LEASES (Tables)

6 Months Ended

May 03, 2020

LEASES [Abstract]

Lease Payments Under Non-cancelable Leases

ROU assets underlying our leases include the land and facilities of some of our operating facilities, other real property, and machinery and equipment. As of May 3, 2020, we had ROU assets under operating leases of $6.5 million, included in “Other Assets”, and $1.8 and $4.1 million of lease liabilities, included in Accrued liabilities and Other liabilities, respectively. The following tables present lease payments under non-cancellable leases as of May 3, 2020.

	Fiscal Year
	2020		2021		2022		2023		2024		Thereafter		Total Lease Payments		Imputed Interest*			Total
Lease payments	$	996	$	1,802	$	1,686	$	787	$	444	$	391	$	6,106	$	(255	)	$	5,851

*Imputed interest represents difference between undiscounted cash flows and discounted cash flows.

Lease Cost

The following table presents lease costs for the three and six-month periods ended May 3, 2020.

	Three Months Ended		Six Months Ended
	May 3, 2020		May 3, 2020
Operating lease costs	$	633	$	1,797
Short-tern lease costs	$	102	$	212
Variable lease costs	$	129	$	129

Supplemental Information Related to Leases

Presented below is other information related to our operating leases.

Supplemental cash flows information:
	Three Months Ended		Six Months Ended
	May 3, 2020		May 3, 2020
Operating cash flows used for operating leases	$	502	$	2,387
ROU assets obtained in exchange for lease obligations	$	58	$	340

Weighted Average Lease Terms And Discount Rates Leases Not Yet Commenced

	As of
	May 3, 2020
Weighted-average remaining lease term	3.7 years
Weighted-average discount rate		2.41	%

Future Minimum Lease Payments Under Non-cancelable Operating Leases

Rent expense, as calculated under guidance in effect prior to our adoption of the new leases guidance, was $3.0 million in fiscal year 2019. At October 31, 2019, future minimum lease payments under non-cancelable operating leases with initial terms in excess of one year were as presented in the table below. The amounts are undiscounted and were calculated in accordance with guidance in effect prior to our adoption of the new leases guidance.

2020	$	1,885
2021		1,613
2022		1,535
2023		742
2024		424
Thereafter		377
	$	6,576