Leases (Tables)

6 Months Ended

Jun. 29, 2019

Leases [Abstract]

Lease, Cost

Activity related to Cadence’s leases was as follows:

	Three Months Ended		Six Months Ended
	June 29, 2019		June 29, 2019
	(In thousands)
Operating lease expense	$	9,638	$	17,319
Cash paid for amounts included in the measurement of operating lease liabilities	7,946		14,242
ROU assets obtained in exchange for operating lease obligations	16,090		33,595

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
	June 29, 2019
	(In thousands)
Other assets	$	108,879
Accounts payable and accrued liabilities	$	27,449
Other long-term liabilities	93,452
Total lease liabilities	$	120,901
Weighted average remaining lease term (in years)	5.3
Weighted average discount rate	4.5		%

Lessee, Operating Lease, Liability, Maturity

Future lease payments included in the measurement of lease liabilities on the condensed consolidated balance sheet as of June 29, 2019, for the following five fiscal years and thereafter were as follows:

	Operating
	Leases
	(In thousands)
2019 – remaining period	$	15,315
2020	30,805
2021	27,267
2022	19,906
2023	14,969
Thereafter	29,620
Total future lease payments	137,882
Less imputed interest	(16,981		)
Total	$	120,901

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