Income Taxes Income Taxes (Tables)

6 Months Ended

Jun. 29, 2013

Unrecognized Tax Benefits [Abstract]

The changes in Cadence's gross amount of unrecognized tax benefits during the six months ended June 29, 2013 are as follows:



	Unrecognized tax benefits
	(In thousands)
Unrecognized tax benefits as of December 29, 2012	$	92,378
Gross amount of the increases (decreases) in unrecognized tax benefits of tax positions taken during a prior year	1,025
Gross amount of the increases (decreases) in unrecognized tax benefits as a result of tax positions taken during the current year	13,262
Amount of decreases in unrecognized tax benefits relating to settlements with taxing authorities, including the utilization of tax attributes	(13,635		)
Reductions to unrecognized tax benefits resulting from the lapse of the applicable statute of limitations	(12,044		)
Effect of foreign currency translation	155
Unrecognized tax benefits as of June 29, 2013	$	81,141

Total amounts of unrecognized tax benefits that, if upon resolution of the uncertain tax positions would reduce Cadence's effective tax rate as of June 29, 2013	45,127

Interest and penalties recognized in the condensed consolidated income statements

The total amounts of interest and penalties recognized in the condensed consolidated income statements as provision (benefit) for income taxes for the three and six months ended June 29, 2013 and June 30, 2012 were as follows:



	Three Months Ended						Six Months Ended
	June 29, 2013			June 30, 2012			June 29, 2013			June 30, 2012
	(In thousands)
Interest	$	(14	)	$	1,194		$	(13,459	)	$	1,763
Penalties	1,347			(6		)	(6,959		)	(975		)

Interest and penalties recognized in the condensed consolidated balance sheets

The total amounts of gross accrued interest and penalties recognized in the condensed consolidated balance sheets as of June 29, 2013 and December 29, 2012 were as follows:



	As of
	June 29, 2013		December 29, 2012
	(In thousands)
Interest	$	3,096	$	24,427
Penalties	1,964		8,953

- Definition

Tabular disclosure of income tax examinations that an enterprise is currently subject to or that have been completed in the current period typically including a description of the examination, the jurisdiction conducting the examination, the tax year(s) under examination, the likelihood of an unfavorable settlement, the range of possible losses, the liability recorded, the increase or decrease in the liability from the prior period, and any penalties and interest that have been recorded.

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