2013 Q4 Form 10-K Financial Statement

#000119312513479653 Filed on December 20, 2013

View on sec.gov

Income Statement

Concept 2013 Q4 2012 Q4 2011 Q4
Revenue $504.9M $454.2M $390.5M
YoY Change 11.16% 16.31% 3.99%
Cost Of Revenue $119.1M $102.5M $85.40M
YoY Change 16.2% 20.02% 7.15%
Gross Profit $385.8M $351.7M $305.1M
YoY Change 9.69% 15.27% 3.18%
Gross Profit Margin 76.41% 77.43% 78.13%
Selling, General & Admin $154.0M $153.3M $119.9M
YoY Change 0.46% 27.86% -7.7%
% of Gross Profit 39.92% 43.59% 39.3%
Research & Development $175.1M $153.6M $125.4M
YoY Change 14.0% 22.49% -3.02%
% of Gross Profit 45.39% 43.67% 41.1%
Depreciation & Amortization $45.60M $41.70M $31.60M
YoY Change 9.35% 31.96% 7.48%
% of Gross Profit 11.82% 11.86% 10.36%
Operating Expenses $334.8M $312.2M $248.8M
YoY Change 7.24% 25.48% -5.22%
Operating Profit $50.97M $39.50M $56.30M
YoY Change 29.03% -29.84% 69.58%
Interest Expense -$100.0K -$200.0K -$500.0K
YoY Change -50.0% -60.0% -111.36%
% of Operating Profit -0.2% -0.51% -0.89%
Other Income/Expense, Net $2.200M $900.0K $200.0K
YoY Change 144.44% 350.0% -105.56%
Pretax Income $59.06M $42.70M $53.60M
YoY Change 38.31% -20.34% 35.01%
Income Tax $2.200M $13.70M $13.60M
% Of Pretax Income 3.73% 32.08% 25.37%
Net Earnings $56.89M $29.10M $39.90M
YoY Change 95.5% -27.07% 57.09%
Net Earnings / Revenue 11.27% 6.41% 10.22%
Basic Earnings Per Share $0.37
Diluted Earnings Per Share $0.36 $184.9K $272.5K
COMMON SHARES
Basic Shares Outstanding 154.3M shares 151.2M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2013 Q4 2012 Q4 2011 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.022B $700.4M $1.004B
YoY Change 45.97% -30.25% 6.98%
Cash & Equivalents $1.022B $700.4M $855.1M
Short-Term Investments $0.00 $149.0M
Other Short-Term Assets $151.2M $130.3M $105.3M
YoY Change 16.04% 23.74% -4.01%
Inventory
Prepaid Expenses
Receivables $256.0M $292.7M $203.1M
Other Receivables $18.30M $17.20M $25.60M
Total Short-Term Assets $1.448B $1.141B $1.338B
YoY Change 26.94% -14.75% 7.23%
LONG-TERM ASSETS
Property, Plant & Equipment $197.6M $191.2M $159.5M
YoY Change 3.32% 19.89% 7.35%
Goodwill $1.976B $1.977B $1.289B
YoY Change -0.05% 53.34% 1.85%
Intangibles $335.4M $466.3M $196.0M
YoY Change -28.07% 137.88%
Long-Term Investments
YoY Change
Other Assets $151.0M $123.6M $103.4M
YoY Change 22.13% 19.56% -72.41%
Total Long-Term Assets $2.911B $3.007B $2.031B
YoY Change -3.19% 48.07% -0.39%
TOTAL ASSETS
Total Short-Term Assets $1.448B $1.141B $1.338B
Total Long-Term Assets $2.911B $3.007B $2.031B
Total Assets $4.359B $4.148B $3.369B
YoY Change 5.09% 23.12% 2.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.575M $29.86M $6.956M
YoY Change -71.28% 329.2% -57.33%
Accrued Expenses $344.4M $353.2M $295.2M
YoY Change -2.49% 19.65% -0.44%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $30.00M $30.00M $0.00
YoY Change 0.0%
Total Short-Term Liabilities $1.223B $1.253B $1.010B
YoY Change -2.37% 23.98% 9.6%
LONG-TERM LIABILITIES
Long-Term Debt $75.00M $105.0M $0.00
YoY Change -28.57%
Other Long-Term Liabilities $164.9M $126.2M $108.1M
YoY Change 30.68% 16.79% -59.15%
Total Long-Term Liabilities $239.9M $231.2M $108.1M
YoY Change 3.77% 113.94% -59.15%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.223B $1.253B $1.010B
Total Long-Term Liabilities $239.9M $231.2M $108.1M
Total Liabilities $1.571B $1.604B $1.268B
YoY Change -2.06% 26.52% 6.84%
SHAREHOLDERS EQUITY
Retained Earnings $1.325B $1.099B $957.5M
YoY Change 20.58% 14.74%
Common Stock $1.542M $1.509M $1.433M
YoY Change 2.19% 5.3%
Preferred Stock
YoY Change
Treasury Stock (at cost) $106.7M $168.1M $358.0M
YoY Change -36.54% -53.05%
Treasury Stock Shares 3.095M shares 6.365M shares 13.96M shares
Shareholders Equity $2.788B $2.502B $2.101B
YoY Change
Total Liabilities & Shareholders Equity $4.359B $4.148B $3.369B
YoY Change 5.09% 23.12% 2.51%

Cashflow Statement

Concept 2013 Q4 2012 Q4 2011 Q4
OPERATING ACTIVITIES
Net Income $56.89M $29.10M $39.90M
YoY Change 95.5% -27.07% 57.09%
Depreciation, Depletion And Amortization $45.60M $41.70M $31.60M
YoY Change 9.35% 31.96% 7.48%
Cash From Operating Activities $191.3M $103.0M $73.00M
YoY Change 85.73% 41.1% -24.66%
INVESTING ACTIVITIES
Capital Expenditures -$18.80M -$408.2M -$50.70M
YoY Change -95.39% 705.13% -86.5%
Acquisitions
YoY Change
Other Investing Activities $800.0K $0.00 $1.000M
YoY Change -100.0% -99.38%
Cash From Investing Activities -$18.00M -$408.1M -$49.70M
YoY Change -95.59% 721.13% -76.76%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -45.80M 38.80M -57.80M
YoY Change -218.04% -167.13% 3753.33%
NET CHANGE
Cash From Operating Activities 191.3M 103.0M 73.00M
Cash From Investing Activities -18.00M -408.1M -49.70M
Cash From Financing Activities -45.80M 38.80M -57.80M
Net Change In Cash 127.5M -266.3M -34.50M
YoY Change -147.88% 671.88% -70.89%
FREE CASH FLOW
Cash From Operating Activities $191.3M $103.0M $73.00M
Capital Expenditures -$18.80M -$408.2M -$50.70M
Free Cash Flow $210.1M $511.2M $123.7M
YoY Change -58.9% 313.26% -73.81%

Facts In Submission

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CY2013 dei Trading Symbol
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SNPS
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SYNOPSYS INC
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<div> <p style="margin-top:9px;margin-bottom:0px"><font style="font-family:ARIAL" size="2"><b>Note 1. Description of Business</b></font></p> <p style="margin-top:4px;margin-bottom:0px; text-indent:4%"> <font style="font-family:ARIAL" size="2">Synopsys, Inc. (Synopsys or the Company) is a world leader in supplying 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 provides software and hardware used to develop the systems that incorporate integrated circuits and the software that runs on those integrated circuits. The Company&#x2019;s intellectual property (IP) products are pre-designed circuits that engineers use as components of larger chip designs rather than designing those circuits themselves. To complement these product offerings, the Company provides technical services to support our solutions and we help our customers develop chips and electronic systems.</font></p> </div>
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CY2013 us-gaap Fiscal Period
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<div> <p style="MARGIN-TOP: 4px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: ARIAL" size="2"><i>Fiscal Year End.</i> The Company&#x2019;s fiscal year generally ends on the Saturday nearest to October&#xA0;31 and consists of 52 weeks, with the exception that approximately every five years, the Company has a 53-week year. Fiscal 2013 was a 52-week year ending on November&#xA0;2, 2013. Fiscal 2012 and fiscal 2011 were 53-week and 52-week years, respectively, ending on November&#xA0;3, 2012 and October&#xA0;29, 2011, respectively. For presentation purposes, the consolidated financial statements and accompanying notes refer to the closest calendar month end.</font></p> </div>
CY2013 us-gaap Debt Instrument Payment Terms
DebtInstrumentPaymentTerms
Principal payments on a portion of the Term Loan are due in equal quarterly installments of $7.5 million, with the remainder due when the Credit Agreement expires in October 2016.
CY2013 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div> <p style="MARGIN-TOP: 9px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: ARIAL" size="2"><i>Concentration of Credit Risk</i>. Financial instruments that potentially subject the Company to significant concentrations of credit risk consist principally of cash equivalents, marketable securities, foreign currency contracts, and accounts receivable from trade customers. The Company maintains cash equivalents primarily in highly rated taxable and tax-exempt money market funds located in the U.S. and in various overseas locations.</font></p> <p style="MARGIN-TOP: 9px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: ARIAL" size="2">The Company sells its products worldwide primarily to customers in the global electronics market. The Company performs on-going credit evaluations of its customers&#x2019; financial condition and does not require collateral. The Company establishes reserves for potential credit losses and such losses have been within management&#x2019;s expectations and have not been material in any year presented.</font></p> </div>
CY2013 us-gaap Employee Stock Ownership Plan Esop Weighted Average Purchase Price Of Shares Purchased
EmployeeStockOwnershipPlanESOPWeightedAveragePurchasePriceOfSharesPurchased
22.75
CY2013 us-gaap Tax Credit Carryforward Expiration Date
TaxCreditCarryforwardExpirationDate
2013-12-31
CY2013 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1326000 shares
CY2013 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="margin-top:9px;margin-bottom:0px; text-indent:4%"> <font style="font-family:ARIAL" size="2"><i>Use of Estimates.</i> To prepare financial statements in conformity with U.S. generally accepted accounting principles (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&#x2019;s operating results and financial position.</font></p> </div>
CY2013 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
2100000 shares
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
24.34
CY2013 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y6M
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
153319000 shares
CY2013 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 Segment
CY2013 us-gaap Income Taxes Paid
IncomeTaxesPaid
31326000
CY2013 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
12063000
CY2013 us-gaap Guarantees Indemnifications And Warranties Policies
GuaranteesIndemnificationsAndWarrantiesPolicies
<div> <p style="MARGIN-TOP: 9px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: ARIAL" size="2"><i>Warranties and Indemnities.</i> The Company generally warrants its products to be free from defects in media and to substantially conform to material specifications for a period of 90&#xA0;days for software products and for up to six months for hardware products. In certain cases, the Company also provides its customers with limited indemnification with respect to claims that their use of the Company&#x2019;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></p> </div>
CY2013 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
129559000
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
14128000
CY2013 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
3009000
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
65459000
CY2013 us-gaap Repayments Of Debt
RepaymentsOfDebt
30712000
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
61818000
CY2013 us-gaap Licenses Revenue
LicensesRevenue
132018000
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
-540000
CY2013 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
18453000
CY2013 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
6565000
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
213848000
CY2013 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
4499000
CY2013 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
6057000
CY2013 us-gaap Interest Income Other
InterestIncomeOther
1891000
CY2013 us-gaap Interest Paid
InterestPaid
1761000
CY2013 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
6700000
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
275666000
CY2013 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-12726000
CY2013 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-37590000
CY2013 us-gaap Maintenance Revenue
MaintenanceRevenue
230732000
CY2013 us-gaap License And Maintenance Revenue
LicenseAndMaintenanceRevenue
1599464000
CY2013 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
6107000
CY2013 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
6026000
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
4189000
CY2013 us-gaap Revenues
Revenues
1962214000
CY2013 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
234566000
CY2013 us-gaap Gain Loss On Investments
GainLossOnInvestments
868000
CY2013 us-gaap Gross Profit
GrossProfit
1508662000
CY2013 us-gaap Operating Income Loss
OperatingIncomeLoss
246493000
CY2013 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount
127400000
CY2013 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
24972000
CY2013 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
145016000
CY2013 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
19000000
CY2013 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
3609000
CY2013 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
44004000
CY2013 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
29173000
CY2013 us-gaap Net Income Loss
NetIncomeLoss
247800000
CY2013 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
3913000
CY2013 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-13234000
CY2013 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
67482000
CY2013 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
16446000
CY2013 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-7305000
CY2013 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-235000
CY2013 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-6254000
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
3328000
CY2013 us-gaap Cost Of Services Licenses And Maintenance Agreements
CostOfServicesLicensesAndMaintenanceAgreements
268910000
CY2013 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
145016000
CY2013 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
814000
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
6565000
CY2013 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
143791000
CY2013 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-97985000
CY2013 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-776000
CY2013 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
26300000
CY2013 us-gaap Share Based Compensation
ShareBasedCompensation
67511000
CY2013 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
102000
CY2013 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
18453000
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
322059000
CY2013 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
425982000
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
4671000
CY2013 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-5949000
CY2013 us-gaap Cost Of Goods Sold Depreciation Depletion And Amortization
CostOfGoodsSoldDepreciationDepletionAndAmortization
104304000
CY2013 us-gaap Cost Of Services Maintenance Costs
CostOfServicesMaintenanceCosts
80338000
CY2013 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
7728000
CY2013 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
11692000
CY2013 us-gaap Operating Expenses
OperatingExpenses
1262169000
CY2013 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
200000
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
27866000
CY2013 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-10582000
CY2013 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
51065000
CY2013 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
2999000
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
46592000
CY2013 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
1921000
CY2013 us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
-1016000
CY2013 us-gaap Interest Expense
InterestExpense
1696000
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-2697000
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
96483000
CY2013 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
42285000
CY2013 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2000000
CY2013 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
4969000
CY2013 us-gaap Cost Of Revenue
CostOfRevenue
453552000
CY2013 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
23199000
CY2013 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
933000
CY2013 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
187404000
CY2013 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
-2306000
CY2013 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-676000
CY2013 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
4967000
CY2013 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
130724000
CY2012 us-gaap License And Maintenance Revenue
LicenseAndMaintenanceRevenue
1449300000
CY2013 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
35171000
CY2013 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
29428000
CY2013 us-gaap Depreciation
Depreciation
56700000
CY2013 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
67511000
CY2013 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-13207000
CY2013 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-36670000
CY2013 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
64400000
CY2013 us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
131914000
CY2013 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-66079000
CY2013 us-gaap Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
7500000
CY2013 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
669197000
CY2013 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
-1130000
CY2013 us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
989000
CY2013 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1135000
CY2013 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2013 snps Tax On Deferred Undistributed Foreign Earnings Not Provided
TaxOnDeferredUndistributedForeignEarningsNotProvided
168800000
CY2013 snps Unrecognized Tax Benefits Period Increase Decrease Due To Foreign Currency Translation
UnrecognizedTaxBenefitsPeriodIncreaseDecreaseDueToForeignCurrencyTranslation
-68000
CY2013 snps Deferred Percentage Of Annual Cash Base Compensation
DeferredPercentageOfAnnualCashBaseCompensation
0.50 pure
CY2013 snps Perpetual License Additional Period
PerpetualLicenseAdditionalPeriod
20 Y
CY2012 us-gaap Maintenance Revenue
MaintenanceRevenue
201580000
CY2013 snps Net Increase Decrease To Net Income
NetIncreaseDecreaseToNetIncome
CY2013 snps Minimum Length Of Time Hedged In Foreign Currency Cash Flow Hedge
MinimumLengthOfTimeHedgedInForeignCurrencyCashFlowHedge
One
CY2013 snps Gain Or Loss On Assets Related To Deferred Compensation Plan
GainOrLossOnAssetsRelatedToDeferredCompensationPlan
18453000
CY2013 snps Aggregate Purchase Price Of Common Stock Received
AggregatePurchasePriceOfCommonStockReceived
145016000
CY2013 snps Cash And Cash Equivalents Maximum Maturity Period
CashAndCashEquivalentsMaximumMaturityPeriod
P3M
CY2013 snps Deferred Percentage Of Variable Cash Compensation
DeferredPercentageOfVariableCashCompensation
1.00 pure
CY2013 snps Standard Software Warranty
StandardSoftwareWarranty
P90D
CY2013 snps Unrecognized Tax Benefits Acquisitions
UnrecognizedTaxBenefitsAcquisitions
5718000
CY2012 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
53395000
CY2013 snps Future Amortization Expense Under In Process Research And Development
FutureAmortizationExpenseUnderInProcessResearchAndDevelopment
4298000
CY2013 snps Share Based Compensation Arrangement By Share Based Payment Award Offering Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOfferingPeriod
2 Y
CY2013 snps Threshold For Granted Rights For Fair Value Of Employees Stock Purchases Under Employee Stock Purchase Plan
ThresholdForGrantedRightsForFairValueOfEmployeesStockPurchasesUnderEmployeeStockPurchasePlan
0.85 pure
CY2013 snps Number Of Major Customers
NumberOfMajorCustomers
1 Customer
CY2013 snps Provision And Recovery For Doubtful Accounts
ProvisionAndRecoveryForDoubtfulAccounts
-102000
CY2013 snps Additional Amount Credit Agreement That Can Be Increased
AdditionalAmountCreditAgreementThatCanBeIncreased
150000000
CY2013 snps Deferred Tax Reversal Resulting From Merger Of Foreign Affiliate
DeferredTaxReversalResultingFromMergerOfForeignAffiliate
-6808000
CY2012 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.24
CY2012 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.21
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
150280000 shares
CY2012 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3393000 shares
CY2012 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
2474000 shares
CY2012 us-gaap Stock Issued During Period Shares Treasury Stock Reissued
StockIssuedDuringPeriodSharesTreasuryStockReissued
10065000 shares
CY2012 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
29.64
CY2012 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
486068000
CY2012 us-gaap Employee Stock Ownership Plan Esop Weighted Average Purchase Price Of Shares Purchased
EmployeeStockOwnershipPlanESOPWeightedAveragePurchasePriceOfSharesPurchased
21.65
CY2012 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3314000 shares
CY2012 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
2000000 shares
CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
21.09
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
146887000 shares
CY2012 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 Segment
CY2012 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
1033000
CY2012 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
54191000
CY2012 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-215000
CY2012 us-gaap Repayments Of Debt
RepaymentsOfDebt
136156000
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
39855000
CY2012 us-gaap Licenses Revenue
LicensesRevenue
105137000
CY2012 us-gaap Income Taxes Paid
IncomeTaxesPaid
49208000
CY2012 us-gaap Profit Loss
ProfitLoss
182402000
CY2012 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
10231000
CY2012 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
18179000
CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
-4174000
CY2012 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
7498000
CY2012 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-14235000
CY2012 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
970089000
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
161280000
CY2012 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2361000
CY2012 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-2731000
CY2012 us-gaap Interest Income Other
InterestIncomeOther
1567000
CY2012 us-gaap Interest Paid
InterestPaid
1961000
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
201135000
CY2012 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-5805000
CY2012 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-2428000
CY2012 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1676000
CY2012 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
42789000
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
6053000
CY2012 us-gaap Revenues
Revenues
1756017000
CY2012 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-15199000
CY2012 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
181163000
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
9431000
CY2012 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
187886000
CY2012 us-gaap Gain Loss On Investments
GainLossOnInvestments
650000
CY2012 us-gaap Gross Profit
GrossProfit
1363344000
CY2012 us-gaap Operating Income Loss
OperatingIncomeLoss
190024000
CY2012 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
4289000
CY2012 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
40000000
CY2012 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
3302000
CY2012 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
11111000
CY2012 us-gaap Net Income Loss
NetIncomeLoss
181898000
CY2012 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
6252000
CY2012 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
5484000
CY2012 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
71337000
CY2012 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
15989000
CY2012 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
3600000
CY2012 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
24897000
CY2012 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
687195000
CY2012 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
691000
CY2012 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
35010000
CY2012 us-gaap Cost Of Services Licenses And Maintenance Agreements
CostOfServicesLicensesAndMaintenanceAgreements
232811000
CY2012 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
157459000
CY2012 us-gaap Net Cash Provided By Used In Financing Activities
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243488000
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CY2012 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2012 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2012 us-gaap Increase Decrease In Income Taxes
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CY2012 us-gaap Deferred Income Taxes And Tax Credits
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CY2012 us-gaap Depreciation
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CY2012 us-gaap Allocated Share Based Compensation Expense
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CY2012 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2012 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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CY2012 us-gaap Income Tax Reconciliation Tax Settlements
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CY2012 us-gaap Impairment Of Long Lived Assets Held For Use
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NetIncreaseDecreaseToNetIncome
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7498000
CY2012 snps Aggregate Purchase Price Of Common Stock Received
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CY2012 snps Unrecognized Tax Benefits Acquisitions
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35171000
CY2012 snps Number Of Major Customers
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222000
CY2012 snps Provision And Recovery For Doubtful Accounts
ProvisionAndRecoveryForDoubtfulAccounts
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