Company: SNPS
Filing Date: 2025-05-28
Form Type: 10-Q
Source: 0000883241-25-000017
Chunk: 71

Company: SYNOPSYS INC
Filing Date: 2025-05-28
Form: 10-Q
Item: Item 1
Chunk 71
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 as such, have been excluded from both continuing operations and segment results for all periods presented. See Note 3. Discontinued Operations of the Notes to Condensed Consolidated Financial Statements.

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Information by reportable segment is as follows: Three Months Ended  April 30,Six Months Ended  April 30, 2025202420252024 (in thousands)Total Segments:Revenue$1,604,266 $1,454,712 $3,059,581 $2,965,701 Adjusted operating income609,270 543,042 1,140,487 1,148,234 Adjusted operating margin38 %37 %37 %39 %Design Automation:Revenue$1,122,235 $1,054,933 $2,142,451 $2,040,272 Adjusted operating income458,756 418,245 863,426 777,710 Adjusted operating margin41 %40 %40 %38 %Design IP:Revenue$482,031 $399,779 $917,130 $925,429 Adjusted operating income150,514 124,797 277,061 370,524 Adjusted operating margin31 %31 %30 %40 %Certain operating expenses are not allocated to the segments and are managed at a consolidated level. The unallocated expenses managed at a consolidated level, including amortization of acquired intangible assets, stock-based compensation, changes in the fair value of deferred compensation plan, and acquisition/divestiture related items, are presented in the table below to provide a reconciliation of the total adjusted operating income from segments to our consolidated operating income from continuing operations: Three Months Ended  April 30,Six Months Ended  April 30, 2025202420252024 (in thousands)Total segment adjusted operating income$609,270 $543,042 $1,140,487 $1,148,234 Reconciling items:Amortization of acquired intangible assets(11,656)(18,061)(24,252)(34,745)Stock-based compensation expense(201,723)(162,691)(388,186)(328,196)Deferred compensation plan20,106 (11,051)468 (50,496)Acquisition/divestiture related items(39,571)(19,167)(100,252)(50