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Acquisitions and Acquisition-Related Contingent Consideration (Tables)
12 Months Ended
Dec. 28, 2013
Business Combinations [Abstract]  
Schedule of identified assets acquired and liabilities assumed
The following table summarizes the fair value of assets acquired and liabilities assumed as part of the acquisitions completed during fiscal 2013:
 
(In thousands)
 
Tensilica
 
Cosmic
 
Other
Cash and cash equivalents
$
26,331

 
$
1,724

 
$
149

Trade receivables
4,454

 
668

 

Property, plant and equipment
1,938

 
185

 
91

Other assets
46,832

 
1,681

 

Acquired intangibles:
 
 
 
 
 
Existing technology
102,000

 
16,300

 
2,014

Agreements and relationships
33,000

 
5,100

 
1,667

Tradenames and trademarks
3,000

 

 

In-process technology
5,300

 
4,200

 
1,200

Goodwill
176,461

 
41,911

 
9,587

Total assets acquired
$
399,316

 
$
71,769

 
$
14,708

Deferred revenue
(8,100
)
 
(129
)
 

Other liabilities
(4,959
)
 
(1,982
)
 
(277
)
Long-term deferred tax liabilities
(40,147
)
 
(8,428
)
 

Net assets acquired
$
346,110

 
$
61,230

 
$
14,431

Pro forma financial information
The financial information in the table below summarizes the combined results of operations of Cadence and Tensilica, on a pro forma basis, as though the companies had been combined as of the beginning of fiscal 2012. Pro forma results of operations for the other acquisitions completed during fiscal 2013 have not been presented because the effects of these acquisitions, individually and in the aggregate, would not have been material to Cadence's financial results. The pro forma financial information for Tensilica is presented for informational purposes only and is not indicative of the results of operations that would have been achieved if the acquisition had taken place on December 31, 2011 or of results that may occur in the future.
 
 
 
2013
 
2012
 
(In thousands)
Total revenue
$
1,480,273

 
$
1,358,158

Net income
$
173,528

 
$
392,744