Segment Reporting

6 Months Ended

Jun. 27, 2020

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 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 June 27, 2020 and June 29, 2019:


	Three Months Ended						Six Months Ended
	June 27, 2020		June 29, 2019		June 27, 2020		June 29, 2019
	(In thousands)
Americas:
United States	$	267,000	$	234,490	$	525,489	$	477,738
Other Americas	10,120		12,025		18,957		20,431
Total Americas	277,120		246,515		544,446		498,169
Asia:
China	77,232		68,379		161,031		127,356
Other Asia	121,276		109,425		230,875		220,772
Total Asia	198,508		177,804		391,906		348,128
Europe, Middle East and Africa	116,540		113,829		232,259		217,291
Japan	46,250		42,271		87,764		93,573
Total	$	638,418	$	580,419	$	1,256,375	$	1,157,161

The following table presents a summary of long-lived assets by geography as of June 27, 2020 and December 28, 2019:


	As of
	June 27, 2020		December 28, 2019
	(In thousands)
Americas:
United States	$	230,688	$	220,023
Other Americas	686		728
Total Americas	231,374		220,751
Asia:
China	14,274		15,729
Other Asia	26,030		27,890
Total Asia	40,304		43,619
Europe, Middle East and Africa	10,224		10,474
Japan	836		1,011
Total	$	282,738	$	275,855