| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|
REVENUES: | ||||||||
Sales of licenses | ||||||||
2,441 | 3,924 | 3,942 | 5,397 | 4,613 | 5,960 | 5,154 | 6,553 | 6,135 |
Services | ||||||||
15,621 | 14,128 | 16,986 | 19,623 | 13,867 | 14,249 | 13,759 | 13,333 | 11,439 |
Less stock- based compensation granted to a customer | ||||||||
- | - | - | - | - | - | - | - | 0 |
Revenues, Total | ||||||||
18,062 | 18,052 | 20,928 | 25,020 | 18,480 | 20,209 | 18,913 | 19,886 | 17,574 |
COST OF REVENUES | ||||||||
Cost of sales of licenses | ||||||||
238 | 349 | 418 | 488 | 421 | 853 | 398 | 443 | 483 |
Cost of services | ||||||||
6,795 | 6,482 | 8,212 | 9,462 | 7,450 | 6,999 | 6,078 | 5,724 | 5,930 |
Cost of Revenue, Total | ||||||||
7,033 | 6,831 | 8,630 | 9,950 | 7,871 | 7,852 | 6,476 | 6,167 | 6,413 |
GROSS PROFIT | ||||||||
11,029 | 11,221 | 12,298 | 15,070 | 10,609 | 12,357 | 12,437 | 13,719 | 11,161 |
RESEARCH AND DEVELOPMENT EXPENSES | ||||||||
3,417 | 3,517 | 2,943 | 4,539 | 5,030 | 4,643 | 4,673 | 4,057 | 4,448 |
SELLING AND MARKETING EXPENSES | ||||||||
1,250 | 1,105 | 1,173 | 1,140 | 1,694 | 1,524 | 1,995 | 2,119 | 2,220 |
GENERAL AND ADMINISTRATIVE EXPENSES | ||||||||
1,676 | 1,393 | 1,766 | 1,934 | 1,726 | 1,818 | 1,834 | 1,555 | 2,324 |
IMPAIRMENT OF GOODWILL | ||||||||
- | - | - | - | - | - | - | 586 | 0 |
IMPAIRMENT OF INTANGIBLE ASSETS | ||||||||
- | - | - | - | - | - | - | 407 | 0 |
OPERATING INCOME | ||||||||
4,686 | 5,206 | 6,416 | 7,457 | 2,159 | 4,372 | 3,935 | 4,995 | 2,169 |
GAIN ON DISPOSAL OF A SUBSIDIARY | ||||||||
893 | 0 | 0 | - | - | - | - | - | - |
FINANCIAL INCOME (EXPENSES) - net | ||||||||
630 | 166 | -114 | -306 | 163 | 298 | 171 | 49 | - |
AUCTION RATE SECURITIES SETTLEMENT | ||||||||
- | - | - | - | - | - | - | - | -18,500 |
IMPAIRMENT OF AUCTION RATE SECURITIES | ||||||||
- | - | - | - | - | - | - | - | 941 |
OTHER FINANCIAL INCOME - net | ||||||||
- | - | - | - | - | - | - | - | 256 |
INCOME BEFORE TAXES ON INCOME | ||||||||
6,209 | 5,372 | 6,302 | 7,151 | 2,322 | 4,670 | 4,106 | 5,044 | 19,984 |
TAXES ON INCOME | ||||||||
597 | 1,169 | 1,284 | 1,668 | 137 | 392 | -185 | 188 | 197 |
NET INCOME | ||||||||
5,612 | 4,203 | 5,018 | 5,483 | 2,185 | 4,278 | 4,291 | 4,856 | 19,787 |
EARNINGS PER SHARE - Basic and diluted | ||||||||
0.29 | 0.22 | 0.26 | 0.29 | 0.12 | 0.23 | 0.23 | 0.26 | 1.04 |
WEIGHTED AVERAGE NUMBER OF ORDINARY SHARES USED IN COMPUTATION OF EARNINGS PER SHARE - IN THOUSANDS | ||||||||
Basic | ||||||||
19,292 | 19,234 | 19,183 | 18,949 | 18,869 | 18,767 | 18,679 | 18,467 | 19,012 |
Diluted | ||||||||
19,559 | 19,307 | 19,283 | 19,032 | 18,890 | 18,846 | 18,803 | 18,613 | 19,012 |