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STOCK REPURCHASE PROGRAM | 6 Months Ended
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Jun. 30, 2025
Class of Stock Disclosures [Abstract] |
STOCK REPURCHASE PROGRAM | STOCK REPURCHASE PROGRAM In May 2025, Cadence’s Board of Directors increased the prior authorization to repurchase shares of Cadence common stock by authorizing an additional $1.5 billion. 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 30, 2025, $1.8 billion of Cadence’s share repurchase authorization 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 30, 2025 and June 30, 2024 were as follows:
| Three Months Ended |  | Six Months Ended
| June 30, 2025 |  | June 30, 2024 |  | June 30, 2025 |  | June 30, 2024
| (In thousands)
Shares repurchased | 607 |  |  | 423 |  |  | 1,968 |  |  | 848 |
Total cost of repurchased shares | $ | 175,009 |  |  | $ | 125,004 |  |  | $ | 525,016 |  |  | $ | 250,010 |

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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 -Topic 505 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/505-30/tableOfContent + Details
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