v3.26.1
ACQUISITIONS (Tables)
 6 Months Ended
Jun. 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$267,711 
Goodwill2,147,191 
Acquired intangibles1,248,000 
Other assets
18,317 
Total assets acquired3,681,219 
Current liabilities250,361 
Long-term liabilities329,850 
Total liabilities assumed580,211 
Total purchase consideration$3,101,008 
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 Six Months Ended
June 30,
2026		June 30,
2025		June 30,
2026		June 30,
2025
(In thousands)
Pro forma total revenue$1,584,451 $1,348,687 $3,122,266 $2,675,666 
Pro forma net income369,964 139,921 689,095 401,268