INCOME TAXES (Tables)

12 Months Ended

Oct. 31, 2018

INCOME TAXES [Abstract]

Income Before Income Tax Provision for Domestic and Foreign

Income before the income tax provisions consists of the following:

	Year Ended
	October 31, 2018			October 29, 2017			October 30, 2016
United States	$	(9,859	)	$	(11,544	)	$	6,270
Foreign		78,430			38,109			54,204
	$	68,571		$	26,565		$	60,474

Income Tax Provision

The income tax provisions consist of the following:

	Year Ended
	October 31, 2018			October 29, 2017			October 30, 2016
Current:
Federal	$	(30	)	$	173		$	492
State		(0	)		(4	)		(2	)
Foreign		11,584			3,474			8,115
Deferred:
Federal		(3,673	)		-			-
State		(24	)		15			10
Foreign		(522	)		1,618			(3,817	)
Total	$	7,335		$	5,276		$	4,798

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
	October 31, 2018			October 29, 2017			October 30, 2016
U.S. federal income tax at statutory rate	$	16,059		$	9,298		$	21,166
Changes in valuation allowances		4,554			(3,632	)		(9,516	)
Distributions from foreign subsidiaries		-			6,471			3,438
Foreign tax rate differentials		(2,078	)		(5,230	)		(9,620	)
Tax credits		(1,530	)		(1,925	)		(944	)
Uncertain tax positions, including reserves, settlements and resolutions		(1,791	)		(932	)		134
Employee stock option		(1,433	)		512			452
Income tax holiday		(2,648	)		(743	)		(507	)
Tax reform		(3,736	)		-			-
Tax on foreign subsidiary earnings		-			1,712			225
Other, net		(62	)		(255	)		(30	)
	$	7,335		$	5,276		$	4,798

Net Deferred Income Tax Assets

The net deferred income tax assets consist of the following:

	As of
	October 31, 2018			October 29, 2017
Deferred income tax assets:
Net operating losses	$	30,805		$	40,942
Reserves not currently deductible		4,703			4,196
Alternative minimum tax credits		3,673			3,946
Tax credit carryforwards		9,159			10,037
Share-based compensation		767			2,335
Other		1,210			1,503
		50,317			62,959
Valuation allowances		(24,383	)		(25,590	)
		25,934			37,369
Deferred income tax liabilities:
Undistributed earnings of foreign subsidiaries		(0	)		(4,335	)
Property, plant and equipment		(8,020	)		(19,280	)
Other		(448	)		(322	)
		(8,468	)		(23,937	)
Net deferred income tax assets	$	17,466		$	13,432
Reported as:
Deferred income tax assets	$	18,109		$	15,481
Deferred income tax liabilities		(643	)		(2,049	)
	$	17,466		$	13,432

Operating Loss Carryforwards

The following tables present our available operating loss and credit carryforwards at October 31, 2018, and their related expiration periods:

Operating Loss Carryforwards	Amount		Expiration Periods
Federal	$	78,902		2028-2033
State		208,411		2018-2038
Foreign		9,761		2021-2027

Tax Credit Carryforwards

Tax Credit Carryforwards	Amount		Expiration Period
Federal research and development	$	4,314		2019-2038
Federal alternative minimum		3,673	Refundable
State		5,819		2020-2032
Foreign		246		2019-2020

Reconciliation of 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
	October 31, 2018			October 29, 2017			October 30, 2016
Balance at beginning of year	$	3,384		$	4,606		$	4,029
Additions (reductions) for tax positions in prior years		(44	)		207			744
Additions based on current year tax positions		498			323			268
Settlements		(56	)		(922	)		(378	)
Lapses of statutes of limitations		(2,007	)		(830	)		(57	)
Balance at end of year	$	1,775		$	3,384		$	4,606