Stock Based Compensation

9 Months Ended

Sep. 28, 2019

Share-based Payment Arrangement [Abstract]

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION

Stock-based compensation expense is reflected in Cadence’s condensed consolidated income statements for the three and nine months ended September 28, 2019 and September 29, 2018 as follows:

	Three Months Ended				Nine Months Ended
	September 28, 2019		September 29, 2018		September 28, 2019		September 29, 2018
	(In thousands)
Cost of product and maintenance	$	731	$	736	$	2,064	$	1,932
Cost of services	931		1,078		2,626		2,825
Marketing and sales	10,424		9,528		29,039		25,410
Research and development	30,458		28,668		85,015		77,003
General and administrative	5,735		6,254		16,045		17,951
Total stock-based compensation expense	$	48,279	$	46,264	$	134,789	$	125,121

Cadence had total unrecognized compensation expense related to stock option and restricted stock grants of $325.1 million as of September 28, 2019, which will be recognized over the remaining vesting period. The remaining weighted-average vesting period of unvested awards is 2.2 years.