Net Income (Loss) Per Share (Tables)

6 Months Ended

Jul. 02, 2011

Net Income per Share [Abstract]

Basic and diluted net income per share

	Three Months Ended				Six Months Ended
	July 2,		July 3,		July 2,		July 3,
	2011		2010		2011		2010
	(In thousands, except per share amounts)
Net income	$	26,908	$	48,607	$	33,231	$	36,822
Weighted average common shares used to calculate basic net income per share		263,191		262,163		262,362		262,380
2023 Notes		11		11		11		11
Options		3,766		1,482		3,487		1,275
Restricted stock		3,740		2,522		3,744		2,658
Employee stock purchase plan (ESPP)		177		245		128		215
Weighted average common shares used to calculate diluted net income per share		270,885		266,423		269,732		266,539
Basic net income per share	$	0.10	$	0.19	$	0.13	$	0.14
Diluted net income per share	$	0.10	$	0.18	$	0.12	$	0.14

Potential shares of Cadence's common stock excluded

	Three Months Ended				Six Months Ended
	July 2,		July 3,		July 2,		July 3,
	2011		2010		2011		2010
	(In thousands)
2015 Warrants (various expiration dates through 2015)		46,382		46,382		46,382		46,382
Options to purchase shares of common stock (various expiration dates through 2021)		18,812		22,209		18,564		23,441
Convertible Senior Note Warrants (various expiration dates through 2014)		14,184		14,184		14,184		14,184
Non-vested shares of restricted stock		9		2,156		25		3,460
Total potential common shares excluded		79,387		84,931		79,155		87,467