Cash, Cash Equivalents and Investments (Tables)

12 Months Ended

Dec. 30, 2017

Cash, Cash Equivalents and Investments [Abstract]

Summary of cash, cash equivalents and short-term investments

Cadence’s cash, cash equivalents and short-term investments at fair value as of December 30, 2017 and December 31, 2016 were as follows:

	As of
	December 30, 2017		December 31, 2016
	(In thousands)
Cash and cash equivalents	$	688,087	$	465,232
Short-term investments	4,455		3,057
Cash, cash equivalents and short-term investments	$	692,542	$	468,289

Summary of cash and cash equivalents

The following table summarizes Cadence’s cash and cash equivalents at fair value as of December 30, 2017 and December 31, 2016:

	As of
	December 30, 2017		December 31, 2016
	(In thousands)
Cash and interest bearing deposits	$	184,153	$	227,508
Money market funds	503,934		237,724
Total cash and cash equivalents	$	688,087	$	465,232

Summary of short-term investments

The following tables summarize Cadence’s short-term investments as of December 30, 2017 and December 31, 2016:

	As of December 30, 2017
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
	(In thousands)
Marketable equity securities	$	1,817	$	2,638	$	—	$	4,455

	As of December 31, 2016
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
	(In thousands)
Marketable equity securities	$	2,131	$	926	$	—	$	3,057

Carrying value of non-marketable securities

Cadence’s non-marketable investments as of December 30, 2017 and December 31, 2016 were as follows:

	As of
	December 30, 2017		December 31, 2016
	(In thousands)
Cost method	$	532	$	532
Equity method	2,460		2,634
Total non-marketable investments	$	2,992	$	3,166