Company: SNPS
Filing Date: 2025-05-28
Form Type: 10-Q
Source: 0000883241-25-000017
Chunk: 195

Company: SYNOPSYS INC
Filing Date: 2025-05-28
Form: 10-Q
Item: Item 8
Chunk 195
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.3 675 %Gains (losses) on assets related to deferred compensation plan (20.1)11.1 (31.2)(281)%Foreign currency exchange gains (losses)(0.2)(0.3)0.1 (33)%Gain (loss) on sale of strategic investments(2.4)— (2.4)(100)%Gain on sale of building51.4 — 51.4 100 %Other, net(4.5)(5.9)1.4 (24)%Total$114.1 $16.5 $97.6 592 %Six months endedInterest income$125.6 $24.8 $100.8 406 %Gains (losses) on assets related to deferred compensation plan(0.5)50.5 (51.0)(101)%Foreign currency exchange gains (losses)(0.1)3.1 (3.2)(103)%Gain (loss) on sale of strategic investments(2.4)55.1 (57.5)(104)%Gain on sale of building51.4 — 51.4 100 %Other, net(9.5)(10.4)0.9 (9)%Total$164.5 $123.1 $41.4 34 %

The increase in other income (expense) for the three and six months ended April 30, 2025 as compared to the same periods in fiscal 2024 was primarily due to higher interest income as a result of higher cash balance and the gain recognized from the sale of an office building, partially offset by a decrease in the change in fair value of our executive deferred compensation plan assets. The increase for the six-month period was also partially offset by the impact of gain recognized from the sale of strategic investments in the first quarter of fiscal 2024.

Segment Operating Results

We do not allocate certain operating expenses managed at a consolidated level to our reportable segments. These unallocated expenses consist primarily of amortization of acquired intangible assets, stock-based compensation expense, changes in the fair value of deferred compensation plan, and acquisition/divestiture related items. See Note 17. Segment Disclosure of the Notes to Condensed Consolidated Financial Statements in this Quarterly Report for more information.

Design Automation Segment

 April 30,   20252024Change% Change (dollars in