CADENCE DESIGN SYSTEMS INC Annual Income Tax Expense (Benefit) in USD from 2009 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Cadence Design Systems Inc quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2009 to 2023.
  • Cadence Design Systems Inc Income Tax Expense (Benefit) for the quarter ending June 30, 2024 was $86.2M, a 11.5% increase year-over-year.
  • Cadence Design Systems Inc Income Tax Expense (Benefit) for the twelve months ending June 30, 2024 was $232M, a 20.4% increase year-over-year.
  • Cadence Design Systems Inc annual Income Tax Expense (Benefit) for 2023 was $241M, a 22.6% increase from 2022.
  • Cadence Design Systems Inc annual Income Tax Expense (Benefit) for 2022 was $196M, a 171% increase from 2021.
  • Cadence Design Systems Inc annual Income Tax Expense (Benefit) for 2021 was $72.5M, a 72.1% increase from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $241M +$44.4M +22.6% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-14
2022 $196M +$124M +171% Jan 2, 2022 Dec 31, 2022 10-K 2024-02-14
2021 $72.5M +$30.4M +72.1% Jan 3, 2021 Jan 1, 2022 10-K 2024-02-14
2020 $42.1M +$552M Dec 29, 2019 Jan 2, 2021 10-K 2023-02-13
2019 -$510M -$541M -1766% Dec 30, 2018 Dec 28, 2019 10-K 2022-02-22
2018 $30.6M -$80.3M -72.4% Dec 31, 2017 Dec 29, 2018 10-K/A 2021-05-14
2017 $111M +$76.9M +226% Jan 1, 2017 Dec 30, 2017 10-K 2020-02-24
2016 $34.1M +$18.9M +124% Jan 3, 2016 Dec 31, 2016 10-K 2019-02-27
2015 $15.2M -$6.93M -31.3% Jan 4, 2015 Jan 2, 2016 10-K 2018-02-20
2014 $22.1M +$27.4M Dec 29, 2013 Jan 3, 2015 10-K 2017-02-10
2013 -$5.25M +$246M +97.9% Dec 30, 2012 Dec 28, 2013 10-K 2016-02-18
2012 -$252M -$275M -1185% Jan 1, 2012 Dec 29, 2012 10-K 2015-02-20
2011 $23.2M +$213M Jan 2, 2011 Dec 31, 2011 10-K 2014-02-20
2010 -$189M -$186M -5109% Jan 3, 2010 Jan 1, 2011 10-K 2013-02-21
2009 -$3.63M Jan 4, 2009 Jan 2, 2010 10-K 2012-02-24
* An asterisk sign (*) next to the value indicates that the value is likely invalid.