Restructuring and Other Charges (Tables)

9 Months Ended

Sep. 28, 2019

Restructuring and Related Activities [Abstract]

Restructuring reserve rollforward by major type of cost

The following table presents activity relating to Cadence’s restructuring plans during the nine months ended September 28, 2019:

	Severance and Benefits			Excess Facilities			Total
	(In thousands)
Balance, December 29, 2018	$	11,176		$	848		$	12,024
Restructuring and other charges (credits)	(1,200		)	12			(1,188		)
Cash payments	(9,829		)	(375		)	(10,204		)
Effect of foreign currency translation	30			9			39
Balance, September 28, 2019	$	177		$	494		$	671

Schedule of restructuring reserve by balance sheet classification

The remaining liability for Cadence’s restructuring plans is recorded in the condensed consolidated balance sheet as follows:

	As of
	September 28, 2019
	(In thousands)
Accounts payable and accrued liabilities	$	513
Other long-term liabilities	158
Total restructuring liabilities	$	671

All liabilities for severance and related benefits under Cadence’s restructuring plans are included in accounts payable and accrued liabilities on Cadence’s condensed consolidated balance sheet as of September 28, 2019. Restructuring liabilities included in other long-term liabilities represent liabilities from vacated facilities, and Cadence expects to make cash payments to settle these liabilities through fiscal 2022.