Company: SNPS
Filing Date: 2025-02-26
Form Type: 10-Q
Source: 0000883241-25-000014
Chunk: 32

Company: SYNOPSYS INC
Filing Date: 2025-02-26
Form: 10-Q
Item: Item 1
Chunk 32
---
Item 1.Financial Statements

SYNOPSYS, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited, in thousands, except par value amounts)

January 31,2025 October 31,2024ASSETSCurrent assets:Cash and cash equivalents$3,653,880 $3,896,532 Short-term investments155,489 153,869       Total cash, cash equivalents and short-term investments3,809,369 4,050,401 Accounts receivable, net892,647 934,470 Inventories415,199 361,849 Prepaid and other current assets1,206,401 1,122,946 Total current assets6,323,616 6,469,666 Property and equipment, net546,406 563,006 Operating lease right-of-use assets, net545,867 565,917 Goodwill3,433,369 3,448,850 Intangible assets, net180,950 195,164 Deferred income taxes1,393,044 1,247,258 Other long-term assets617,837 583,700 Total assets$13,041,089 $13,073,561 LIABILITIES, REDEEMABLE NON-CONTROLLING INTEREST AND STOCKHOLDERS’ EQUITYCurrent liabilities:Accounts payable and accrued liabilities$938,679 $1,163,592 Operating lease liabilities99,310 94,791 Deferred revenue1,320,605 1,391,737 Total current liabilities2,358,594 2,650,120 Long-term operating lease liabilities551,507 574,065 Long-term deferred revenue316,178 340,831 Long-term debt14,220 15,601 Other long-term liabilities495,689 469,738 Total liabilities3,736,188 4,050,355 Redeemable non-controlling interest— 30,000 Stockholders’ equity:Preferred stock, $0.01 par value: 2,000 shares authorized; none outstanding— — Common stock, $0.01 par value: 400,000 shares authorized; 154,618 and 154,112 shares outstanding, respectively1,547 1,541 Capital in excess of par value1,127,181 1,211,206 Retained earnings