Debt (Tables)

9 Months Ended

Sep. 26, 2020

Debt Disclosure [Abstract]

Summary of debt outstanding

Cadence’s outstanding debt as of September 26, 2020 and December 28, 2019 was as follows:

	September 26, 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		(3,416)		346,584		350,000		(3,981)		346,019
Total outstanding debt	$	700,000	$	(3,416)	$	696,584	$	350,000	$	(3,981)	$	346,019