Other Balance Sheet Details

12 Months Ended

Oct. 31, 2020

Balance Sheet Related Disclosures [Abstract]

OTHER BALANCE SHEET DETAILS

OTHER BALANCE SHEET DETAILS

As of the dates indicated, other long-term assets are comprised of the following (in thousands):

	October 31, 2020		November 2, 2019
Maintenance spares inventory, net	$	62,077	$	55,482
Cost method equity investments(1)	13,408		10,727
Capitalized contract acquisition costs	4,001		3,994
Deferred debt issuance costs, net(2)	1,596		1,609
Restricted cash	84		42
Other	21,664		17,132
	$	102,830	$	88,986

(1) Ciena recorded an upward adjustment of $2.7 million to the carrying value of cost method equity investments to interest and other income (loss), net on the Consolidated Statements of Operations during the fourth quarter of fiscal 2020.

(2) Deferred debt issuance costs relate to Ciena’s senior secured asset-based revolving credit facility (the “ABL Credit Facility”) entered into during fiscal 2019 and its predecessor credit facility (described in Note 19 below). The amortization of deferred debt issuance costs for the ABL Credit Facility and its predecessor is included in interest expense, and was $0.4 million for fiscal 2020, and $0.3 million for fiscal 2019 and fiscal 2018.

As of the dates indicated, accrued liabilities and other short-term obligations are comprised of the following (in thousands):

	October 31, 2020		November 2, 2019
Compensation, payroll related tax and benefits	$	135,462	$	182,363
Warranty	49,868		48,498
Vacation	26,945		22,290
Finance lease liability	2,836		2,764
Interest payable	672		1,007
Contingent consideration	—		4,372
Other	118,349		121,446
	$	334,132	$	382,740

The following table summarizes the activity in Ciena’s accrued warranty for the fiscal years indicated (in thousands):

Year Ended	Beginning Balance		Current Year Provisions		Settlements		Ending Balance
November 3, 2018	$	42,456	$	20,992	$	18,708	$	44,740
November 2, 2019	$	44,740	$	23,105	$	19,347	$	48,498
October 31, 2020	$	48,498	$	22,417	$	21,047	$	49,868

As of the dates indicated, deferred revenue is comprised of the following (in thousands):

	October 31, 2020		November 2, 2019
Products	$	17,534	$	27,366
Services	140,829		129,507
	158,363		156,873
Less current portion	(108,700)		(111,381)
Long-term deferred revenue	$	49,663	$	45,492

As of the dates indicated, other long-term obligations are comprised of the following (in thousands):

	October 31, 2020		November 2, 2019
Finance lease liability	$	61,565	$	65,284
Interest rate swap liability	28,513		21,093
Income tax liability	16,386		20,546
Deferred tenant allowance	—		6,248
Straight-line rent	—		5,434
Contingent consideration	—		3,705
Other	16,721		26,437
	$	123,185	$	148,747