SYNOPSYS, INC.

Unaudited Consolidated Balance Sheets ⁽¹⁾

(in thousands, except par value amounts)

October 31,
2022

October 31,
2021

ASSETS:

Current assets:

  Cash and cash equivalents

$       1,417,608

$       1,432,840

  Short-term investments

147,913

147,949

          Total cash, cash equivalents & short-term investments

$       1,565,521

$       1,580,789

  Accounts receivable, net

796,091

568,501

  Inventories

211,927

229,023

  Prepaid and other current assets

439,130

430,028

          Total current assets

3,012,669

2,808,341

Property and equipment, net

483,300

472,398

Operating lease right-of-use assets, net

559,090

493,251

Goodwill

3,842,234

3,575,785

Intangible assets, net

386,446

279,132

Deferred income taxes

670,653

612,655

Other long-term assets

463,695

510,698

           Total assets

$       9,418,087

$       8,752,260

LIABILITIES, REDEEMABLE NON-CONTROLLING
INTEREST AND STOCKHOLDERS' EQUITY:

Current liabilities:

  Accounts payable and accrued liabilities

$          809,403

$          741,191

  Operating lease liabilities

54,274

79,678

  Deferred revenue

1,910,822

1,517,623

  Short-term debt

-

74,992

           Total current liabilities

2,774,499

2,413,484

Long-term operating lease liabilities

581,273

487,003

Long-term deferred revenue

154,472

136,303

Long-term debt

20,824

25,094

Other long-term liabilities

327,829

391,433

           Total liabilities

3,858,897

3,453,317

Redeemable non-controlling interest

38,664

-

Stockholders' equity:

  Preferred stock, $0.01 par value: 2,000 shares authorized; none outstanding

-

-

  Common stock, $0.01 par value: 400,000 shares authorized; 152,375 and
153,062 shares outstanding, respectively

1,524

1,531

  Capital in excess of par value

1,487,126

1,576,363

  Retained earnings

5,534,307

4,549,713

  Treasury stock, at cost: 4,886 and 4,198 shares, respectively

(1,272,955)

(782,866)

  Accumulated other comprehensive income (loss)

(234,277)

(49,604)

           Total Synopsys stockholders' equity

5,515,725

5,295,137

  Non-controlling interest

4,801

3,806

           Total stockholders' equity

5,520,526

5,298,943

           Total liabilities, redeemable non-controlling interest and
           stockholders' equity            

$       9,418,087

$       8,752,260

(1) Synopsys' fiscal year 2022 and 2021 ended on October 29, 2022 and October 30, 2021, respectively. For presentation
purposes, we refer to the closest calendar month end.