LONG-TERM BORROWINGS (Tables)

3 Months Ended

Jan. 29, 2017

LONG-TERM BORROWINGS [Abstract]

Long-term borrowings

Long-term borrowings consist of the following:

	January 29, 2017		October 30, 2016
3.25% convertible senior notes due in April 2019	$	57,249	$	57,221
2.77% capital lease obligation payable through July 2018		8,724		10,067
		65,973		67,288
Less current portion		5,465		5,428
	$	60,508	$	61,860

Effect on financial statement condensed consolidated balance sheet

The Company adopted Accounting Standard Update (“ASU” or “Update”) 2015-03 “Simplifying the Presentation of Debt Issuance Costs” in the first quarter of its 2017 fiscal year. This ASU requires debt issuance costs related to a recognized debt liability to be presented in the balance sheet as a direct reduction from that debt liability, consistent with the presentation of a debt discount. We adopted this ASU on a retrospective basis, as a result of which our October 30, 2016, condensed consolidated balance sheet and its related long-term borrowings note have been adjusted, as necessary, to reflect this Update’s adoption. The effect on our October 30, 2016, condensed consolidated balance sheet is presented below.

Line Item	Previously Reported		Change Due to Adoption			Retrospectively Adjusted
Other Assets	$	4,071	$	(279	)	$	3,792
Long-term Borrowings	$	62,139	$	(279	)	$	61,860