Stock Based Compensation

6 Months Ended

Jul. 02, 2016

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 2, 2016 and July 4, 2015 as follows:



	Three Months Ended				Six Months Ended
	July 2, 2016		July 4, 2015		July 2, 2016		July 4, 2015
	(In thousands)
Cost of product and maintenance	$	447	$	558	$	911	$	1,127
Cost of services	653		815		1,334		1,647
Marketing and sales	5,305		5,236		10,841		10,683
Research and development	14,477		11,401		28,374		22,778
General and administrative	4,474		3,693		8,528		7,329
Total stock-based compensation expense	$	25,356	$	21,703	$	49,988	$	43,564

Cadence had total unrecognized compensation expense related to stock option and restricted stock grants of $148.6 million as of July 2, 2016, which will be recognized over the remaining vesting period. The remaining weighted-average vesting period of unvested awards is 2.2 years.

For information regarding the impact of new accounting standards impacting stock-based compensation, see Note 1 under the heading “New Accounting Standards.”