EZchip Announces First Quarter 2015 Results; Provides Update On Status Of NPS Adoption



 


EZchip Semiconductor Ltd.

Condensed Consolidated Balance Sheet

(U.S. Dollars in thousands)









March 31,


December 31,




2015


2014




(Unaudited)


(Audited)


ASSETS






CURRENT ASSETS:






Cash, cash equivalents, marketable securities and deposits


$      184,121


$      185,757


Trade receivables, net


11,909


10,865


Other receivables


4,765


4,735


Inventories


5,580


6,459


Total current assets


206,375


207,816








NON CURRENT ASSETS:






Severance pay fund


7,108


7,091


Long term investment and others


425


348


Total non current assets


7,533


7,439








PROPERTY AND EQUIPMENT, NET


3,228


3,601








INTANGIBLE ASSETS, NET


17,985


17,312








GOODWILL


127,355


127,355








TOTAL ASSETS


$      362,476


$      363,523







LIABILITIES AND SHAREHOLDERS' EQUITY






CURRENT LIABILITIES:






Trade payables


$          4,432


$          2,664


Other payables and accrued expenses


13,972


13,726


Total current liabilities


18,404


16,390








ACCRUED SEVERANCE PAY


7,862


7,815








SHAREHOLDERS' EQUITY:






Share capital


170


169


Additional paid-in capital


354,168


349,050


Accumulated other comprehensive loss


(692)


(731)


Accumulated deficit


(17,436)


(9,170)


Total shareholders' equity


336,210


339,318








TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY


$        362,476


$        363,523















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