| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | ||
|---|---|---|---|---|---|---|
ASSETS | ||||||
CURRENT ASSETS: | ||||||
Cash and cash equivalents | ||||||
161,261 | 172,957 | 234,539 | 124,184 | 62,379 | ||
Short-term bank deposits | ||||||
107,647 | 86,829 | 3,713 | 52,997 | 2,989 | ||
Marketable securities | ||||||
34,025 | 15,246 | 0 | - | - | ||
Trade receivables (net of allowance for doubtful debt accounts of $23 and $113 at December 31, 2016 and 2017, respectively) | ||||||
45,315 | 33,330 | 20,410 | 19,263 | 12,728 | ||
Prepaid expenses and other current assets | ||||||
7,407 | 4,804 | 3,293 | 2,078 | 2,083 | ||
Short-term deferred tax asset | ||||||
- | - | - | - | 2,647 | ||
Total current assets | ||||||
355,655 | 313,166 | 261,955 | 198,522 | 82,826 | ||
LONG-TERM ASSETS: | ||||||
Property and equipment, net | ||||||
9,230 | 4,760 | 3,584 | 2,148 | 1,272 | ||
Intangible assets, net | ||||||
15,664 | 14,035 | 18,558 | 0 | - | ||
Goodwill | ||||||
69,217 | 35,145 | 35,145 | 0 | - | ||
Marketable securities | ||||||
27,407 | 20,443 | 0 | - | - | ||
Severance pay fund | ||||||
3,692 | 3,332 | 3,230 | 3,060 | 3,071 | ||
Prepaid expenses and other long-term assets | ||||||
2,368 | 1,761 | 1,954 | 1,021 | 1,012 | ||
Deferred tax assets | ||||||
19,343 | 10,389 | 9,998 | 5,801 | - | ||
Long-term deferred tax asset | ||||||
- | - | - | - | 1,451 | ||
Total long-term assets | ||||||
146,921 | 89,865 | 72,469 | 12,030 | 6,806 | ||
TOTAL ASSETS | ||||||
502,576 | 403,031 | 334,424 | 210,552 | 89,632 | ||
LIABILITIES AND SHAREHOLDERS' EQUITY | ||||||
CURRENT LIABILITIES: | ||||||
Trade payables | ||||||
1,960 | 2,699 | 2,530 | 1,835 | 1,766 | ||
Employees and payroll accruals | ||||||
25,253 | 18,470 | 15,860 | 10,322 | 6,821 | ||
Accrued expenses and other current liabilities | ||||||
10,209 | 6,876 | 9,366 | 6,942 | 4,517 | ||
Deferred revenues | ||||||
66,986 | 50,111 | 37,104 | 22,594 | 18,175 | ||
Total current liabilities | ||||||
104,408 | 78,156 | 64,860 | 41,693 | 31,279 | ||
LONG-TERM LIABILITIES: | ||||||
Deferred revenues | ||||||
38,249 | 23,395 | 17,285 | 9,566 | 6,303 | ||
Accrued severance pay | ||||||
5,712 | 5,035 | 4,667 | 4,101 | 4,070 | ||
Other long-term liabilities | ||||||
242 | 229 | 188 | 184 | - | ||
Deferred tax liabilities | ||||||
- | - | 754 | 0 | - | ||
Warrants to purchase preferred shares | ||||||
- | - | - | - | 2,134 | ||
Total long-term liabilities | ||||||
44,203 | 28,659 | 22,894 | 13,851 | 12,507 | ||
TOTAL LIABILITIES | ||||||
148,611 | 106,815 | 87,754 | 55,544 | 43,786 | ||
COMMITMENTS AND CONTINGENCIES | ||||||
0 | 0 | 0 | 0 | 0 | ||
SHAREHOLDERS' EQUITY: | ||||||
Ordinary shares of NIS 0.01 par value - Authorized: 250,000,000 shares at December 31, 2016 and 2017; Issued and outstanding: 34,250,590 shares and 35,274,888 shares at December 31, 2016 and 2017, respectively | ||||||
91 | 88 | 86 | 79 | 17 | ||
Preferred shares of NIS 0.01 par value - Authorized: 18,215,000 shares and 0 shares at December 31, 2013 and 2014, respectively; Issued and outstanding: 15,958,290 shares and 0 shares at December 31, 2013 and 2014, respectively; | ||||||
- | - | - | - | 41 | ||
Additional paid-in capital | ||||||
249,874 | 221,609 | 200,107 | 134,486 | 34,811 | ||
Accumulated other comprehensive income (loss) | ||||||
107 | -175 | -93 | -333 | 155 | ||
Retained earnings | ||||||
103,893 | 74,694 | 46,570 | 20,776 | 10,822 | ||
Total shareholders' equity | ||||||
353,965 | 296,216 | 246,670 | 155,008 | 45,846 | ||
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | ||||||
502,576 | 403,031 | 334,424 | 210,552 | 89,632 | ||