| Schedule of segment results |
| |
|
|
Year ended December 31, 2016
|
|
| |
|
|
OEM
|
|
|
AM
|
|
|
Amounts not allocated to segments
|
|
|
Consolidated
|
|
| |
|
|
U.S. dollars in thousands
|
|
|
Revenues
|
|
|
|
|
275,938 |
|
|
|
|
|
82,224 |
|
|
|
|
|
|
|
|
|
|
|
358,162 |
|
|
|
Cost of revenues
|
|
|
|
|
63,796 |
|
|
|
|
|
23,465 |
|
|
|
|
|
46 |
|
|
|
|
|
87,307 |
|
|
|
Gross profit
|
|
|
|
|
212,143 |
|
|
|
|
|
58,759 |
|
|
|
|
|
|
|
|
|
|
|
270,855 |
|
|
|
Research and development, net
|
|
|
|
|
49,848 |
|
|
|
|
|
3,195 |
|
|
|
|
|
12,216 |
|
|
|
|
|
65,259 |
|
|
|
Sales and marketing
|
|
|
|
|
1,241 |
|
|
|
|
|
15,469 |
|
|
|
|
|
706 |
|
|
|
|
|
17,416 |
|
|
|
General and administrative
|
|
|
|
|
13,192 |
|
|
|
|
|
1,415 |
|
|
|
|
|
52,634 |
|
|
|
|
|
67,241 |
|
|
|
Segment performance
|
|
|
|
|
147,862 |
|
|
|
|
|
38,680 |
|
|
|
|
|
|
|
|
|
|
|
120,939 |
|
|
|
Interest income
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5,083 |
|
|
|
Financial expenses, net
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(582) |
|
|
|
Profit before taxes on income
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
125,440 |
|
|
|
Depreciation
|
|
|
|
|
3,798 |
|
|
|
|
|
291 |
|
|
|
|
|
|
|
|
|
|
|
4,089 |
|
|
| |
| |
|
|
Year ended December 31, 2015
|
|
| |
|
|
OEM
|
|
|
AM
|
|
|
Amounts not allocated to segments
|
|
|
Consolidated
|
|
| |
|
|
U.S. dollars in thousands
|
|
|
Revenues
|
|
|
|
|
202,287 |
|
|
|
|
|
38,585 |
|
|
|
|
|
|
|
|
|
|
|
240,872 |
|
|
|
Cost of revenues
|
|
|
|
|
49,314 |
|
|
|
|
|
12,080 |
|
|
|
|
|
26 |
|
|
|
|
|
61,420 |
|
|
|
Gross profit
|
|
|
|
|
152,973 |
|
|
|
|
|
26,505 |
|
|
|
|
|
|
|
|
|
|
|
179,452 |
|
|
|
Research and development, net
|
|
|
|
|
33,249 |
|
|
|
|
|
2,128 |
|
|
|
|
|
8,016 |
|
|
|
|
|
43,393 |
|
|
|
Sales and marketing
|
|
|
|
|
421 |
|
|
|
|
|
11,113 |
|
|
|
|
|
1,277 |
|
|
|
|
|
12,811 |
|
|
|
General and administrative
|
|
|
|
|
8,794 |
|
|
|
|
|
1,065 |
|
|
|
|
|
35,650 |
|
|
|
|
|
45,509 |
|
|
|
Segment performance
|
|
|
|
|
110,509 |
|
|
|
|
|
12,199 |
|
|
|
|
|
|
|
|
|
|
|
77,739 |
|
|
|
Interest income
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,888 |
|
|
|
Financial expenses, net
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(917) |
|
|
|
Profit before taxes on income
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
79,710 |
|
|
|
Depreciation
|
|
|
|
|
3,296 |
|
|
|
|
|
16 |
|
|
|
|
|
|
|
|
|
|
|
3,312 |
|
|
| |
| |
|
|
Year ended December 31, 2014
|
|
| |
|
|
OEM
|
|
|
AM
|
|
|
Amounts not allocated to segments
|
|
|
Consolidated
|
|
| |
|
|
U.S. dollars in thousands
|
|
|
Revenues
|
|
|
|
|
121,799 |
|
|
|
|
|
21,838 |
|
|
|
|
|
|
|
|
|
|
|
143,637 |
|
|
|
Cost of revenues
|
|
|
|
|
30,293 |
|
|
|
|
|
6,720 |
|
|
|
|
|
27 |
|
|
|
|
|
37,040 |
|
|
|
Gross profit
|
|
|
|
|
91,506 |
|
|
|
|
|
15,118 |
|
|
|
|
|
|
|
|
|
|
|
106,597 |
|
|
|
Research and development, net
|
|
|
|
|
28,995 |
|
|
|
|
|
1,805 |
|
|
|
|
|
6,130 |
|
|
|
|
|
36,930 |
|
|
|
Sales and Marketing
|
|
|
|
|
560 |
|
|
|
|
|
7,151 |
|
|
|
|
|
5,201 |
|
|
|
|
|
12,912 |
|
|
|
General and administrative
|
|
|
|
|
5,038 |
|
|
|
|
|
904 |
|
|
|
|
|
65,495 |
|
|
|
|
|
71,437 |
|
|
|
Segment performance
|
|
|
|
|
56,913 |
|
|
|
|
|
5,258 |
|
|
|
|
|
|
|
|
|
|
|
(14,682) |
|
|
|
Interest income
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,305 |
|
|
|
Financial expenses, net
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(4,442) |
|
|
|
Loss before taxes on income
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(17,819) |
|
|
|
Depreciation
|
|
|
|
|
2,533 |
|
|
|
|
|
18 |
|
|
|
|
|
|
|
|
|
|
|
2,551 |
|
|
| |
|