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Revenue (Tables)

12 Months Ended

Jan. 01, 2022

Revenue from Contract with Customer [Abstract]

Revenue from external customers by product category

The following table shows the percentage of product and related maintenance revenue contributed by each of Cadence’s five product categories and services for fiscal 2021, 2020 and 2019:

			2021						2020						2019
Custom IC Design and Simulation			23		%				25		%				25		%
Digital IC Design and Signoff			29		%				29		%				30		%
Functional Verification, including Emulation and Prototyping Hardware*			24		%				22		%				23		%
IP			13		%				14		%				13		%
System Design and Analysis			11		%				10		%				9		%
Total			100		%				100		%				100		%

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* Includes immaterial amount of revenue accounted for under leasing arrangements.

Contract assets and deferred revenue

Cadence’s contract balances as of January 1, 2022 and January 2, 2021 were as follows:

			As of
			January 1, 2022						January 2, 2021
			(In thousands)
Contract assets			$	6,811					$	9,709
Deferred revenue			655,090						553,921

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Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information.

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