A method for emulating a logic circuit having at least one set of identical logic modules is disclosed. Each logic module in a set has logic elements and memory elements that store a module state of that logic module. The logic circuit is emulated by extracting a logic module from a set of identical logic modules, translating the extracted logic module for iterative representation of the module state of each of the logic modules with a single instance of the logic elements, and configuring a logic device with the translated logic module to emulate the logic circuit.