1,854,658 | 1,741,301 | 1,629,838 | 1,495,816 | 1,394,105 | 1,342,695 | 1,246,986 | 1,097,868 | 924,417 | 808,490 |
Operating expenses: | |||||||||
Cost of products and licenses | |||||||||
104,210 | 105,967 | 101,158 | 95,868 | 88,862 | 87,097 | 81,043 | 75,426 | 61,495 | 34,648 |
Cost of security subscriptions | |||||||||
18,869 | 10,841 | 7,623 | 5,626 | 5,480 | 6,296 | 11,732 | - | - | - |
Cost of software updates and maintenance | |||||||||
87,700 | 83,011 | 78,468 | 74,807 | 67,680 | 61,786 | 51,737 | 55,721 | 43,551 | 33,407 |
Amortization of technology | |||||||||
2,184 | 2,184 | 1,808 | 240 | 612 | 3,982 | 31,171 | 32,826 | 28,224 | 24,554 |
Total cost of revenues | |||||||||
212,963 | 202,003 | 189,057 | 176,541 | 162,634 | 159,161 | 175,683 | 163,973 | 133,270 | 92,609 |
Research and development | |||||||||
192,386 | 178,372 | 149,279 | 133,300 | 121,764 | 111,911 | 110,147 | 105,748 | 89,743 | 91,629 |
Selling and marketing | |||||||||
433,427 | 420,526 | 359,804 | 306,363 | 276,067 | 255,345 | 253,800 | 235,301 | 220,877 | 214,439 |
General and administrative | |||||||||
91,965 | 88,130 | 91,981 | 78,558 | 72,735 | 69,743 | 65,182 | 57,244 | 56,409 | 53,313 |
Restructuring and other acquisition related costs | |||||||||
- | - | - | - | - | - | - | 588 | 9,101 | - |
Total operating expenses | |||||||||
930,741 | 889,031 | 790,121 | 694,762 | 633,200 | 596,160 | 604,812 | 562,854 | 509,400 | 451,990 |
Operating income | |||||||||
923,917 | 852,270 | 839,717 | 801,054 | 760,905 | 746,535 | 642,174 | 535,014 | 415,017 | 356,500 |
Financial income, net | |||||||||
47,029 | 44,402 | 34,073 | 28,762 | 34,931 | 40,332 | 39,023 | 30,164 | 32,058 | 40,876 |
Income before taxes on income | |||||||||
970,946 | 896,672 | 873,790 | 829,816 | 795,836 | - | - | - | - | - |
Gain on sale of marketable securities previously impaired | |||||||||
- | - | - | - | - | - | 2,017 | -785 | - | - |
Net gain (impairment net of gains) on sale of marketable securities previously impaired | |||||||||
- | - | - | - | - | - | - | - | 1,277 | - |
Other than temporary impairment, net of gain on sale of marketable securities previously impaired | |||||||||
- | - | - | - | - | - | - | - | - | 11,221 |
Income before taxes on income | |||||||||
- | - | - | - | - | 786,867 | 683,214 | 564,393 | 445,798 | 386,155 |
Taxes on income | |||||||||
168,023 | 171,825 | 187,924 | 170,245 | 143,036 | 166,867 | 139,248 | 111,567 | 88,275 | 62,189 |
Net income | |||||||||
802,923 | 724,847 | 685,866 | 659,571 | 652,800 | 620,000 | 543,966 | 452,826 | 357,523 | 323,966 |
Basic earnings per ordinary share | |||||||||
4.93 | 4.26 | 3.83 | 3.50 | 3.34 | 3.04 | 2.63 | 2.18 | 1.71 | 1.51 |
Diluted earnings per ordinary share | |||||||||
4.82 | 4.18 | 3.74 | 3.43 | 3.27 | 2.96 | 2.54 | 2.13 | 1.68 | 1.50 |