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Restructuring and Other Charges
 12 Months Ended
Jan. 02, 2016
Restructuring and Related Activities [Abstract]  
RESTRUCTURING AND OTHER CHARGES
RESTRUCTURING AND OTHER CHARGES
Cadence has initiated various restructuring plans in an effort to better align its resources with its business strategy. These restructuring plans have primarily been comprised of severance payments and termination benefits related to headcount reductions, estimated lease losses related to facilities vacated under the restructuring plans and charges related to assets abandoned as part of the restructuring plans. During fiscal 2015, Cadence initiated a restructuring plan, or the 2015 Restructuring Plan, and recorded restructuring and other charges of approximately $4.2 million related to severance payments and termination benefits. As of January 2, 2016, total liabilities related to the 2015 Restructuring Plan were $0.6 million. Cadence expects to make cash payments for severance and related benefits for the 2015 Restructuring Plan through the fourth quarter of fiscal 2016.
Cadence also initiated restructuring plans during both fiscal 2014 and fiscal 2013, or the 2014 and 2013 Restructuring Plans, and recorded combined restructuring and other charges under both plans of approximately $29.0 million related to severance payments and termination benefits and impairments of certain long-lived assets. As of January 2, 2016, total liabilities related to various restructuring plans initiated prior to fiscal 2015 were $0.5 million. Cash payments for restructuring plans initiated prior to fiscal 2015 will be made through fiscal 2017.
The following table presents activity for Cadence’s restructuring plans during fiscal 2015, 2014 and 2013:
 
Severance
and
Benefits
 
Excess
Facilities
 
Other
 
Total
 
(In thousands)
Balance, December 29, 2012
$
—

 
$
4,343

 
$
—

 
$
4,343

Restructuring and other charges, net
17,589

 
101

 
309

 
17,999

Non-cash charges
—

 
—

 
(309
)
 
(309
)
Cash payments
(6,944
)
 
(951
)
 
—

 
(7,895
)
Effect of foreign currency translation
27

 
59

 
—

 
86

Balance, December 28, 2013
$
10,672

 
$
3,552

 
$
—

 
$
14,224

Restructuring and other charges (credits), net
8,004

 
(945
)
 
3,193

 
10,252

Non-cash charges
—

 
—

 
(2,450
)
 
(2,450
)
Cash payments
(13,967
)
 
(1,056
)
 
(262
)
 
(15,285
)
Effect of foreign currency translation
(247
)
 
(284
)
 
—

 
(531
)
Balance, January 3, 2015
$
4,462

 
$
1,267

 
$
481

 
$
6,210

Restructuring and other charges (credits), net
3,636

 
1,095

 
(220
)
 
4,511

Non-cash charges
—

 
(116
)
 
—

 
(116
)
Cash payments
(7,322
)
 
(1,798
)
 
(261
)
 
(9,381
)
Effect of foreign currency translation
(25
)
 
(62
)
 
—

 
(87
)
Balance, January 2, 2016
$
751

 
$
386

 
$
—

 
$
1,137


The remaining liability for Cadence’s restructuring plans is recorded in the consolidated balance sheet as follows:
 
As of
 
January 2, 2016
 
(In thousands)
Accounts payable and accrued liabilities
$
990

Other long-term liabilities
147

Total liabilities
$
1,137