Receivables, net

6 Months Ended

Jul. 04, 2015

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



	As of
	July 4, 2015		January 3, 2015
	(In thousands)
Accounts receivable	$	85,007	$	79,410
Unbilled accounts receivable	46,318		43,082
Long-term receivables	1,628		3,644
Total receivables	$	132,953	$	126,136
Less allowance for doubtful accounts	—		—
Total receivables, net	$	132,953	$	126,136

Cadence’s customers are primarily concentrated within the semiconductor and electronics systems industries. As of July 4, 2015, one customer accounted for approximately 19% of Cadence’s total receivables and no other customer accounted for 10% or more of Cadence’s receivables. As of January 3, 2015, no one customer accounted for 10% or more of Cadence’s total receivables. As of July 4, 2015 and January 3, 2015, Cadence’s receivables attributable to the ten customers with the largest balances were approximately 48% and 43% 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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