v3.19.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and cash equivalents $ 226,478 $ 191,633
Short-term bank deposits 6,057 6,001
Restricted cash 1,811 1,628
Marketable securities 107,064 118,680
Trade receivables, net 187,496 173,579
Prepaid expenses and other current assets 37,828 45,073
Inventories 150,798 141,519
Total current assets 717,532 678,113
LONG-TERM ASSETS:    
Marketable securities 57,252 74,256
Operating lease right-of-use assets 30,839
Property, plant and equipment, net 132,988 119,329
Deferred tax assets, net 14,589 14,699
Intangible assets, net and Goodwill 211,420 73,378
Other non-current assets 12,303 4,697
Total long term assets 459,391 286,359
Total assets 1,176,923 964,472
CURRENT LIABILITIES:    
Trade payables, net 90,190 107,079
Employees and payroll accruals 31,524 29,053
Current maturities of bank loans and accrued interest 17,233 16,639
Warranty obligations 35,229 28,868
Deferred revenues 13,527 14,351
Accrued expenses and other current liabilities 60,369 29,728
Total current liabilities 248,072 225,718
LONG-TERM LIABILITIES:    
Bank loans 7,029 3,510
Warranty obligations 101,517 92,958
Deferred revenues 66,037 60,670
Operating lease liabilities 24,790
Deferred tax liabilities, net 8,544 1,499
Other non-current liabilities 23,417 9,391
Total long-term liabilities 231,334 168,028
COMMITMENTS AND CONTINGENT LIABILITIES
STOCKHOLDERS' EQUITY:    
Common stock of $0.0001 par value - Authorized: 125,000,000 shares as of March 31, 2019 (unaudited) and December 31, 2018; issued and outstanding: 47,501,363 and 46,052,802 shares as of March 31, 2019 (unaudited) and December 31, 2018, respectively 5 5
Additional paid-in capital 417,385 371,794
Accumulated other comprehensive loss (1,220) (524)
Retained earnings 210,149 191,133
Total SolarEdge Technologies, Inc. stockholders' equity 626,319 562,408
Non-controlling interests 71,198 8,318
Total stockholders' equity 697,517 570,726
Total liabilities and stockholders' equity $ 1,176,923 $ 964,472