Company: SNPS
Filing Date: 2025-09-09
Form Type: 10-Q
Source: 0000883241-25-000024
Chunk: 58

Company: SYNOPSYS INC
Filing Date: 2025-09-09
Form: 10-Q
Item: Item 1
Chunk 58
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 instruments (in thousands)Balance at July 31, 2025Other current assets$10,422 $679 Accrued liabilities$4,166 $2,564 Balance at October 31, 2024Other current assets$8,839 $12 Accrued liabilities$6,918 $114 The following table represents the location of the amount of gains and losses on derivative instrument fair values for designated hedge instruments, net of tax in the condensed consolidated statements of income:Location of gains (losses) recognized in OCI on derivativesAmount of gains (losses) recognized in OCI onderivatives(effective portion)Location ofgains (losses)reclassified from OCIAmount ofgains (losses)reclassified fromOCI(effective portion) (in thousands)Three months ended  July 31, 2025Foreign exchange contractsRevenue$4,751 Revenue$1,056 Foreign exchange contractsOperating expenses847 Operating expenses(8)Interest rate contractsInterest expense— Interest expenses(1,331)Total$5,598 $(283)Three months ended  July 31, 2024Foreign exchange contractsRevenue$4,501 Revenue$2,689 Foreign exchange contractsOperating expenses(320)Operating expenses(611)Total$4,181 $2,078 Nine months ended  July 31, 2025Foreign exchange contractsRevenue$17,953 Revenue$1,336 Foreign exchange contractsOperating expenses(1,295)Operating expenses(5,664)Interest rate contractsInterest expense(93,216)Interest expenses(2,219)Total$(76,558)$(6,547)Nine months ended  July 31, 2024Foreign exchange contractsRevenue$1,936 Revenue$(1,593)Foreign exchange contractsOperating expenses5,720 Operating expenses(763)Total$7,656 $(2,356)

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Note 9. Fair Value Measurements

ASC 820-10, Fair Value Measurements and Disclosures, defines fair value, establishes guidelines and enhances disclosure requirements for fair value measurements. The accounting guidance requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The accounting guidance also establishes a fair value hierarchy based