SYNOPSYS, INC. | ||||||
Unaudited Consolidated Balance Sheets (1) | ||||||
(in thousands, except par value amounts) | ||||||
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| October 31, 2019 |
| October 31, 2018 |
ASSETS: |
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Current assets: |
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Cash and cash equivalents |
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| $ 728,597 |
| $ 723,115 |
Accounts receivable, net |
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| 553,895 |
| 554,217 |
Inventories |
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| 141,518 |
| 122,407 |
Income taxes receivable and prepaid taxes |
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| 24,855 |
| 76,525 |
Prepaid and other current assets |
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| 290,052 |
| 67,533 |
Total current assets |
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| 1,738,917 |
| 1,543,797 |
Property and equipment, net |
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| 429,532 |
| 309,310 |
Goodwill |
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| 3,171,179 |
| 3,143,249 |
Intangible assets, net |
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| 279,374 |
| 360,404 |
Long-term prepaid taxes |
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| 15,503 |
| 138,312 |
Deferred income taxes |
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| 390,129 |
| 404,166 |
Other long-term assets |
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| 380,526 |
| 246,736 |
Total assets |
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| $ 6,405,160 |
| $ 6,145,974 |
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LIABILITIES AND STOCKHOLDERS' EQUITY: |
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Current liabilities: |
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Accounts payable and accrued liabilities |
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| $ 506,459 |
| $ 578,326 |
Accrued income taxes |
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| 15,904 |
| 27,458 |
Deferred revenue |
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| 1,212,476 |
| 1,152,862 |
Short-term debt |
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| 17,614 |
| 343,769 |
| Total current liabilities |
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| 1,752,453 |
| 2,102,415 |
| Long-term accrued income taxes |
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| 29,911 |
| 50,590 |
| Long-term deferred revenue |
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| 90,102 |
| 116,859 |
| Long-term debt |
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| 120,093 |
| 125,535 |
| Other long-term liabilities |
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| 323,725 |
| 265,560 |
| Total liabilities |
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| 2,316,284 |
| 2,660,959 |
| Stockholders' equity: |
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| Preferred stock, $0.01 par value: 2,000 shares authorized; none outstanding |
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| - |
| - |
| Common stock, $0.01 par value: 400,000 shares authorized; 150,331 and |
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| 149,265 shares outstanding, respectively |
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| 1,503 |
| 1,493 |
| Capital in excess of par value |
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| 1,635,455 |
| 1,644,830 |
| Retained earnings |
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| 3,164,144 |
| 2,543,688 |
| Treasury stock, at cost: 6,930 and 7,996 shares, respectively |
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| (625,642) |
| (597,682) |
| Accumulated other comprehensive income (loss) |
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| (92,447) |
| (113,177) |
| Total Synopsys stockholders' equity |
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| 4,083,013 |
| 3,479,152 |
| Non-controlling interest |
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| 5,863 |
| 5,863 |
| Total stockholders' equity |
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| 4,088,876 |
| 3,485,015 |
| Total liabilities and stockholders' equity |
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| $ 6,405,160 |
| $ 6,145,974 |
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| (1) Synopsys' fiscal year 2019 and 2018 ended on November 2, 2019 and November 3, 2018, respectively. For presentation purposes, we refer to the closest calendar month end. |
