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OTHER INCOME, NET | 9 Months Ended
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Sep. 30, 2024
Other Income and Expenses [Abstract] |
OTHER INCOME, NET | OTHER INCOME, NET Cadence’s other income, net, for the three and nine months ended September 30, 2024 and September 30, 2023 were as follows:
| Three Months Ended |  | Nine Months Ended
| September 30, 2024 |  | September 30, 2023 |  | September 30, 2024 |  | September 30, 2023
| (In thousands)
Interest income | $ | 16,933 |  |  | $ | 8,453 |  |  | $ | 35,330 |  |  | $ | 22,253 |
Gain (loss) on investments | (16,141) |  |  | 13,289 |  |  | 64,458 |  |  | 12,735 |
Gain (loss) on securities in Non-Qualified Deferred Compensation (“NQDC”) trust | 4,567 |  |  | (1,749) |  |  | 10,852 |  |  | 4,556 |
Gain (loss) on foreign exchange | 2,779 |  |  | (3,568) |  |  | 1,740 |  |  | (4,649) |
Other expense, net | (285) |  |  | (319) |  |  | (1,009) |  |  | (2,532) |
Total other income, net | $ | 7,853 |  |  | $ | 16,106 |  |  | $ | 111,371 |  |  | $ | 32,363 |
For additional information relating to Cadence’s investment activity, see Note 12 in the notes to condensed consolidated financial statements.

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- Definition The entire disclosure for the components of non-operating income or non-operating expense, including, but not limited to, amounts earned from dividends, interest on securities, gain (loss) on securities sold, equity earnings of unconsolidated affiliates, gain (loss) on sales of business, interest expense and other miscellaneous income or expense items. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(7)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(9)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 + Details
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