Net Income Per Share

3 Months Ended

Jan. 31, 2024

We 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 reconciles 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 January 31,
	2024		2023
	(in thousands, except per share amounts)
Numerator:
Net income attributed to Synopsys	$	449,112	$	271,536
Denominator:
Weighted average common shares for basic net income per share	152,311		152,401
Dilutive effect of common share equivalents from equity-based compensation	3,023		2,675
Weighted average common shares for diluted net income per share	155,334		155,076
Net income per share attributed to Synopsys:
Basic	$	2.95	$	1.78
Diluted	$	2.89	$	1.75
Anti-dilutive employee stock-based awards excluded	702		527