Company: SNPS
Filing Date: 2025-02-26
Form Type: 10-Q
Source: 0000883241-25-000014
Chunk: 63

Company: SYNOPSYS INC
Filing Date: 2025-02-26
Form: 10-Q
Item: Item 1
Chunk 63
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Adjusted operating margin40 %36 %Design IP:Revenue$435,099 $525,650 Adjusted operating income126,547 245,727 Adjusted operating margin29 %47 %Certain operating expenses are not allocated to the segments and are managed at a consolidated level. The unallocated expenses managed at a consolidated level, including amortization of acquired intangible assets, stock-based compensation, changes in the fair value of deferred compensation plan, and acquisition/divestiture related items, are presented in the table below to provide a reconciliation of the total adjusted operating income from segments to our consolidated operating income from continuing operations: Three Months Ended  January 31, 20252024 (in thousands)Total segment adjusted operating income$531,217 $605,192 Reconciling items:Amortization of acquired intangible assets(12,596)(16,684)Stock-based compensation expense(186,463)(165,505)Deferred compensation plan(19,638)(39,445)Acquisition/divestiture related items(60,681)(30,932)Total operating income$251,839 $352,626 The CODM does not use total assets by segment to evaluate segment performance or allocate resources. As a result, total assets by segment are not disclosed.In allocating revenue to particular geographic areas, the CODM considers where individual “seats” or licenses to our products are located. Revenue is defined as revenue from external customers. Revenue related to operations in the United States and other geographic areas are:  Three Months Ended  January 31, 20252024 (in thousands)Revenue:United States$610,710 $723,821 Europe153,671 137,269 China173,948 241,064 Korea250,385 182,044 Other266,601 226,791 Consolidated$1,455,315 $1,510,989 

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Geographic revenue data for multi-regional, multi-product transactions reflect internal allocations and are therefore subject to certain assumptions and to our allocation methodology.

Note 18. Interest and Other Income (Expense), Net

The following table presents the components of interest and other income (expense), net: Three Months Ended  January 31, 20252024 (in thousands)Interest income$35,721 $13,150 Interest expense(10,683)(1,324)G