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Stock Based Compensation

3 Months Ended

Apr. 02, 2022

Share-based Payment Arrangement [Abstract]

Stock-based compensation expense is reflected in Cadence’s condensed consolidated income statements for the three months ended April 2, 2022 and April 3, 2021 as follows:


	Three Months Ended
		April 2, 2022		April 3, 2021
		(In thousands)
Cost of product and maintenance		$	830	$	807
Cost of services		1,050		1,027
Marketing and sales		11,757		11,206
Research and development		35,122		32,858
General and administrative		10,710		6,698
Total stock-based compensation expense		$	59,469	$	52,596

Cadence had total unrecognized compensation expense related to stock option and restricted stock grants of $420.2 million as of April 2, 2022, which will be recognized over the remaining vesting period. The remaining weighted average vesting period of unvested awards is 2.3 years.