Synopsys Posts Financial Results for Third Quarter Fiscal Year 2023

 

Total Adjusted Segment Operating Income Reconciliation (1)(2)(3)

(in millions)







Three Months Ended
July 31, 2023

Three Months Ended
July 31, 2022

Nine Months Ended
July 31, 2023

Nine Months Ended
July 31, 2022


GAAP total operating income – as reported

$                           295.5

$                           233.9

$                       838.7

$                       944.7

Other expenses managed at consolidated level





-Amortization of intangible assets (4)

25.1

26.5

74.9

70.2

-Stock compensation (4)

144.5

127.6

421.9

333.4

-Non-qualified deferred compensation plan

21.8

(1.1)

44.8

(50.0)

-Acquisition-related items

4.5

5.2

9.8

11.3

-Restructuring charges

33.4

78.4

12.1

Total adjusted segment operating income

$                           524.8

$                           392.1

$                     1,468.6

$                     1,321.7






(1) Synopsys manages the business on a long-term, annual basis, and considers quarterly fluctuations of revenue and profitability as normal elements of our
business. Amounts may not foot due to rounding.

(2) Synopsys' third quarter of fiscal year 2023 and 2022 ended on July 29, 2023 and July 30, 2022, respectively. For presentation purposes, we refer to the
closest calendar month end.

(3) These segments results are consistent with the information required by ASC 280, Segment Reporting. Synopsys' chief operating decision maker (CODM) is
our Chief Executive Officer. The CODM does not allocate certain operating expenses managed at a consolidated level to our reportable segments and, as a
result, the reported operating income and operating margin do not include these unallocated expenses as shown in the table above.

(4) The adjustment includes non-GAAP expenses attributable to non-controlling interest and redeemable non-controlling interest.

INVESTOR CONTACT:
Trey Campbell
Synopsys, Inc.
650-584-4289
Email Contact 

EDITORIAL CONTACT:
Cara Walker
Synopsys, Inc.
650-584-5000
Email Contact 

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/synopsys-posts-financial-results-for-third-quarter-fiscal-year-2023-301902862.html

SOURCE Synopsys, Inc.

Contact:
Company Name: Synopsys, Inc.
Financial data for Synopsys, Inc.



« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8             
Featured Video
Jobs
Senior Principal Software Engineer for Autodesk at San Francisco, California
Equipment Engineer, Raxium for Google at Fremont, California
Manufacturing Test Engineer for Google at Prague, Czechia, Czech Republic
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Machine Learning Engineer 3D Geometry/ Multi-Modal for Autodesk at San Francisco, California
Mechanical Manufacturing Engineering Manager for Google at Sunnyvale, California
Upcoming Events
Intergeo 2024 at Messe Stuttgart Messepiazza 1 Stuttgart Germany - Sep 24 - 26, 2024
GIS-Pro 2024 at Portland ME - Oct 7 - 10, 2024
Geo Sessions 2024 at United States - Oct 22 - 24, 2024



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise