Debt (Tables)

12 Months Ended

Jan. 02, 2021

Debt Disclosure [Abstract]

Summary of debt outstanding

Cadence’s outstanding debt as of January 2, 2021 and December 28, 2019 was as follows:

	January 2, 2021						December 28, 2019
	(In thousands)
	Principal		Unamortized Discount		Carrying Value		Principal		Unamortized Discount		Carrying Value
Revolving Credit Facility	$	—	$	—	$	—	$	—	$	—	$	—
2024 Notes	350,000		(3,207)		346,793		350,000		(3,981)		346,019
Total outstanding debt	$	350,000	$	(3,207)	$	346,793	$	350,000	$	(3,981)	$	346,019