Financial Statements

Cadence Design Systems, Inc. (CDNS)

$185.63

+3.15 (+1.73%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2022 2021 2019 2018 2017
Retained Earnings (Previous Year) 2,350-773341-
Net Income 696591989346204
Stock Dividends -1,760-86137
Dividend Paid -----
Retained Earnings 3,0462,3501,762773341

PPE Schedule

Year 2022 2021 2019 2018 2017
Gross PPE 444-253251-
Annual Depreciation 5853919863309
Capital Expenditure -67-95-75-62-58
Net PPE 436444376253251

Intangible and Goodwill Schedule

Year 2022 2021 2019 2018 2017
Intangible and Goodwill (Previous Year) -666662-782
New Purchases --116-34--
Intangible and Goodwill 666662662782928

Cadence Design Systems, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Cadence Design Systems, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.