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Debt (Tables)
3 Months Ended
Apr. 01, 2017
Debt Disclosure [Abstract]  
Summary of debt outstanding
Cadence’s outstanding debt as of April 1, 2017 and December 31, 2016 was as follows:
 
April 1, 2017
 
December 31, 2016
 
(In thousands)
 
Principal
 
Unamortized Discount
 
Carrying Value
 
Principal
 
Unamortized Discount
 
Carrying Value
Revolving Credit Facility
$
50,000

 
$

 
$
50,000

 
$
50,000

 
$

 
$
50,000

2019 Term Loan
300,000

 
(382
)
 
299,618

 
300,000

 
(434
)
 
299,566

2024 Notes
350,000

 
(5,909
)
 
344,091

 
350,000

 
(6,073
)
 
343,927

Total outstanding debt
$
700,000

 
$
(6,291
)
 
$
693,709

 
$
700,000

 
$
(6,507
)
 
$
693,493