CASH, CASH EQUIVALENTS AND RESTRICTED CASH

9 Months Ended

Aug. 01, 2021

CASH, CASH EQUIVALENTS AND RESTRICTED CASH [Abstract]

CASH, CASH EQUIVALENTS AND RESTRICTED CASH

NOTE 2 - CASH, CASH EQUIVALENTS AND RESTRICTED CASH

Cash and cash equivalents include cash and highly liquid investments with an original maturity of three months or less, readily convertible to known amounts of cash, and so near to their maturity that they present insignificant risk of changes in value because of changes in interest rates. The carrying values of cash equivalents approximate their fair values, due to the short-term maturities of these instruments.

Restricted cash is included in Other assets in our August 1, 2021 and October 31, 2020, condensed consolidated balance sheets, respectively. The restrictions on these amounts are primarily related to land lease agreements and customs requirements.

The following table presents cash and cash equivalents as reported in our condensed consolidated balance sheets, as well as the sum of cash, cash equivalents and restricted cash, as reported in our condensed consolidated statements of cash flows.

	August 1, 2021		October 31, 2020
Cash and cash equivalents	$	283,249	$	278,665
Restricted Cash		3,000		2,937
	$	286,249	$	281,602