XML 46 R29.htm IDEA: XBRL DOCUMENT v3.24.0.1
Segment Reporting
 12 Months Ended
Dec. 31, 2023
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 fiscal 2023, 2022 and 2021:
 202320222021
 (In thousands)
Americas:
United States$1,694,529 $1,577,881 $1,292,980 
Other Americas65,259 53,123 42,141 
Total Americas1,759,788 1,631,004 1,335,121 
Asia:
China679,538 521,509 378,160 
Other Asia766,409 629,533 566,772 
Total Asia1,445,947 1,151,042 944,932 
Europe, Middle East and Africa655,078 582,350 523,390 
Japan229,173 197,322 184,801 
Total$4,089,986 $3,561,718 $2,988,244 
The following table presents a summary of long-lived assets by geography as of December 31, 2023, December 31, 2022, and January 1, 2022: 
 As of
 December 31,
2023		December 31,
2022		January 1,
2022
 (In thousands)
Americas:
United States$383,807 $347,822 $267,202 
Other Americas10,219 7,548 975 
Total Americas394,026 355,370 268,177 
Asia:
China29,598 51,667 56,403 
Other Asia71,365 73,329 54,677 
Total Asia100,963 124,996 111,080 
Europe, Middle East and Africa56,449 56,959 53,748 
Japan2,572 4,505 3,030 
Total$554,010 $541,830 $436,035