2014 Q4 Form 10-K Financial Statement

#000088324114000008 Filed on December 15, 2014

View on sec.gov

Income Statement

Concept 2014 Q4 2014 2013 Q4
Revenue $539.0M $2.057B $504.9M
YoY Change 6.76% 4.85% 11.16%
Cost Of Revenue $121.4M $456.9M $119.1M
YoY Change 1.93% 0.73% 16.2%
Gross Profit $417.6M $1.601B $385.8M
YoY Change 8.25% 6.09% 9.69%
Gross Profit Margin 77.47% 77.79% 76.41%
Selling, General & Admin $163.2M $608.3M $154.0M
YoY Change 5.97% 6.76% 0.46%
% of Gross Profit 39.08% 38.0% 39.92%
Research & Development $190.4M $718.8M $175.1M
YoY Change 8.74% 7.41% 14.0%
% of Gross Profit 45.59% 44.91% 45.39%
Depreciation & Amortization $52.00M $192.8M $45.60M
YoY Change 14.04% 2.89% 9.35%
% of Gross Profit 12.45% 12.05% 11.82%
Operating Expenses $360.1M $1.352B $334.8M
YoY Change 7.56% 7.11% 7.24%
Operating Profit $57.49M $248.7M $50.97M
YoY Change 12.8% 0.9% 29.03%
Interest Expense $400.0K $1.895M -$100.0K
YoY Change -500.0% 11.73% -50.0%
% of Operating Profit 0.7% 0.76% -0.2%
Other Income/Expense, Net $900.0K $23.43M $2.200M
YoY Change -59.09% -19.7% 144.44%
Pretax Income $62.13M -$7.638M $59.06M
YoY Change 5.2% -112.36% 38.31%
Income Tax -$300.0K $13.02M $2.200M
% Of Pretax Income -0.48% 3.73%
Net Earnings $62.46M $259.1M $56.89M
YoY Change 9.78% 4.57% 95.5%
Net Earnings / Revenue 11.59% 12.59% 11.27%
Basic Earnings Per Share $0.40 $1.67 $0.37
Diluted Earnings Per Share $0.39 $1.64 $0.36
COMMON SHARES
Basic Shares Outstanding 153.1M shares 155.1M shares 154.3M shares
Diluted Shares Outstanding 157.7M shares

Balance Sheet

Concept 2014 Q4 2014 2013 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $985.8M $985.8M $1.022B
YoY Change -3.58% -3.58% 45.97%
Cash & Equivalents $985.8M $985.8M $1.022B
Short-Term Investments
Other Short-Term Assets $165.7M $165.7M $151.2M
YoY Change 9.59% 9.59% 16.04%
Inventory
Prepaid Expenses
Receivables $326.7M $326.7M $256.0M
Other Receivables $26.50M $26.50M $18.30M
Total Short-Term Assets $1.505B $1.505B $1.448B
YoY Change 3.92% 3.92% 26.94%
LONG-TERM ASSETS
Property, Plant & Equipment $249.1M $249.1M $197.6M
YoY Change 26.06% 26.06% 3.32%
Goodwill $2.256B $1.976B
YoY Change 14.16% -0.05%
Intangibles $365.0M $335.4M
YoY Change 8.83% -28.07%
Long-Term Investments
YoY Change
Other Assets $175.1M $400.9M $151.0M
YoY Change 16.01% -0.27% 22.13%
Total Long-Term Assets $3.271B $3.271B $2.911B
YoY Change 12.36% 12.36% -3.19%
TOTAL ASSETS
Total Short-Term Assets $1.505B $1.505B $1.448B
Total Long-Term Assets $3.271B $3.271B $2.911B
Total Assets $4.775B $4.776B $4.359B
YoY Change 9.56% 9.56% 5.09%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $28.15M $28.20M $8.575M
YoY Change 228.3% 227.91% -71.28%
Accrued Expenses $357.2M $357.2M $344.4M
YoY Change 3.72% 3.72% -2.49%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $30.00M $30.00M $30.00M
YoY Change 0.0% 0.0% 0.0%
Total Short-Term Liabilities $1.387B $1.387B $1.223B
YoY Change 13.4% 13.4% -2.37%
LONG-TERM LIABILITIES
Long-Term Debt $45.00M $45.00M $75.00M
YoY Change -40.0% -40.0% -28.57%
Other Long-Term Liabilities $159.0M $287.6M $164.9M
YoY Change -3.62% 5.46% 30.68%
Total Long-Term Liabilities $204.0M $332.6M $239.9M
YoY Change -14.99% -4.34% 3.77%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.387B $1.387B $1.223B
Total Long-Term Liabilities $204.0M $332.6M $239.9M
Total Liabilities $1.719B $1.719B $1.571B
YoY Change 9.47% 9.46% -2.06%
SHAREHOLDERS EQUITY
Retained Earnings $1.552B $1.325B
YoY Change 17.11% 20.58%
Common Stock $1.560M $1.542M
YoY Change 1.17% 2.19%
Preferred Stock
YoY Change
Treasury Stock (at cost) $49.50M $106.7M
YoY Change -53.6% -36.54%
Treasury Stock Shares 1.299M shares 3.095M shares
Shareholders Equity $3.056B $3.056B $2.788B
YoY Change
Total Liabilities & Shareholders Equity $4.775B $4.776B $4.359B
YoY Change 9.56% 9.56% 5.09%

Cashflow Statement

Concept 2014 Q4 2014 2013 Q4
OPERATING ACTIVITIES
Net Income $62.46M $259.1M $56.89M
YoY Change 9.78% 4.57% 95.5%
Depreciation, Depletion And Amortization $52.00M $192.8M $45.60M
YoY Change 14.04% 2.89% 9.35%
Cash From Operating Activities $173.0M $551.0M $191.3M
YoY Change -9.57% 10.92% 85.73%
INVESTING ACTIVITIES
Capital Expenditures -$67.10M $103.3M -$18.80M
YoY Change 256.91% 57.77% -95.39%
Acquisitions $394.6M
YoY Change
Other Investing Activities $0.00 $3.488M $800.0K
YoY Change -100.0%
Cash From Investing Activities -$67.20M -$497.3M -$18.00M
YoY Change 273.33% 652.51% -95.59%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $119.7M
YoY Change -17.42%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -11.00M -$73.69M -45.80M
YoY Change -75.98% -24.8% -218.04%
NET CHANGE
Cash From Operating Activities 173.0M $551.0M 191.3M
Cash From Investing Activities -67.20M -$497.3M -18.00M
Cash From Financing Activities -11.00M -$73.69M -45.80M
Net Change In Cash 94.80M -$19.99M 127.5M
YoY Change -25.65% -106.01% -147.88%
FREE CASH FLOW
Cash From Operating Activities $173.0M $551.0M $191.3M
Capital Expenditures -$67.10M $103.3M -$18.80M
Free Cash Flow $240.1M $447.7M $210.1M
YoY Change 14.28% 3.81% -58.9%

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CY2013Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
63869000 USD
CY2014Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
4689000 USD
CY2013Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
3736000 USD
CY2013 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
187404000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
18846000 USD
CY2013Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
13961000 USD
CY2013Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
108044000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
110247000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
56920000 USD
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
45662000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
18508000 USD
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
16790000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
28608000 USD
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
35548000 USD
CY2014Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
45996000 USD
CY2013Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
43374000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
94644000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
81944000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
82662000 USD
CY2012 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
156840000 USD
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
-7199000 USD
CY2014Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
2455000 USD
CY2014 us-gaap Derivative Instruments Gain Loss Reclassification From Accumulated Oci To Income Estimate Of Time To Transfer1
DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimateOfTimeToTransfer1
P12M
CY2014 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
3882000 USD
CY2013 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
6565000 USD
CY2012 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-14235000 USD
CY2012 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-2428000 USD
CY2014 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-5501000 USD
CY2013 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
6107000 USD
CY2014Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
139400000 USD
CY2014 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y6M
CY2012 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
15989000 USD
CY2013 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
16446000 USD
CY2014 us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">Effect of New Accounting Pronouncements</font></div><div style="line-height:120%;padding-top:12px;text-indent:30px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-09, "Revenue from Contracts with Customers (Topic 606)," which supersedes the revenue recognition requirements in &#8220;Revenue Recognition (Topic 605).&#8221; This ASU requires an entity to recognize revenue when goods are transferred or services are provided to customers in an amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods or services. This ASU also requires disclosures enabling users of financial statements to understand the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The new guidance will be effective for fiscal 2018, including interim periods within that reporting period, using one of two prescribed retrospective methods, and no early adoption is permitted. The Company is currently in the process of evaluating the impact of the adoption of ASU 2014-09 on its consolidated financial statements and related disclosures. The Company has not yet selected a transition method, nor has it determined the effect of the standard on its ongoing financial reporting.</font></div></div>
CY2014 us-gaap Discussion Of Objectives For Using Foreign Currency Derivative Instruments
DiscussionOfObjectivesForUsingForeignCurrencyDerivativeInstruments
one
CY2013 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.62
CY2012 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.24
CY2014 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.67
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.44
CY2013Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.37
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.45
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.41
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.42
CY2013Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.46
CY2014Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.40
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.34
CY2012 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.21
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.58
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.64
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.42
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.33
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.43
CY2014Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.44
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.40
CY2013Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.36
CY2013Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.45
CY2013 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-10582000 USD
CY2012 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-5128000 USD
CY2014 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-16693000 USD
CY2014Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
302295000 USD
CY2013Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
302374000 USD
CY2014 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
18224000 USD
CY2013 us-gaap Employee Stock Ownership Plan Esop Weighted Average Purchase Price Of Shares Purchased
EmployeeStockOwnershipPlanESOPWeightedAveragePurchasePriceOfSharesPurchased
22.75
CY2014 us-gaap Employee Stock Ownership Plan Esop Weighted Average Purchase Price Of Shares Purchased
EmployeeStockOwnershipPlanESOPWeightedAveragePurchasePriceOfSharesPurchased
30.00
CY2012 us-gaap Employee Stock Ownership Plan Esop Weighted Average Purchase Price Of Shares Purchased
EmployeeStockOwnershipPlanESOPWeightedAveragePurchasePriceOfSharesPurchased
21.65
CY2013Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
398876000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
527972000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
25677000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
128611000 USD
CY2013 us-gaap Gain Loss On Investments
GainLossOnInvestments
868000 USD
CY2012 us-gaap Gain Loss On Investments
GainLossOnInvestments
650000 USD
CY2014 us-gaap Gain Loss On Investments
GainLossOnInvestments
6999000 USD
CY2013 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
143791000 USD
CY2012 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
157459000 USD
CY2014 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
155215000 USD
CY2014Q4 us-gaap Goodwill
Goodwill
2255708000 USD
CY2013Q4 us-gaap Goodwill
Goodwill
1975971000 USD
CY2012Q4 us-gaap Goodwill
Goodwill
1976987000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
20640000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
40150000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
55366000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
91500000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
734301000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
893002000 USD
CY2014 us-gaap Fiscal Period
FiscalPeriod
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:4px;text-indent:32px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;">Fiscal Year End.</font><font style="font-family:Arial;font-size:10pt;"> The Company&#8217;s fiscal year generally ends on the Saturday nearest to October&#160;31 and consists of 52 weeks, with the exception that approximately every five years, the Company has a 53-week year. Fiscal </font><font style="font-family:Arial;font-size:10pt;">2014</font><font style="font-family:Arial;font-size:10pt;"> and </font><font style="font-family:Arial;font-size:10pt;">2013</font><font style="font-family:Arial;font-size:10pt;"> were 52-week years ending on November 1, 2014 and November&#160;2, 2013, respectively. Fiscal </font><font style="font-family:Arial;font-size:10pt;">2012</font><font style="font-family:Arial;font-size:10pt;"> was a 53-week year ending on November 3, 2012. For presentation purposes, the consolidated financial statements and accompanying notes refer to the closest calendar month end.</font></div></div>
CY2014 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1195000 USD
CY2012 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1676000 USD
CY2013 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
6026000 USD
CY2013 us-gaap Gross Profit
GrossProfit
1508662000 USD
CY2012 us-gaap Gross Profit
GrossProfit
1363344000 USD
CY2013 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0 USD
CY2014 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
290379000 USD
CY2013Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
31317000 USD
CY2014Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
41089000 USD
CY2012 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
1033000 USD
CY2014 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
-3301000 USD
CY2013 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
3009000 USD
CY2014 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2013 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2012 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2013 us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
-1016000 USD
CY2014 us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
-10642000 USD
CY2014 us-gaap Gross Profit
GrossProfit
1600587000 USD
CY2014Q1 us-gaap Gross Profit
GrossProfit
373102000 USD
CY2014Q3 us-gaap Gross Profit
GrossProfit
406282000 USD
CY2013Q1 us-gaap Gross Profit
GrossProfit
364074000 USD
CY2013Q4 us-gaap Gross Profit
GrossProfit
385766000 USD
CY2014Q4 us-gaap Gross Profit
GrossProfit
417591000 USD
CY2013Q3 us-gaap Gross Profit
GrossProfit
367298000 USD
CY2013Q2 us-gaap Gross Profit
GrossProfit
391524000 USD
CY2014Q2 us-gaap Gross Profit
GrossProfit
403612000 USD
CY2014 us-gaap Guarantees Indemnifications And Warranties Policies
GuaranteesIndemnificationsAndWarrantiesPolicies
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:9px;text-indent:32px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;">Warranties and Indemnities.</font><font style="font-family:Arial;font-size:10pt;"> The Company generally warrants its products to be free from defects in media and to substantially conform to material specifications for a period of </font><font style="font-family:Arial;font-size:10pt;">90</font><font style="font-family:Arial;font-size:10pt;">&#160;days for software products and for up to </font><font style="font-family:Arial;font-size:10pt;">six</font><font style="font-family:Arial;font-size:10pt;"> months for HAPS FPGA-based prototyping systems. In certain cases, the Company also provides its customers with limited indemnification with respect to claims that their use of the Company&#8217;s software products infringe on United States patents, copyrights, trademarks or trade secrets. The Company is unable to estimate the potential impact of these commitments on the future results of operations. To date, the Company has not been required to pay any material warranty claims.</font></div></div>
CY2014 us-gaap Impairment Of Investments
ImpairmentOfInvestments
0 USD
CY2013 us-gaap Impairment Of Investments
ImpairmentOfInvestments
0 USD
CY2012 us-gaap Impairment Of Investments
ImpairmentOfInvestments
452000 USD
CY2014 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2012 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2013 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
39855000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
61818000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-7638000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
161280000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
213848000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
279780000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
272142000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
275666000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
201135000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
71184000 USD
CY2014Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
68059000 USD
CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
58172000 USD
CY2013Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
59057000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
70771000 USD
CY2013Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
71730000 USD
CY2013Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
86707000 USD
CY2014Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
62128000 USD
CY2013Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
800000 USD
CY2014Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
1300000 USD
CY2012 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
-5800000 USD
CY2013 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
200000 USD
CY2014 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
500000 USD
CY2012 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
18733000 USD
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
27866000 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13018000 USD
CY2014 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-235000 USD
CY2013 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-776000 USD
CY2012 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
10000 USD
CY2014 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-56661000 USD
CY2013 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-36670000 USD
CY2012 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-21288000 USD
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
96483000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
95251000 USD
CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
70397000 USD
CY2012 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
9016000 USD
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
4671000 USD
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
5675000 USD
CY2012 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
691000 USD
CY2014 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
4838000 USD
CY2013 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-235000 USD
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-2697000 USD
CY2012 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1078000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-4306000 USD
CY2014 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
5153000 USD
CY2012 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
4289000 USD
CY2013 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
24972000 USD
CY2013 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
19000000 USD
CY2014 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
-19645000 USD
CY2013 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
-1130000 USD
CY2012 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
-36882000 USD
CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
40741000 USD
CY2013 us-gaap Income Taxes Paid
IncomeTaxesPaid
31326000 USD
CY2012 us-gaap Income Taxes Paid
IncomeTaxesPaid
49208000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1135000 USD
CY2012 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
42960000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
40645000 USD
CY2013 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-37590000 USD
CY2014 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
65018000 USD
CY2012 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
53395000 USD
CY2014 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
99814000 USD
CY2013 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
814000 USD
CY2012 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
107586000 USD
CY2014 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
-9095000 USD
CY2012 us-gaap Increase Decrease In Income Taxes
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:9px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">Description of Business</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:4px;text-indent:32px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Synopsys, Inc. (Synopsys or the Company) is a global leader in providing software, intellectual property and services used to design integrated circuits and electronic systems. The Company supplies the electronic design automation (EDA) software that engineers use to design, create prototypes for and test integrated circuits, also known as chips. The Company also offers intellectual property (IP) products, which are pre-designed circuits that engineers use as components of larger chip designs rather than designing those circuits themselves. The Company provides software and hardware used to develop the electronic systems that incorporate chips and the software that runs on them. To complement these product offerings, the Company provides technical services to support these solutions and help its customers develop chips and electronic systems. The Company is also a leading provider of software tools that developers use to improve the quality, security, and time-to-market of software code in a wide variety of industries, including electronics, financial services, energy, and industrials.</font></div></div>
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CY2012 us-gaap Share Based Compensation
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71414000 USD
CY2012 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
181163000 USD
CY2014 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
82470000 USD
CY2013 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
129559000 USD
CY2014 us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
500000000 USD
CY2013Q4 us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
500000000 USD
CY2014 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount
380300000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
2788277000 USD
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
46592000 USD
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
32094000 USD
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
63048000 USD
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
24.47
CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
21.09
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
24.34
CY2014Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Of Change Lower Bound
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleEstimatedRangeOfChangeLowerBound
0 USD
CY2014Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Of Change Upper Bound
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleEstimatedRangeOfChangeUpperBound
25000000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2543971000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2788277000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3056170000 USD
CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2101300000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
117800000 USD
CY2013 us-gaap Tax Credit Carryforward Expiration Date
TaxCreditCarryforwardExpirationDate
2013-12-31
CY2014 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
38.72
CY2012 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
29.64
CY2013 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
36.29
CY2013Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
3095000 shares
CY2014Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
1299000 shares
CY2013 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
3996000 shares
CY2014 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
3092000 shares
CY2012 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
2474000 shares
CY2014Q4 us-gaap Treasury Stock Value
TreasuryStockValue
49496000 USD
CY2013Q4 us-gaap Treasury Stock Value
TreasuryStockValue
106668000 USD
CY2014 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
119747000 USD
CY2013 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
145016000 USD
CY2012 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
40000000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
124102000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
117760000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
109680000 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
3328000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
23271000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
1858000 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
4967000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
14128000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
35277000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
2037000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
4189000 USD
CY2014 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
6300000 USD
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
8816000 USD
CY2013 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
7728000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
120500000 USD
CY2014 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:9px;text-indent:32px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;">Use of Estimates.</font><font style="font-family:Arial;font-size:10pt;"> To prepare financial statements in conformity with U.S. generally accepted accounting principles (U.S. GAAP), management must make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from these estimates and may result in material effects on the Company&#8217;s operating results and financial position.</font></div></div>
CY2014 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
2600000 USD
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
157710000 shares
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
156601000 shares
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
150280000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
155054000 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
153319000 shares
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
146887000 shares
CY2012Q1 snps Accelerated Share Repurchases Settlement Of Equity Forward
AcceleratedShareRepurchasesSettlementOfEquityForward
1105457 shares
CY2014 snps Additional Amount Credit Agreement That Can Be Increased
AdditionalAmountCreditAgreementThatCanBeIncreased
150000000.0 USD
CY2012 snps Aggregate Purchase Price Of Common Stock Received
AggregatePurchasePriceOfCommonStockReceived
73335000 USD
CY2013 snps Aggregate Purchase Price Of Common Stock Received
AggregatePurchasePriceOfCommonStockReceived
145016000 USD
CY2014 snps Aggregate Purchase Price Of Common Stock Received
AggregatePurchasePriceOfCommonStockReceived
119747000 USD
CY2014Q2 snps Annual Increase In Shares Under Espp
AnnualIncreaseInSharesUnderEspp
5000000 shares
CY2014 snps Cash And Cash Equivalents Maximum Maturity Period
CashAndCashEquivalentsMaximumMaturityPeriod
P3M
CY2014Q4 snps Cash Cash Equivalents And Investments Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
CashCashEquivalentsAndInvestmentsContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
0 USD
CY2013Q4 snps Cash Cash Equivalents And Investments Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
CashCashEquivalentsAndInvestmentsContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
0 USD
CY2014Q4 snps Cash Cash Equivalents And Investments Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
CashCashEquivalentsAndInvestmentsContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
0 USD
CY2013Q4 snps Cash Cash Equivalents And Investments Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
CashCashEquivalentsAndInvestmentsContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
0 USD
CY2014Q4 snps Cash Cash Equivalents And Investments Cost Basis
CashCashEquivalentsAndInvestmentsCostBasis
996631000 USD
CY2013Q4 snps Cash Cash Equivalents And Investments Cost Basis
CashCashEquivalentsAndInvestmentsCostBasis
1033977000 USD
CY2014Q4 snps Cash Cash Equivalents And Investments Fair Value Disclosure
CashCashEquivalentsAndInvestmentsFairValueDisclosure
996631000 USD
CY2013Q4 snps Cash Cash Equivalents And Investments Fair Value Disclosure
CashCashEquivalentsAndInvestmentsFairValueDisclosure
1033977000 USD
CY2014Q4 snps Cash Cash Equivalents And Investments Unrealized Gains
CashCashEquivalentsAndInvestmentsUnrealizedGains
0 USD
CY2013Q4 snps Cash Cash Equivalents And Investments Unrealized Gains
CashCashEquivalentsAndInvestmentsUnrealizedGains
0 USD
CY2014 snps Deferred Percentage Of Annual Cash Base Compensation
DeferredPercentageOfAnnualCashBaseCompensation
0.50
CY2014 snps Deferred Percentage Of Variable Cash Compensation
DeferredPercentageOfVariableCashCompensation
1
CY2013Q4 snps Deferred Tax Assets Capitalized Costs
DeferredTaxAssetsCapitalizedCosts
84390000 USD
CY2014Q4 snps Deferred Tax Assets Capitalized Costs
DeferredTaxAssetsCapitalizedCosts
66616000 USD
CY2013Q4 snps Deferred Tax Assets Capitalized Research And Development Costs
DeferredTaxAssetsCapitalizedResearchAndDevelopmentCosts
36650000 USD
CY2014Q4 snps Deferred Tax Assets Capitalized Research And Development Costs
DeferredTaxAssetsCapitalizedResearchAndDevelopmentCosts
32710000 USD
CY2014 snps Estimated Completion Period Of In Process Research And Development Projects
EstimatedCompletionPeriodOfInProcessResearchAndDevelopmentProjects
P1Y
CY2011Q4 snps Extended Lease Term
ExtendedLeaseTerm
P19Y
CY2014Q4 snps Future Amortization Expense Under In Process Research And Development
FutureAmortizationExpenseUnderInProcessResearchAndDevelopment
3086000 USD
CY2014 snps Gain Or Loss On Assets Related To Deferred Compensation Plan
GainOrLossOnAssetsRelatedToDeferredCompensationPlan
10856000 USD
CY2012 snps Gain Or Loss On Assets Related To Deferred Compensation Plan
GainOrLossOnAssetsRelatedToDeferredCompensationPlan
7498000 USD
CY2013 snps Gain Or Loss On Assets Related To Deferred Compensation Plan
GainOrLossOnAssetsRelatedToDeferredCompensationPlan
18453000 USD
CY2013Q4 snps Income Tax Receivable And Prepaid Tax
IncomeTaxReceivableAndPrepaidTax
18277000 USD
CY2014Q4 snps Income Tax Receivable And Prepaid Tax
IncomeTaxReceivableAndPrepaidTax
26496000 USD
CY2012 snps Income Tax Reconciliation Deferred Tax Reversal Resultingfrom Mergerof Foreign Affiliate
IncomeTaxReconciliationDeferredTaxReversalResultingfromMergerofForeignAffiliate
0 USD
CY2013 snps Income Tax Reconciliation Deferred Tax Reversal Resultingfrom Mergerof Foreign Affiliate
IncomeTaxReconciliationDeferredTaxReversalResultingfromMergerofForeignAffiliate
-6808000 USD
CY2014 snps Income Tax Reconciliation Deferred Tax Reversal Resultingfrom Mergerof Foreign Affiliate
IncomeTaxReconciliationDeferredTaxReversalResultingfromMergerofForeignAffiliate
0 USD
CY2012 snps Income Tax Reconciliation Federal Statute Lapse Amount
IncomeTaxReconciliationFederalStatuteLapseAmount
0 USD
CY2014 snps Income Tax Reconciliation Federal Statute Lapse Amount
IncomeTaxReconciliationFederalStatuteLapseAmount
-6746000 USD
CY2013 snps Income Tax Reconciliation Federal Statute Lapse Amount
IncomeTaxReconciliationFederalStatuteLapseAmount
0 USD
CY2011Q4 snps Lease Expiration Period
LeaseExpirationPeriod
P15Y
CY2011Q4 snps Lease Initiation Date
LeaseInitiationDate
March 1, 2015
CY2012 snps Net Increase Decrease To Net Income
NetIncreaseDecreaseToNetIncome
0 USD
CY2013 snps Net Increase Decrease To Net Income
NetIncreaseDecreaseToNetIncome
0 USD
CY2014 snps Net Increase Decrease To Net Income
NetIncreaseDecreaseToNetIncome
0 USD
CY2014Q4 snps Net Lease Payment Due
NetLeasePaymentDue
366428000 USD
CY2014Q4 snps Net Lease Payment Due Thereafter
NetLeasePaymentDueThereafter
195048000 USD
CY2014Q4 snps Net Lease Payment Due Within Five Years
NetLeasePaymentDueWithinFiveYears
28736000 USD
CY2014Q4 snps Net Lease Payment Due Within Four Years
NetLeasePaymentDueWithinFourYears
29406000 USD
CY2014Q4 snps Net Lease Payment Due Within One Year
NetLeasePaymentDueWithinOneYear
38887000 USD
CY2014Q4 snps Net Lease Payment Due Within Three Years
NetLeasePaymentDueWithinThreeYears
35073000 USD
CY2014Q4 snps Net Lease Payment Due Within Two Years
NetLeasePaymentDueWithinTwoYears
39278000 USD
CY2014 snps Number Of Major Customers
NumberOfMajorCustomers
1 Customer
CY2012 snps Number Of Major Customers
NumberOfMajorCustomers
1 Customer
CY2013 snps Number Of Major Customers
NumberOfMajorCustomers
1 Customer
CY2014Q4 snps Operating Leases Future Minimum Sublease Rentals Current
OperatingLeasesFutureMinimumSubleaseRentalsCurrent
1661000 USD
CY2014Q4 snps Operating Leases Future Minimum Sublease Rentals Due In Five Years
OperatingLeasesFutureMinimumSubleaseRentalsDueInFiveYears
640000 USD
CY2014Q4 snps Operating Leases Future Minimum Sublease Rentals Due In Four Years
OperatingLeasesFutureMinimumSubleaseRentalsDueInFourYears
626000 USD
CY2014Q4 snps Operating Leases Future Minimum Sublease Rentals Due In Three Years
OperatingLeasesFutureMinimumSubleaseRentalsDueInThreeYears
771000 USD
CY2014Q4 snps Operating Leases Future Minimum Sublease Rentals Due In Two Years
OperatingLeasesFutureMinimumSubleaseRentalsDueInTwoYears
1584000 USD
CY2014Q4 snps Operating Leases Future Minimum Sublease Rentals Due Thereafter
OperatingLeasesFutureMinimumSubleaseRentalsDueThereafter
1204000 USD
CY2014 snps Perpetual License Additional Period
PerpetualLicenseAdditionalPeriod
P20Y
CY2014 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2014 dei Trading Symbol
TradingSymbol
SNPS
CY2013Q4 invest Derivative Notional Amount
DerivativeNotionalAmount
746801000 USD
CY2014Q4 invest Derivative Notional Amount
DerivativeNotionalAmount
793937000 USD
CY2014Q4 snps Share Of Common Stock Reserved For Future Issuance Under Espp
ShareOfCommonStockReservedForFutureIssuanceUnderEspp
7000000 shares
CY2014 snps Sharebased Compensation Employee Stock Purchase Plan Offering Period
SharebasedCompensationEmployeeStockPurchasePlanOfferingPeriod
P2Y
CY2011Q4 snps Square Feet Of Buildings After Enlargement
SquareFeetOfBuildingsAfterEnlargement
341000 sqft
CY2014 snps Standard Software Warranty
StandardSoftwareWarranty
P90D
CY2014 snps Tax On Deferred Undistributed Foreign Earnings Not Provided
TaxOnDeferredUndistributedForeignEarningsNotProvided
206000000 USD
CY2014 snps Threshold For Granted Rights For Fair Value Of Employees Stock Purchases Under Employee Stock Purchase Plan
ThresholdForGrantedRightsForFairValueOfEmployeesStockPurchasesUnderEmployeeStockPurchasePlan
0.85
CY2014Q4 snps Undistributed Foreign Earnings
UndistributedForeignEarnings
948000000 USD
CY2014Q4 snps Unrecognized Deferred Tax Assets
UnrecognizedDeferredTaxAssets
70700000 USD
CY2014 snps Unrecognized Tax Benefits Acquisitions
UnrecognizedTaxBenefitsAcquisitions
3575000 USD
CY2013 snps Unrecognized Tax Benefits Acquisitions
UnrecognizedTaxBenefitsAcquisitions
5718000 USD
CY2014 snps Unrecognized Tax Benefits Period Increase Decrease Due To Foreign Currency Translation
UnrecognizedTaxBenefitsPeriodIncreaseDecreaseDueToForeignCurrencyTranslation
602000 USD
CY2013 snps Unrecognized Tax Benefits Period Increase Decrease Due To Foreign Currency Translation
UnrecognizedTaxBenefitsPeriodIncreaseDecreaseDueToForeignCurrencyTranslation
-68000 USD
CY2014 dei Amendment Flag
AmendmentFlag
false
CY2014 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--10-31
CY2014 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2014 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014 dei Document Period End Date
DocumentPeriodEndDate
2014-10-31
CY2014 dei Document Type
DocumentType
10-K
CY2014 dei Entity Central Index Key
EntityCentralIndexKey
0000883241
CY2014Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
153103327 shares
CY2014 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2014 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2014Q2 dei Entity Public Float
EntityPublicFloat
3800000000 USD
CY2014 dei Entity Registrant Name
EntityRegistrantName
SYNOPSYS INC
CY2014 dei Entity Voluntary Filers
EntityVoluntaryFilers
No

Files In Submission

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0000883241-14-000008-index-headers.html Edgar Link pending
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report.css Edgar Link pending
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snps-20141031.xml Edgar Link completed
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