Net Income per Share

6 Months Ended

Apr. 30, 2023

Net Income Per ShareWe compute basic net income per share by dividing net income available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted net income per share reflects the dilution from potential common shares outstanding such as stock options and unvested RSUs and awards during the period using the treasury stock method.

The table below reconciled the weighted average common shares used to calculate basic net income per share with the weighted average common shares used to calculate diluted net income per share:


	Three Months Ended April 30,				Six Months Ended April 30,
	2023		2022		2023		2022
	(in thousands, except per share amounts)
Numerator:
Net income attributed to Synopsys	$	272,910	$	294,781	$	544,446	$	608,468
Denominator:
Weighted average common shares for basic net income per share	152,187		153,090		152,294		153,154
Dilutive effect of common share equivalents	2,543		3,077		2,750		3,661
Weighted average common shares for diluted net income per share	154,730		156,167		155,044		156,815
Net income per share attributed to Synopsys:
Basic	$	1.79	$	1.93	$	3.57	$	3.97
Diluted	$	1.76	$	1.89	$	3.51	$	3.88
Anti-dilutive employee stock-based awards excluded	480		1,259		402		986