XML 32 R22.htm IDEA: XBRL DOCUMENT
v3.23.1

Stock Repurchase Program | 6 Months Ended
--- | ---
Apr. 30, 2023
Stock Repurchase Program [Abstract] |
Stock Repurchase Program | Stock Repurchase Program In September 2022, our Board of Directors approved a replenishment of our stock repurchase program (the Program) with authorization to purchase up to $1.5 billion of our common stock. In February 2023, we entered into an accelerated stock repurchase agreement (the February 2023 ASR) to repurchase an aggregate of $300.0 million of our common stock. Pursuant to the February 2023 ASR, we made a prepayment of $300.0 million to receive initial deliveries of shares valued at $255.0 million. The remaining balance of $45.0 million was settled in May 2023. Total shares purchased under the February 2023 ASR were approximately 0.8 million shares, at an average purchase price of $364.1 per share. As of April 30, 2023, $794.3 million remained available for future repurchases under the Program. Stock repurchase activities as well as the reissuance of treasury stock for employee stock-based compensation purposes were as follows:
| Three Months Ended April 30, |  | Six Months Ended April 30,
| 2023(1) (2) |  | 2022(3) |  | 2023(1) |  | 2022
| (in thousands)
Total shares repurchased | 825 |  |  | 984 |  |  | 1,631 |  |  | 1,685 |
Total cost of the repurchased shares | $ | 300,000 |  |  | $ | 290,000 |  |  | $ | 560,724 |  |  | $ | 535,000 |
Reissuance of treasury stock | 696 |  |  | 683 |  |  | 1,507 |  |  | 1,578 |
(1) Excluded the 105,792 shares and $45.0 million equity forward contract from the February 2023 ASR settled in May 2023. (2) Included the 107,020 shares and $45.0 million equity forward contract from the December 2022 ASR settled in February 2023. (3) Included the 161,215 shares and $40.0 million equity forward contract from the December 2021 ASR settled in February 2022.

X
- Definition Stock Repurchase Program + References No definition available. + Details
Name: | snps_StockRepurchaseProgramAbstract
Namespace Prefix: | snps_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -URI https://asc.fasb.org/subtopic&trid=2208821 + Details
Name: | us-gaap_TreasuryStockTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration