XML 20 R9.htm IDEA: XBRL DOCUMENT v3.22.1
Receivables, net
3 Months Ended
Apr. 02, 2022
Receivables [Abstract]  
RECEIVABLES, NET RECEIVABLES, NET
Cadence’s current and long-term receivables balances as of April 2, 2022 and January 1, 2022 were as follows:
 As of
 April 2,
2022
January 1,
2022
 (In thousands)
Accounts receivable$227,181 $185,599 
Unbilled accounts receivable137,244 155,689 
Long-term receivables6,781 5,098 
Total receivables371,206 346,386 
Less allowance for doubtful accounts(2,636)(3,692)
Total receivables, net$368,570 $342,694 
Cadence’s customers are primarily concentrated within the semiconductor and electronics systems industries. No one customer accounted for 10% or more of Cadence’s total receivables as of April 2, 2022 or January 1, 2022.