EZchip Announces Record Third Quarter 2013 Results

 


EZchip Semiconductor Ltd.

Condensed Consolidated Balance Sheet

(U.S. Dollars in thousands)








September 30,


December 31,



2013


2012



(Unaudited)


(Audited)

ASSETS





CURRENT ASSETS:





Cash, cash equivalents, marketable securities and deposits


$      190,630


$      167,968

Trade receivables, net


6,073


4,813

Other receivables


5,676


4,305

Inventories


5,291


4,523

Total current assets


207,670


181,609






NON CURRENT ASSETS:





Severance pay fund


7,101


6,066

Long term investment and others


364


358

Total non current assets


7,465


6,424






PROPERTY AND EQUIPMENT, NET


2,196


1,285






INTANGIBLE ASSETS, NET


2,419


1,000






GOODWILL


96,276


96,276






TOTAL ASSETS


$      316,026


$     286,594





LIABILITIES AND SHAREHOLDERS' EQUITY





CURRENT LIABILITIES:





Trade payables


$          1,420


$           571

Other payables and accrued expenses


6,491


5,401

Total current liabilities


7,911


5,972











ACCRUED SEVERANCE PAY


7,896


6,977






SHAREHOLDERS' EQUITY:





Share capital


164


161

Additional paid-in capital


324,297


312,723

Accumulated other comprehensive income


599


787

Accumulated deficit


(24,841)


(40,026)

Total shareholders' equity


300,219


273,645






TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY


$        316,026


$       286,594


















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