Company: SNPS
Filing Date: 2025-09-09
Form Type: 10-Q
Source: 0000883241-25-000024
Chunk: 49

Company: SYNOPSYS INC
Filing Date: 2025-09-09
Form: 10-Q
Item: Item 1
Chunk 49
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-use assets, net1,978 Goodwill31,523 Intangible assets, net15,170 Total current assets held for sale$74,317 Liabilities:Accounts payable and accrued liabilities$882 Operating lease liabilities2,103 Deferred revenue17,020 Total current liabilities held for sale$20,005 The Regulatory Divestitures did not represent a strategic shift in operations that would have a major effect on the Company's business and are also not material to our financial results, therefore, are not presented as discontinued operations. The measurement of assets held for sale to fair value less costs to sell resulted in a gain which will not be recognized until realized on the date of sale.Supplemental Pro Forma Information (Unaudited)The following unaudited pro forma financial information presents combined results of operations for each of the periods presented, as if Ansys had been acquired as of the beginning of fiscal year 2024. Three Months Ended  July 31,Nine Months Ended  July 31,2025202420252024(in thousands)Pro forma total revenue$2,290,354 $2,105,893 $6,666,029 $6,385,630 Pro forma net income (loss)$214,539 $107,135 $294,183 $(127,250)

The unaudited pro forma financial information reflects significant non-recurring adjustments, including transaction costs of $298.4 million, stock-based compensation costs of $71.5 million, and severance costs of $8.2 million. This information is provided for informational purposes only and is not necessarily indicative of our consolidated results of operations of the combined business had the acquisition actually occurred at the beginning of fiscal year 2024, or of the results of our future operations of the combined business.

Note 5. Revenue

Disaggregated Revenue

15

The following table shows the percentage of revenue by product groups:Three Months Ended  July 31,Nine Months Ended  July 31,2025202420252024EDA68.6 %66.9 %67.6 %66.8 %Design IP24.6 %30.4 %28.0 %30.9 %Simulation and Analysis4.5 %— %1.6 %— %Other2.3 %2.7 %2.8 %2.3