Receivables, net

3 Months Ended

Apr. 01, 2017

Cadence’s current and long-term receivables balances as of April 1, 2017 and December 31, 2016 were as follows:



	As of
	April 1, 2017		December 31, 2016
	(In thousands)
Accounts receivable	$	114,137	$	85,554
Unbilled accounts receivable	66,434		71,617
Long-term receivables	13,127		12,949
Total receivables	193,698		170,120
Less allowance for doubtful accounts	—		—
Total receivables, net	$	193,698	$	170,120

Cadence’s customers are primarily concentrated within the semiconductor and electronics systems industries. As of April 1, 2017 and December 31, 2016, no one customer accounted for 10% or more of Cadence’s 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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