Inventory

9 Months Ended

Oct. 01, 2022

Inventory Disclosure [Abstract]

INVENTORY

INVENTORY

Cadence’s inventory balances as of October 1, 2022 and January 1, 2022 were as follows:

	As of
	October 1, 2022		January 1, 2022
	(In thousands)
Inventories:
Raw materials	$	106,299	$	88,629
Finished goods	7,984		27,092
Total inventories	$	114,283	$	115,721