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OTHER INCOME, NET
6 Months Ended
Jun. 30, 2024
Other Income and Expenses [Abstract]  
OTHER INCOME, NET OTHER INCOME, NET
Cadence’s other income, net, for the three and six months ended June 30, 2024 and June 30, 2023 were as follows:
 Three Months Ended Six Months Ended
 June 30,
2024
June 30,
2023
June 30,
2024
June 30,
2023
 (In thousands)
Interest income$8,885 $7,427 $18,397 $13,800 
Gains (loss) on investments
25,205 (647)80,599 (525)
Gains on securities in Non-Qualified Deferred Compensation (“NQDC”) trust
1,697 3,155 6,285 6,305 
Losses on foreign exchange
(708)(37)(1,039)(1,080)
Other expense, net(340)(1,925)(724)(2,243)
Total other income, net
$34,739 $7,973 $103,518 $16,257 
For additional information relating to Cadence’s investments and the gains on investments, see Note 11 in the notes to condensed consolidated financial statements.