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Stock Repurchase Programs
12 Months Ended
Dec. 28, 2013
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 28, 2013:
 
 
 
Remaining
Authorization Date
Amount
 
Authorization
 
(In thousands)
February 2008
$
500,000

 
$
314,389

August 2008
500,000

 
500,000

     Total remaining authorization
 
 
$
814,389


As described in Note 3, Cadence's revolving credit facility restricts certain payments, including share repurchases. There were no shares repurchased under Cadence's stock repurchase programs during fiscal 2013, 2012 or 2011.