Company: SNPS
Filing Date: 2025-05-28
Form Type: 10-Q
Source: 0000883241-25-000017
Chunk: 70

Company: SYNOPSYS INC
Filing Date: 2025-05-28
Form: 10-Q
Item: Item 1
Chunk 70
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629 Dilutive effect of common share equivalents from equity-based compensation1,161 2,799 1,552 2,981 Weighted average common shares for diluted net income per share156,088 155,770 156,218 155,610 Net income (loss) per share attributed to Synopsys - basic:Continuing operations$2.25 $1.96 $4.17 $4.83 Discontinued operations$(0.02)$(0.05)$(0.03)$0.03 Basic net income per share$2.23 $1.91 $4.14 $4.86 Net income (loss) per share attributed to Synopsys - diluted:Continuing operations$2.24 $1.92 $4.13 $4.73 Discontinued operations$(0.03)$(0.04)$(0.03)$0.03 Diluted net income per share$2.21 $1.88 $4.10 $4.76 Anti-dilutive employee stock-based awards excluded1,897 208 413 202 

Note 17. Segment Disclosure

Segment reporting is based upon the “management approach,” i.e., how management organizes our operating segments for which separate financial information is (1) available and (2) evaluated regularly by the CODM in deciding how to allocate resources and in assessing performance. Our CODM is our CEO.We have two reportable segments: (1) Design Automation, which includes our advanced silicon design, verification products and services, system integration products and services, digital, custom and field programmable gate array (FPGA) IC design software, verification software and hardware products, manufacturing software products and other; and (2) Design IP, which includes our interface, foundation, security, and embedded processor IP, IP subsystems, and IP implementation services.The financial information provided to and used by the CODM to assist in making operational decisions, allocating resources, and assessing performance includes consolidated financial information as well as revenue, adjusted operating income, and adjusted operating margin information for the Design Automation and Design IP segments, accompanied by disaggregated information relating to revenue by geographic region. The Software Integrity business constituted its own reportable segment under Topic 280. In accordance with applicable accounting guidance, the results of the Software Integrity business were presented as discontinued operations in the condensed consolidated statements of income and,