SYNAPTICS Inc
For the period ended Mar 29, 2025. Filed May 8, 2025.
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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 29, 2025 · Filed May 8, 2025
SYNA$117.70+0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows—
(in millions)
| Nine Months Ended | ||
|---|---|---|
| March | ||
| 2025 | 2024 | |
| Cash flows from operating activities | ||
| Net loss | $(43.1) | $(82.7) |
| Adjustments to reconcile net loss to net cash provided by operating activities: | ||
| Share-based compensation costs | 81.7 | 92.3 |
| Depreciation and amortization | 21.8 | 20.8 |
| Acquired intangibles amortization | 80.2 | 59.9 |
| Deferred taxes | (53.3) | (17.7) |
| Intangible asset impairment charges | 13.8 | — |
| Other | 16.8 | 21.5 |
| Changes in operating assets and liabilities, net of acquisitions: | ||
| Accounts receivable, net | 10.6 | 20.1 |
| Inventories, net | (17.5) | 8.7 |
| Prepaid expenses and other current assets | 2.8 | 1.5 |
| Other assets | 15.3 | 2.9 |
| Accounts payable | 3.3 | 22.8 |
| Accrued compensation | 19.1 | (20.3) |
| Income taxes payable | (43.0) | (46.9) |
| Other accrued liabilities | (23.7) | (12.0) |
| Net cash provided by operating activities | 84.8 | 70.9 |
| Cash flows from investing activities | ||
| Acquisition of business, net of cash and cash equivalents acquired | (198.8) | — |
| Proceeds from maturity of investments | — | 26.0 |
| Purchases of short-term investments | (61.0) | (16.6) |
| Purchases of property and equipment | (19.2) | (26.1) |
| Purchase of intangible assets | (10.0) | (13.5) |
| Advance payment on intangible assets | — | (116.5) |
| Net cash used in investing activities | (289.0) | (146.7) |
| Cash flows from financing activities | ||
| Proceeds from issuance of convertible senior notes, net of issuance costs | 439.5 | — |
| Payment of debt issuance costs on convertible senior notes and revolving credit facility | (4.4) | — |
| Payments for capped call transactions related to the convertible senior notes | (49.9) | — |
| Repurchases of common stock, excluding excise taxes | (112.3) | — |
| Proceeds from issuance of shares | 13.9 | 15.9 |
| Payroll taxes related to net share settlement of share-based awards | (17.2) | (33.7) |
| Repayment of debt | (583.5) | (6.0) |
| Other | 0.9 | 3.4 |
| Net cash used in financing activities | (313.0) | (20.4) |
| Effect of exchange rate changes on cash and cash equivalents | 0.7 | (0.4) |
| Net decrease in cash and cash equivalents | (516.5) | (96.6) |
| Cash and cash equivalents, beginning of period | 876.9 | 924.7 |
| Cash and cash equivalents, end of period | $360.4 | $828.1 |
| Supplemental disclosure of non-cash transactions | ||
| Deferred payment of purchase consideration | $3.2 | $— |
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