Receivables and Allowances for Doubtful Accounts

12 Months Ended

Jan. 03, 2015

Cadence’s current and long-term receivables balances as of January 3, 2015 and December 28, 2013 were as follows:



	As of
	January 3, 2015		December 28, 2013
	(In thousands)
Accounts receivable	$	84,923	$	76,057
Unbilled accounts receivable	37,569		31,567
Long-term receivables	3,644		3,672
Total receivables	$	126,136	$	111,296
Less allowance for doubtful accounts	—		—
Total receivables, net	$	126,136	$	111,296

Cadence’s customers are primarily concentrated within the semiconductor and electronics systems industries. As of January 3, 2015 and December 28, 2013, no single customer accounted for 10% of Cadence’s total receivables. As of January 3, 2015, approximately 43% of Cadence’s total receivables were attributable to the ten customers with the largest balances of total receivables. As of December 28, 2013, approximately 47% of Cadence’s total receivables were attributable to the ten customers with the largest balances of total receivables.

- 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.

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