SYNOPSYS, INC. | |||||
Unaudited Consolidated Balance Sheets (1) | |||||
(in thousands, except par value amounts) | |||||
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| October 31, 2018 |
| October 31, 2017 |
ASSETS: |
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Current assets: |
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Cash and cash equivalents |
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| $ 723,115 |
| $ 1,048,356 |
Accounts receivable, net |
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| 554,217 |
| 451,144 |
Inventory |
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| 122,407 |
| 61,884 |
Income taxes receivable and prepaid taxes |
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| 76,525 |
| 48,257 |
Prepaid and other current assets |
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| 67,533 |
| 72,952 |
Total current assets |
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| 1,543,797 |
| 1,682,593 |
Property and equipment, net |
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| 309,310 |
| 266,014 |
Goodwill |
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| 3,143,249 |
| 2,706,974 |
Intangible assets, net |
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| 360,404 |
| 253,843 |
Long-term prepaid taxes |
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| 138,312 |
| 20,157 |
Long-term deferred income taxes |
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| 404,166 |
| 243,989 |
Other long-term assets |
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| 246,736 |
| 222,844 |
Total assets |
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| $ 6,145,974 |
| $ 5,396,414 |
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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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| $ 578,326 |
| $ 499,846 |
Accrued income taxes |
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| 27,458 |
| 39,811 |
Deferred revenue |
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| 1,152,862 |
| 1,064,528 |
Short-term debt |
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| 343,769 |
| 9,924 |
Total current liabilities |
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| 2,102,415 |
| 1,614,109 |
Long-term accrued income taxes |
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| 50,590 |
| 33,239 |
| Long-term deferred revenue |
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| 116,859 |
| 83,252 |
| Long-term debt |
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| 125,535 |
| 134,063 |
| Other long-term liabilities |
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| 265,560 |
| 252,027 |
| Total liabilities |
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| 2,660,959 |
| 2,116,690 |
| 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; 149,265 and 150,445 shares outstanding, respectively |
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| 1,493 |
| 1,505 |
| Capital in excess of par value |
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| 1,644,830 |
| 1,622,429 |
| Retained earnings |
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| 2,543,688 |
| 2,143,873 |
| Treasury stock, at cost: 7,996 and 6,817 shares, respectively |
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| (597,682) |
| (426,208) |
| Accumulated other comprehensive income (loss) |
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| (113,177) |
| (65,979) |
| Total Synopsys stockholders' equity |
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| 3,479,152 |
| 3,275,620 |
| Non-controlling interest |
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| 5,863 |
| 4,104 |
| Total stockholders' equity |
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| 3,485,015 |
| 3,279,724 |
| Total liabilities and stockholders' equity |
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| $ 6,145,974 |
| $ 5,396,414 |
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| (1) Synopsys' fiscal year 2018 ended on November 3, 2018, and fiscal year 2017 ended on October 28, 2017. For presentation purposes, we refer to the closest calendar month end. |
