Stock Repurchase Program (Tables)

9 Months Ended

Oct. 01, 2022

Class of Stock Disclosures [Abstract]

Shares repurchased and the total cost of shares repurchased

The shares repurchased under Cadence’s repurchase authorizations and the total cost of repurchased shares, including commissions, during the three and nine months ended October 1, 2022 and October 2, 2021 were as follows:

	Three Months Ended				Nine Months Ended
	October 1, 2022*		October 2, 2021		October 1, 2022		October 2, 2021
	(In thousands)
Shares repurchased	959		723		4,664		3,766
Total cost of repurchased shares	$	180,013	$	110,011	$	750,062	$	502,301

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* Includes 109,365 shares and $30.0 million equity forward contract from the June 2022 ASR settled in September 2022.