XML 17 R6.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Aug. 01, 2020
Aug. 03, 2019
Cash flows provided by operating activities:    
Net income $ 296,250 $ 173,103
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of equipment, building, furniture and fixtures, and amortization of leasehold improvements 70,370 65,071
Share-based compensation costs 50,838 44,446
Amortization of intangible assets 29,035 26,610
Deferred taxes 57,636 35,949
Provision for inventory excess and obsolescence 20,176 18,833
Provision for warranty 19,172 15,933
Other 15,085 743
Changes in assets and liabilities:    
Accounts receivable (6,688) (2,517)
Inventories (39,568) (115,427)
Prepaid expenses and other (52,945) (85,039)
Operating lease right-of-use assets 12,816  
Accounts payable, accruals and other obligations (131,647) (9,005)
Deferred revenue (19,039) 4,427
Short and long-term operating lease liabilities (15,132)  
Net cash provided by operating activities 306,359 173,127
Cash flows provided by (used in) investing activities:    
Payments for equipment, furniture, fixtures and intellectual property (61,333) (49,063)
Purchase of available for sale securities (39,859) (127,601)
Proceeds from maturities of available for sale securities 90,000 120,000
Proceeds from sales of available for sale securities 0 98,263
Settlement of foreign currency forward contracts, net 3,067 (3,155)
Acquisition of business, net of cash acquired (28,300) 0
Purchase of equity investment 0 (2,667)
Net cash provided by (used in) investing activities (36,425) 35,777
Cash flows used in financing activities:    
Payment of long-term debt (3,465) (5,250)
Payment of debt issuance costs (382) 0
Payment of finance lease obligations (2,030)  
Payment of finance lease obligations   (2,599)
Payment for debt conversion liability 0 (111,268)
Shares repurchased for tax withholdings on vesting of stock unit awards (26,328) (23,234)
Repurchases of common stock - repurchase program (74,535) (110,484)
Proceeds from issuance of common stock 27,986 22,895
Net cash used in financing activities (78,754) (229,940)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (1,526) 392
Net increase (decrease) in cash, cash equivalents and restricted cash 189,654 (20,644)
Cash, cash equivalents and restricted cash at beginning of period 904,161 745,434
Cash, cash equivalents and restricted cash at end of period 1,093,815 724,790
Supplemental disclosure of cash flow information    
Cash paid during the period for interest 25,278 29,921
Cash paid during the period for income taxes, net 41,316 21,573
Operating lease payments 16,762 0
Non-cash investing and financing activities    
Purchase of equipment in accounts payable 4,200 4,328
Repurchase of common stock in accrued liabilities from repurchase program 0 1,441
Conversion of debt conversion liability into 1,585,140 shares of common stock 0 52,944
Operating lease right-of-use assets subject to lease liability $ 11,404 $ 0