Company: SNPS
Filing Date: 2025-09-09
Form Type: 10-Q
Source: 0000883241-25-000024
Chunk: 72

Company: SYNOPSYS INC
Filing Date: 2025-09-09
Form: 10-Q
Item: Item 1
Chunk 72
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 Total stock-based compensation expense before taxes267,723 181,539 655,909 540,026 Income tax benefit(38,686)(29,972)(94,779)(89,158)Stock-based compensation expense after taxes$229,037 $151,567 $561,130 $450,868 During the three and nine months ended July 31, 2025 and 2024, we recognized stock-based compensation expense relating to RSUs granted to senior executives with certain market, performance and service conditions (market-based RSUs). The grant date fair value of the market-based RSUs and the assumptions used in the Monte Carlo simulation model to determine the grant date fair value during the periods are as follows: Nine Months Ended  July 31, 20252024Expected life (in years)2.67 - 2.792.89 Risk-free interest rate3.90% - 4.39%4.41%Volatility33.40% - 34.72%34.03%Grant date fair value$409.94 - $464.17$600.29As of July 31, 2025, we had $1.7 billion of total unrecognized stock-based compensation expense relating to options, RSUs and restricted stock awards, which is expected to be recognized over a weighted-average period of 2.0 years. As of July 31, 2025, we had $109.2 million of unrecognized stock-based compensation expense relating 

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to our Employee Stock Purchase Plan, which is expected to be recognized over a period of approximately 2.0 years.The intrinsic values of equity awards exercised during the periods are as follows: Three Months Ended  July 31,Nine Months Ended  July 31, 2025202420252024 (in thousands)Intrinsic value of awards exercised$31,834 $90,973 $86,671 $166,993 

Note 16. Net Income (Loss) Per Share

We compute basic net income (loss) per share by dividing net income available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted net income (loss) per share reflects the dilution from potential common shares outstanding such as stock options and unvested RSUs and awards during the period using the treasury stock method.The table below reconciles the weighted average common shares used to calculate basic net income (loss) per share with the