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, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Net income 1,055,484 1,041,144 848,952 695,955 590,644
Foreign currency translation adjustments (87,933) (4,815) (59,310) (15,423) 18,373
Changes in defined benefit plan liabilities (239) 1,566 984 (463) 1,128
Unrealized gains (losses) on derivatives designated as hedging instruments (7,038)
Unrealized gains (losses) on investments (484) 132
Other comprehensive income (loss), net of tax effects (95,694) (3,117) (58,326) (15,886) 19,501
Comprehensive income 959,790 1,038,027 790,626 680,069 610,145

Based on: 10-K (reporting date: 2024-12-31), 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).

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 2022 to 2023 and from 2023 to 2024.
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 2022 to 2023 but then slightly decreased from 2023 to 2024.