Segment Reporting

12 Months Ended

Jan. 02, 2021

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. Property, plant and equipment 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 fiscal 2020, 2019 and 2018:

	2020		2019		2018
	(In thousands)
Americas:
United States	$	1,096,263	$	982,380	$	924,644
Other Americas	43,652		43,473		32,531
Total Americas	1,139,915		1,025,853		957,175
Asia:
China	406,645		241,474		210,194
Other Asia	487,362		459,028		395,221
Total Asia	894,007		700,502		605,415
Europe, Middle East and Africa	469,804		433,314		406,877
Japan	179,165		176,650		168,555
Total	$	2,682,891	$	2,336,319	$	2,138,022

The following table presents a summary of property, plant and equipment assets by geography as of January 2, 2021, December 28, 2019 and December 29, 2018:

	As of
	January 2, 2021		December 28, 2019		December 29, 2018
	(In thousands)
Americas:
United States	$	248,292	$	220,023	$	200,025
Other Americas	753		728		475
Total Americas	249,045		220,751		200,500
Asia:
China	16,416		15,729		9,608
Other Asia	28,668		27,890		30,021
Total Asia	45,084		43,619		39,629
Europe, Middle East and Africa	16,304		10,474		11,784
Japan	692		1,011		717
Total*	$	311,125	$	275,855	$	252,630