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Stock Repurchase Program | 6 Months Ended
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Jun. 27, 2020
Class of Stock Disclosures [Abstract] |
STOCK REPURCHASE PROGRAM | STOCK REPURCHASE PROGRAM In February 2019, Cadence’s Board of Directors authorized the repurchase of $500 million of Cadence common stock. The actual timing and amount of repurchases are subject to business and market conditions, corporate and regulatory requirements, stock price, acquisition opportunities and other factors. As of June 27, 2020, approximately $194 million remained available to repurchase shares of Cadence common stock. The shares repurchased under Cadence’s repurchase authorizations and the total cost of repurchased shares, including commissions, during the three and six months ended June 27, 2020 and June 29, 2019 were as follows:
| Three Months Ended |  |  |  | Six Months Ended |  |
| June 27, 2020 |  | June 29, 2019 |  | June 27, 2020 |  | June 29, 2019
| (In thousands) |  |  |  |  |  |
Shares repurchased | 920 |  |  | 1,125 |  |  | 2,408 |  |  | 2,654 |
Total cost of repurchased shares | $ | 75,014 |  |  | $ | 75,006 |  |  | $ | 175,036 |  |  | $ | 156,120 |

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- Definition The entire disclosure for treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -URI http://asc.fasb.org/subtopic&trid=2208821 + Details
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