SYNOPSYS, INC. (SNPS) FY2024 YTD Q3 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2023-11-01 to 2024-07-31

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SYNOPSYS, INC. cash flow reconciliation, Nov 1, 2023 through Jul 31, 2024One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $844,211,000.00Net income → Operating adjustments reconciliation: $295,979,000.00Stock-based compensation → Operating adjustments reconciliation: $540,026,000.00Amortization and depreciation → Operating adjustments reconciliation: $180,149,000.00Reduction of operating lease right-of-use assets → Operating adjustments reconciliation: $72,196,000.00Accounts receivable → Operating adjustments reconciliation: $59,159,000.00Amortization of capitalized costs to obtain revenue contracts → Operating adjustments reconciliation: $57,071,000.00Amortization of bridge financing costs → Operating adjustments reconciliation: $18,435,000.00Accounts payable and accrued liabilities → Operating adjustments reconciliation: $17,532,000.00Allowance for credit losses → Operating adjustments reconciliation: $14,696,000.00Operating adjustments reconciliation → Prepaid and other current assets: $350,652,000.00Operating adjustments reconciliation → Deferred income taxes: $276,840,000.00Operating adjustments reconciliation → Income taxes: $241,952,000.00Operating adjustments reconciliation → Other long-term assets: $137,159,000.00Operating adjustments reconciliation → Operating lease liabilities: $72,254,000.00Operating adjustments reconciliation → Inventories: $71,303,000.00Operating adjustments reconciliation → Gain on sale of strategic investments: $55,077,000.00Operating adjustments reconciliation → Deferred revenue: $46,276,000.00Operating adjustments reconciliation → Other non-cash: $3,730,000.00Proceeds from maturities and sales of short-term investments → investing reconciliation: $98,465,000.00Proceeds from sales of strategic investments → investing reconciliation: $55,696,000.00investing reconciliation → Acquisitions, net of cash acquired: $156,947,000.00investing reconciliation → Purchases of property and equipment: $118,772,000.00investing reconciliation → Purchases of short-term investments: $97,181,000.00investing reconciliation → Purchases of strategic investments: $1,240,000.00Net cash used in financing activities → financing reconciliation: $211,391,000.00Issuances of common stock → financing reconciliation: $143,148,000.00financing reconciliation → Payments for taxes related to net share settlement of equity awards: $278,571,000.00financing reconciliation → Payment of bridge financing and term loan costs: $72,265,000.00financing reconciliation → Repayment of debt: $2,607,000.00financing reconciliation → Other: $1,096,000.00Net cash used in investing activities → investing reconciliation: $219,979,000.00Exchange-rate effect → Cash sources and uses: $5,458,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations → Cash sources and uses: $1,441,187,000.00Net cash from operating activities → Cash sources and uses: $844,211,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $1,859,486,000.00Cash sources and uses → Net cash used in investing activities: $219,979,000.00Cash sources and uses → Net cash used in financing activities: $211,391,000.00Net income: $1,140,190,000.00Net income+$1.14 BAmortization and depreciation: $180,149,000.00Depreciation & amortization+$180.15 MStock-based compensation: $540,026,000.00Stock-based compensation+$540.03 MAllowance for credit losses: $14,696,000.00Credit loss provision+$14.70 MAmortization of bridge financing costs: $18,435,000.00Debt issuance cost amortization+$18.44 MDeferred income taxes: -$276,840,000.00Deferred taxes & credits−$276.84 MAccounts receivable: $59,159,000.00Accounts receivable+$59.16 MInventories: -$71,303,000.00Inventories−$71.30 MPrepaid and other current assets: -$350,652,000.00Prepaid & other assets−$350.65 MOther long-term assets: -$137,159,000.00Other noncurrent assets−$137.16 MAccounts payable and accrued liabilities: $17,532,000.00Payables & accrued liabilities+$17.53 MDeferred revenue: -$46,276,000.00Deferred revenue−$46.28 MIncome taxes: -$241,952,000.00Income tax balances−$241.95 MAmortization of capitalized costs to obtain revenue contracts: $57,071,000.00Amortization of capitalized costs to obtain revenuecontracts+$57.07 MOperating lease liabilities: -$72,254,000.00Operating lease liabilities−$72.25 MReduction of operating lease right-of-use assets: $72,196,000.00Operating lease right-of-use+$72.20 MOther non-cash: -$3,730,000.00Other non-cash items−$3.73 MGain on sale of strategic investments: -$55,077,000.00Investment sale gain & loss−$55.08 MNet cash from operating activities: $844,211,000.00Operating cash+$844.21 MOperating adjustments reconciliation: $1,255,243,000.00Issuances of common stock: $143,148,000.00Treasury stock sold+$143.15 MPayments for taxes related to net share settlement of equity awards: -$278,571,000.00Stock-award tax withholding−$278.57 MRepayment of debt: -$2,607,000.00Debt repaid−$2.61 MPurchases of treasury stock: $0.00Purchase of equity forward contract: $0.00Payment of bridge financing and term loan costs: -$72,265,000.00Financing costs paid−$72.27 MOther: -$1,096,000.00Other financing, net−$1.10 MNet cash used in financing activities: -$211,391,000.00. Cash required to fund net payments.Financing cash−$211.39 Mfinancing reconciliation: $354,539,000.00Purchases of short-term investments: -$97,181,000.00Short-term investment purchases−$97.18 MPurchases of property and equipment: -$118,772,000.00PP&E purchases−$118.77 MProceeds from sales of strategic investments: $55,696,000.00Other investment proceeds+$55.70 MCapitalization of software development costs: $0.00Purchases of strategic investments: -$1,240,000.00Other investment purchases−$1.24 MProceeds from maturities and sales of short-term investments: $98,465,000.00Marketable securities proceeds+$98.47 MAcquisitions, net of cash acquired: -$156,947,000.00Intangible asset purchases−$156.95 MNet cash used in investing activities: -$219,979,000.00. Cash required to fund net payments.Investing cash−$219.98 Minvesting reconciliation: $374,140,000.00Cash sources and uses: $2,290,856,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $1,441,187,000.00Beginning cash$1.44 BEnding cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $1,859,486,000.00Ending cash$1.86 BExchange-rate effect: $5,458,000.00FX effect+$5.46 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$725.44 MOperating cash − cash spent on PP&ECash flow / Net income0.74×Operating cash flow ÷ net incomeNet cash change+$418.30 MEnding cash − beginning cash
Chart details

SYNOPSYS, INC. cash flow reconciliation, Nov 1, 2023 through Jul 31, 2024

Cash flows for Nov 1, 2023 through Jul 31, 2024. Cash basis: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Beginning cash: Oct 31, 2023. Ending cash: Jul 31, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Oct 31, 2023
1,441,187,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Operating activities
844,211,000 US dollars. Net cash provided.
Net income
1,140,190,000 US dollars
Amortization and depreciation
180,149,000 US dollars
Stock-based compensation
540,026,000 US dollars
Allowance for credit losses
14,696,000 US dollars
Amortization of bridge financing costs
18,435,000 US dollars
Deferred income taxes
negative 276,840,000 US dollars
Accounts receivable
59,159,000 US dollars
Inventories
negative 71,303,000 US dollars
Prepaid and other current assets
negative 350,652,000 US dollars
Other long-term assets
negative 137,159,000 US dollars
Accounts payable and accrued liabilities
17,532,000 US dollars
Deferred revenue
negative 46,276,000 US dollars
Income taxes
negative 241,952,000 US dollars
Amortization of capitalized costs to obtain revenue contracts
57,071,000 US dollars
Operating lease liabilities
negative 72,254,000 US dollars
Reduction of operating lease right-of-use assets
72,196,000 US dollars
Other non-cash
negative 3,730,000 US dollars
Gain on sale of strategic investments
negative 55,077,000 US dollars
Investing activities
negative 219,979,000 US dollars. Net cash used.
Purchases of short-term investments
negative 97,181,000 US dollars
Purchases of property and equipment
negative 118,772,000 US dollars
Proceeds from sales of strategic investments
55,696,000 US dollars
Capitalization of software development costs
0 US dollars
Purchases of strategic investments
negative 1,240,000 US dollars
Proceeds from maturities and sales of short-term investments
98,465,000 US dollars
Acquisitions, net of cash acquired
negative 156,947,000 US dollars
Financing activities
negative 211,391,000 US dollars. Net cash used.
Issuances of common stock
143,148,000 US dollars
Payments for taxes related to net share settlement of equity awards
negative 278,571,000 US dollars
Repayment of debt
negative 2,607,000 US dollars
Purchases of treasury stock
0 US dollars
Purchase of equity forward contract
0 US dollars
Payment of bridge financing and term loan costs
negative 72,265,000 US dollars
Other
negative 1,096,000 US dollars
Operating adjustment reconciliation
1,255,243,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
354,539,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
374,140,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
5,458,000 US dollars
Ending cash on Jul 31, 2024
1,859,486,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Cash sources and uses
2,290,856,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
418,299,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
0.74×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
844,211,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
118,772,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
725,439,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income exceeds operating cash. The diagram allocates $844.21M of net income directly to operating cash and $295.98M to the adjustment junction, where it combines with other additions to reconcile deductions. This is an accounting presentation, not a tracing of cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 844,211,000 US dollars minus 118,772,000 US dollars equals 725,439,000 US dollars.
SYNOPSYS, INC. (SNPS) FY2024 YTD Q3 Statement of Cash Flows Sankey chart
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