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10-K/APeriod: FY2015

CADENCE DESIGN SYSTEMS INC Annual Report (Amendment), Year Ended Jan 3, 2015

Filed July 13, 2015For Securities:CDNS

Summary

This 10-K/A filing from Cadence Design Systems Inc. (CDNS) for the period ending January 2, 2015, is an amendment to their original report, filed on July 12, 2015. The primary focus of this filing is the presentation of detailed financial statements and exhibits. Investors should note that this amendment primarily serves to provide the comprehensive financial picture for the fiscal year, including balance sheets, income statements, statements of comprehensive income, stockholders' equity, and cash flows for the three years ended January 3, 2015. The company's independent registered public accounting firm has provided their report on these financial statements, lending an element of assurance to the reported figures. While this amendment does not introduce new operational or strategic insights beyond what was likely in the original 10-K, it is crucial for understanding the company's financial health, performance trends, and cash management. Investors can analyze revenue growth, profitability, asset base, debt levels, and cash generation from this filing to make informed investment decisions. The absence of financial statement schedules indicates that all necessary information is contained within the main financial statements and their accompanying notes.

Financial Statements
Beta
Revenue$1.58B
Operating Expenses$1.37B
Operating Income$206.64M
Interest Expense$34.12M
Net Income$158.90M
EPS (Basic)$0.56
EPS (Diluted)$0.52
Shares Outstanding (Basic)283.35M
Shares Outstanding (Diluted)306.77M

Key Highlights

  • 1Amendment to the original 10-K filing for the fiscal year ending January 2, 2015, filed on July 12, 2015.
  • 2Includes the Report of Independent Registered Public Accounting Firm, providing assurance on the financial statements.
  • 3Presents Consolidated Balance Sheets as of January 3, 2015, and December 28, 2013.
  • 4Provides Consolidated Income Statements for the three fiscal years ended January 3, 2015.
  • 5Details Consolidated Statements of Comprehensive Income, Stockholders' Equity, and Cash Flows for the three fiscal years ended January 3, 2015.
  • 6Notes to Consolidated Financial Statements are included, offering crucial context and detail for the reported figures.
  • 7Confirms that all financial statement schedules are omitted as they are not applicable or are incorporated within the main statements and notes.

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