Company: SNPS
Filing Date: 2025-03-05
Form Type: 424B5
Source: 0001140361-25-007235
Chunk: 27

Company: SYNOPSYS INC
Filing Date: 2025-03-05
Form: 424B5
Chunk 27
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The unaudited pro forma condensed combined statement of income for the three months ended January 31, 2025 is prepared using Synopsys’ unaudited condensed consolidated statement of income for the three months ended January 31, 2025 and Ansys’ unaudited condensed consolidated statement of income for the three months ended December 31, 2024, which is derived by subtracting the unaudited condensed consolidated statement of income for the nine months ended September 30, 2024 from the audited consolidated statement of income for the year ended December 31, 2024, as permitted under Rule 11-02 of Regulation S-X.

As the difference between Synopsys’ and Ansys’ fiscal year-end dates is less than one fiscal quarter, the unaudited pro forma condensed combined statement of income for the year ended October 31, 2024 is prepared using Synopsys’ audited consolidated statement of income for the year ended October 31, 2024 and Ansys’ unaudited condensed consolidated statement of income for the twelve months ended September 30, 2024, which is derived by subtracting the unaudited condensed consolidated statement of income for the nine months ended September 30, 2023 from audited consolidated statement of income for the year ended December 31, 2023 and adding the unaudited condensed consolidated statement of income for the nine months ended September 30, 2024, as permitted under Rule 11-02 of Regulation S-X. The unaudited pro forma condensed combined statement of income give effect to (i) the Ansys Merger as if it had been completed on November 1, 2023, and (ii) the assumptions and adjustments described in the accompanying notes to the unaudited pro forma condensed combined financial information.

The summary pro forma financial data for Synopsys excludes Synopsys’ former Software Integrity business, which was divested on September 30, 2024. The Software Integrity business constituted its own reportable segment under Topic 280, Segment Reporting . In accordance with applicable accounting guidance, the results of the Software Integrity business were presented as discontinued operations in Synopsys’ condensed consolidated statements of income and, as such, have been excluded from both continuing operations and segment results for all periods presented. See our Annual Report on Form 10-K for the fiscal year ended November 2, 2024 and our Quarterly Report on Form 10-Q for the fiscal quarter ended January 31,