SYNOPSYS, INC. SNPS Cash Flow

Synopsys, inc. (SNPS)

CashFlow / TTM

Apr'20	Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10	Apr'10	Jan'10
Net Income (Loss) Attributable to Parent
474,624	482,914	532,367	625,981	605,461	589,723	432,518	58,108	95,450	46,284	136,563	329,342	277,309	293,379	266,826	243,891	234,560	220,780	225,934	238,627	248,896	256,617	259,124	253,559	240,200	245,574	247,800	219,991	243,350	195,630	182,402	193,263	169,689	229,832	221,364	206,823	194,068	152,503	237,063	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization and depreciation
203,913	202,078	201,676	211,095	215,219	217,117	209,207	195,575	189,227	183,898	189,442	193,330	196,850	200,060	207,032	215,100	216,996	217,728	211,821	206,611	203,292	199,641	192,826	186,398	184,835	184,054	187,404	183,520	176,132	171,939	156,840	146,667	138,414	128,839	128,550	126,388	115,981	107,225	101,201	0	0	0
Reduction of operating lease right-of-use assets
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of capitalized costs to obtain revenue contracts
0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation
187,945	168,424	155,001	152,318	150,118	146,169	140,032	131,137	122,186	114,783	108,294	105,237	102,507	100,404	97,583	94,980	92,008	88,832	86,400	84,562	83,363	81,903	79,440	76,133	71,223	67,929	67,511	67,055	67,790	72,866	71,414	69,062	65,353	57,415	56,414	56,204	57,202	58,001	59,988	0	0	0
Allowance for doubtful accounts
17,701	15,030	11,669	8,950	3,951	4,500	3,368	4,228	4,837	2,288	2,149	1,589	1,179	929	950	850	1,150	1,250	1,300	600	-400	-550	-1,250	-1,549	-1,049	-2,381	102	3,682	4,203	5,340	3,754	1,121	787	1,005	1,058	862	566	8	-899	0	0	0
(Gain) loss on sale of property and investments
-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Write-down of long-term investments
-	-	-	-	-	-	-	-	-	-	1,300	1,300	1,300	1,300	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	999	0	0	0	-	-	-	0
Excess tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-96,815	-94,099	-82,620	-225,483	-272,674	-262,697	-210,310	139,521	158,591	156,235	123,052	-27,744	-714	2,907	-14,037	15,496	-737	33,086	36,883	-425	1,270	-23,149	-17,100	-489	365	10,115	-676	9,569	11,042	-6,583	12,850	37,722	33,250	33,440	22,278	64,762	75,966	93,403	38,356	0	0	0
Net changes in operating assets and liabilities, net of acquired assets and liabilities:
Accounts receivable
116,586	45,890	8,575	-35,280	-33,150	270,023	95,785	81,812	184,259	154,707	-2,296	78,388	55,790	-48,558	43,269	-4,023	-53,577	67,025	56,533	72,876	21,932	32,071	65,018	-54,217	61,274	-25,159	-37,590	59,589	2,592	21,952	53,395	11,353	1,586	40,690	18,974	-9,759	24,480	-9,248	16,202	0	0	0
Inventories
-7,019	8,718	19,243	57,500	75,870	66,525	66,509	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid and other current assets
37,121	31,055	49,779	41,110	24,757	8,175	12,652	7,078	4,099	559	10,948	-3,736	-4,348	2,637	5,569	10,211	11,730	8,071	23,106	34,982	28,191	27,389	-1,836	-3,536	-10,882	2,369	12,063	5,534	8,861	-842	-15,199	-231	8,039	7,631	13,445	-4,575	-2,929	3,224	-4,638	0	0	0
Other long-term assets
73,046	103,224	124,895	108,600	95,451	49,710	25,908	38,425	37,896	51,859	40,189	29,068	28,447	26,709	3,770	8,236	2,244	-346	16,259	20,564	22,873	24,172	23,270	26,023	24,700	23,679	27,468	23,377	18,627	17,258	10,231	3,713	718	2,785	4,248	11,134	13,584	9,715	5,923	0	0	0
Accounts payable and accrued liabilities
62,223	67,005	-19,280	60,334	20,314	-30,192	49,043	45,011	29,209	127,083	137,631	96,855	103,641	34,890	18,977	11,331	-18,295	7,659	27,568	43,403	61,638	50,227	40,645	18,783	13,299	16,170	-1,135	10,262	-6,218	-15,691	42,960	-5,613	13,521	-17,688	-7,408	14,551	9,918	787	10,566	0	0	0
Operating lease liabilities
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes
53,106	66,801	19,777	-75,790	-91,323	-127,809	-103,841	3,820	-13,476	15,849	19,665	-8,757	-7,827	-1,929	7,098	-31,559	-18,312	-40,028	-48,878	-10,778	-21,151	-13,051	-9,095	-20,781	-14,753	-10,777	-2,306	-11,218	-37,251	-39,549	-43,113	-51,749	-25,923	-46,709	-58,377	-101,605	-164,587	-139,201	-94,052	0	0	0
Deferred revenue
229,111	173,197	125,717	82,529	136,066	184,360	105,329	94,828	168,388	123,186	-16,644	42,017	6,953	49,629	86,904	55,827	67,817	92,870	50,139	81,960	77,353	69,978	99,814	32,897	80,592	11,853	814	14,042	11,886	88,562	107,586	80,829	87,404	106,448	113,041	93,708	48,552	23,652	9,827	0	0	0
Net cash provided by operating activities
981,451	954,352	800,513	710,182	628,885	339,434	424,399	476,252	466,940	526,546	632,482	597,373	569,228	668,687	586,635	591,390	614,688	547,333	495,160	515,655	580,778	537,502	550,953	569,376	492,324	514,251	496,705	408,302	440,904	433,948	486,068	456,162	470,917	440,631	440,316	464,182	361,663	346,820	341,036	0	0	0
Proceeds from sales and maturities of short-term investments
-	-	-	-	-	-	12,449	177,553	213,570	270,798	295,633	175,801	175,292	153,145	156,350	172,096	167,022	141,650	109,173	48,155	17,721	8,012	0	0	0	0	-	-	-	-	166,132	199,102	239,467	151,973	136,983	299,575	422,684	509,373	547,686	0	0	0
Purchases of short-term investments
-	-	-	-	-	-	-	-	-	-	155,098	179,982	183,815	169,117	168,712	179,716	163,237	145,408	238,902	185,402	154,744	128,427	0	0	0	0	-	-	-	-	18,179	52,953	96,129	121,607	127,385	126,562	161,202	208,834	243,515	0	0	0
Proceeds from sales of long-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,785	1,785	1,785	161	0	461	470	983	7,774	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of long-term investments
6,007	5,745	3,245	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of property and equipment
209,830	223,727	198,129	150,865	119,326	99,667	98,976	90,570	87,745	80,466	70,328	68,887	69,204	69,750	66,909	67,506	71,886	82,695	86,965	112,898	117,353	108,529	103,275	75,920	65,934	65,832	65,459	69,097	64,032	57,155	54,191	47,227	56,330	58,144	57,345	54,466	46,030	41,403	39,223	0	0	0
Cash paid for acquisitions and intangible assets, net of cash acquired
187,783	111,993	36,605	5,956	9,106	44,299	652,643	718,265	715,115	679,922	259,202	187,624	201,580	228,739	60,056	273,326	383,950	359,094	340,153	147,993	28,961	393,723	394,623	0	0	0	-	-	-	-	970,089	620,051	602,023	43,897	41,015	368,530	373,477	500,443	500,829	0	0	0
Other
-	-	-	-	-	-	-	-	-	-	-2,100	-2,100	-2,100	-2,100	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capitalization of software development costs
4,898	4,587	4,259	2,481	2,681	2,880	2,950	2,810	2,920	3,000	3,226	4,302	4,224	4,244	4,131	3,843	3,790	3,693	3,682	3,624	3,628	3,645	3,638	3,740	3,697	3,686	3,609	3,675	3,550	3,392	3,302	2,924	2,912	2,907	2,885	3,005	2,954	2,845	2,852	0	0	0
Net cash used in investing activities
-406,333	-339,691	-235,877	-155,857	-130,004	-148,251	-743,525	-650,193	-650,625	-611,511	-189,282	-262,055	-282,433	-315,983	-142,675	-351,512	-454,056	-448,179	-559,629	-400,889	-289,083	-628,817	-497,250	-448,093	-429,525	-60,638	-66,079	-456,221	-470,415	-892,414	-879,123	-520,719	-515,099	-71,754	-88,819	-252,988	-160,979	-244,152	-238,733	0	0	0
Principal payments on capital leases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,580	6,252	5,213	5,206	5,054	4,628	4,675	3,656	3,603	3,692	0	0	0
Acquisition of non-controlling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	44,004	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from credit facilities
280,627	204,307	192,897	198,532	359,395	355,715	620,635	665,000	520,000	620,000	320,000	270,000	375,000	305,000	185,000	235,000	270,000	240,000	460,000	410,000	250,000	450,000	200,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of debt
335,938	415,001	524,063	678,125	592,188	386,250	295,313	479,375	413,437	367,500	380,625	111,250	206,875	212,500	185,000	170,001	240,001	315,202	330,425	280,653	320,895	245,943	230,968	230,976	30,972	30,841	30,712	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Issuances of common stock
171,373	164,988	156,364	158,461	148,206	117,701	123,829	120,341	123,058	131,618	126,337	134,117	144,773	131,002	125,283	123,234	98,522	100,708	109,764	114,808	104,410	92,691	103,730	86,721	110,047	137,880	131,914	137,869	139,909	150,405	175,896	170,910	164,517	150,822	162,180	177,914	180,962	189,660	145,329	0	0	0
Payments for taxes related to net share settlement of equity awards
61,075	60,792	57,143	55,445	47,062	46,118	45,772	43,990	40,555	40,090	36,730	36,220	28,639	28,238	26,562	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of equity forward contract
0	20,000	0	-13,000	20,000	-20,000	0	53,000	0	20,000	20,000	-25,000	0	-20,000	0	45,000	4,000	24,000	20,000	0	0	0	-	-	0	0	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Purchases of treasury stock
400,000	380,000	329,185	242,185	274,185	249,185	400,000	447,000	435,000	480,000	380,000	400,000	400,000	320,000	400,000	380,000	296,000	276,000	260,000	220,000	184,000	209,000	119,747	0	0	0	-	-	-	-	40,000	106,851	206,851	356,839	401,836	394,427	369,427	224,439	184,699	0	0	0
Excess tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
0	0	-762	-762	997	997	1,759	139	-1,620	-2,661	-2,102	-8,853	-5,590	-4,069	-5,658	6,280	3,017	2,435	3,451	-165	-4,467	-4,960	-5,057	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in) provided by financing activities
-345,013	-506,498	-561,892	-606,524	-424,837	-187,140	5,138	-237,885	-247,554	-158,633	-373,120	-127,206	-121,331	-108,805	-306,937	-281,065	-199,303	-302,130	-62,070	2,343	-212,599	25,141	-73,689	-108,413	80,351	-102,593	-97,985	-13,465	-75,608	207,046	243,488	146,855	147,969	-264,406	-277,619	-221,188	-192,121	-38,382	-43,062	0	0	0
Effect of exchange rate changes on cash, cash equivalents and restricted cash
-4,735	-87	2,782	-2,285	-13,766	-17,759	-11,086	-3,797	8,882	20,009	-427	557	-2,085	824	3,409	1,081	-2,228	-10,862	-23,035	-33,732	-31,884	-30,055	-16,693	-2,194	-2,535	-8,332	-10,582	-10,013	-10,457	-9,554	-5,128	-8,417	-1,225	6,256	5,792	16,439	16,038	9,836	14,553	0	0	0
Net change in cash, cash equivalents and restricted cash
225,370	108,076	5,526	-54,484	60,278	-13,716	-325,074	-415,623	-422,357	-223,589	69,653	208,669	163,379	244,723	140,432	-40,106	-40,899	-213,838	-149,574	83,377	47,212	-96,229	-36,679	10,676	140,615	342,688	322,059	-71,397	-115,576	-260,974	-154,695	73,881	102,562	110,727	79,670	6,445	24,601	74,122	73,794	0	0	0