Stock Based Compensation

6 Months Ended

Jul. 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 and six months ended July 4, 2015 and June 28, 2014 as follows:



	Three Months Ended				Six Months Ended
	July 4, 2015		June 28, 2014		July 4, 2015		June 28, 2014
	(In thousands)
Cost of product and maintenance	$	558	$	485	$	1,127	$	967
Cost of services	815		709		1,647		1,412
Marketing and sales	5,236		4,560		10,683		9,156
Research and development	11,401		9,701		22,778		19,368
General and administrative	3,693		3,622		7,329		7,038
Total stock-based compensation expense	$	21,703	$	19,077	$	43,564	$	37,941

Cadence had total unrecognized compensation expense, net of estimated forfeitures, related to stock option and restricted stock grants of $114.9 million as of July 4, 2015, which will be recognized over the remaining vesting period. The remaining weighted-average vesting period of unvested awards is 1.9 years.