SYNOPSYS, INC. SNPS Income Statement

Synopsys, inc. (SNPS)

Income statement / Quarterly

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	Jul'09
Revenue:
Total revenue
861,327	834,381	851,081	852,970	836,242	820,401	795,082	779,714	776,836	769,426	696,644	695,381	680,069	652,786	633,719	615,204	605,005	568,604	587,159	555,805	557,204	542,043	539,012	521,812	517,697	478,951	504,875	482,945	499,257	475,137	454,213	443,747	432,561	425,496	390,534	386,795	393,670	364,644	375,459	336,929	338,106	330,167	345,177
Cost of revenue:
Amortization of intangible assets
13,845	13,169	13,696	13,603	14,881	17,443	24,422	20,154	20,450	19,008	16,389	18,614	19,634	21,472	22,574	24,463	24,555	30,526	31,863	26,704	25,612	25,866	26,612	26,272	25,674	22,753	24,853	26,537	26,398	26,516	23,012	21,156	23,699	13,388	13,308	13,368	14,908	13,235	11,367	8,050	8,829	7,857	8,452
Total cost of revenue
184,265	192,868	182,743	186,632	190,679	192,892	190,582	185,381	178,779	181,156	166,864	169,546	162,028	155,746	142,211	139,677	131,630	129,444	139,844	129,471	124,972	124,633	121,421	115,530	114,085	105,849	119,109	115,647	107,733	111,063	102,524	99,789	100,506	89,854	85,385	84,732	86,028	84,305	79,743	66,743	69,027	65,581	70,035
Gross margin
677,062	641,513	668,338	666,338	645,563	627,509	604,500	594,333	598,057	588,270	529,780	525,835	518,041	497,040	491,508	475,527	473,375	439,160	447,315	426,334	432,232	417,410	417,591	406,282	403,612	373,102	385,766	367,298	391,524	364,074	351,689	343,958	332,055	335,642	305,149	302,063	307,642	280,339	295,716	270,186	269,079	264,586	275,142
Operating expenses:
Research and development
302,571	314,283	290,503	284,804	290,299	271,326	290,875	277,402	252,134	264,411	244,515	228,663	223,015	212,648	221,954	221,874	216,172	196,705	208,305	197,999	188,315	181,610	190,373	182,809	178,043	167,543	175,057	166,668	169,962	157,510	153,568	143,955	151,230	132,875	125,415	122,547	123,169	120,740	129,298	105,649	113,050	101,232	104,989
Sales and marketing
146,200	152,855	161,170	157,109	158,652	155,959	167,325	157,953	147,188	150,512	154,006	131,520	137,211	126,511	131,494	127,328	120,926	122,620	130,671	116,988	120,579	106,169	120,232	112,271	114,784	105,792	114,913	105,381	103,930	101,758	111,385	100,004	108,836	95,404	93,500	90,732	99,562	79,324	96,968	83,812	79,363	79,616	77,973
General and administrative
62,474	68,744	63,424	67,382	56,351	42,061	63,043	84,336	58,809	56,372	26,190	46,350	83,438	40,866	42,164	42,548	41,553	39,697	43,843	43,925	40,975	36,354	42,969	37,438	40,575	34,233	39,089	34,510	32,254	37,938	41,903	31,769	49,948	33,839	26,373	27,052	29,470	29,865	32,950	27,371	28,713	25,853	27,735
Amortization of intangible assets
10,250	9,364	10,080	10,111	10,316	10,784	10,704	10,651	10,736	9,539	7,808	7,906	7,864	8,036	6,493	7,055	7,024	6,935	6,938	6,188	6,436	6,442	6,517	6,537	6,376	5,378	5,693	5,744	5,875	5,887	5,343	4,835	4,905	3,521	3,544	3,553	3,756	3,748	3,243	2,561	2,985	2,793	2,956
Restructuring charges
29,672	8,751	13,440	19,338	14,443	-35	11,028	23	2,176	-282	5,548	6,026	12,907	12,105	6,646	0	894	2,093	0	-248	0	15,336	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
In-process research and development
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	400
Total operating expenses
551,167	553,997	538,617	538,744	530,061	480,095	542,975	530,365	471,043	480,552	438,067	420,465	464,435	400,166	408,751	398,805	386,569	368,050	389,757	364,852	356,305	345,911	360,091	339,055	339,778	312,946	334,752	312,303	312,021	303,093	312,199	280,563	314,919	265,639	248,832	243,884	255,957	233,677	262,459	219,393	224,111	209,494	214,053
Operating Income (Loss)
125,895	87,516	129,721	127,594	115,502	147,414	61,525	63,968	127,014	107,718	91,713	105,370	53,606	96,874	82,757	76,722	86,806	71,110	57,558	61,482	75,927	71,499	57,500	67,227	63,834	60,156	51,014	54,995	79,503	60,981	39,490	63,395	17,136	70,003	56,317	58,179	51,685	46,662	33,257	50,793	44,968	55,092	61,089
Nonoperating Income (Expense)
-15,729	12,057	1,902	5,317	18,415	-359	-9,277	7,925	-7,715	12,385	8,213	7,421	8,414	11,487	-5	8,509	10,417	-6,768	-1,640	3,711	7,957	5,116	4,628	3,544	4,225	11,028	8,043	3,177	7,204	10,749	3,242	-2,310	6,353	3,826	-2,762	-2,212	5,574	5,670	6,439	-3,046	8,905	2,250	5,384
Income before income taxes
110,166	99,573	131,623	132,911	133,917	147,055	52,248	71,893	119,299	120,103	99,926	112,791	62,020	108,361	82,752	85,231	97,223	64,342	55,918	65,193	83,884	76,615	62,128	70,771	68,059	71,184	59,057	58,172	86,707	71,730	42,732	61,085	23,489	73,829	53,555	55,967	57,259	52,332	39,696	47,747	53,873	57,342	66,473
Provision (benefit) for income taxes
246	-4,488	-29,091	32,982	15,707	-6,459	-202,080	-7,516	16,827	123,794	220,008	-3,960	8,714	21,773	10,055	20,513	27,847	4,307	6,156	9,806	28,288	11,426	-327	5,115	4,742	3,488	2,167	5,875	18,016	1,808	13,651	-14,571	2,518	17,135	13,613	3,885	-23,855	4,106	14,295	8,420	14,324	-75,444	19,037
Net Income (Loss) Attributable to Parent
109,920	104,061	160,714	99,929	118,210	153,514	254,328	79,409	102,472	-3,691	-120,082	116,751	53,306	86,588	72,697	64,718	69,376	60,035	49,762	55,387	55,596	65,189	62,455	65,656	63,317	67,696	56,890	52,297	68,691	69,922	29,081	75,656	20,971	56,694	39,942	52,082	81,114	48,226	25,401	39,327	39,549	132,786	47,436
Net income per share:
Basic (in USD per share)
0.73	0.69	1.06	0.67	0.79	1.03	1.70	0.53	0.69	-0.02	-0.79	0.78	0.35	0.57	0.00	0.43	0.46	0.39	0.32	0.36	0.36	0.42	0.40	0.42	0.41	0.44	0.37	0.34	0.45	0.46	0.20	0.51	0.14	0.39	0.28	0.36	0.55	0.32	0.16	0.27	0.27	0.90	0.33
Diluted (in USD per share)
0.71	0.67	1.02	0.65	0.77	1.01	1.65	0.52	0.67	-0.02	-0.77	0.75	0.34	0.56	0.00	0.42	0.45	0.39	0.32	0.35	0.35	0.41	0.39	0.42	0.40	0.43	0.36	0.33	0.44	0.45	0.18	0.50	0.14	0.39	0.28	0.35	0.53	0.31	0.16	0.26	0.26	0.88	0.32
Shares used in computing per share amounts:
Basic (shares)
150,597	150,244	150,365	150,123	149,712	149,288	149,179	148,490	149,034	149,441	150,448	150,214	150,384	150,782	151,681	151,169	152,250	152,968	155,322	155,533	154,515	154,458	156,384	155,194	154,572	154,066	154,369	153,915	153,515	151,477	149,917	147,801	145,948	143,882	143,855	144,960	148,461	149,016	148,326	148,006	148,890	146,830	144,138
Diluted (shares)
154,379	154,504	155,595	154,600	153,904	152,661	158,350	152,614	153,167	149,441	155,519	154,683	154,861	154,433	155,175	153,890	154,536	155,283	158,987	158,584	157,483	157,206	159,380	157,622	157,082	156,756	158,211	157,056	156,606	154,531	154,066	150,644	149,297	147,113	147,190	148,045	152,593	153,640	153,268	151,106	152,482	150,788	146,063
Time-based products
Total revenue
590,097	556,439	548,375	537,569	558,305	553,716	605,561	570,053	556,770	570,933	527,821	503,530	501,096	489,365	483,162	479,285	484,175	464,280	467,535	445,807	447,844	431,026	443,620	431,184	424,185	400,146	412,926	387,088	413,491	385,959	367,038	362,788	363,580	355,894	323,824	322,147	318,762	295,609	310,708	286,563	288,672	272,475	285,622
Cost of revenue
108,207	117,784	112,964	113,533	116,010	116,620	113,400	115,437	108,199	111,394	108,221	107,104	100,907	96,971	92,946	92,042	85,444	76,393	84,983	77,516	70,350	70,784	69,648	68,573	67,302	62,825	72,992	69,857	61,569	64,492	60,082	57,415	57,592	57,722	51,632	52,089	51,146	50,523	50,105	43,996	44,930	41,214	44,173
Upfront products
Total revenue
129,765	150,721	168,325	177,552	143,401	130,513	66,555	99,579	99,960	91,604	74,894	100,251	83,450	79,609	79,652	66,885	58,163	43,437	57,654	48,878	44,313	46,480	33,894	31,594	36,297	33,972	36,493	39,957	24,779	30,789	28,869	25,423	22,333	28,512	19,969	19,013	25,014	26,535	20,807	14,650	12,715	20,446	17,751
Maintenance and service
Total revenue
141,465	127,221	134,381	137,849	134,536	136,172	122,966	110,082	120,106	106,889	93,929	91,600	95,523	83,812	70,905	69,034	62,667	60,887	61,970	61,120	65,047	64,537	61,498	59,034	57,215	44,833	55,456	55,900	60,987	58,389	58,306	55,536	46,648	41,090	46,741	45,635	49,894	42,500	43,944	35,716	36,719	37,246	41,804
Cost of revenue
62,213	61,915	56,083	59,496	59,788	58,829	52,760	49,790	50,130	50,754	42,254	43,828	41,487	37,303	26,691	23,172	21,631	22,525	22,998	25,251	29,010	27,983	25,161	20,685	21,109	20,271	21,264	19,253	19,766	20,055	19,430	21,218	19,215	18,744	20,445	19,275	19,974	20,547	18,271	14,697	15,268	16,510	17,410