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Stock Based Compensation
9 Months Ended
Oct. 01, 2022
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 October 1, 2022 and October 2, 2021 as follows:
Three Months Ended Nine Months Ended
October 1,
2022
October 2,
2021
October 1,
2022
October 2,
2021
(In thousands)
Cost of product and maintenance$1,046 $885 $2,751 $2,601 
Cost of services1,331 1,158 3,494 3,177 
Marketing and sales14,991 10,784 39,650 32,284 
Research and development43,327 32,957 115,516 97,101 
General and administrative12,756 6,962 35,779 20,697 
Total stock-based compensation expense$73,451 $52,746 $197,190 $155,860 
Cadence had total unrecognized compensation expense related to stock option and restricted stock grants of $534.9 million as of October 1, 2022, which will be recognized over the remaining vesting period. The remaining weighted average vesting period of unvested awards is 2.4 years.