Company: SNPS
Filing Date: 2025-03-03
Form Type: 424B5
Source: 0001140361-25-006661
Chunk: 26

Company: SYNOPSYS INC
Filing Date: 2025-03-03
Form: 424B5
Chunk 26
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 forma condensed combined financial data shown below should also be read together with the Management’s Discussion and Analysis of Financial Condition and Results of Operations of Synopsys included in Synopsys’ Annual Report on Form 10-K for the fiscal year ended November 2, 2024 and Quarterly Report on Form 10-Q for the fiscal quarter ended January 31, 2025, which are each incorporated by reference herein. For factors that could cause actual results to differ materially from those presented in the pro forma condensed combined financial data, see “Cautionary Statement Concerning Forward-Looking Statements” and “Risk Factors” included elsewhere in this prospectus supplement.

Historically, Synopsys’ fiscal year ended on the Saturday nearest to October 31 and consisted of 52 weeks, with the exception that approximately every five years, Synopsys had a 53-week year. When a 53-week year occurred, Synopsys included the additional week in the first quarter to realign fiscal quarters with calendar quarters. Fiscal 2024 was a 53-week year ending on November 2, 2024. During fiscal 2024, Synopsys’ Board of Directors approved a change in the fiscal year end from Saturday closest to October 31 of each year to October 31 of each year. The fiscal year change became effective beginning in fiscal year 2025, which began on November 3, 2024. Synopsys’ fiscal quarters end on January 31, April 30, July 31 and October 31 of each year. For presentation purposes, the summary pro forma financial information refers to the closest calendar month end for all periods presented.

The unaudited pro forma condensed combined balance sheet as of January 31, 2025 is prepared using Synopsys’ unaudited condensed consolidated balance sheet as of January 31, 2025 and Ansys’ audited consolidated balance sheet as of December 31, 2024, respectively, giving effect to (i) the Ansys Merger, borrowings under the Term Loan Credit Agreement, the debt financing (including this offering of the notes) and the Optical Solutions Divestiture as if they had been completed on January 31, 2025 and (ii) the assumptions and adjustments described in the accompanying notes to the unaudited pro forma condensed combined financial information.

The unaudited pro forma condensed combined statement of income for the three months ended January 31, 2025 is prepared using Synopsys’ unaudited