Company: SNPS
Filing Date: 2025-09-09
Form Type: 10-Q
Source: 0000883241-25-000024
Chunk: 170

Company: SYNOPSYS INC
Filing Date: 2025-09-09
Form: 10-Q
Item: Item 8
Chunk 170
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 is as follows:Nine Months Ended July 31,20252024(in thousands)Cash paid for amounts included in the measurement of operating lease liabilities(1)$79,819 $74,715 ROU assets obtained in exchange for operating lease liabilities(2)$110,069 $64,790 (1) Cash paid for amounts included in the measurement of operating lease liabilities included cash from discontinued operations of $4.3 million during the nine months ended July 31, 2024.(2) ROU assets obtained in exchange for operating lease liabilities included ROU assets from discontinued operations of $0.7 million during the nine months ended July 31, 2024.Lease term and discount rate information related to our operating leases as of the end of the period presented are as follows: As ofJuly 31, 2025October 31, 2024Weighted-average remaining lease term (in years)6.817.59Weighted-average discount rate3.33 %2.86 %The following table represents the maturities of our future lease payments due under operating leases as of July 31, 2025:Lease PaymentsFiscal year(in thousands)Remainder of fiscal 2025$34,397 2026152,997 2027149,967 2028136,922 2029127,192 2030 and thereafter294,037 Total future minimum lease payments895,512 Less: Imputed interest95,331 Total lease liabilities$800,181 In addition, the sublease income from facilities leased by us, due to us as of July 31, 2025 are as follows:

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Lease ReceiptsFiscal year(in thousands)Remainder of fiscal 2025$4,604 202618,767 202719,689 202820,280 202920,888 2030 and thereafter17,867 Total$102,095 

Note 12. Redeemable Non-controlling Interest

During the second quarter of fiscal 2022, we acquired a 75% equity interest in OpenLight Photonics, Inc. (OpenLight) for cash consideration of $90.0 million. The remaining 25% equity interest in OpenLight was held by Juniper Networks, Inc. (the Minority Investor) from their contribution of IP and certain tangible assets.The agreement with the Minority Investor contained redemption features whereby the interest held by the Minority Investor was redeem