Accumulated Other Comprehensive Loss

12 Months Ended

Dec. 31, 2022

Other Comprehensive Income (Loss), Net of Tax [Abstract]

ACCUMULATED OTHER COMPREHENSIVE LOSS

ACCUMULATED OTHER COMPREHENSIVE LOSS

Cadence’s accumulated other comprehensive loss is comprised of the aggregate impact of foreign currency translation gains and losses and changes in defined benefit plan liabilities and is presented in Cadence’s consolidated statements of comprehensive income.

Accumulated other comprehensive loss was comprised of the following as of December 31, 2022, and January 1, 2022:

	As of
	December 31, 2022		January 1, 2022
	(In thousands)
Foreign currency translation loss	$	(85,863)	$	(26,553)
Changes in defined benefit plan liabilities	(5,774)		(6,758)
Total accumulated other comprehensive loss	$	(91,637)	$	(33,311)

For fiscal 2022, 2021 and 2020, there were no significant amounts related to foreign currency translation loss or changes in defined benefit plan liabilities reclassified to net income from accumulated other comprehensive loss.