Stock Repurchase Programs

12 Months Ended

Dec. 31, 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 December 31, 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 fiscal 2011, fiscal 2010 and fiscal 2009 were as follows:

	2011		2010		2009
	(In thousands)
Shares repurchased		----		6,493		----
Total cost of repurchased shares	$	----	$	39,997	$	----