Cash, Cash Equivalents and Investments (Tables)

3 Months Ended

Apr. 01, 2017

Cash, Cash Equivalents and Investments [Abstract]

Summary of cash, cash equivalents and short-term investments

Cadence’s cash, cash equivalents and short-term investments at fair value as of April 1, 2017 and December 31, 2016 were as follows:

	As of
	April 1, 2017		December 31, 2016
	(In thousands)
Cash and cash equivalents	$	544,128	$	465,232
Short-term investments	3,479		3,057
Cash, cash equivalents and short-term investments	$	547,607	$	468,289

Summary of cash and cash equivalents

The following table summarizes Cadence’s cash and cash equivalents at fair value as of April 1, 2017 and December 31, 2016:

	As of
	April 1, 2017		December 31, 2016
	(In thousands)
Cash and interest bearing deposits	$	162,923	$	227,508
Money market funds	381,205		237,724
Total cash and cash equivalents	$	544,128	$	465,232

Summary of short-term investments

The following tables summarize Cadence’s short-term investments as of April 1, 2017 and December 31, 2016:

	As of April 1, 2017
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
	(In thousands)
Marketable equity securities	$	2,088	$	1,391	$	—	$	3,479

	As of December 31, 2016
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
	(In thousands)
Marketable equity securities	$	2,131	$	926	$	—	$	3,057