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Prepaid Expenses and Other
3 Months Ended
Jan. 30, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Prepaid Expenses and Other PREPAID EXPENSES AND OTHER
As of the dates indicated, prepaid expenses and other are comprised of the following (in thousands):
January 30,
2021
October 31,
2020
Contract assets for unbilled accounts receivable, net$85,461 $85,843 
Prepaid expenses76,462 70,647 
Prepaid VAT and other taxes73,767 72,838 
Product demonstration equipment, net44,707 44,793 
Other non-trade receivables26,099 21,981 
Capitalized contract acquisition costs10,712 11,296 
Derivative assets8,397 82 
Deferred deployment expense505 604 
 $326,110 $308,084 

Depreciation of product demonstration equipment was $2.6 million during the first three months of fiscal 2021 and $2.2 million during the first three months of fiscal 2020.

For further discussion on contract assets and capitalized contract acquisition costs, see Note 3 above.