Receivables and Allowances for Doubtful Accounts

12 Months Ended

Dec. 29, 2012

Receivables [Abstract]

RECEIVABLES AND ALLOWANCES FOR DOUBTFUL ACCOUNTS

RECEIVABLES AND ALLOWANCES FOR DOUBTFUL ACCOUNTS

Cadence's current and long-term receivables balances as of December 29, 2012 and December 31, 2011 were as follows:

	As of
	December 29, 2012			December 31, 2011
	(In thousands)
Accounts receivable	$	67,259		$	99,686
Installment contract receivables, short-term	30,647			37,086
Long-term receivables	7,559			11,371
Total receivables	$	105,465		$	148,143
Less allowance for doubtful accounts	(85		)	—
Total receivables, net	$	105,380		$	148,143

Cadence's customers are primarily concentrated within the semiconductor, electronics systems and consumer electronics industries. As of December 29, 2012 and December 31, 2011, no single customer accounted for 10% of Cadence's total receivables. As of December 29, 2012, approximately 47% of Cadence's total receivables were attributable to the ten customers with the largest balances of total receivables. As of December 31, 2011, approximately 45% of Cadence's total receivables were attributable to the ten customers with the largest balances of total receivables.

The following table presents the change in Cadence's allowance for doubtful accounts for fiscal 2012 and 2011:

	Balance at Beginning of Period			(Charged to) Credited to Costs and Expenses			Uncollectible Accounts Written Off, Net		Balance at End of Period
	(In thousands)
Year ended December 29, 2012	$	—		$	(215	)	$	130	$	(85	)
Year ended December 31, 2011	$	(7,604	)	$	6,596		$	1,008	$	—