Stock Based Compensation

3 Months Ended

Apr. 04, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

STOCK-BASED COMPENSATION

Stock-based compensation expense is reflected in Cadence’s condensed consolidated income statements for the three months ended April 4, 2015 and March 29, 2014 as follows:



	Three Months Ended
	April 4, 2015		March 29, 2014
	(In thousands)
Cost of product and maintenance	$	569	$	482
Cost of services	832		703
Marketing and sales	5,447		4,596
Research and development	11,377		9,667
General and administrative	3,636		3,416
Total stock-based compensation expense	$	21,861	$	18,864

Cadence had total unrecognized compensation expense, net of estimated forfeitures, related to stock option and restricted stock grants of $129.8 million as of April 4, 2015, which will be recognized over the remaining vesting period. The remaining weighted-average vesting period of unvested awards is 2.0 years.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

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