(1) Synopsys' fourth quarter of fiscal year 2020 and 2019 ended on October 31, 2020 and November 2, 2019, respectively. For presentation purposes, we refer to the closest calendar month end. | |||||||
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SYNOPSYS, INC. | |||
Unaudited Consolidated Balance Sheets (1) | |||
(in thousands, except par value amounts) | |||
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| October 31, 2020 |
| October 31, 2019 |
ASSETS: |
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Current assets: |
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Cash and cash equivalents | $ 1,235,653 |
| $ 728,597 |
Accounts receivable, net | 780,709 |
| 553,895 |
Inventories, net | 192,333 |
| 141,518 |
Income taxes receivable and prepaid taxes | 32,355 |
| 24,855 |
Prepaid and other current assets | 308,167 |
| 290,052 |
Total current assets | 2,549,217 |
| 1,738,917 |
Property and equipment, net | 483,818 |
| 429,532 |
Operating lease right-of-use assets, net | 465,818 |
| - |
Goodwill | 3,365,114 |
| 3,171,179 |
Intangible assets, net | 254,322 |
| 279,374 |
Long-term prepaid taxes | 8,276 |
| 15,503 |
Deferred income taxes | 497,546 |
| 390,129 |
Other long-term assets | 405,951 |
| 380,526 |
Total assets | $ 8,030,062 |
| $ 6,405,160 |
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LIABILITIES AND STOCKHOLDERS' EQUITY: |
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Current liabilities: |
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Accounts payable and accrued liabilities | $ 623,664 |
| $ 506,459 |
Operating lease liabilities, current | 73,173 |
| - |
Accrued income taxes | 27,738 |
| 15,904 |
Deferred revenue | 1,388,263 |
| 1,212,476 |
Short-term debt | 27,084 |
| 17,614 |
Total current liabilities | 2,139,922 |
| 1,752,453 |
Operating lease liabilities, non-current | 462,411 |
| - |
Long-term accrued income taxes | 25,178 |
| 29,911 |
Long-term deferred revenue | 104,850 |
| 90,102 |
Long-term debt | 100,823 |
| 120,093 |
Other long-term liabilities | 284,511 |
| 323,725 |
| Total liabilities | 3,117,695 |
| 2,316,284 |
| Stockholders' equity: |
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| Preferred stock, $0.01 par value: 2,000 shares authorized; none outstanding | - |
| - |
| Common stock, $0.01 par value: 400,000 shares authorized; 152,618 and |
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| 150,331 shares outstanding, respectively | 1,528 |
| 1,503 |
| Capital in excess of par value | 1,653,166 |
| 1,635,455 |
| Retained earnings | 3,795,397 |
| 3,164,144 |
| Treasury stock, at cost: 4,643 and 6,930 shares, respectively | (488,613) |
| (625,642) |
| Accumulated other comprehensive income (loss) | (54,074) |
| (92,447) |
| Total Synopsys stockholders' equity | 4,907,404 |
| 4,083,013 |
| Non-controlling interest | 4,963 |
| 5,863 |
| Total stockholders' equity | 4,912,367 |
| 4,088,876 |
| Total liabilities and stockholders' equity | $ 8,030,062 |
| $ 6,405,160 |
