Segment Reporting

9 Months Ended

Sep. 26, 2020

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 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 nine months ended September 26, 2020 and September 28, 2019:

	Three Months Ended				Nine Months Ended
	September 26, 2020		September 28, 2019		September 26, 2020		September 28, 2019
	(In thousands)
Americas:
United States	$	269,057	$	241,060	$	794,545	$	718,798
Other Americas	10,956		12,660		29,913		33,091
Total Americas	280,013		253,720		824,458		751,889
Asia:
China	114,160		58,215		275,191		185,570
Other Asia	123,188		120,122		354,063		340,895
Total Asia	237,348		178,337		629,254		526,465
Europe, Middle East and Africa	107,913		106,151		340,173		323,442
Japan	41,333		41,395		129,097		134,968
Total	$	666,607	$	579,603	$	1,922,982	$	1,736,764

The following table presents a summary of long-lived assets by geography as of September 26, 2020 and December 28, 2019: 

	As of
	September 26, 2020		December 28, 2019
	(In thousands)
Americas:
United States	$	231,937	$	220,023
Other Americas	748		728
Total Americas	232,685		220,751
Asia:
China	16,315		15,729
Other Asia	27,234		27,890
Total Asia	43,549		43,619
Europe, Middle East and Africa	11,194		10,474
Japan	735		1,011
Total	$	288,163	$	275,855