XML 22 R10.htm IDEA: XBRL DOCUMENT v3.19.1
Receivables, net
3 Months Ended
Mar. 30, 2019
Receivables [Abstract]  
RECEIVABLES, NET RECEIVABLES, NET
Cadence’s current and long-term receivables balances as of March 30, 2019 and December 29, 2018 were as follows:
 
As of
 
March 30,
2019
 
December 29,
2018
 
(In thousands)
Accounts receivable
$
161,922

 
$
164,223

Unbilled accounts receivable
106,411

 
136,795

Long-term receivables
3,241

 
5,972

Total receivables
271,574

 
306,990

Less allowance for doubtful accounts
(3,566
)
 
(3,936
)
Total receivables, net
$
268,008

 
$
303,054


Cadence’s customers are primarily concentrated within the semiconductor and electronics systems industries. As of March 30, 2019, no customer accounted for 10% or more of Cadence’s total receivables. As of December 29, 2018, one customer accounted for 11% of Cadence’s total receivables.