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NET INCOME PER SHARE (Tables)

9 Months Ended

Sep. 30, 2025

Earnings Per Share [Abstract]

Basic and diluted net income per share

The calculations for basic and diluted net income per share for the three and nine months ended September 30, 2025 and September 30, 2024 are as follows:

			Three Months Ended												Nine Months Ended
			September 30, 2025						September 30, 2024						September 30, 2025						September 30, 2024
			(In thousands, except per share amounts)
Net income			$	287,122					$	238,111					$	720,752					$	715,274
Weighted average common shares used to calculate basic net income per share			271,152						272,244						271,471						270,925
Stock-based awards			2,646						1,714						1,969						2,754
Weighted average common shares used to calculate diluted net income per share			273,798						273,958						273,440						273,679
Net income per share - basic			$	1.06					$	0.87					$	2.65					$	2.64
Net income per share - diluted			$	1.05					$	0.87					$	2.64					$	2.61

Potential shares of Cadence's common stock excluded

The following table presents shares of Cadence’s common stock outstanding for the three and nine months ended September 30, 2025 and September 30, 2024 that were excluded from the computation of diluted net income per share because the effect of including these shares in the computation of diluted net income per share would have been anti-dilutive:

			Three Months Ended												Nine Months Ended
			September 30, 2025						September 30, 2024						September 30, 2025						September 30, 2024
			(In thousands)
Market-based awards			1,501						—						1,053						—
Options to purchase shares of common stock			197						234						212						174
Non-vested shares of restricted stock			18						1,007						77						339
Total potential common shares excluded			1,716						1,241						1,342						513

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- References

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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