For more information about all of the foregoing items, see the Reconciliation, the Company's Annual Report on Form 20-F filed with the SEC for the year ended December 31, 2014 and its other SEC filings.
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ORBOTECH LTD. | |||||
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CONDENSED CONSOLIDATED BALANCE SHEETS | |||||
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U. S. dollars in thousands | |||||
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December 31 |
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December 31 |
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2015 |
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2014 |
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ASSETS |
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CURRENT ASSETS: |
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Cash and cash equivalents |
$ 165,607 |
|
$ 136,367 |
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Restricted cash |
13,617 |
|
10,000 |
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Marketable securities |
409 |
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Short-term bank deposits |
6,045 |
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10,000 |
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Accounts receivable: |
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Trade |
284,192 |
|
248,071 |
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Other |
55,906 |
|
39,076 |
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Deferred income taxes |
- |
|
8,213 |
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Inventories |
133,250 |
|
157,030 |
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T o t a l current assets |
659,026 |
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608,757 |
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INVESTMENTS AND NON-CURRENT ASSETS: |
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Marketable securities |
5,637 |
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5,890 |
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Funds in respect of employee rights upon retirement |
8,130 |
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9,755 |
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Deferred income taxes |
20,147 |
|
13,067 |
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Equity method investee and other receivables |
10,144 |
|
8,926 |
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Deferred financing costs |
5,460 |
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7,470 |
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49,518 |
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45,108 |
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PROPERTY, PLANT AND EQUIPMENT, net |
58,982 |
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55,580 |
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OTHER INTANGIBLE ASSETS, net |
109,635 |
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145,082 |
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GOODWILL |
170,177 |
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179,445 |
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T o t a l assets |
$ 1,047,338 |
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$ 1,033,972 |
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LIABILITIES AND EQUITY |
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CURRENT LIABILITIES: |
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Current maturities of long-term loan |
$ 13,937 |
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$ 2,636 |
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Accounts payable and accruals: |
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Trade |
65,037 |
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64,683 |
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Other |
94,930 |
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81,747 |
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Deferred income |
29,282 |
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38,008 |
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T o t a l current liabilities |
203,186 |
|
187,074 |
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LONG-TERM LIABILITIES: |
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Long-term loan |
223,832 |
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293,851 |
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Liability for employee rights upon retirement |
21,535 |
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22,763 |
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Deferred income taxes |
16,984 |
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20,185 |
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Other tax liabilities |
14,045 |
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13,218 |
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T o t a l long-term liabilities |
276,396 |
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350,017 |
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T o t a l liabilities |
479,582 |
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537,091 |
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EQUITY: |
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Share capital |
2,209 |
|
2,163 |
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Additional paid-in capital |
306,612 |
|
293,056 |
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Retained earnings |
360,721 |
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303,950 |
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Accumulated other comprehensive loss |
(1,506) |
|
(1,980) |
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|
668,036 |
|
597,189 |
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Less treasury shares, at cost |
(99,539) |
|
(99,539) |
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T o t a l Orbotech Ltd. shareholders' equity |
568,497 |
|
497,650 |
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Non-controlling interest |
(741) |
|
(769) |
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T o t a l equity |
567,756 |
|
496,881 |
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T o t a l liabilities and equity |
$ 1,047,338 |
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$ 1,033,972 |
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