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Stock Repurchase Programs
9 Months Ended
Oct. 01, 2011
Stock Repurchase Programs [Abstract] 
STOCK REPURCHASE PROGRAMS

NOTE 13. STOCK REPURCHASE PROGRAMS

Cadence’s Board of Directors has authorized the following programs to repurchase shares of Cadence’s common stock in the open market, which remained in effect on October 1, 2011:

                 

Authorization Date

  Amount     Remaining
Authorization
 
    (In thousands)  

February 2008

  $ 500,000     $ 314,389  

August 2008

  $ 500,000       500,000  
           

 

 

 

Total remaining authorization

          $ 814,389  
           

 

 

 

The shares repurchased under Cadence’s stock repurchase programs and the total cost of repurchased shares during the nine months ended October 1, 2011 and October 2, 2010 were as follows:

                 
    Nine
Months Ended
 
    October 1,
2011
    October 2,
2010
 
    (In thousands)  

Shares repurchased

    —         6,493  

Total cost of repurchased shares

  $ —       $ 39,997