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ACQUISITIONS (Tables)
 9 Months Ended
Sep. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Business Combination, Recognized Asset Acquired and Liability Assumed
The total purchase consideration was allocated to the assets acquired and liabilities assumed with Cadence’s acquisition of the D&E business based on their respective fair values on the acquisition date as follows:
Fair Value
(In thousands)
Current assets$267,792 
Goodwill2,170,179 
Acquired intangibles1,248,000 
Other assets
18,330 
Total assets acquired3,704,301 
Current liabilities250,767 
Long-term liabilities329,603 
Total liabilities assumed580,370 
Total purchase consideration$3,123,931 
Business Combination, Intangible Asset, Acquired, Finite-Lived
Definite-lived intangible assets acquired with Cadence’s acquisition of the D&E business were as follows:
Fair ValueWeighted Average Amortization Period
(In thousands) (in years)
Existing technology$723,000 7.9 years
Agreements and relationships507,000 7.7 years
Tradenames, trademarks and patents18,000 6.0 years
Total acquired intangibles with definite lives$1,248,000 7.8 years
Business Combination, Pro Forma Information
The financial information in the table below summarizes the combined results of operations of Cadence and the D&E business, on a pro forma basis, as though the businesses had been combined as of the beginning of the periods presented.
The pro forma financial information includes adjustments to amortization for intangible assets acquired, stock-based compensation costs, interest expense for acquisition financing, adjustments to align lease expense and transaction costs incurred due to acquisition. The pro forma financial information is presented for informational purposes only and is not indicative of the results of operations that would have been achieved if the D&E business had been acquired as of the beginning of the periods presented or of results that may occur in the future.
Three Months Ended Nine Months Ended
September 30,
2026		September 30,
2025		September 30,
2026		September 30,
2025
(In thousands)
Pro forma total revenue$1,633,311 $1,397,562 $4,755,577 $4,073,228 
Pro forma net income289,747 265,519 978,842 666,787