Inventory (Tables)

3 Months Ended

Mar. 31, 2023

Inventory Disclosure [Abstract]

Schedule of inventory

Cadence’s inventory balances as of March 31, 2023 and December 31, 2022 were as follows:

	As of
	March 31, 2023		December 31, 2022
	(In thousands)
Inventories:
Raw materials	$	117,975	$	113,982
Finished goods	9,591		14,023
Total inventories	$	127,566	$	128,005