Stock Repurchase Program (Tables)

9 Months Ended

Sep. 30, 2023

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 September 30, 2023 and October 1, 2022 were as follows:

	Three Months Ended				Nine Months Ended
	September 30, 2023*		October 1, 2022**		September 30, 2023		October 1, 2022
	(In thousands)
Shares repurchased	811		959		2,657		4,664
Total cost of repurchased shares	$	185,008	$	180,013	$	575,127	$	750,062

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*Includes 276 thousand shares and $60 million equity forward contract from the June 2023 ASR settled in August 2023.

**Includes 109 thousand shares and $30 million equity forward contract from the June 2022 ASR settled in September 2022.