2016 Q4 Form 10-Q Financial Statement

#000119312516764326 Filed on November 09, 2016

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q3 2015 Q4
Revenue $21.20M $17.85M $16.07M
YoY Change 31.92% 9.92% 16.28%
Cost Of Revenue $1.630M $1.422M $1.410M
YoY Change 15.6% 11.01% 11.9%
Gross Profit $19.56M $16.42M $14.66M
YoY Change 33.42% 9.83% 16.72%
Gross Profit Margin 92.26% 92.03% 91.23%
Selling, General & Admin $5.360M $4.981M $5.170M
YoY Change 3.68% 9.07% 13.88%
% of Gross Profit 27.4% 30.33% 35.27%
Research & Development $7.770M $7.346M $6.940M
YoY Change 11.96% 11.79% -5.32%
% of Gross Profit 39.72% 44.73% 47.34%
Depreciation & Amortization $710.0K $700.0K $610.0K
YoY Change 16.39% 20.69% 12.96%
% of Gross Profit 3.63% 4.26% 4.16%
Operating Expenses $13.44M $12.64M $12.43M
YoY Change 8.13% 10.23% 1.89%
Operating Profit $6.120M $3.788M $2.230M
YoY Change 174.44% 8.51% 519.44%
Interest Expense $420.0K $620.0K $420.0K
YoY Change 0.0% 55.0% 1300.0%
% of Operating Profit 6.86% 16.37% 18.83%
Other Income/Expense, Net $0.00 $0.00 $0.00
YoY Change
Pretax Income $6.550M $4.403M $2.650M
YoY Change 147.17% 13.13% 562.5%
Income Tax $1.350M $1.015M $350.0K
% Of Pretax Income 20.61% 23.05% 13.21%
Net Earnings $5.200M $3.388M $2.300M
YoY Change 126.09% 2.39% -219.17%
Net Earnings / Revenue 24.53% 18.98% 14.31%
Basic Earnings Per Share $0.16
Diluted Earnings Per Share $235.5K $0.15 $108.5K
COMMON SHARES
Basic Shares Outstanding 21.23M shares 21.03M shares 20.44M shares
Diluted Shares Outstanding 21.88M shares

Balance Sheet

Concept 2016 Q4 2016 Q3 2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $80.27M $78.93M $67.18M
YoY Change 19.49% -5.02% -33.75%
Cash & Equivalents $18.40M $20.00M $18.91M
Short-Term Investments $61.87M $58.93M $48.27M
Other Short-Term Assets $3.100M $2.900M $4.000M
YoY Change -22.5% -50.85% 481.4%
Inventory
Prepaid Expenses
Receivables $15.04M $17.25M $4.068M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $144.7M $140.1M $106.0M
YoY Change 36.49% 42.79% -6.81%
LONG-TERM ASSETS
Property, Plant & Equipment $4.805M $4.831M $3.731M
YoY Change 28.79% 61.36% 43.22%
Goodwill $46.61M $46.61M $46.61M
YoY Change 0.0% 0.0% 0.0%
Intangibles $3.287M $4.214M
YoY Change -27.57% -23.55%
Long-Term Investments $33.20M $29.50M $43.10M
YoY Change -22.97% -38.67% 42.72%
Other Assets $1.412M $4.358M $1.806M
YoY Change -21.82% 141.31% 0.0%
Total Long-Term Assets $97.78M $94.41M $106.6M
YoY Change -8.29% -14.26% 14.36%
TOTAL ASSETS
Total Short-Term Assets $144.7M $140.1M $106.0M
Total Long-Term Assets $97.78M $94.41M $106.6M
Total Assets $242.5M $234.5M $212.6M
YoY Change 14.04% 12.62% 2.73%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $600.0K $1.100M $700.0K
YoY Change -14.29% 22.22% -22.22%
Accrued Expenses $4.015M $4.490M $3.633M
YoY Change 10.51% 39.01% -4.22%
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 $22.60M $21.28M $18.98M
YoY Change 19.03% 29.86% -5.06%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $8.300M $8.500M $7.600M
YoY Change 9.21% 13.33% 7.04%
Total Long-Term Liabilities $8.300M $8.500M $7.600M
YoY Change 9.21% 13.33% -10.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $22.60M $21.28M $18.98M
Total Long-Term Liabilities $8.300M $8.500M $7.600M
Total Liabilities $30.90M $29.80M $26.60M
YoY Change 16.17% 19.2% -6.65%
SHAREHOLDERS EQUITY
Retained Earnings $39.43M $34.49M $29.55M
YoY Change 33.45% 39.76% 19.4%
Common Stock $212.1M $210.5M $208.8M
YoY Change 1.61% -0.85% -0.33%
Preferred Stock
YoY Change
Treasury Stock (at cost) $39.51M $40.39M $51.80M
YoY Change -23.73% -24.44% -5.32%
Treasury Stock Shares 2.322M shares 2.374M shares 3.065M shares
Shareholders Equity $211.6M $204.7M $186.1M
YoY Change
Total Liabilities & Shareholders Equity $242.5M $234.5M $212.6M
YoY Change 14.04% 12.62% 2.73%

Cashflow Statement

Concept 2016 Q4 2016 Q3 2015 Q4
OPERATING ACTIVITIES
Net Income $5.200M $3.388M $2.300M
YoY Change 126.09% 2.39% -219.17%
Depreciation, Depletion And Amortization $710.0K $700.0K $610.0K
YoY Change 16.39% 20.69% 12.96%
Cash From Operating Activities $12.49M $3.270M $11.57M
YoY Change 7.95% -40.55% 280.59%
INVESTING ACTIVITIES
Capital Expenditures -$360.0K -$1.290M -$1.010M
YoY Change -64.36% 207.14% 53.03%
Acquisitions
YoY Change
Other Investing Activities -$14.22M -$6.270M -$7.370M
YoY Change 92.94% -720.79% 869.74%
Cash From Investing Activities -$14.58M -$7.560M -$8.390M
YoY Change 73.78% -1381.36% 495.04%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 620.0K 5.610M -590.0K
YoY Change -205.08% -403.24% -198.33%
NET CHANGE
Cash From Operating Activities 12.49M 3.270M 11.57M
Cash From Investing Activities -14.58M -7.560M -8.390M
Cash From Financing Activities 620.0K 5.610M -590.0K
Net Change In Cash -1.470M 1.320M 2.590M
YoY Change -156.76% -68.87% 16.14%
FREE CASH FLOW
Cash From Operating Activities $12.49M $3.270M $11.57M
Capital Expenditures -$360.0K -$1.290M -$1.010M
Free Cash Flow $12.85M $4.560M $12.58M
YoY Change 2.15% -22.97% 240.0%

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<div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; WORD-SPACING: 0px; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td valign="top" width="12%" align="left"><b>NOTE&#xA0;13:</b></td> <td valign="top" align="left"><b>IMPACT OF RECENTLY ISSUED ACCOUNTING STANDARDS NOT YET ADOPTED</b></td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 13%; -webkit-text-stroke-width: 0px"> In May 2014, the Financial Accounting Standards Board (&#x201C;FASB&#x201D;) issued Accounting Standards Update (&#x201C;ASU&#x201D;) 2014-09, &#x201C;Revenue from Contracts with Customers.&#x201D; 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. As currently issued and amended, ASU 2014-09 is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period, although early adoption is permitted for annual reporting periods beginning after December 15, 2016. 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: 0pt; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 13%; -webkit-text-stroke-width: 0px"> In February 2016, the FASB issued ASU 2016-02, &#x201C;Leases (Topic 842),&#x201D; which will replace the existing guidance in ASC 840, &#x201C;Leases.&#x201D; The updated standard aims to increase transparency and comparability among organizations by requiring lessees to recognize lease assets and lease liabilities on the balance sheet and requiring disclosure of key information about leasing arrangements. This ASU is effective for annual periods beginning after December 15, 2018, and interim periods within those annual periods; early adoption is permitted and modified retrospective application is required. The Company is in the process of evaluating this guidance to determine the impact it will have on its financial statements and related disclosures.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 13%; -webkit-text-stroke-width: 0px"> In March 2016, the FASB issued ASU 2016-08, &#x201C;Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net),&#x201D; which clarifies the implementation guidance on principal versus agent considerations under the new revenue recognition standard, ASU 2014-09. In April 2016, the FASB issued ASU 2016-10, &#x201C;Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing,&#x201D; which clarifies the implementation guidance on identifying promised goods or services from a principal and agent perspective. The Company will adopt the standard effective January 1, 2018. The Company is continuing to evaluate the full effect that ASU 2014-09 and related subsequent updates will have on its consolidated financial statements and related disclosures.</p> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; COLOR: rgb(0,0,0); FONT: 1px 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> &#xA0;</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 13%; -webkit-text-stroke-width: 0px"> In March 2016, the FASB issued ASU 2016-09, &#x201C;Compensation-Stock Compensation,&#x201D; which simplifies several aspects of the accounting for share-based payments, including immediate recognition of all excess tax benefits and deficiencies in the income statement, changing the threshold to qualify for equity classification up to the employees&#x2019; maximum statutory tax rates, allowing an entity-wide accounting policy election to either estimate the number of awards that are expected to vest or account for forfeitures as they occur, and clarifying the classification on the statement of cash flows for the excess tax benefit and employee taxes paid when an employer withholds shares for tax-withholding purposes. The Company is evaluating the full effect that ASU 2016-09 will have on its consolidated financial statements and related disclosures and will adopt the standard effective January 1, 2017.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 13%; -webkit-text-stroke-width: 0px"> In April 2016, the FASB issued ASU No.&#xA0;2016-10, Revenue from Contracts with Customers (Topic 606). ASU 2016-10 amends ASC 606, Revenue from Contracts with Customers, to clarify two aspects of ASC 606, identifying performance obligations and the licensing implementation guidance, while retaining the related principles of those areas. The amendments in ASU 2016-10 do not change the core principle of the guidance in ASC 606. The amendments in ASU No.&#xA0;2016-10 affect the guidance in ASU 2014-09, Revenue from Contracts with Customers (Topic 606)<i>,&#xA0;</i>which is not yet effective. The effective date and transition requirements for the amendments in ASU No.&#xA0;2016-10 are the same as the effective date and transition requirements in ASC 606 and any other topic amended by ASU 2014-09. ASU 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date, defers the effective date of ASU 2014-09 by one year to annual reporting periods beginning after December 15, 2017, including interim reporting periods within that reporting period. The Company is currently evaluating the effect that the adoption of ASU 2016-10 will have on its financial statements and related disclosures.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 13%; -webkit-text-stroke-width: 0px"> In May 2016, the FASB issued ASU No.&#xA0;2016-12, Revenue from Contracts with Customers (Topic 606). ASU 2016-12 amends ASC 606 to address certain issues in the guidance on assessing collectability, presentation of sales taxes, noncash consideration, and completed contracts and contract modifications at transition. The amendments in ASU 2016-12 do not change the core principle of the guidance in ASC 606. The amendments in ASU No.&#xA0;2016-12 affect the guidance in ASU 2014-09, Revenue from Contracts with Customers (Topic 606)<i>,&#xA0;</i>which is not yet effective. The effective date and transition requirements for the amendments in ASU No.&#xA0;2016-12 are the same as the effective date and transition requirements in ASC 606 and any other topic amended by ASU 2014-09. ASU 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date, defers the effective date of ASU 2014-09 by one year to annual reporting periods beginning after December 15, 2017, including interim reporting periods within that reporting period. The Company is currently evaluating the effect that the adoption of ASU 2016-12 will have on its financial statements and related disclosures.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 13%; -webkit-text-stroke-width: 0px"> The FASB issued ASU 2016-13 &#x201C;Measurement of Credit Losses on Financial Instruments&#x201D; requiring an allowance to be recorded for all expected credit losses for financial assets. The allowance for credit losses is based on historical information, current conditions and reasonable and supportable forecasts. The new standard also makes revisions to the other than temporary impairment model for available-for-sale debt securities. Disclosures of credit quality indicators in relation to the amortized cost of financing receivables are further disaggregated by year of origination. The new accounting guidance is effective for interim and annual periods beginning after December 15, 2019 with early adoption permitted for interim and annual periods beginning after December 15, 2018. The amendments will be applied through a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is effective. The Company is analyzing the impact of this new standard and, at this time, cannot estimate the impact of adoption on its net income. The Company plans to adopt ASU 2016-13 effective January 1, 2020.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 13%; -webkit-text-stroke-width: 0px"> In August 2016, FASB issued ASU 2016-15, &#x201C;Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments.&#x201D; This update will make eight targeted changes to how cash receipts and cash payments are presented and classified in the statement of cash flows. The update is effective for fiscal years beginning after December 15, 2017. The new standard will require adoption on a retrospective basis unless it is impracticable to apply, in which case it would be required to apply the amendments prospectively as of the earliest date practicable. The Company is currently evaluating the effect of this update on its financial statements and related disclosures.</p> </div>
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CEVA
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<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 8%; MARGIN-TOP: 18pt"> <i>Use of Estimates</i></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 8%"> 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>
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
17.89
ceva Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsForfeituresInPeriod
37633 shares
ceva Proceeds From Bank Deposits
ProceedsFromBankDeposits
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ceva Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsGrantsInPeriod
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ceva Increase Decrease In Deferred Tax Net
IncreaseDecreaseInDeferredTaxNet
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ceva Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsOutstandingWeightedAverageRemainingContractualTerms
P4Y9M18D
ceva Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Forfeiture For Executives
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedForfeitureForExecutives
0.05 pure
ceva Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Grant In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsGrantInPeriodWeightedAverageExercisePrice
27.17
ceva Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Exercisable Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsExercisableWeightedAverageRemainingContractualTerms
P4Y
ceva Share Based Compensation Arrangements By Share Based Payment Award Options And Stock Appreciation Rights Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsAndStockAppreciationRightsExercisesInPeriodWeightedAverageExercisePrice
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0.024 pure
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TreasuryStockAcquiredAverageCostPerShare
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CY2015Q3 us-gaap Revenues
Revenues
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SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P10Y
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.49 pure
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WeightedAverageNumberOfDilutedSharesOutstanding
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CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
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ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
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EarningsPerShareBasic
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IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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ceva Increase Decrease In Accrued Salaries And Related Expenses
IncreaseDecreaseInAccruedSalariesAndRelatedExpenses
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EarningsPerShareDiluted
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NetIncomeLoss
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RoyaltyRevenue
7635000
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AllocatedShareBasedCompensationExpense
1119000
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CY2015Q3 us-gaap Income Tax Expense Benefit
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CY2015Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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CY2015Q3 us-gaap Amortization Of Intangible Assets
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CY2015Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
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GeneralAndAdministrativeExpense
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CY2015Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
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CY2015Q3 us-gaap Operating Expenses
OperatingExpenses
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CY2015Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
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CY2015Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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CY2015Q3 us-gaap Other Comprehensive Income Loss Tax
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CY2015Q3 ceva Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Forfeiture
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CY2015Q3 ceva Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Forfeiture For Executives
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedForfeitureForExecutives
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CY2016Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2016Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
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CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
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CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
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CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
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CY2016Q3 us-gaap Treasury Stock Shares Acquired
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CY2016Q3 us-gaap Revenues
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CY2016Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
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CY2016Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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CY2016Q3 us-gaap Licenses Revenue
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CY2016Q3 us-gaap Other Comprehensive Income Loss Before Tax
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CY2016Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
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CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2016Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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CY2016Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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69000
CY2016Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
13000
CY2016Q3 ceva Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Forfeiture For Executives
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedForfeitureForExecutives
0.05 pure

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