Company: SNPS
Filing Date: 2025-05-28
Form Type: 10-Q
Source: 0000883241-25-000017
Chunk: 150

Company: SYNOPSYS INC
Filing Date: 2025-05-28
Form: 10-Q
Item: Item 8
Chunk 150
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3,993 3,884 7,989 7,409 Contract rights intangible323 1,210 730 2,402 Trademarks and trade names3 4 7 8 Total$11,656 $18,061 $24,252 $34,745 The following table presents the estimated future amortization of acquired intangible assets as of April 30, 2025:Fiscal year(in thousands)Remainder of fiscal 2025$21,998 202635,919 202730,972 202825,379 202924,520 2030 and thereafter34,606 Total$173,394 

Note 7. Balance Sheet Components

13

As ofApril 30, 2025October 31, 2024(in thousands)Other long-term assets:Deferred compensation plan assets$388,851 $386,757 Capitalized commission, net67,029 72,801 Other120,097 124,142 Total$575,977 $583,700 Accounts payable and accrued liabilities:Payroll and related benefits$422,935 $624,823 Accrued income taxes119,572 147,115 Other accrued liabilities276,299 184,321 Accounts payable84,740 207,333 Total$903,546 $1,163,592 Other long-term liabilities:Deferred compensation plan liabilities$388,851 $386,757 Other99,733 82,981 Total$488,584 $469,738 Assets Held for Sale

During the second quarter of fiscal 2025, we completed the sale of an office building for cash consideration of $74.3 million, net of selling costs. We recognized a pre-tax gain on sale of $51.4 million, which was included in other income (expense), net in the condensed consolidated statements of income.  

Note 8. Financial Assets and Liabilities

Cash Equivalents and Short-term InvestmentsAs of April 30, 2025, the balances of our cash equivalents and short-term investments are as follows:Amortized CostGrossUnrealizedGainsGrossUnrealizedLosses Less Than 12 Continuous MonthsGrossUnrealizedLosses 12 Continuous Months or LongerEstimatedFair Value(1) (in thousands)Cash equivalents:Money market funds$630,455 $—