STOCK-BASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2024

Share-Based Payment Arrangement [Abstract]

Stock-based compensation expense and allocation by cost

Stock-based compensation expense is reflected in Cadence’s condensed consolidated income statements for the three months ended March 31, 2024 and March 31, 2023 as follows:

	Three Months Ended
	March 31, 2024		March 31, 2023
	(In thousands)
Cost of product and maintenance	$	1,280	$	1,066
Cost of services	1,629		1,357
Marketing and sales	17,836		15,091
Research and development	53,637		44,322
General and administrative	13,747		12,452
Total stock-based compensation expense	$	88,129	$	74,288