10-K405/A

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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
 
                                   FORM 10-K/A
 
(Mark One)
 
   /X/          ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF
               THE SECURITIES EXCHANGE ACT OF 1934 [FEE REQUIRED]
 
                  For the fiscal year ended December 28, 1996
 
   / /        TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF
             THE SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED]
          For the transition period from ____________ to ____________
 
                         COMMISSION FILE NUMBER 1-10606
 
                          CADENCE DESIGN SYSTEMS, INC.
 
             (Exact name of registrant as specified in its charter)
 
                            
          DELAWARE                        77-0148231
- -----------------------------  --------------------------------
(State or other jurisdiction   (I.R.S. Employer Identification
     of incorporation or                     No.)
        organization)


 
               555 RIVER OAKS PARKWAY, SAN JOSE, CALIFORNIA 95134
          (Address of principal executive offices, including Zip Code)
 
                                 (408) 943-1234
              (Registrant's telephone number, including area code)
 
          Securities registered pursuant to Section 12(b) of the Act:
 
                                   
    COMMON STOCK $.01 PAR VALUE
             PER SHARE                        NEW YORK STOCK EXCHANGE
- ------------------------------------  ---------------------------------------
                                          Name of each exchange on which
        Title of each class                         registered


 
      Securities registered pursuant to Section 12(g) of the Act:    NONE
 
Indicate by check mark whether the Registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.
 
                             /X/ Yes    / / No
 
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K is not contained herein and will not be contained, to the best
of Registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K. / /
 
      Aggregate market value of the voting stock held on March 3, 1997 by
                                 non-affiliates
                       of the registrant: $2,837,562,594
 
   Number of shares of common stock outstanding at March 3, 1997: 88,596,639
 
                      DOCUMENTS INCORPORATED BY REFERENCE
 
None

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                          CADENCE DESIGN SYSTEMS, INC.
 
                                 FORM 10-K/A 
 
                               TABLE OF CONTENTS
 
 
PART IV.
 
Item 14.      Exhibits, Financial Statements, Schedules and Reports on Form 8-K




                                   SIGNATURES
 
    Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, Cadence Design Systems, Inc. has duly caused this report
to be signed on its behalf by the undersigned, thereunto duly authorized, 
July 29, 1997.
 
                                                    CADENCE DESIGN SYSTEMS, INC.
 
                                             
                                                /s/ JOSEPH B. COSTELLO
                                                -------------------------------------------
                                                Joseph B. Costello
                                                President & Chief Executive Officer


                                                /s/ H. RAYMOND BINGHAM
                                                -------------------------------------------
                                                H. Raymond Bingham
                                                Executive Vice President and 
                                                Chief Financial Officer








  EXHIBIT
  NUMBER                                             EXHIBIT TITLE                                             LOCATION
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   PART IV   Item 14, Exhibits, Financial Statements, Schedules and Reports 
             on Form 8-K 

     (a)3.   Exhibits

      27.1   Financial data schedule for the period ended December 28, 1996.                                          79





                                       61

EX-27.1

 


<ARTICLE> 5
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-28-1996
<PERIOD-END>                               DEC-28-1996
<CASH>                                         284,512
<SECURITIES>                                     1,015
<RECEIVABLES>                                  148,449
<ALLOWANCES>                                     8,772
<INVENTORY>                                      8,133
<CURRENT-ASSETS>                               491,135
<PP&E>                                         288,231
<DEPRECIATION>                                 127,304
<TOTAL-ASSETS>                                 717,001
<CURRENT-LIABILITIES>                          231,578
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       277,793
<OTHER-SE>                                     149,755
<TOTAL-LIABILITY-AND-EQUITY>                   717,001
<SALES>                                        741,459
<TOTAL-REVENUES>                               741,459
<CGS>                                          153,473
<TOTAL-COSTS>                                  153,473
<OTHER-EXPENSES>                               496,727
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               1,913
<INCOME-PRETAX>                                 90,477
<INCOME-TAX>                                    61,439
<INCOME-CONTINUING>                             29,038
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    29,038
<EPS-PRIMARY>                                     0.32
<EPS-DILUTED>                                     0.32