Common stock, par value

[Table of Contents](#i3944da1428384b81954c2cd4a4fd88bf_7)PART I – FINANCIAL INFORMATIONItem 1.Financial Statements:  
ANSYS, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED BALANCE SHEETS(Unaudited)

|  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |
| (in thousands, except share and per share data) | September 30,2022 |  | December 31,2021 |
| ASSETS |  |  |  |
| Current assets: |  |  |  |
| Cash and cash equivalents | $ | 632,509  |  |  | $ | 667,667  |  |
| Short-term investments | 194  |  |  | 361  |  |
| Accounts receivable, less allowance for doubtful accounts of $14,600 | 602,607  |  |  | 645,891  |  |
| Other receivables and current assets | 214,566  |  |  | 324,655  |  |
| Total current assets | 1,449,876  |  |  | 1,638,574  |  |
| Long-term assets: |  |  |  |
| Property and equipment, net | 77,748  |  |  | 87,914  |  |
| Operating lease right-of-use assets | 123,511  |  |  | 120,881  |  |
| Goodwill | 3,532,459  |  |  | 3,409,271  |  |
| Other intangible assets, net | 739,202  |  |  | 763,119  |  |
| Other long-term assets | 214,648  |  |  | 279,676  |  |
| Deferred income taxes | 24,196  |  |  | 24,879  |  |
| Total long-term assets | 4,711,764  |  |  | 4,685,740  |  |
| Total assets | $ | 6,161,640  |  |  | $ | 6,324,314  |  |
| LIABILITIES AND STOCKHOLDERS' EQUITY |  |  |  |
| Current liabilities: |  |  |  |
| Accounts payable | $ | 17,353  |  |  | $ | 10,863  |  |
| Accrued bonuses and commissions | 80,282  |  |  | 163,182  |  |
| Accrued income taxes | 16,461  |  |  | 8,410  |  |
|  |  |  |  |
| Other accrued expenses and liabilities | 160,693  |  |  | 204,509  |  |
| Deferred revenue | 334,901  |  |  | 391,528  |  |
| Total current liabilities | 609,690  |  |  | 778,492  |  |
| Long-term liabilities: |  |  |  |
| Deferred income taxes | 48,357  |  |  | 105,548  |  |
| Long-term operating lease liabilities | 109,706  |  |  | 104,378  |  |
| Long-term debt | 753,495  |  |  | 753,576  |  |
| Other long-term liabilities | 96,707  |  |  | 98,272  |  |
| Total long-term liabilities | 1,008,265  |  |  | 1,061,774  |  |
| Commitments and contingencies |  |  |  |
| Stockholders' equity: |  |  |  |
| Preferred stock, $0.01 par value; 2,000,000 shares authorized; zero shares issued or outstanding | —  |  |  | —  |  |
| Common stock, $0.01 par value; 300,000,000 shares authorized; 95,267,307 shares issued | 953  |  |  | 953  |  |
| Additional paid-in capital | 1,500,330  |  |  | 1,465,694  |  |
| Retained earnings | 4,524,983  |  |  | 4,259,220  |  |
| Treasury stock, at cost: 8,178,940 and 8,188,331 shares, respectively | (1,294,098) |  |  | (1,185,707) |  |
| Accumulated other comprehensive loss | (188,483) |  |  | (56,112) |  |
| Total stockholders' equity | 4,543,685  |  |  | 4,484,048  |  |
| Total liabilities and stockholders' equity | $ | 6,161,640  |  |  | $ | 6,324,314  |  |

  
The accompanying notes are an integral part of the condensed consolidated financial statements.3
