Company: SNPS
Filing Date: 2025-02-26
Form Type: 10-Q
Source: 0000883241-25-000014
Chunk: 134

Company: SYNOPSYS INC
Filing Date: 2025-02-26
Form: 10-Q
Item: Item 8
Chunk 134
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 year(in thousands)Remainder of fiscal 2025$33,673 202635,945 202730,998 202825,405 202922,577 2030 and thereafter32,352 Total$180,950 

Note 7. Balance Sheet Components

As ofJanuary 31, 2025October 31, 2024(in thousands)Other long-term assets:Deferred compensation plan assets$414,002 $386,757 Capitalized commission, net65,287 72,801 Other138,548 124,142 Total$617,837 $583,700 Accounts payable and accrued liabilities:Payroll and related benefits$354,061 $624,823 Accrued income taxes243,999 147,115 Other accrued liabilities239,099 184,321 Accounts payable101,520 207,333 Total$938,679 $1,163,592 Other long-term liabilities:Deferred compensation plan liabilities$414,002 $386,757 Other81,687 82,981 Total$495,689 $469,738 Assets Held for SaleDuring the three months ended January 31, 2025, we commenced a plan to sell one office building with approximately 118,000 square feet. As of January 31, 2025, the office building had a carrying value of approximately $15.3 million, which was included within prepaid and other current assets in the condensed consolidated balance sheets.

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Note 8. Financial Assets and Liabilities

Cash Equivalents and Short-term InvestmentsAs of January 31, 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$672,567 $— $— $— $672,567 U.S. Treasury, agency & T-bills10,485 2 — — 10,487 Total:$683,052 $2 $— $— $683,054 Short-term investments:U.S. Treasury, agency & T-bills$18,354 $21 $(4)$— $18,371 Corporate debt