SYNOPSYS, INC.

Unaudited Condensed Consolidated Balance Sheets ⁽¹⁾

(in thousands, except par value amounts)

January 31, 2023

October 31, 2022

ASSETS:

Current assets:

  Cash and cash equivalents

$                  1,154,873

$                  1,417,608

  Short-term investments

147,050

147,913

          Total cash, cash equivalents & short-term investments

$                  1,301,923

$                  1,565,521

  Accounts receivable, net

1,035,323

796,091

  Inventories

220,881

211,927

  Prepaid and other current assets

470,272

439,130

          Total current assets

3,028,399

3,012,669

Property and equipment, net

516,925

483,300

Operating lease right-of-use assets, net

586,892

559,090

Goodwill

3,864,833

3,842,234

Intangible assets, net

361,154

386,446

Deferred income taxes

719,082

670,653

Other long-term assets

488,339

463,695

           Total assets

$                  9,565,624

$                  9,418,087

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

Current liabilities:

  Accounts payable and accrued liabilities

$                     663,594

$                     809,403

  Operating lease liabilities

66,326

54,274

  Deferred revenue

1,995,077

1,910,822

           Total current liabilities

2,724,997

2,774,499

Long-term operating lease liabilities

603,538

581,273

Long-term deferred revenue

172,794

154,472

Long-term debt

20,569

20,824

Other long-term liabilities

364,975

327,829

           Total liabilities

3,886,873

3,858,897

Redeemable non-controlling interest

36,049

38,664

Stockholders' equity:

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

—

—

  Common stock, $0.01 par value: 400,000 shares authorized; 152,380 and

 152,375 shares outstanding, respectively

1,524

1,524

  Capital in excess of par value

1,292,900

1,487,126

  Retained earnings

5,805,843

5,534,307

  Treasury stock, at cost: 4,881 and 4,886 shares, respectively

(1,321,180)

(1,272,955)

  Accumulated other comprehensive income (loss)

(142,333)

(234,277)

           Total Synopsys stockholders' equity

5,636,754

5,515,725

  Non-controlling interest

5,948

4,801

           Total stockholders' equity

5,642,702

5,520,526

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

$                  9,565,624

$                  9,418,087

(1) Synopsys' first quarter of fiscal year 2023 ended January 28, 2023 and its fiscal year 2022 ended on October 29, 2022, respectively. For
presentation purposes, we refer to the closest calendar month end.