Liabilities and Restructuring Charges

9 Months Ended

Jul. 31, 2017

Liabilities and Restructuring Charges [Abstract]

During the three and nine months ended July 31, 2017, the Company incurred restructuring charges of approximately $6.0 million and $31.0 million, respectively, for involuntary and voluntary employee termination actions. The restructuring actions were undertaken to structure the Company for future growth, reallocate resources to priority areas, and to a lesser extent, eliminate operational redundancy. During the three and nine months ended July 31, 2017, the Company made payments of $2.7 million and $21.5 million, respectively. Payments under the 2017 restructuring plans are expected to be completed by the end of the second quarter of fiscal 2018.

In fiscal 2016, the Company incurred $9.6 million of restructuring charges for severance and benefits due to involuntary employee termination activities. As of July 31, 2017, there was no outstanding balance for the 2016 restructuring activities.

The following is a summary of restructuring activities during the nine months ended July 31, 2017:



	(in thousands)
Liability as of October 31, 2016	$	5,679
Restructuring costs incurred	31,038
Cash payments	$	(21,523	)
As of July 31, 2017(1)	$	15,194


(1)	Outstanding balance recorded in accounts payable and accrued liabilities as payroll and related benefits.

Accounts payable and accrued liabilities consist of:



	July 31, 2017		October 31, 2016
	(in thousands)
Payroll and related benefits	$	297,755	$	321,430
Other accrued liabilities	85,674		66,276
Accounts payable	19,873		13,745
Total	$	403,302	$	401,451

Other long-term liabilities consist of:



	July 31, 2017		October 31, 2016
	(in thousands)
Deferred compensation liability	$	191,013	$	163,185
Other long-term liabilities	56,001		47,670
Total	$	247,014	$	210,855