Segment Reporting

6 Months Ended

Jul. 01, 2017

Segment Reporting [Abstract]

SEGMENT REPORTING

SEGMENT REPORTING

Segment reporting is based on the “management approach,” following the method that management organizes the company’s reportable segments for which separate financial information is made available to, and evaluated regularly by, the chief operating decision maker in allocating resources and in assessing performance. Cadence’s chief operating decision maker is its President and CEO, who reviews Cadence’s consolidated results as one operating segment. In making operating decisions, the CEO primarily considers consolidated financial information, accompanied by disaggregated information about revenues by geographic region.

Outside the United States, Cadence markets and supports its products and services primarily through its subsidiaries. Revenue is attributed to geography based upon the country in which the product is used or services are delivered. Long-lived assets are attributed to geography based on the country where the assets are located.

The following table presents a summary of revenue by geography for the three and six months ended July 1, 2017 and July 2, 2016:

	Three Months Ended				Six Months Ended
	July 1, 2017		July 2, 2016		July 1, 2017		July 2, 2016
	(In thousands)
Americas:
United States	$	206,742	$	206,416	$	412,177	$	416,438
Other Americas	10,056		7,196		17,811		16,437
Total Americas	216,798		213,612		429,988		432,875
Asia	131,395		111,032		253,818		210,211
Europe, Middle East and Africa	91,413		88,720		189,734		174,184
Japan	39,395		39,657		82,372		83,613
Total	$	479,001	$	453,021	$	955,912	$	900,883

The following table presents a summary of long-lived assets by geography as of July 1, 2017 and December 31, 2016:

	As of
	July 1, 2017		December 31, 2016
	(In thousands)
Americas:
United States	$	197,663	$	193,750
Other Americas	678		757
Total Americas	198,341		194,507
Asia	36,046		30,564
Europe, Middle East and Africa	14,063		12,692
Japan	690		844
Total	$	249,140	$	238,607