Company: SNPS
Filing Date: 2025-02-26
Form Type: 10-Q
Source: 0000883241-25-000014
Chunk: 34

Company: SYNOPSYS INC
Filing Date: 2025-02-26
Form: 10-Q
Item: Item 1
Chunk 34
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(2,905)Net income attributed to Synopsys$295,683 $449,112 Net income attributed to Synopsys:Continuing operations$295,683 $437,450 Discontinued operations— 11,662 Net income$295,683 $449,112 Net income per share attributed to Synopsys - basic:Continuing operations$1.91 $2.87 Discontinued operations$— $0.08 Basic net income per share$1.91 $2.95 Net income per share attributed to Synopsys - diluted:Continuing operations$1.89 $2.82 Discontinued operations$— $0.07 Diluted net income per share$1.89 $2.89 Shares used in computing per share amounts:Basic154,408 152,311 Diluted156,189 155,334 

See the accompanying Notes to Condensed Consolidated Financial Statements (unaudited).

2

SYNOPSYS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(Unaudited, in thousands)

 Three Months Ended  January 31, 20252024Net income$297,411 $446,207 Other comprehensive income (loss):Change in foreign currency translation adjustment(28,637)18,290 Change in unrealized gains (losses) on available-for-sale securities, net of tax of $0 for periods presented(42)1,012 Cash flow hedges:Deferred gains (losses), net of tax of $11,494 and $(3,003), respectively(36,448)10,610 Reclassification adjustment on deferred (gains) losses included in net income, net of tax of $(1,403) and $(1,690), respectively 3,588 3,278 Other comprehensive income (loss), net of tax effects(61,539)33,190 Comprehensive income235,872 479,397 Less: Net income (loss) attributed to non-controlling interest and redeemable non-controlling interest1,728 (2,905)Comprehensive income attributed to Synopsys$234,144 $482,302 

See the accompanying Notes to Condensed Consolidated Financial Statements (unaudited).

3

SYNOPSYS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF