RADWARE LTD RDWR Balance Sheet

Radware ltd (RDWR)

Balance Sheet / TTM

Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10
ASSETS
CURRENT ASSETS:
Cash and cash equivalents
65,237	79,639	33,744	44,979	20,067	20,048	17,386	15,284
Available-for-sale marketable securities
42,573	20,452	16,003	29,448	30,372	14,004	10,334	24,200
Short-term bank deposits
93,151	125,995	80,922	29,989	84,387	54,155	88,773	51,441
Trade receivables (net of allowance for doubtful accounts and sales reserves in a total amount of $ 1,993 and $ 1,236 in 2017 and 2016, respectively)
16,150	19,407	26,410	25,637	24,911	18,408	12,565	16,543
Other current assets and prepaid expenses
12,252	4,159	5,042	4,939	6,323	3,975	3,218	3,402
Inventories
18,772	17,114	16,322	16,844	14,190	12,545	12,147	9,722
Total current assets
248,135	266,766	178,443	151,836	180,250	123,135	144,423	120,592
LONG-TERM INVESTMENTS:
Available-for-sale marketable securities
54,427	74,967	87,814	114,519	113,377	121,114	102,644	82,864
Long-term bank deposits
88,911	19,092	96,643	111,754	37,497	65,625	-	5,000
Severance pay fund
3,251	2,597	2,724	3,040	3,319	2,957	3,047	3,342
Total long-term investments
146,589	96,656	187,181	229,313	154,193	189,696	105,691	91,206
Property and equipment, net
23,642	26,354	26,203	20,592	17,523	13,589	11,084	11,801
Deferred tax asset, net
-	-	-	-	-	-	-	41
Intangible assets, net
10,415	2,399	3,518	4,756	5,070	5,128	8,163	12,011
Goodwill
32,174	30,069	30,069	30,069	30,069	24,465	24,465	24,465
Other long-term assets
8,133	8,092	5,473	6,007	1,629	1,637	1,365	519
Total assets
469,088	430,336	430,887	442,573	388,734	357,650	295,191	260,635
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Trade payables
5,367	5,971	9,255	9,817	8,798	9,915	5,099	5,913
Deferred revenues
69,829	53,061	46,061	41,966	38,674	36,304	35,516	32,907
Employees and payroll accruals
16,470	11,713	10,791	11,084	8,576	6,559	7,748	-
Other payables and accrued expenses
15,704	14,519	11,307	12,959	10,656	8,354	6,984	14,316
Total current liabilities
107,370	85,264	77,414	75,826	66,704	61,132	55,347	53,136
LONG-TERM LIABILITIES:
Deferred revenues
43,482	31,100	25,136	25,382	20,036	16,486	16,978	18,610
Other long-term liabilities
2,880	14,209	9,214	7,668	7,874	8,802	3,545	-
Accrued severance pay
-	-	-	-	-	-	-	3,899
Total long-term liabilities
46,362	45,309	34,350	33,050	27,910	25,288	20,523	22,509
COMMITMENTS AND CONTINGENT LIABILITIES
0	0	0	0	0	0	0	0
SHAREHOLDERS' EQUITY:
Share capital -
Ordinary shares of NIS 0.05 par value - Authorized: 60,000,000 at December 31, 2017 and 2016; Issued: 53,884,864 and 52,913,976 shares at December 31, 2017 and 2016, respectively; Outstanding: 44,133,954 and 43,188,850 shares at December 31, 2017 and 2016, respectively
673	663	661	654	611	599	574	506
Additional paid-in capital
349,250	325,338	312,784	294,084	262,809	249,739	233,353	218,593
Treasury stock (9,750,910) and (9,725,128) of Ordinary shares at December 31, 2017 and 2016, respectively
116,442	116,029	94,049	41,153	25,984	18,082	18,082	18,036
Accumulated other comprehensive loss
-443	-20	1,257	211	1,733	2,078	-1,663	125
Retained earnings
82,318	89,811	98,470	79,901	54,951	36,896	5,139	-16,198
Total shareholders' equity
315,356	299,763	319,123	333,697	294,120	271,230	219,321	184,990
Total liabilities and shareholders' equity
469,088	430,336	430,887	442,573	388,734	357,650	295,191	260,635