Leases (Tables)

3 Months Ended

Mar. 30, 2019

Leases [Abstract]

Lease, Cost

Activity related to Cadence’s leases was as follows:

	Three Months Ended
	March 30, 2019
	(In thousands)
Operating lease expense	$	7,681
Cash paid for amounts included in the measurement of operating lease liabilities	6,296
ROU assets obtained in exchange for operating lease obligations	17,505

Schedule Of Supplemental Balance Sheet Information Related To Leases [Table Text Block]

ROU lease assets and lease liabilities for Cadence’s operating leases were recorded in the condensed consolidated balance sheet as follows:

	As of
	March 30, 2019
	(In thousands)
Other assets	$	94,223
Accounts payable and accrued liabilities	$	23,783
Other long-term liabilities	81,337
Total lease liabilities	$	105,120
Weighted average remaining lease term (in years)	5.0
Weighted average discount rate	4.6		%

Lessee, Operating Lease, Liability, Maturity

Future lease payments included in the measurement of lease liabilities on the condensed consolidated balance sheet as of March 30, 2019, for the following five fiscal years and thereafter were as follows:

	Operating
	Leases
	(In thousands)
2019 – remaining period	$	20,543
2020	26,618
2021	24,240
2022	17,627
2023	12,529
Thereafter	17,152
Total future minimum lease payments	118,709
Less imputed interest	(13,589		)
Total	$	105,120

Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]

As of December 29, 2018, future minimum lease payments, as defined under the previous lease accounting guidance of ASC Topic 840, under non-cancelable operating leases for the following five fiscal years and thereafter were as follows:

	Operating
	Leases
	(In thousands)
2019	$	26,252
2020	23,130
2021	19,778
2022	14,243
2023	11,510
Thereafter	17,100
Total lease payments	$	112,013