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Receivables, net | 6 Months Ended
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Jul. 02, 2022
Receivables [Abstract] |
RECEIVABLES, NET | RECEIVABLES, NET Cadence’s current and long-term receivables balances as of July 2, 2022 and January 1, 2022 were as follows:
| As of
| July 2, 2022 |  | January 1, 2022
| (In thousands)
Accounts receivable | $ | 241,342 |  |  | $ | 185,599 |
Unbilled accounts receivable | 153,451 |  |  | 155,689 |
Long-term receivables | 6,223 |  |  | 5,098 |
Total receivables | 401,016 |  |  | 346,386 |
Less allowance for doubtful accounts | (3,055) |  |  | (3,692) |
Total receivables, net | $ | 397,961 |  |  | $ | 342,694 |
Cadence’s customers are primarily concentrated within the semiconductor and electronics systems industries. As of July 2, 2022, one customer accounted for 11% of Cadence’s total receivables. As of January 1, 2022, no customer accounted for 10% or more of Cadence’s total receivables.

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- Definition The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -URI http://asc.fasb.org/subtopic&trid=2196772 + Details
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