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Subsequent Event
12 Months Ended
Jan. 03, 2015
Subsequent Events [Abstract]  
SUBSEQUENT EVENT
SUBSEQUENT EVENTS
Subsequent to January 3, 2015, Cadence received notifications for early conversion of an additional $6.0 million principal value of the 2015 Notes, resulting in an aggregate amount of $53.9 million principal value of the 2015 Notes tendered for conversion as of February 19, 2015. Upon settlement of the early conversions during the first quarter of fiscal 2015, Cadence will be required to pay the 2015 Note holders the principal amount of the notes converted plus any additional conversion value associated with the conversion feature. Cadence will receive cash from the counterparties to the 2015 Notes Hedges for the value of the conversion feature upon settlement of the notes converted. In connection with $53.9 million of early conversions, Cadence will record an accelerated expense of unamortized discount and debt issuance costs of $0.8 million and $0.1 million, respectively, related to the proportionate principal value of the converted notes upon settlement of the conversion.