| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
|---|---|---|---|---|---|---|---|---|---|
Revenues: | |||||||||
Products | |||||||||
318,946 | 306,252 | 317,900 | 289,560 | 280,140 | 369,381 | 355,760 | 325,429 | 281,783 | 351,680 |
Services | |||||||||
652,040 | 623,783 | 573,033 | 582,435 | 541,375 | 509,631 | 438,071 | 364,022 | 301,332 | 272,482 |
Cloud | |||||||||
361,166 | 85,507 | 35,934 | - | - | - | - | - | - | - |
Total revenues | |||||||||
1,332,152 | 1,015,542 | 926,867 | 871,995 | 821,515 | 879,012 | 793,831 | 689,451 | 583,115 | 624,162 |
Cost of revenues: | |||||||||
Products | |||||||||
51,065 | 53,032 | 66,363 | 63,919 | 69,335 | 122,917 | 116,256 | 107,190 | 88,030 | 95,861 |
Services | |||||||||
225,020 | 250,022 | 222,784 | 239,592 | 230,279 | 228,306 | 191,049 | 161,885 | 149,175 | 142,885 |
Cloud | |||||||||
192,588 | 34,679 | 14,435 | - | - | - | - | - | - | - |
Total cost of revenues | |||||||||
468,673 | 337,733 | 303,582 | 303,511 | 299,614 | 351,223 | 307,305 | 269,075 | 237,205 | 238,746 |
Gross profit | |||||||||
863,479 | 677,809 | 623,285 | 568,484 | 521,901 | 527,789 | 486,526 | 420,376 | 345,910 | 385,416 |
Operating expenses: | |||||||||
Research and development, net | |||||||||
181,107 | 141,528 | 128,485 | 123,141 | 115,431 | 121,387 | 109,127 | 97,083 | 77,382 | 78,445 |
Selling and marketing | |||||||||
361,328 | 268,349 | 225,817 | 231,097 | 214,579 | 230,162 | 199,044 | 178,407 | 141,526 | 147,879 |
General and administrative | |||||||||
129,071 | 116,569 | 90,349 | 83,360 | 86,467 | 96,134 | 95,650 | 76,345 | 72,791 | 97,378 |
Amortization of acquired intangibles | |||||||||
41,902 | 17,187 | 12,528 | 19,157 | 29,438 | 32,590 | 23,677 | 19,489 | 16,012 | 14,493 |
Restructuring expenses | |||||||||
- | - | - | 5,435 | 527 | 1,884 | 0 | - | - | - |
Settlement and related expenses | |||||||||
- | - | - | - | - | - | - | - | - | 9,870 |
Total operating expenses | |||||||||
713,408 | 543,633 | 457,179 | 462,190 | 446,442 | 482,157 | 427,498 | 371,324 | 307,711 | 348,065 |
Operating income | |||||||||
150,071 | 134,176 | 166,106 | 106,294 | 75,459 | 45,632 | 59,028 | 49,052 | 38,199 | 37,351 |
Financial income (expenses) and other, net | |||||||||
-20,411 | 10,305 | 5,304 | 3,765 | 3,927 | 8,268 | 10,621 | 9,185 | 7,597 | 11,236 |
Equity in losses of affiliated company | |||||||||
- | - | - | - | - | 0 | - | - | - | - |
Income before taxes on income | |||||||||
129,660 | 144,481 | 171,410 | 110,059 | 79,386 | 53,900 | 69,649 | 58,237 | 45,796 | 48,587 |
Taxes on income (tax benefit) | |||||||||
-13,631 | 21,412 | 30,832 | 9,909 | 26,915 | -13,994 | 12,386 | 9,530 | 3,040 | 9,480 |
Net income from continuing operations | |||||||||
143,291 | 123,069 | 140,578 | 100,150 | 52,471 | - | - | - | - | - |
Discontinued operations: | |||||||||
Gain on disposal and income (loss) from operations | |||||||||
0 | -8,235 | 152,459 | 4,965 | 4,294 | - | - | - | - | - |
Taxes on income (tax benefit) | |||||||||
0 | -2,086 | 34,206 | 2,040 | 1,490 | - | - | - | - | - |
Net income (loss) on discontinued operations | |||||||||
0 | -6,149 | 118,253 | 2,925 | 2,804 | - | - | - | - | - |
Net income | |||||||||
143,291 | 116,920 | 258,831 | 103,075 | 55,275 | 67,894 | 57,263 | 48,707 | 42,756 | 39,107 |
Basic earnings per share from continuing operations | |||||||||
2.37 | 2.06 | 2.36 | 1.69 | 0.87 | - | - | - | - | - |
Basic earnings per share from discontinued operations | |||||||||
0.00 | -0.10 | 1.99 | 0.05 | 0.05 | - | - | - | - | - |
Basic earnings per share | |||||||||
2.37 | 1.96 | 4.35 | 1.74 | 0.92 | 1.11 | 0.91 | 0.78 | 0.70 | 0.65 |
Diluted earnings per share from continuing operations | |||||||||
2.31 | 2.02 | 2.29 | 1.64 | 0.85 | - | - | - | - | - |
Diluted earnings per share from discontinued operations | |||||||||
0.00 | -0.10 | 1.93 | 0.05 | 0.04 | - | - | - | - | - |
Diluted earnings per share | |||||||||
2.31 | 1.92 | 4.22 | 1.69 | 0.89 | 1.09 | 0.89 | 0.76 | 0.68 | 0.64 |
Weighted average number of shares used in computing: | |||||||||
Basic earnings per share | |||||||||
60 | 59 | 59 | 59 | 60 | 60 | - | - | - | - |
Diluted earnings per share | |||||||||
62 | 61 | 61 | 60 | 61 | 62 | - | - | - | - |