XML 42 R30.htm IDEA: XBRL DOCUMENT v3.20.2
Net Income Per Share (Tables)
 9 Months Ended
Sep. 26, 2020
Earnings Per Share [Abstract]  
Basic and diluted net income per share
The calculations for basic and diluted net income per share for the three and nine months ended September 26, 2020 and September 28, 2019 are as follows:
 Three Months Ended Nine Months Ended
 September 26,
2020		September 28,
2019		September 26,
2020		September 28,
2019
 (In thousands, except per share amounts)
Net income$161,630 $101,514 $416,906 $329,304 
Weighted average common shares used to calculate basic net income per share273,996 273,329 273,633 273,224 
Stock-based awards6,028 7,337 5,822 7,593 
Weighted average common shares used to calculate diluted net income per share280,024 280,666 279,455 280,817 
Net income per share - basic$0.59 $0.37 $1.52 $1.21 
Net income per share - diluted$0.58 $0.36 $1.49 $1.17 
Potential shares of Cadence's common stock excluded
The following table presents shares of Cadence’s common stock outstanding for the three and nine months ended September 26, 2020 and September 28, 2019 that were excluded from the computation of diluted net income per share because the effect of including these shares in the computation of diluted net income per share would have been anti-dilutive:
 Three Months Ended Nine Months Ended
 September 26,
2020		September 28,
2019		September 26,
2020		September 28,
2019
 (In thousands)
Long-term performance-based stock awards105 1,386 510 279 
Options to purchase shares of common stock23 — 258 476 
Non-vested shares of restricted stock21 1,276 75 1,000 
Total potential common shares excluded149 2,662 843 1,755