Fair Value (Tables)

12 Months Ended

Dec. 29, 2018

Fair Value Disclosures [Abstract]

Fair value of financial assets and liabilities

The fair value of financial assets and liabilities was determined using the following levels of inputs as of December 29, 2018 and December 30, 2017:

	Fair Value Measurements as of December 29, 2018:
	Total		Level 1		Level 2		Level 3
	(In thousands)
Assets
Cash equivalents:
Money market funds	$	327,841	$	327,841	$	—	$	—
Marketable equity securities	3,887		3,887		—		—
Securities held in NQDC trust	27,767		27,767		—		—
Foreign currency exchange contracts	101		—		101		—
Total Assets	$	359,596	$	359,495	$	101	$	—
As of December 29, 2018, Cadence did not have any financial liabilities requiring a recurring fair value measurement.

	Fair Value Measurements as of December 30, 2017:
	Total		Level 1		Level 2		Level 3
	(In thousands)
Assets
Cash equivalents:
Money market funds	$	503,934	$	503,934	$	—	$	—
Marketable equity securities	4,455		4,455		—		—
Securities held in NQDC trust	31,473		31,473		—		—
Foreign currency exchange contracts	2,937		—		2,937		—
Total Assets	$	542,799	$	539,862	$	2,937	$	—
As of December 30, 2017, Cadence did not have any financial liabilities requiring a recurring fair value measurement.