XML 56 R38.htm IDEA: XBRL DOCUMENT v3.25.2

FAIR VALUE (Tables)

6 Months Ended

Jun. 30, 2025

Fair Value Disclosures [Abstract]

Fair value of financial assets and liabilities

The fair value of financial assets and liabilities was determined using the following levels of inputs as of June 30, 2025 and December 31, 2024:

			Fair Value Measurements as of June 30, 2025
			Total						Level 1						Level 2						Level 3
			(In thousands)
Assets
Cash equivalents:
Money market funds			$	1,938,685					$	1,938,685					$	—					$	—
Marketable securities:
Marketable equity securities			117,701						117,701						—						—
Mortgage-backed and asset-backed securities			60,493						—						60,493						—
Securities held in NQDC trust			102,734						102,734						—						—
Foreign currency exchange contracts			15,411						—						15,411						—
Total Assets			$	2,235,024					$	2,159,120					$	75,904					$	—
As of June 30, 2025, Cadence did not have any financial liabilities requiring a recurring fair value measurement.

			Fair Value Measurements as of December 31, 2024
			Total						Level 1						Level 2						Level 3
			(In thousands)
Assets
Cash equivalents:
Money market funds			$	1,700,084					$	1,700,084					$	—					$	—
Marketable securities:
Marketable equity securities			90,374						90,374						—						—
Mortgage-backed and asset-backed securities			50,252						—						50,252						—
Securities held in NQDC trust			96,450						96,450						—						—
Total Assets			$	1,937,160					$	1,886,908					$	50,252					$	—
			Total						Level 1						Level 2						Level 3
			(In thousands)
Liabilities
Foreign currency exchange contracts			$	7,533					$	—					$	7,533					$	—
Total Liabilities			$	7,533					$	—					$	7,533					$	—

X

- References

No definition available.

+ Details

Name:	us-gaap_FairValueDisclosuresAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

+ Details

Name:	us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration