Stock Analysis on Net
Stock Analysis on Net

Cadence Design Systems Inc. (NASDAQ:CDNS)

This company has been moved to the archive! The financial data has not been updated since July 24, 2023.

Statement of Comprehensive Income 

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Cadence Design Systems Inc., consolidated statement of comprehensive income

US$ in thousands

Microsoft Excel
12 months ended: Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 28, 2019 Dec 29, 2018
Net income 848,952 695,955 590,644 988,979 345,777
Foreign currency translation adjustments (59,310) (15,423) 18,373 (8,642) (17,885)
Changes in defined benefit plan liabilities 984 (463) 1,128 (3,504) (627)
Other comprehensive income (loss), net of tax effects (58,326) (15,886) 19,501 (12,146) (18,512)
Comprehensive income 790,626 680,069 610,145 976,833 327,265

Based on: 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), 10-K (reporting date: 2018-12-29).

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 2020 to 2021 and from 2021 to 2022.
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 2020 to 2021 and from 2021 to 2022.