2015 Q4 Form 10-Q Financial Statement

#000119312515371913 Filed on November 09, 2015

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2014 Q3
Revenue $16.07M $16.24M $14.10M
YoY Change 16.28% 15.16% 40.91%
Cost Of Revenue $1.410M $1.281M $1.255M
YoY Change 11.9% 2.07% 10.96%
Gross Profit $14.66M $14.95M $12.84M
YoY Change 16.72% 16.44% 44.73%
Gross Profit Margin 91.23% 92.11% 91.1%
Selling, General & Admin $5.170M $4.567M $4.834M
YoY Change 13.88% -5.52% 10.31%
% of Gross Profit 35.27% 30.54% 37.64%
Research & Development $6.940M $6.571M $6.453M
YoY Change -5.32% 1.83% 14.84%
% of Gross Profit 47.34% 43.94% 50.25%
Depreciation & Amortization $610.0K $580.0K $540.0K
YoY Change 12.96% 7.41% 200.0%
% of Gross Profit 4.16% 3.88% 4.2%
Operating Expenses $12.43M $11.46M $11.61M
YoY Change 1.89% -1.29% 16.12%
Operating Profit $2.230M $3.491M $1.230M
YoY Change 519.44% 183.82% -209.14%
Interest Expense $420.0K $400.0K $70.00K
YoY Change 1300.0% 471.43% -88.71%
% of Operating Profit 18.83% 11.46% 5.69%
Other Income/Expense, Net $0.00 $0.00 -$400.0K
YoY Change -100.0%
Pretax Income $2.650M $3.892M $892.0K
YoY Change 562.5% 336.32% -274.9%
Income Tax $350.0K $583.0K $236.0K
% Of Pretax Income 13.21% 14.98% 26.46%
Net Earnings $2.300M $3.309M $656.0K
YoY Change -219.17% 404.42% -303.1%
Net Earnings / Revenue 14.31% 20.38% 4.65%
Basic Earnings Per Share $0.16
Diluted Earnings Per Share $108.5K $0.16 $31.93K
COMMON SHARES
Basic Shares Outstanding 20.44M shares 20.45M shares 20.36M shares
Diluted Shares Outstanding 20.81M shares 20.67M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $67.18M $83.10M $111.7M
YoY Change -33.75% -25.6% -11.07%
Cash & Equivalents $18.91M $16.32M $14.04M
Short-Term Investments $48.27M $66.80M $97.60M
Other Short-Term Assets $4.000M $5.900M $9.400M
YoY Change 481.4% -37.23% 77.36%
Inventory
Prepaid Expenses
Receivables $4.068M $9.137M $8.300M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $106.0M $98.10M $129.3M
YoY Change -6.81% -24.14% -7.62%
LONG-TERM ASSETS
Property, Plant & Equipment $3.731M $2.994M $2.171M
YoY Change 43.22% 37.91% 26.0%
Goodwill $46.61M $46.61M $46.42M
YoY Change 0.0% 0.42% 27.17%
Intangibles $4.214M $4.538M $6.130M
YoY Change -23.55% -25.97%
Long-Term Investments $43.10M $48.10M $18.40M
YoY Change 42.72% 161.41% -41.96%
Other Assets $1.806M $1.806M $1.806M
YoY Change 0.0% 0.0% -46.36%
Total Long-Term Assets $106.6M $110.1M $81.18M
YoY Change 14.36% 35.64% 3.97%
TOTAL ASSETS
Total Short-Term Assets $106.0M $98.10M $129.3M
Total Long-Term Assets $106.6M $110.1M $81.18M
Total Assets $212.6M $208.2M $210.5M
YoY Change 2.73% -1.08% -3.47%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $700.0K $900.0K $1.200M
YoY Change -22.22% -25.0% 71.43%
Accrued Expenses $3.633M $3.230M $6.558M
YoY Change -4.22% -50.75% -0.64%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $18.98M $16.39M $22.09M
YoY Change -5.06% -25.8% 80.27%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $7.600M $7.500M $7.400M
YoY Change 7.04% 1.35% 5.71%
Total Long-Term Liabilities $7.600M $7.500M $8.948M
YoY Change -10.6% -16.18% 27.83%
TOTAL LIABILITIES
Total Short-Term Liabilities $18.98M $16.39M $22.09M
Total Long-Term Liabilities $7.600M $7.500M $8.948M
Total Liabilities $26.60M $25.00M $31.03M
YoY Change -6.65% -19.44% 60.79%
SHAREHOLDERS EQUITY
Retained Earnings $29.55M $24.68M $27.20M
YoY Change 19.4% -9.26% 10.84%
Common Stock $208.8M $212.4M $20.00K
YoY Change -0.33% 1061665.0% -9.09%
Preferred Stock
YoY Change
Treasury Stock (at cost) $51.80M $53.45M $55.82M
YoY Change -5.32% -4.25% 95.22%
Treasury Stock Shares 3.065M shares 3.199M shares 3.411M shares
Shareholders Equity $186.1M $183.3M $179.5M
YoY Change
Total Liabilities & Shareholders Equity $212.6M $208.2M $210.5M
YoY Change 2.73% -1.08% -3.47%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2014 Q3
OPERATING ACTIVITIES
Net Income $2.300M $3.309M $656.0K
YoY Change -219.17% 404.42% -303.1%
Depreciation, Depletion And Amortization $610.0K $580.0K $540.0K
YoY Change 12.96% 7.41% 200.0%
Cash From Operating Activities $11.57M $5.500M $4.730M
YoY Change 280.59% 16.28% 252.99%
INVESTING ACTIVITIES
Capital Expenditures -$1.010M -$420.0K -$590.0K
YoY Change 53.03% -28.81% 210.53%
Acquisitions
YoY Change
Other Investing Activities -$7.370M $1.010M -$9.130M
YoY Change 869.74% -111.06% -310.85%
Cash From Investing Activities -$8.390M $590.0K -$9.730M
YoY Change 495.04% -106.06% -335.02%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -590.0K -1.850M -3.460M
YoY Change -198.33% -46.53% 148.92%
NET CHANGE
Cash From Operating Activities 11.57M 5.500M 4.730M
Cash From Investing Activities -8.390M 590.0K -9.730M
Cash From Financing Activities -590.0K -1.850M -3.460M
Net Change In Cash 2.590M 4.240M -8.460M
YoY Change 16.14% -150.12% -306.85%
FREE CASH FLOW
Cash From Operating Activities $11.57M $5.500M $4.730M
Capital Expenditures -$1.010M -$420.0K -$590.0K
Free Cash Flow $12.58M $5.920M $5.320M
YoY Change 240.0% 11.28% 247.71%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2015Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
20443050 shares
CY2014Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-64000
CY2014Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-339000
CY2014Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
14042000
CY2015Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-139000
CY2015Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2015Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
60000000 shares
CY2015Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
20396241 shares
CY2015Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2015Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2015Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
3198919 shares
CY2015Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
23595160 shares
CY2015Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2015Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2015Q3 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
571410 shares
CY2015Q3 us-gaap Liabilities Current
LiabilitiesCurrent
16386000
CY2015Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
9774000
CY2015Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
1096000
CY2015Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
3230000
CY2015Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
462000
CY2015Q3 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
875000
CY2015Q3 us-gaap Common Stock Value
CommonStockValue
20000
CY2015Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
212333000
CY2015Q3 us-gaap Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
8567000
CY2015Q3 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
2045000
CY2015Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-325000
CY2015Q3 us-gaap Preferred Stock Value
PreferredStockValue
CY2015Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
24680000
CY2015Q3 us-gaap Stockholders Equity
StockholdersEquity
183256000
CY2015Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
208209000
CY2015Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
6000
CY2015Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
4538000
CY2015Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3869000
CY2015Q3 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
13001000
CY2015Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
9137000
CY2015Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
48661000
CY2015Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1806000
CY2015Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2994000
CY2015Q3 us-gaap Assets Current
AssetsCurrent
98097000
CY2015Q3 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
18529000
CY2015Q3 us-gaap Goodwill
Goodwill
46612000
CY2015Q3 us-gaap Assets Noncurrent
AssetsNoncurrent
110112000
CY2015Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
399000
CY2015Q3 us-gaap Foreign Currency Contract Asset Fair Value Disclosure
ForeignCurrencyContractAssetFairValueDisclosure
15000
CY2015Q3 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
1978000
CY2015Q3 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
286000
CY2015Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
16316000
CY2015Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
48268000
CY2015Q3 us-gaap Treasury Stock Value
TreasuryStockValue
53452000
CY2015Q3 us-gaap Assets
Assets
208209000
CY2015Q3 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
668000
CY2015Q3 us-gaap Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
113000
CY2015Q3 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
28399000
CY2015Q3 ceva Available For Sale Matures After One Year Through Three Years Gross Unrealized Gains
AvailableForSaleMaturesAfterOneYearThroughThreeYearsGrossUnrealizedGains
5000
CY2015Q3 ceva Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsExercisableWeightedAverageExercisePrice
18.06
CY2015Q3 ceva Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsOutstandingNumber
2754248 shares
CY2015Q3 ceva Available For Sale Securities Debt Maturities Rolling Year Two Through Three Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughThreeAmortizedCostBasis
38285000
CY2015Q3 ceva Available For Sale Matures After One Year Through Three Years Gross Unrealized Loss
AvailableForSaleMaturesAfterOneYearThroughThreeYearsGrossUnrealizedLoss
318000
CY2015Q3 ceva Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsWeightedAverageExercisePrice
17.52
CY2015Q3 ceva Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsExercisableNumber
1820312 shares
CY2015Q3 ceva Available For Sale Securities Debt Maturities Rolling Year Two Through Three Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughThreeFairValue
37972000
CY2015Q3 ceva Accrued Severance Pay Noncurrent
AccruedSeverancePayNoncurrent
7471000
CY2015Q3 ceva Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Vesting Percentage Year One
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsVestingPercentageYearOne
0.25 pure
CY2015Q3 ceva Severance Pay Fund Noncurrent
SeverancePayFundNoncurrent
7212000
CY2015Q3 ceva Interest Bearing Deposits In Banks Long Term
InterestBearingDepositsInBanksLongTerm
46282000
CY2015Q3 ceva Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsOutstandingAggregateIntrinsicValue
7355416000
CY2015Q3 ceva Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsExercisableAggregateIntrinsicValue
5187686000
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-81000
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
24117000
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
60000000 shares
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
20252490 shares
CY2014Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2014Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
3342670 shares
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
23595160 shares
CY2014Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2014Q4 us-gaap Liabilities Current
LiabilitiesCurrent
20459000
CY2014Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
10054000
CY2014Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
1405000
CY2014Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
3518000
CY2014Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
739000
CY2014Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
864000
CY2014Q4 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
3603000
CY2014Q4 us-gaap Common Stock Value
CommonStockValue
20000
CY2014Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
209426000
CY2014Q4 us-gaap Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
8501000
CY2014Q4 us-gaap Foreign Currency Contracts Liability Fair Value Disclosure
ForeignCurrencyContractsLiabilityFairValueDisclosure
64000
CY2014Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
1681000
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-436000
CY2014Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
24747000
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
179049000
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
208009000
CY2014Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
9000
CY2014Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
5512000
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2605000
CY2014Q4 us-gaap Assets Current
AssetsCurrent
115640000
CY2014Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
37444000
CY2014Q4 us-gaap Goodwill
Goodwill
46612000
CY2014Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
92369000
CY2014Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
429000
CY2014Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
1868000
CY2014Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
313000
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
16166000
CY2014Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
47833000
CY2014Q4 us-gaap Treasury Stock Value
TreasuryStockValue
54708000
CY2014Q4 us-gaap Assets
Assets
208009000
CY2014Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
399000
CY2014Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
116000
CY2014Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3982000
CY2014Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
9469000
CY2014Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
8347000
CY2014Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
48253000
CY2014Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1806000
CY2014Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
34152000
CY2014Q4 ceva Available For Sale Matures After One Year Through Three Years Gross Unrealized Gains
AvailableForSaleMaturesAfterOneYearThroughThreeYearsGrossUnrealizedGains
9000
CY2014Q4 ceva Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsOutstandingNumber
3316380 shares
CY2014Q4 ceva Available For Sale Securities Debt Maturities Rolling Year Two Through Three Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughThreeAmortizedCostBasis
42810000
CY2014Q4 ceva Available For Sale Matures After One Year Through Three Years Gross Unrealized Loss
AvailableForSaleMaturesAfterOneYearThroughThreeYearsGrossUnrealizedLoss
383000
CY2014Q4 ceva Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsWeightedAverageExercisePrice
16.50
CY2014Q4 ceva Available For Sale Securities Debt Maturities Rolling Year Two Through Three Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughThreeFairValue
42436000
CY2014Q4 ceva Accrued Severance Pay Noncurrent
AccruedSeverancePayNoncurrent
7096000
CY2014Q4 ceva Severance Pay Fund Noncurrent
SeverancePayFundNoncurrent
7011000
CY2014Q4 ceva Interest Bearing Deposits In Banks Long Term
InterestBearingDepositsInBanksLongTerm
28424000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P10Y
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.36 pure
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1227148 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2287802 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.52 pure
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20761000 shares
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
6068000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.001 pure
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.05
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
15.20
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.025 pure
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21132000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
371000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00 pure
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
857000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
758000
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
-184000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
13489000
us-gaap Costmethod Investments Realized Gain Loss Excluding Other Than Temporary Impairments
CostmethodInvestmentsRealizedGainLossExcludingOtherThanTemporaryImpairments
-404000
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-416000
us-gaap Licenses Revenue
LicensesRevenue
20989000
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-279000
us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
15000
us-gaap Operating Income Loss
OperatingIncomeLoss
1099000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1638000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
734000
us-gaap Revenues
Revenues
36987000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2318000
us-gaap Investment Income Net
InvestmentIncomeNet
943000
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-325000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-219000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-269000
us-gaap Net Income Loss
NetIncomeLoss
1115000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-126000
us-gaap Gross Profit
GrossProfit
33250000
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
24368000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-258000
us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
89000
us-gaap Royalty Revenue
RoyaltyRevenue
15998000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
18657000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-141000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-386000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
7201000
us-gaap Operating Expenses
OperatingExpenses
32151000
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
1584000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-10075000
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-335000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3983000
us-gaap Depreciation
Depreciation
528000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-16280000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
326000
us-gaap Cost Of Revenue
CostOfRevenue
3737000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
523000
us-gaap Investment Income Amortization Of Premium
InvestmentIncomeAmortizationOfPremium
865000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
1583000
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-67000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
2377000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-21000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6124000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-35000
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-270000
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
50767000
us-gaap Share Based Compensation
ShareBasedCompensation
3983000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
287000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
15000
us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
1011000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
523000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
18657000
us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
74000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
18500000
ceva Investment In Bank Deposits
InvestmentInBankDeposits
39564000
ceva Increase Decrease In Accrued Severance Pay Net
IncreaseDecreaseInAccruedSeverancePayNet
58000
ceva Proceeds From Bank Deposits
ProceedsFromBankDeposits
25341000
ceva Increase Decrease In Deferred Tax Net
IncreaseDecreaseInDeferredTaxNet
-565000
ceva Increase Decrease In Accrued Salaries And Related Expenses
IncreaseDecreaseInAccruedSalariesAndRelatedExpenses
-39000
ceva Increase Decrease In Accrued Interest On Bank Deposits
IncreaseDecreaseInAccruedInterestOnBankDeposits
303000
dei Document Type
DocumentType
10-Q
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P10Y
dei Trading Symbol
TradingSymbol
CEVA
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
861491 shares
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.49 pure
dei Entity Central Index Key
EntityCentralIndexKey
0001173489
dei Document Period End Date
DocumentPeriodEndDate
2015-09-30
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.33 pure
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
428590 shares
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20477000 shares
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
7812000
us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b>NOTE 13: IMPACT OF RECENTLY ISSUED ACCOUNTING STANDARDS NOT YET ADOPTED</b></p> <!-- xbrl,body --> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 8%"> In May 2014, the Financial Accounting Standards Board (&#x201C;FASB&#x201D;) issued guidance related to revenue from contracts with customers. Under this guidance, revenue is recognized when promised goods or services are transferred to customers in an amount that reflects the consideration that is expected to be received for those goods or services. The updated standard will replace most existing revenue recognition guidance under GAAP when it becomes effective and permits the use of either the retrospective or cumulative effect transition method. Early adoption is not permitted. The updated standard was expected to be effective for the Company in the first quarter of 2017. However, on July 9, 2015, the FASB determined to delay the effective date of the new revenue standard by one year. The Company is currently evaluating the effect that the updated standard will have on its consolidated financial statements and related disclosures.</p> <p style="MARGIN-BOTTOM: 0px; FONT-SIZE: 1px; MARGIN-TOP: 18px"> &#xA0;</p> </div>
dei Amendment Flag
AmendmentFlag
false
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.002 pure
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.19
dei Entity Registrant Name
EntityRegistrantName
CEVA INC
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 Segment
us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 4%; MARGIN-TOP: 18pt"> <b><i>Use of Estimates</i></b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> The preparation of the interim condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions. The Company&#x2019;s management believes that the estimates, judgments and assumptions used are reasonable based upon information available at the time they are made. These estimates, judgments and assumptions can affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the dates of the interim condensed consolidated financial statements, and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.</p> </div>
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
19.03
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.024 pure
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20918000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
441000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00 pure
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
112000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
4074000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1173000
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
79000
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-213000
us-gaap Licenses Revenue
LicensesRevenue
24108000
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
95000
us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
-74000
us-gaap Operating Income Loss
OperatingIncomeLoss
4084000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
4727000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1693000
us-gaap Revenues
Revenues
43428000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
790000
us-gaap Investment Income Net
InvestmentIncomeNet
643000
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
106000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
137000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-29000
us-gaap Net Income Loss
NetIncomeLoss
3963000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-47000
us-gaap Gross Profit
GrossProfit
39412000
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
26195000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
111000
us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
2000
us-gaap Royalty Revenue
RoyaltyRevenue
19320000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
8156000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
27000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-38000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
7358000
us-gaap Operating Expenses
OperatingExpenses
35328000
us-gaap Depreciation
Depreciation
784000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-6362000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
974000
us-gaap Cost Of Revenue
CostOfRevenue
4016000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
764000
us-gaap Investment Income Amortization Of Premium
InvestmentIncomeAmortizationOfPremium
841000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
3989000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
97000
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-5000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
5382000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-16000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5821000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
58000
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-169000
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
364000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
150000
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
21000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2795000
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
20883000
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
112000
us-gaap Share Based Compensation
ShareBasedCompensation
2795000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-277000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
-74000
us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
111000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-1262000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
8156000
us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
76000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
21175000
ceva Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsForfeituresInPeriod
196142 shares
ceva Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Exercises In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsExercisesInPeriod
538490 shares
ceva Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Grant In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsGrantInPeriodWeightedAverageExercisePrice
19.42
ceva Investment In Bank Deposits
InvestmentInBankDeposits
46328000
ceva Increase Decrease In Accrued Severance Pay Net
IncreaseDecreaseInAccruedSeverancePayNet
172000
ceva Proceeds From Bank Deposits
ProceedsFromBankDeposits
47451000
ceva Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
21.13
ceva Share Based Compensation Arrangements By Share Based Payment Award Options And Stock Appreciation Rights Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsAndStockAppreciationRightsExercisesInPeriodWeightedAverageExercisePrice
10.54
CY2014Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P7Y
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.36 pure
CY2014Q3 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
297463 shares
ceva Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsGrantsInPeriod
172500 shares
ceva Increase Decrease In Deferred Tax Net
IncreaseDecreaseInDeferredTaxNet
-712000
ceva Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Exercisable Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsExercisableWeightedAverageRemainingContractualTerms
P3Y6M
ceva Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsOutstandingWeightedAverageRemainingContractualTerms
P4Y4M24D
ceva Payments Of Contingent Consideration
PaymentsOfContingentConsideration
3700000
ceva Increase Decrease In Accrued Salaries And Related Expenses
IncreaseDecreaseInAccruedSalariesAndRelatedExpenses
413000
ceva Increase Decrease In Accrued Interest On Bank Deposits
IncreaseDecreaseInAccruedInterestOnBankDeposits
42000
ceva Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Remaining Vesting Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsRemainingVestingPeriod
P36M
CY2014Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2448690 shares
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.51 pure
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20355000 shares
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.001 pure
CY2014Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.03
CY2014Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
14.74
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.022 pure
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20667000 shares
CY2014Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
312000 shares
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00 pure
CY2014Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
381000
CY2014Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
-220000
CY2014Q3 us-gaap Costmethod Investments Realized Gain Loss Excluding Other Than Temporary Impairments
CostmethodInvestmentsRealizedGainLossExcludingOtherThanTemporaryImpairments
-404000
CY2014Q3 us-gaap Licenses Revenue
LicensesRevenue
8728000
CY2014Q3 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-328000
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
1230000
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
892000
CY2014Q3 us-gaap Revenues
Revenues
14098000
CY2014Q3 us-gaap Investment Income Net
InvestmentIncomeNet
66000
CY2014Q3 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-333000
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-279000
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
656000
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-114000
CY2014Q3 us-gaap Gross Profit
GrossProfit
12843000
CY2014Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-275000
CY2014Q3 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
20000
CY2014Q3 us-gaap Royalty Revenue
RoyaltyRevenue
5370000
CY2014Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-113000
CY2014Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
2611000
CY2014Q3 us-gaap Operating Expenses
OperatingExpenses
11613000
CY2014Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
326000
CY2014Q3 us-gaap Cost Of Revenue
CostOfRevenue
1255000
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
236000
CY2014Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-58000
CY2014Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-53000
CY2014Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2223000
CY2014Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-59000
CY2014Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1122000
CY2014Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
-1000
CY2014Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
4385000
CY2014Q3 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
21000
CY2014Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
6453000
CY2015Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P10Y
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.35 pure
CY2015Q3 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
158570 shares
CY2015Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
915898 shares
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.49 pure
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20448000 shares
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.003 pure
CY2015Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.16
CY2015Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
17.74
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.024 pure
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20811000 shares
CY2015Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
363000 shares
CY2015Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
-197000
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00 pure
CY2015Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
3123000
CY2015Q3 us-gaap Licenses Revenue
LicensesRevenue
8600000
CY2015Q3 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-162000
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
3491000
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3892000
CY2015Q3 us-gaap Revenues
Revenues
16235000
CY2015Q3 us-gaap Investment Income Net
InvestmentIncomeNet
401000
CY2015Q3 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-216000
CY2015Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-138000
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
3309000
CY2015Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-47000
CY2015Q3 us-gaap Gross Profit
GrossProfit
14954000
CY2015Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-186000
CY2015Q3 us-gaap Royalty Revenue
RoyaltyRevenue
7635000
CY2015Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-19000
CY2015Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
2384000
CY2015Q3 us-gaap Operating Expenses
OperatingExpenses
11463000
CY2015Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
325000
CY2015Q3 us-gaap Cost Of Revenue
CostOfRevenue
1281000
CY2015Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
583000
CY2015Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-30000
CY2015Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
24000
CY2015Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2183000
CY2015Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
59000
CY2015Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1119000
CY2015Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
-28000
CY2015Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
2813000
CY2015Q3 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
28000
CY2015Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
6571000

Files In Submission

Name View Source Status
0001193125-15-371913-index-headers.html Edgar Link pending
0001193125-15-371913-index.html Edgar Link pending
0001193125-15-371913.txt Edgar Link pending
0001193125-15-371913-xbrl.zip Edgar Link pending
ceva-20150930.xml Edgar Link completed
ceva-20150930.xsd Edgar Link pending
ceva-20150930_cal.xml Edgar Link unprocessable
ceva-20150930_def.xml Edgar Link unprocessable
ceva-20150930_lab.xml Edgar Link unprocessable
ceva-20150930_pre.xml Edgar Link unprocessable
d41025d10q.htm Edgar Link pending
d41025dex311.htm Edgar Link pending
d41025dex312.htm Edgar Link pending
d41025dex32.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending