Receivables, net (Tables)

3 Months Ended

Apr. 02, 2022

Receivables [Abstract]

Current and long-term accounts receivable balances

Cadence’s current and long-term receivables balances as of April 2, 2022 and January 1, 2022 were as follows:

	As of
	April 2, 2022		January 1, 2022
	(In thousands)
Accounts receivable	$	227,181	$	185,599
Unbilled accounts receivable	137,244		155,689
Long-term receivables	6,781		5,098
Total receivables	371,206		346,386
Less allowance for doubtful accounts	(2,636)		(3,692)
Total receivables, net	$	368,570	$	342,694