Restructuring and Other Charges (Tables)

12 Months Ended

Dec. 31, 2023

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 2023, 2022 and 2021:

	Severance and Benefits		Excess Facilities		Total
	(In thousands)
Balance, January 2, 2021	$	7,321	$	1,372	$	8,693
Restructuring	(1,480)		432		(1,048)
Cash payments	(5,774)		(1,761)		(7,535)
Effect of foreign currency translation	(67)		—		(67)
Balance, January 1, 2022	$	—	$	43	$	43
Restructuring	—		55		55
Cash payments	—		(98)		(98)
Effect of foreign currency translation	—		—		—
Balance, December 31, 2022	$	—	$	—	$	—
Restructuring	10,935		78		11,013
Non-cash changes	—		(78)		(78)
Cash payments	(8,211)		—		(8,211)
Effect of foreign currency translation	(121)		—		(121)
Balance, December 31, 2023	$	2,603	$	—	$	2,603