CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 25,662 $ 35,869
Restricted cash 32 1,727
Accounts receivable, net of provision for doubtful accounts of $2,228 and $5,937 as of December 31, 2013 and 2014, respectively 24,516 24,996
Amounts due from related parties, net of provision for doubtful accounts of $2,156 and $1,871 as of December 31, 2013 and 2014, respectively 101,686 25,820
Inventories 13,719 13,812
Prepayments and other current assets, net of provision for doubtful accounts of $429 and $537 as of December 31, 2013 and 2014, respectively 7,409 7,517
Deferred tax assets 1,014   
Total current assets 174,038 109,741
Long-term investment 603   
Investment in an equity investee    4,794
Property, equipment and software, net 54,140 26,124
Land use rights, net 15,289 15,518
Deferred tax assets 703   
Other long-term assets 1,594 2,055
Total assets 246,367 158,232
Current liabilities:    
Accounts payable 42,881 21,839
Amounts due to related parties 6,612 7,040
Taxes payable 18,295 6,991
Advances from customers 13,719 1,447
Accrued expenses and other current liabilities 20,498 6,632
Deferred government grant 20,533 8,057
Short-term bank loan 3,922   
Deferred income from equity investee 6,184   
Total current liabilities 132,644 52,006
Deferred government grant, non-current 1,505 1,511
Deferred tax liabilities 5 14
Product warranty 3,185 1,065
Long-term bank loan 9,152 13,121
Other long-term liabilities 9,805 8,201
Total liabilities 156,296 75,918
Commitments and contingencies      
Equity:    
Ordinary shares, $0.0001 par value, 500,000,000 shares authorized, 155,152,737 shares issued and 104,014,754 shares outstanding as of December 31, 2013 and 155,788,653 shares issued and 103,161,018 shares outstanding as of December 31, 2014 14 15
Additional paid-in capital 154,437 158,384
Treasury stock at cost, 41,872,088 shares as of December 31, 2013 and 34,095,849 shares as of December 31, 2014 (12,855) (15,961)
Accumulated other comprehensive income 10,189 11,387
Accumulated deficit (88,256) (91,667)
Statutory reserve 4,068 2,782
Total shareholders' equity attributable to Vimicro International Corporation 67,597 64,940
Noncontrolling interests 22,474 17,374
Total equity 90,071 82,314
Total liabilities and equity $ 246,367 $ 158,232