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Stock Repurchase Programs
12 Months Ended
Dec. 29, 2012
Equity [Abstract]  
STOCK REPURCHASE PROGRAMS
STOCK REPURCHASE PROGRAMS

Cadence's Board of Directors has authorized the following programs to repurchase shares of Cadence's common stock in the open market, which remained in effect on December 29, 2012:
 
 
 
Remaining
Authorization Date
Amount
 
Authorization
 
(In thousands)
February 2008
$
500,000

 
$
314,389

August 2008
500,000

 
500,000

     Total remaining authorization
 
 
$
814,389



The shares repurchased under Cadence's stock repurchase programs and the total cost of repurchased shares during fiscal 2012, 2011 and 2010 were as follows:
 
2012
 
2011
 
2010
 
(In thousands)
Shares repurchased

 

 
6,493

Total cost of repurchased shares
$

 
$

 
$
39,997