GAAP to Non-GAAP Reconciliation of Second Quarter Fiscal Year 2015 Targets

(in thousands, except per share amounts)

 Range for Three Months 

Ending April 30, 2015 (1)

Low

High

Target GAAP expenses

$   470,000

$   489,000

Adjustments:

      Estimated impact of amortization of intangible assets

(32,000)

(36,000)

      Estimated impact of stock compensation

(20,000)

(25,000)

Target non-GAAP expenses

$   418,000

$   428,000

Range for Three Months

Ending April 30, 2015 (1)

Low

High

Target GAAP earnings per share

$         0.26

$         0.33

Adjustments:

Estimated impact of amortization of intangible assets

0.23

0.20

Estimated impact of stock compensation

0.16

0.13

Estimated impact of tax adjustments

(0.03)

(0.02)

Target non-GAAP earnings per share

$         0.62

$         0.64

Shares used in non-GAAP calculation (midpoint of target range)

157,000

157,000

GAAP to Non-GAAP Reconciliation of Full Fiscal Year 2015 Targets

Range for Fiscal Year

Ending October 31, 2015 (1)

Low

High

Target GAAP earnings per share

$         1.41

$         1.50

Adjustments:

Estimated impact of amortization of intangible assets

0.85

0.80

Estimated impact of stock compensation

0.60

0.55

Acquisition-related costs

0.00

0.00

Restructuring charges

0.10

0.10

Legal and tax matters

(0.01)

(0.01)

Net non-GAAP tax adjustments

(0.20)

(0.14)

Target non-GAAP earnings per share

$         2.75

$         2.80

Shares used in non-GAAP calculation (midpoint of target range)

157,000

157,000

(1) Synopsys' second quarter and fiscal year end on May 2, 2015 and October 31, 2015, respectively.