Company: SNPS
Filing Date: 2025-02-26
Form Type: 10-Q
Source: 0000883241-25-000014
Chunk: 37

Company: SYNOPSYS INC
Filing Date: 2025-02-26
Form: 10-Q
Item: Item 1
Chunk 37
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:Proceeds from maturities of short-term investments19,684 24,559 Proceeds from sales of short-term investments16,411 — Purchases of short-term investments(37,269)(25,612)Proceeds from sales of strategic investments— 55,696 Purchases of strategic investments(3,288)(822)Purchases of property and equipment, net(40,715)(40,391)Acquisitions, net of cash acquired— (67,827)Proceeds from business divestiture, net of cash divested23,808 — Other(611)— Net cash used in investing activities(21,980)(54,397)Cash flows from financing activities:Repayment of debt(1,289)(1,303)Payment of bridge financing and term loan costs— (48,000)Issuances of common stock14,417 9,483 Payments for taxes related to net share settlement of equity awards(124,966)(147,330)Redemption of redeemable non-controlling interest(30,000)— Net cash used in financing activities(141,838)(187,150)Effect of exchange rate changes on cash, cash equivalents and restricted cash(9,676)9,320 Net change in cash, cash equivalents and restricted cash (240,949)(320,017)Cash, cash equivalents and restricted cash, beginning of year, including cash from discontinued operations3,898,729 1,441,187 Cash, cash equivalents and restricted cash, end of period, including cash from discontinued operations 3,657,780 1,121,170 Less: Cash, cash equivalents and restricted cash from discontinued operations— 4,962 Cash, cash equivalents and restricted cash from continuing operations$3,657,780 $1,116,208 

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

5

SYNOPSYS, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

Note 1. Description of Business

Synopsys, Inc. (Synopsys, we, our or us) delivers trusted and comprehensive silicon to systems design solutions, from electronic design automation (EDA), including system verification and validation solutions, to silicon intellectual property (IP). We partner closely with semiconductor and systems customers across a wide range of industries to maximize their engineering and research and development capacity. We are catal