Restructuring and Other Charges (Tables)

12 Months Ended

Jan. 02, 2021

Restructuring and Related Activities [Abstract]

Restructuring reserve rollforward by major type of cost

The following table presents activity for Cadence’s restructuring plans during fiscal 2020, 2019 and 2018:

	Severance and Benefits		Excess Facilities		Total
	(In thousands)
Balance, December 30, 2017	$	13,535	$	249	$	13,784
Restructuring and other charges, net	10,268		821		11,089
Cash payments	(12,688)		(192)		(12,880)
Effect of foreign currency translation	61		(30)		31
Balance, December 29, 2018	$	11,176	$	848	$	12,024
Restructuring and other charges, net	8,649		(28)		8,621
Cash payments	(10,714)		(420)		(11,134)
Effect of foreign currency translation	118		9		127
Balance, December 28, 2019	$	9,229	$	409	$	9,638
Restructuring and other charges , net	7,476		1,739		9,215
Cash payments	(9,424)		(773)		(10,197)
Effect of foreign currency translation	40		(3)		37
Balance, January 2, 2021	$	7,321	$	1,372	$	8,693

Schedule of restructuring reserve by balance sheet classification

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

	As of
	January 2, 2021
	(In thousands)
Accounts payable and accrued liabilities	$	8,653
Other long-term liabilities	40
Total liabilities	$	8,693