Summary
This filing is an amendment to Synopsys Inc.'s (SNPS) 2004 Form 10-K, specifically addressing Item 9A concerning controls and procedures. The amendment clarifies disclosures related to the company's disclosure controls and procedures as of October 31, 2004. Management, including the CEO and CFO, concluded that these controls were designed and operated effectively to provide reasonable assurance regarding the accuracy and timeliness of financial reporting and disclosures required under the Securities Exchange Act. While this amendment primarily focuses on internal controls, the original filing (filed January 12, 2005, for the fiscal year ending October 31, 2004) would contain the broader financial performance data. The market capitalization as of the second fiscal quarter of 2005 was substantial, approximately $2.97 billion, excluding shares held by affiliates and major shareholders, indicating a significant investor base. The filing confirms Synopsys is an accelerated filer, meeting the criteria for more frequent SEC reporting.
Key Highlights
- 1Amendment clarifies disclosures on Synopsys' disclosure controls and procedures as of October 31, 2004.
- 2Management, including CEO and CFO, concluded that disclosure controls and procedures were effective and operated at a reasonable assurance level.
- 3No material changes in internal controls over financial reporting occurred during the three months ended October 31, 2004.
- 4The company is an accelerated filer, subject to enhanced SEC reporting requirements.
- 5Aggregate market value of common equity held by non-affiliates was approximately $2.97 billion as of the last business day of the second fiscal quarter of 2005.
- 6Common stock and Preferred Share Purchase Rights are registered under Section 12(g) of the Exchange Act.
- 7The filing includes certifications from the CEO and CFO as required by SEC rules.