SYNOPSYS, INC.

Unaudited Consolidated Balance Sheets ⁽¹⁾

(in thousands, except par value amounts)

April 30, 2021

October 31, 2020

ASSETS:

Current assets:

  Cash and cash equivalents

$                    1,457,918

$                    1,235,653

  Accounts receivable, net

612,285

780,709

  Inventories, net

230,068

192,333

  Income taxes receivable and prepaid taxes

32,657

32,355

  Prepaid and other current assets

356,872

308,167

          Total current assets

2,689,800

2,549,217

Property and equipment, net

478,975

483,818

Operating lease right-of-use assets, net

505,225

465,818

Goodwill

3,432,577

3,365,114

Intangible assets, net

233,809

254,322

Long-term prepaid taxes

10,416

8,276

Deferred income taxes

514,064

497,546

Other long-term assets

474,699

405,951

           Total assets

$                    8,339,565

$                    8,030,062

LIABILITIES AND STOCKHOLDERS' EQUITY:

Current liabilities:

  Accounts payable and accrued liabilities

$                       480,831

$                       623,664

  Operating lease liabilities, current

77,610

73,173

  Accrued income taxes

25,473

27,738

  Deferred revenue

1,581,841

1,388,263

  Short-term debt

89,945

27,084

           Total current liabilities

2,255,700

2,139,922

Operating lease liabilities, non-current

498,953

462,411

Long-term accrued income taxes

24,658

25,178

Long-term deferred revenue

98,470

104,850

Long-term debt

25,620

100,823

Other long-term liabilities

343,659

284,511

           Total liabilities

3,247,060

3,117,695

Stockholders' equity:

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

-

-

  Common stock, $0.01 par value: 400,000 shares authorized; 152,554 and

      152,618 shares outstanding, respectively

1,526

1,528

  Capital in excess of par value

1,679,801

1,653,166

  Retained earnings

4,149,620

3,795,397

  Treasury stock, at cost: 4,706 and 4,643 shares, respectively

(701,457)

(488,613)

  Accumulated other comprehensive income (loss) 

(41,355)

(54,074)

           Total Synopsys stockholders' equity

5,088,135

4,907,404

Non-controlling interest

4,370

4,963

           Total stockholders' equity

5,092,505

4,912,367

           Total liabilities and stockholders' equity

$                    8,339,565

$                    8,030,062

(1) Synopsys' second quarter of fiscal year 2021 ended on May 1, 2021, and its fiscal year 2020 ended on October 31, 2020. For presentation purposes, we refer to the closest calendar month end.