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Hedging
12 Months Ended
Nov. 01, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Hedging
Hedging
From time to time the Company enters into non-derivative financial instruments to hedge its net investment in certain foreign subsidiaries. During fiscal years 2014 through the third quarter of fiscal year 2015, the Company primarily used short-term foreign currency borrowings to hedge its net investments in certain foreign operations.
During fiscal 2015, the Company discontinued the use of short-term foreign currency borrowings for hedging. At November 2, 2014, the Company had outstanding $8.5 million of foreign currency denominated short-term borrowings used to hedge the Company’s net investments in certain foreign subsidiaries which were fully satisfied during the first quarter of 2015. The Company does not designate and document these instruments as hedges under ASC 815, Derivatives and Hedging, and as a result gains and losses associated with these instruments are included in Foreign Exchange Gain (Loss), net in our Consolidated Statements of Operations. For fiscal years 2015, 2014 and 2013, net gains/(losses) on these borrowings and instruments of less than $0.1 million, $0.5 million and $0.1 million, respectively, were included in Foreign Exchange Gain (Loss), net in the Consolidated Statements of Operations.