Debt (Tables)

9 Months Ended

Oct. 02, 2021

Debt Disclosure [Abstract]

Summary of debt outstanding

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

	October 2, 2021						January 2, 2021
	(In thousands)
	Principal		Unamortized Discount		Carrying Value		Principal		Unamortized Discount		Carrying Value
Revolving Credit Facility	$	—	$	—	$	—	$	—	$	—	$	—
2024 Notes	350,000		(2,615)		347,385		350,000		(3,207)		346,793
Total outstanding debt	$	350,000	$	(2,615)	$	347,385	$	350,000	$	(3,207)	$	346,793