INCOME TAXES (Tables)

12 Months Ended

Nov. 02, 2014

Income (loss) before income tax provision for domestic and foreign

Income before the income tax provisions consist of the following:

	Year Ended
	November 2, 2014			November 3, 2013			October 28, 2012

United States	$	(23,083	)	$	(14,164	)	$	(5,474	)
Foreign		64,413			40,969			46,122
	$	41,330		$	26,805		$	40,648

Income tax provision

The income tax provisions consist of the following:

	Year Ended
	November 2, 2014			November 3, 2013			October 28, 2012
Current:
Federal	$	354		$	208		$	81
State		-			65			(5	)
Foreign		4,726			7,222			11,332

Deferred:
Federal		-			-			-
State		(5	)		(181	)		-
Foreign		4,220			(85	)		(615	)
Total	$	9,295		$	7,229		$	10,793

Income tax rate reconciliation

The income tax provisions differ from the amount computed by applying the statutory U.S. federal income tax rate to income before income taxes as a result of the following:

	Year Ended
	November 2, 2014			November 3, 2013			October 28, 2012
U.S. federal income tax at statutory rate	$	14,465		$	9,382		$	14,227
Changes in valuation allowances		(7,575	)		1,325			1,806
Distributions from foreign subsidiaries		12,674			1,957			2,073
State income taxes, net of federal benefit		(141	)		267			(1,956	)
Foreign tax rate differentials		(4,864	)		(4,851	)		(3,805	)
Tax credits		(2,847	)		(3,967	)		(1,071	)
Uncertain tax positions, including reserves, settlements and resolutions		(2,255	)		1,471			1,984
Debt extinguishment losses		-			-			(2,879	)
Gain on acquisition of DPTT		(5,748	)		-			-
Intercompany gain elimination		4,759			-			-
Equity based compensation		714			765			499
Other, net		113			880			(85	)
	$	9,295		$	7,229		$	10,793

Net deferred income tax assets

The net deferred income tax assets consist of the following:

	As of
	November 2, 2014			November 3, 2013
Deferred income tax assets:
Net operating losses	$	64,529		$	57,631
Reserves not currently deductible		6,948			7,101
Alternative minimum tax credits		3,121			3,116
Tax credit carryforwards		8,368			7,051
Other		1,773			1,892
		84,739			76,791
Valuation allowances		(49,548	)		(56,661	)
		35,191			20,130
Deferred income tax liabilities:
Undistributed earnings of foreign subsidiaries		(5,366	)		(5,347	)
Property, plant and equipment		(11,503	)		(890	)
Investments		(2,660	)		(371	)
Other		(448	)		(992	)
		(19,977	)		(7,600	)
Net deferred income tax assets	$	15,214		$	12,530
Reported as:
Current deferred tax assets	$	7,223		$	1,082
Noncurrent deferred tax assets		11,036			12,455
Noncurrent deferred tax liabilities		(3,045	)		(1,007	)
	$	15,214		$	12,530

Reconciliation of the beginning and ending amount of unrecognized tax benefits, excluding interest and penalties

A reconciliation of the beginning and ending amounts of unrecognized tax benefits, excluding interest and penalties, is as follows:

	Year Ended
	November 2, 2014			November 3, 2013			October 28, 2012
Balance at beginning of year	$	4,757		$	3,793		$	1,824

Additions (reductions) for tax positions in prior years		3,437			1,224			1,932

Additions based on current year tax positions		272			207			616

Settlements		(3,155	)		(406	)		(518	)

Lapses of statutes of limitations		(318	)		(61	)		(61	)

Balance at end of year	$	4,993		$	4,757		$	3,793