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Fair Value Measurements (Tables)
12 Months Ended
Oct. 31, 2011
Fair Value Disclosures [Abstract]  
Summary of the fair value of assets recorded on a recurring basis
As of the date indicated, the following table summarizes the fair value of assets that are recorded at fair value on a recurring basis (in thousands):


 
October 31, 2010
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets:
 
 
 
 
 
 
 
Embedded redemption feature
$

 
$

 
$
4,220

 
$
4,220

Contingent consideration

 

 
30,195

 
30,195

Total assets measured at fair value
$

 
$

 
$
34,415

 
$
34,415


 
October 31, 2011
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets:
 
 
 
 
 
 
 
U.S. government obligations
$
50,264

 
$

 
$

 
$
50,264

Embedded redemption feature

 

 
7,020

 
7,020

Total assets measured at fair value
$
50,264

 
$

 
$
7,020

 
$
57,284

Assets are presented on Ciena's Condensed Consolidated Balance Sheet
As of the dates indicated, the assets above were presented on Ciena’s Consolidated Balance Sheet as follows (in thousands):

 
October 31, 2010
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets:
 
 
 
 
 
 
 
Prepaid expenses and other
$

 
$

 
$
30,195

 
$
30,195

Other long-term assets

 

 
4,220

 
4,220

Total assets measured at fair value
$

 
$

 
$
34,415

 
$
34,415


 
October 31, 2011
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets:
 
 
 
 
 
 
 
Long-term investments
$
50,264

 
$

 
$

 
$
50,264

Other long-term assets

 

 
7,020

 
7,020

Total assets measured at fair value
$
50,264

 
$

 
$
7,020

 
$
57,284

Reconciliation of changes in Level 3 fair value measurements
As of the dates indicated, the following table sets forth, in thousands, the reconciliation of changes in Level 3 assets recorded at fair value:

 
Level 3
Balance at October 31, 2010
$
34,415

Issuances

Settlements
(30,195
)
Changes in unrealized gain
2,800

Transfers into Level 3

Transfers out of Level 3

Balance at October 31, 2011
$
7,020