INVENTORY (Tables)

3 Months Ended

Mar. 31, 2024

Inventory Disclosure [Abstract]

Schedule of inventory

Cadence’s inventory balances as of March 31, 2024 and December 31, 2023 were as follows:

	As of
	March 31, 2024		December 31, 2023
	(In thousands)
Inventories:
Raw materials	$	163,531	$	162,754
Work-in-process	626		—
Finished goods	21,627		18,907
Total inventories	$	185,784	$	181,661