Debt (Tables)

3 Months Ended

Apr. 03, 2021

Debt Disclosure [Abstract]

Summary of debt outstanding

Cadence’s outstanding debt as of April 3, 2021 and January 2, 2021 was as follows:

	April 3, 2021						January 2, 2021
	(In thousands)
	Principal		Unamortized Discount		Carrying Value		Principal		Unamortized Discount		Carrying Value
Revolving Credit Facility	$	—	$	—	$	—	$	—	$	—	$	—
2024 Notes	350,000		(3,012)		346,988		350,000		(3,207)		346,793
Total outstanding debt	$	350,000	$	(3,012)	$	346,988	$	350,000	$	(3,207)	$	346,793