Lease Commitments

12 Months Ended

Dec. 31, 2011

Lease Commitments [Abstract]

LEASE COMMITMENTS

NOTE 17. LEASE COMMITMENTS

Equipment and facilities are leased under various operating leases expiring at various dates through 2025. Certain of these leases contain renewal options and escalating rent payments. Rental expense is recognized on a straight-line basis and was as follows:

	2011		2010		2009
	(In thousands)
Rent expense	$	20,633	$	21,797	$	27,307

As of December 31, 2011, future minimum lease payments under non-cancelable operating leases were as follows:

	Operating Leases		Sub-lease Income			Net Operating Leases
	(In thousands)
For the fiscal years:
2012	$	21,156	$	(748	)	$	20,408
2013		17,176		(505	)		16,671
2014		12,109		(475	)		11,634
2015		10,311		(331	)		9,980
2016		8,687		(123	)		8,564
Thereafter		13,692		(51	)		13,641
Total lease payments	$	83,131	$	(2,233	)	$	80,898

Of the $80.9 million in net operating lease payments, $5.0 million was accrued as part of Cadence’s restructuring plans as of December 31, 2011 and will be charged against the restructuring accrual as paid.