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FAIR VALUE MEASUREMENTS
12 Months Ended
Nov. 02, 2014
FAIR VALUE MEASUREMENTS [Abstract]  
FAIR VALUE MEASUREMENTS
NOTE 20 - FAIR VALUE MEASUREMENTS

     The accounting framework for determining fair value includes a hierarchy for ranking the quality and reliability of the information used to measure fair value, which enables the reader of the financial statements to assess the inputs used to develop those measurements. The fair value hierarchy consists of three tiers as follows: Level 1, defined as quoted market prices in active markets for identical securities; Level 2, defined as inputs other than Level 1 that are observable, either directly or indirectly; and Level 3, defined as unobservable inputs that are not corroborated by market data.

     The Company did not have any assets or liabilities measured at fair value, on a recurring or a nonrecurring basis, at November 2, 2014, or November 3, 2013. During the three month period ended May 4, 2014, the Company measured and recorded the net assets it acquired in its subsidiary’s acquisition of DPTT at fair value. See Note 2 for further information.

Fair Value of Other Financial Instruments

     The fair values of the Company's cash and cash equivalents (Level 1 measurements), accounts receivable, accounts payable, and certain other current assets and current liabilities (Level 2 measurements) approximate their carrying value due to their short-term maturities. The fair value of the Company's variable rate term loan is a Level 2 measurement and approximates its carrying value due to the variable nature of the underlying interest rates. The fair value of the Company's convertible senior notes is a Level 2 measurement that is determined using recent bid prices.

     The table below presents the fair and carrying values of the Company's convertible senior notes at November 2, 2014, and November 3, 2013.

  
November 2, 2014
  
November 3, 2013
 
  
Fair Value
  
Carrying Value
  
Fair Value
  
Carrying Value
 
3.25% convertible senior notes
 
$
122,544
  
$
115,000
  
$
130,330
  
$
115,000
 
5.5% convertible senior notes
 
$
-
  
$
-
  
$
37,567
  
$
22,054