SYNOPSYS, INC.

Unaudited Condensed Consolidated Balance Sheets ⁽¹⁾

(in thousands, except par value amounts)

April 30, 2022

October 31, 2021

ASSETS:

Current assets:

  Cash and cash equivalents

$                   1,573,620

$                   1,432,840

  Short-term investments

146,901

147,949

          Total cash, cash equivalents & short-term investments

$                   1,720,521

$                   1,580,789

  Accounts receivable, net

722,992

568,501

  Inventories

213,532

229,023

  Prepaid and other current assets

417,201

430,028

          Total current assets

3,074,246

2,808,341

Property and equipment, net

491,641

472,398

Operating lease right-of-use assets, net

585,108

493,251

Goodwill

3,616,133

3,575,785

Intangible assets, net

333,321

279,132

Deferred income taxes

605,785

612,655

Other long-term assets

504,147

510,698

           Total assets

$                   9,210,381

$                   8,752,260

LIABILITIES, REDEEMABLE NON-CONTROLLING INTEREST AND STOCKHOLDERS' EQUITY:

Current liabilities:

  Accounts payable and accrued liabilities

$                      612,221

$                      741,191

  Operating lease liabilities, current

55,170

79,678

  Deferred revenue

1,795,267

1,517,623

  Short-term debt

-

74,992

           Total current liabilities

2,462,658

2,413,484

Operating lease liabilities, non-current

601,317

487,003

Long-term deferred revenue

165,911

136,303

Long-term debt

23,775

25,094

Other long-term liabilities

345,774

391,433

           Total liabilities

3,599,435

3,453,317

Redeemable non-controlling interest

43,516

-

Stockholders' equity:

  Preferred stock, $0.01 par value: 2,000 shares authorized; none outstanding

-

-

  Common stock, $0.01 par value: 400,000 shares authorized; 152,955 and

  153,062 shares outstanding, respectively

1,530

1,531

  Capital in excess of par value

1,517,481

1,576,363

  Retained earnings

5,157,633

4,549,713

  Treasury stock, at cost: 4,306 and 4,198 shares, respectively

(999,234)

(782,866)

  Accumulated other comprehensive income (loss)

(113,099)

(49,604)

           Total Synopsys stockholders' equity

5,564,311

5,295,137

  Non-controlling interest

3,119

3,806

           Total stockholders' equity

5,567,430

5,298,943

           Total liabilities, redeemable non-controlling interest and    
           stockholders' equity

$                   9,210,381

$                   8,752,260

(1) Synopsys' second quarter of fiscal year 2022 ended on April 30, 2022 and its fiscal year 2021 ended on October 30, 2021. For presentation purposes, we refer to the closest calendar month end.