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SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Oct. 29, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Weighted average assumptions for equity awards granted
The weighted average assumptions for the option awards granted on December 15, 2016, December 15, 2015 and December 15, 2014 are as follows:
 
December 15,
2016
 
December 15,
2015
 
December 15,
2014
Expected volatility
42.63
%
 
43.71
%
 
49.65
%
Expected term (in years)
5.50

 
5.50

 
5.50

Risk-free interest rate
2.15
%
 
1.77
%
 
1.63
%
Summary of stock option transactions
The following is a summary of stock option transactions during fiscal 2017, 2016 and 2015 (in thousands, except weighted average exercise prices and weighted average remaining life):
 
Number of
Shares
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Life
 
Aggregate
Intrinsic
Value
Balance, November 2, 2014
1,948

 
$
11.05

 
 
 
 
Granted
10

 
17.07

 
 
 
 
Exercised
(40
)
 
(8.85
)
 
 
 
 
Cancelled
(14
)
 
(175.08
)
 
 
 
 
Balance, November 1, 2015
1,904

 
9.85

 
 
 
 
Granted
29

 
12.76

 
 
 
 
Exercised
(1,418
)
 
(8.89
)
 
 
 
 
Cancelled
(7
)
 
(227.21
)
 
 
 
 
Balance, October 30, 2016
508

 
10.24

 
 
 
 
Granted
11

 
15.70

 
 
 
 
Exercised
(183
)
 
(9.03
)
 
 
 
 
Balance, October 29, 2017
336

 
$
11.06

 
3.7
 
$
1,534

Exercisable at October 29, 2017
319

 
$
10.79

 
3.5
 
$
1,534

Additional information concerning outstanding options
The following summarizes additional information concerning outstanding options at October 29, 2017 (in thousands, except weighted average remaining life and weighted average exercise prices):
Options Outstanding
Number of
Options
 
Weighted Average
Remaining Life
 
Weighted Average
Exercise Price
310

 
3.4 years
 
$
10.59

26

 
7.8 years
 
16.66

336

 
3.7 years
 
$
11.06

The following summarizes additional information concerning options exercisable at October 29, 2017 (in thousands, except weighted average exercise prices):
Options Exercisable
Number of
Options
 
Weighted Average
Exercise Price
310

 
$
10.59

9

 
17.37

319

 
$
10.79

Fair value and cash value of Performance Share Awards granted
The fair value and cash value of Performance Share Awards granted in fiscal 2017, 2016 and 2015 are as follows (in millions):
 
Fiscal year ended
 
October 29,
2017
 
October 30,
2016
 
November 1,
2015
Equity fair value
$
2.0

 
$
2.4

 
$
1.5

Cash value
$
2.0

 
$
2.1

 
$
1.7

Restricted stock and performance award transactions
Restricted stock and performance award transactions during fiscal 2017, 2016 and 2015 were as follows (in thousands, except weighted average grant prices):
 
Restricted Stock and Performance Awards
 
Time-Based
 
Performance-Based
 
Market-Based
 
Number of
Shares
 
Weighted
Average
Grant Price
 
Number of
Shares
(1)
 
Weighted
Average
Grant Price
 
Number of
Shares
(1)
 
Weighted
Average
Grant Price
Balance, November 2, 2014
855

 
$
15.22

 
117

 
$
17.47

 
1,028

 
$
11.71

Granted
410

 
16.60

 
270

 
17.04

 
45

 
12.76

Vested
(352
)
 
13.11

 

 

 
(541
)
 
11.71

Forfeited
(85
)
 
23.71

 
(44
)
 
16.22

 
(492
)
 
11.72

Balance, November 1, 2015
828

 
$
15.87

 
343

 
$
17.19

 
40

 
$
11.78

Granted
329

 
12.64

 
516

 
12.76

 
71

 
14.60

Vested
(335
)
 
15.09

 

 

 

 

Forfeited
(60
)
 
14.33

 
(60
)
 
15.22

 
(4
)
 
13.81

Balance, October 30, 2016
762

 
$
14.91

 
799

 
$
14.82

 
107

 
$
14.02

Granted
285

 
15.84

 
362

 
15.70

 
58

 
16.03

Vested
(392
)
 
15.14

 
(165
)
 
16.07

 

 

Forfeited
(27
)
 
14.41

 
(124
)
 
15.88

 
(21
)
 
11.51

Balance, October 29, 2017
628

 
$
15.21

 
872

 
$
14.76

 
144

 
$
15.15

(1)
The number of restricted stock shown reflects the shares that would be granted if the target level of performance is achieved. The number of shares actually issued may vary.
Schedule of employee service share-based compensation, allocation of recognized period costs
Share-based compensation expense as well as the unrecognized share-based compensation expense and weighted average period over which expense attributable to unvested awards will be recognized are as follows (in millions, except weighted average remaining years):
 
Fiscal year ended
 
October 29,
2017
 
October 30,
2016
 
November 1,
2015
Cost of goods sold
$
1.0

 
$
1.1

 
$
1.1

Engineering, selling, general and administrative
9.2

 
9.8

 
8.3

Total recognized share-based compensation expense
$
10.2

 
$
10.9

 
$
9.4

 
Fiscal Year Ended October 29, 2017
 
Unrecognized Share-Based Compensation Expense
 
Weighted Average Remaining Years
Stock options
0.0
 
0.8
Time-based restricted stock
4.8

 
1.8
Performance- and market-based restricted stock
6.7

 
1.7
Total unrecognized share-based compensation expense
$
11.5