EZchip Announces Fourth Quarter And Full Year 2014 Results

 


EZchip Semiconductor Ltd.

Condensed Consolidated Balance Sheet

(U.S. Dollars in thousands)




December 31,


December 31,



2014


2013



(Unaudited)


(Audited)

ASSETS





CURRENT ASSETS:





Cash, cash equivalents, marketable securities and deposits


$      185,757


$      202,865

Trade receivables, net


10,865


7,416

Other receivables


4,735


3,153

Inventories


6,459


5,969

Total current assets


207,816


219,403






NON CURRENT ASSETS:





Severance pay fund


7,091


7,416

Long term investment and others


348


364

Total non current assets


7,439


7,780






PROPERTY AND EQUIPMENT, NET


3,601


2,114






INTANGIBLE ASSETS, NET


17,312


4,127






GOODWILL


127,355


96,276






TOTAL ASSETS


$      363,523


$      329,700





LIABILITIES AND SHAREHOLDERS' EQUITY





CURRENT LIABILITIES:





Trade payables


$          2,664


$          3,951

Other payables and accrued expenses


13,726


7,309

Total current liabilities


16,390


11,260






ACCRUED SEVERANCE PAY


7,815


8,164






SHAREHOLDERS' EQUITY:





Share capital


169


164

Additional paid-in capital


349,050


328,003

Accumulated other comprehensive income (loss)


(731)


437

Accumulated deficit


(9,170)


(18,328)

Total shareholders' equity


339,318


310,276






TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY


$        363,523


$        329,700












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