← SYNOPSYS INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $266.8m | $136.6m | $432.5m | $532.4m | $664.3m | $757.5m | $984.6m | $1.2b | $2.3b | $1.3b | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | — | — | $663.4m | $756.4m | $978.4m | $1.2b | $2.2b | $1.3b | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | — | $1.4b | $1.3b | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | $1.4b | $1.3b | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | $821.7m | ($3.9m) | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | — | $821.7m | ($3.9m) | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | ($900k) | ($1.2m) | ($6.2m) | ($11.8m) | ($27.6m) | $1.0m | |
| Depreciation, Depletion and Amortization | $207.0m | $189.4m | $209.2m | $201.7m | $210.0m | $203.7m | $228.4m | $247.1m | $295.1m | $660.4m | |
| Amortization of Debt Issuance Costs | — | — | — | — | — | — | $0 | $0 | $33.7m | $55.8m | |
| Amortization of Intangible Assets | $133.3m | $111.7m | $129.3m | $103.8m | $95.0m | $86.4m | $99.4m | $107.7m | $16.2m | $192.5m | |
| Depreciation | $73.8m | $82.8m | $72.8m | $100.4m | $119.1m | $119.1m | $107.7m | $145.1m | $162.9m | $171.9m | |
| Other Depreciation and Amortization | $27.5m | $31.6m | $41.6m | $41.3m | $38.8m | $33.9m | $29.8m | $28.0m | — | — | |
| Deferred Income Tax Expense (Benefit) | ($14.0m) | $123.1m | ($210.3m) | ($82.6m) | ($111.5m) | ($128.6m) | ($36.9m) | ($211.0m) | ($376.0m) | ($463.8m) | |
| Share-based Payment Arrangement, Noncash Expense | $97.6m | $108.3m | $140.0m | $155.0m | $248.6m | $345.3m | $459.0m | $563.3m | $692.3m | $893.3m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $26.6m | $36.7m | $45.8m | $57.1m | $82.2m | $138.9m | $174.0m | $241.4m | $337.5m | $305.5m | |
| Share-based Payment Arrangement, Expense | $97.6m | $108.3m | $140.0m | $155.0m | $248.6m | $345.3m | $459.0m | $563.3m | $692.3m | $893.3m | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | $0 | $0 | $0 | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | — | — | — | — | $53.5m | — | |
| Gain (Loss) on Disposition of Business | — | — | — | — | — | — | — | — | $868.8m | $508.0m | |
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | — | — | — | — | — | — | $51.4m | |
| Income Tax Expense (Benefit) | $62.7m | $246.5m | ($69.0m) | $13.1m | ($25.3m) | $49.2m | $137.1m | $83.7m | $99.7m | $56.0m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $35.2m | $446.7m | |
| Other Nonoperating Income (Expense) | $7.7m | $2.6m | $5.4m | ($1.3m) | ($7.4m) | ($5.2m) | $10.7m | ($21.9m) | ($20.5m) | ($16.7m) | |
| Changes in operating assets and liabilities: | |||||||||||
| Noncash investing and financing activities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $43.3m | ($2.3m) | $95.8m | $8.6m | $236.8m | ($201.7m) | $251.4m | $178.4m | $103.5m | $174.1m | |
| Increase (Decrease) in Inventories | — | — | $66.5m | $19.2m | $55.0m | $48.0m | ($1.3m) | $123.8m | $51.4m | $22.5m | |
| Accounts Receivable, Credit Loss Expense (Reversal) | $950k | $2.1m | $3.4m | $11.7m | $20.9m | $18.5m | ($3.5m) | $19.9m | $19.7m | $50.9m | |
| Purchases of property and equipment, accrued but unpaid | $66.9m | $70.3m | $99.0m | $198.1m | $154.7m | $93.8m | $136.6m | $189.6m | $123.2m | $169.5m | |
| Foreign Currency Transaction Gain (Loss), before Tax | $156k | $3.4m | $3.6m | $3.6m | $5.5m | $5.3m | $4.7m | ($1.5m) | $6.3m | $1.8m | |
| Gain (Loss) on Investments | $18k | ($8k) | — | — | — | — | $0 | $0 | — | — | |
| General and Administrative Expense | $166.0m | $196.8m | $262.6m | $229.2m | $284.5m | $323.0m | $353.8m | $410.3m | $568.5m | $769.6m | |
| Goodwill | $2.5b | $2.7b | $3.1b | $3.2b | $3.4b | $3.6b | $3.8b | $4.1b | $3.4b | $26.9b | |
| Nonoperating Income (Expense) | $12.2m | $35.5m | $3.3m | $25.3m | $18.0m | $70.7m | ($46.5m) | $32.5m | $158.1m | $924.9m | |
| Operating Expenses | $1.6b | $1.7b | $2.0b | $2.1b | $2.3b | $2.6b | $2.9b | $3.4b | $3.5b | $4.5b | |
| Payments of Financing Costs | — | — | — | — | — | — | — | — | $72.3m | $0 | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | — | — | $12.4m | $19.9m | $19.3m | $50.9m | |
| Unrealized Gain (Loss) on Derivatives | — | — | — | — | — | — | — | — | — | $121.6m | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($20.7m) | ($3.6m) | $10.9m | ($14.6m) | ($73k) | — | — | — | — | — | |
| Other Operating Income (Expense), Net | $4.4m | $29.6m | $4.6m | $27.8m | $21.5m | $71.6m | ($68.8m) | $20.5m | $85.4m | $65.5m | |
| Net Cash Provided by (Used in) Operating Activities | $586.6m | $634.6m | $424.2m | $800.5m | $991.3m | $1.5b | $1.7b | $1.7b | $1.4b | $1.5b | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $66.9m | $70.3m | $99.0m | $198.1m | $154.7m | $93.8m | $136.6m | $189.6m | $123.2m | $169.5m | |
| Gain (Loss) on Sale of Investments | — | — | — | — | — | — | $0 | $0 | $55.1m | ($3.6m) | |
| Payments for (Proceeds from) Other Investing Activities | $0 | ($2.1m) | $0 | $0 | — | $800k | $1.2m | $0 | $0 | $365k | |
| Net Cash Provided by (Used in) Investing Activities | ($142.7m) | ($189.3m) | ($743.5m) | ($235.9m) | ($360.4m) | ($549.0m) | ($572.6m) | ($482.1m) | $1.2b | ($15.9b) | |
| Cash flows from financing activities: | |||||||||||
| Payments for Repurchase of Common Stock | $400.0m | $380.0m | $400.0m | $329.2m | $242.1m | $753.1m | $1.1b | $1.2b | $0 | $0 | |
| Proceeds from (Payments for) Other Financing Activities | ($5.7m) | ($2.1m) | $1.8m | ($762k) | ($1.3m) | ($4.4m) | ($3.4m) | ($122k) | ($1.1m) | ($2.9m) | |
| Net Cash Provided by (Used in) Financing Activities | ($306.9m) | ($373.1m) | $5.1m | ($561.9m) | ($140.6m) | ($748.7m) | ($1.1b) | ($1.2b) | ($181.3m) | $13.4b | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | ($427k) | ($11.1m) | $2.8m | $17.2m | $2.4m | ($65.3m) | ($3.0m) | $8.8m | $1.9m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | ($427k) | ($11.1m) | $5.5m | $507.4m | $197.2m | ($15.3m) | $21.3m | $2.5b | ($1.0b) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | ($427k) | ($11.1m) | $730.5m | $1.2b | $1.4b | $1.4b | $1.4b | $3.9b | $2.9b | |
| Cash, Cash Equivalents, and Short-term Investments | $1.1b | $1.0b | — | — | — | $1.6b | $1.6b | $1.6b | $4.1b | $3.0b | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | $12.4m | $5.1m | $3.4m | $1.3m | $996k | $814k | $353.8m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.