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RECEIVABLES, NET (Tables)

12 Months Ended

Dec. 31, 2024

Receivables [Abstract]

Current and long-term accounts receivable balances

Cadence’s current and long-term receivables balances as of December 31, 2024, and December 31, 2023, were as follows:

			As of
			December 31, 2024						December 31, 2023
			(In thousands)
Accounts receivable			$	393,017					$	299,814
Unbilled accounts receivable			293,251						193,963
Long-term receivables			24,179						10,755
Total receivables			710,447						504,532
Less allowance for doubtful accounts			(5,808)						(4,553)
Total receivables, net			$	704,639					$	499,979

Roll forward of allowance for doubtful accounts

Cadence’s provisions for losses on its accounts receivable during fiscal 2024, 2023 and 2022 were as follows:

						Balance at Beginning of Period						Charged to Costs and Expenses												Uncollectible Accounts Written Off, Net						Balance at End of Period
Year ended December 31, 2024						$	4,553					$	2,078											$	(823)					$	5,808
Year ended December 31, 2023						2,290						3,325												(1,062)						4,553
Year ended December 31, 2022						$	3,692					$	204											$	(1,606)					$	2,290

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- References

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- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(4))
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- Definition

Tabular disclosure of allowance for credit loss of financing receivable, classified as current.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 310
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 11B
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481962/310-10-50-11B

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
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