Debt (Tables)

6 Months Ended

Jul. 03, 2021

Debt Disclosure [Abstract]

Summary of debt outstanding

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

	July 3, 2021						January 2, 2021
	(In thousands)
	Principal		Unamortized Discount		Carrying Value		Principal		Unamortized Discount		Carrying Value
Revolving Credit Facility	$	—	$	—	$	—	$	—	$	—	$	—
2024 Notes	350,000		(2,814)		347,186		350,000		(3,207)		346,793
Total outstanding debt	$	350,000	$	(2,814)	$	347,186	$	350,000	$	(3,207)	$	346,793