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v3.23.3

Debt (Tables) | 9 Months Ended
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Sep. 30, 2023
Debt Disclosure [Abstract] |
Summary of debt outstanding | Cadence’s outstanding debt as of September 30, 2023 and December 31, 2022 was as follows:
| September 30, 2023 |  | December 31, 2022
| (In thousands)
| Principal |  | Unamortized Discount |  | Carrying Value |  | Principal |  | Unamortized Discount |  | Carrying Value
Revolving Credit Facility | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 100,000 |  |  | $ | — |  |  | $ | 100,000 |
2024 Notes | 350,000 |  |  | (936) |  |  | 349,064 |  |  | 350,000 |  |  | (1,581) |  |  | 348,419 |
2025 Term Loan | 300,000 |  |  | (263) |  |  | 299,737 |  |  | 300,000 |  |  | (341) |  |  | 299,659 |
Total outstanding debt | $ | 650,000 |  |  | $ | (1,199) |  |  | $ | 648,801 |  |  | $ | 750,000 |  |  | $ | (1,922) |  |  | $ | 748,078 |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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