Company: SNPS
Filing Date: 2025-05-28
Form Type: 10-Q
Source: 0000883241-25-000017
Chunk: 38

Company: SYNOPSYS INC
Filing Date: 2025-05-28
Form: 10-Q
Item: Item 1
Chunk 38
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805)399,096 (96,697)(96,697)Stock-based compensation355,983 355,983 2,504 358,487 Adjustments for redeemable non-controlling interest(4,552)(4,552)(4,552)Recognition of non-controlling interest upon issuance of subsidiary stock1,498 1,498 (2,445)(947)Balance at April 30, 2024153,204 $1,532 $1,182,829 $7,478,366 $(1,321,554)$(188,013)$7,153,160 $4,638 $7,157,798 

See the accompanying Notes to Condensed Consolidated Financial Statements (unaudited).

5

SYNOPSYS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited, in thousands)

 Six Months Ended  April 30, 20252024Cash flows from operating activities:Net income$642,521 $735,296 Adjustments to reconcile net income to net cash provided by operating activities:Amortization and depreciation96,838 123,886 Reduction of operating lease right-of-use assets51,728 48,179 Amortization of capitalized costs to obtain revenue contracts25,405 37,912 Stock-based compensation388,186 358,487 Allowance for credit losses15,940 9,987 (Gain) loss on sale of strategic investments2,435 (55,077)Gain on sale of building(51,385)— Loss on divestitures, net of transaction costs8,299 — Amortization of bridge financing costs40,411 7,085 Amortization of debt issuance costs2,348 — Deferred income taxes(237,170)(170,854)Other(181)(2,607)Net changes in operating assets and liabilities, net of effects from acquisitions and dispositions:Accounts receivable(74,098)20,889 Inventories(39,766)(60,518)Prepaid and other current assets(140,472)(191,595)Other long-term assets(36,058)(104,551)Accounts payable and accrued liabilities(242,529)(142,086)Operating lease liabilities(48,617)(48,709)Income taxes(36,870)(229,536)Deferred revenue(