Receivables, net

3 Months Ended

Apr. 04, 2015

Cadence’s current and long-term receivables balances as of April 4, 2015 and January 3, 2015 were as follows:



	As of
	April 4, 2015		January 3, 2015
	(In thousands)
Accounts receivable	$	84,358	$	79,410
Unbilled accounts receivable	49,566		43,082
Long-term receivables	3,619		3,644
Total receivables	$	137,543	$	126,136
Less allowance for doubtful accounts	—		—
Total receivables, net	$	137,543	$	126,136

Cadence’s customers are primarily concentrated within the semiconductor and electronics systems industries. As of April 4, 2015 and January 3, 2015, no one customer accounted for 10% or more of Cadence’s total receivables. As of April 4, 2015 and January 3, 2015, Cadence’s receivables attributable to the ten customers with the largest balances were approximately 42% and 47% of Cadence's total receivables, respectively.

- 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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