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Net Income Per Share | 3 Months Ended
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Jan. 31, 2024
Earnings Per Share [Abstract] |
Net Income Per Share | Net Income Per Share 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 |  |  |  |  |

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