Stock Analysis on Net

Cadence Design Systems Inc. (NASDAQ:CDNS)

Statement of Comprehensive Income

Cadence Design Systems Inc., consolidated statement of comprehensive income

US$ in thousands

Microsoft Excel
12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 28, 2019
Net income 1,041,144 848,952 695,955 590,644 988,979
Foreign currency translation adjustments (4,815) (59,310) (15,423) 18,373 (8,642)
Changes in defined benefit plan liabilities 1,566 984 (463) 1,128 (3,504)
Unrealized gains on investments 132
Other comprehensive income (loss), net of tax effects (3,117) (58,326) (15,886) 19,501 (12,146)
Comprehensive income 1,038,027 790,626 680,069 610,145 976,833

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-28).

Comprehensive income item Description The company
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Cadence Design Systems Inc. net income increased from 2021 to 2022 and from 2022 to 2023.
Comprehensive income Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Exclude changes in equity resulting from investments by owners and distributions to owners. Cadence Design Systems Inc. comprehensive income increased from 2021 to 2022 and from 2022 to 2023.