CADENCE DESIGN SYSTEMS INC
For the period ended Mar 31, 2024. Filed Apr 24, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed Apr 24, 2024
CDNS$319.92+2.7%Stored close · as of Nov 6, 2026
Contents
Condensed Consolidated Balance Sheets as of March 31, 2024 and December 31, 2023
CONDENSED CONSOLIDATED BALANCE SHEETS
| As of | ||
|---|---|---|
| March 31,2024 | December 31,2023 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $1,012,418 | $1,008,152 |
| Receivables, net | 389,865 | 489,224 |
| Inventories | 185,784 | 181,661 |
| Prepaid expenses and other | 341,865 | 297,180 |
| Total current assets | 1,929,932 | 1,976,217 |
| Property, plant and equipment, net | 433,016 | 403,213 |
| Goodwill | 1,575,107 | 1,535,845 |
| Acquired intangibles, net | 334,644 | 336,843 |
| Deferred taxes | 886,576 | 880,001 |
| Other assets | 562,855 | 537,372 |
| Total assets | $5,722,130 | $5,669,491 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Current portion of long-term debt | $349,507 | $349,285 |
| Accounts payable and accrued liabilities | 456,608 | 576,558 |
| Current portion of deferred revenue | 659,628 | 665,024 |
| Total current liabilities | 1,465,743 | 1,590,867 |
| Long-term liabilities: | ||
| Long-term portion of deferred revenue | 87,003 | 98,931 |
| Long-term debt | 299,805 | 299,771 |
| Other long-term liabilities | 301,983 | 275,651 |
| Total long-term liabilities | 688,791 | 674,353 |
| Commitments and contingencies (Note 14) | ||
| Stockholders’ equity: | ||
| Common stock and capital in excess of par value | 3,331,547 | 3,166,964 |
| Treasury stock, at cost | (4,840,181) | (4,604,323) |
| Retained earnings | 5,184,027 | 4,936,384 |
| Accumulated other comprehensive loss | (107,797) | (94,754) |
| Total stockholders’ equity | 3,567,596 | 3,404,271 |
| Total liabilities and stockholders’ equity | $5,722,130 | $5,669,491 |
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