Debt (Tables)

6 Months Ended

Jun. 27, 2020

Debt Disclosure [Abstract]

Summary of debt outstanding

Cadence’s outstanding debt as of June 27, 2020 and December 28, 2019 was as follows:

	June 27, 2020						December 28, 2019
	(In thousands)
	Principal		Unamortized Discount		Carrying Value		Principal		Unamortized Discount		Carrying Value
Revolving Credit Facility	$	350,000	$	—	$	350,000	$	—	$	—	$	—
2024 Notes	350,000		(3,606)		346,394		350,000		(3,981)		346,019
Total outstanding debt	$	700,000	$	(3,606)	$	696,394	$	350,000	$	(3,981)	$	346,019