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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
May 01, 2021
May 02, 2020
May 01, 2021
May 02, 2020
Revenue:        
Total revenue $ 833,927 $ 894,053 $ 1,591,057 $ 1,726,965
Cost of goods sold:        
Total cost of goods sold 421,508 480,727 820,747 943,104
Gross profit 412,419 413,326 770,310 783,861
Operating expenses:        
Research and development 110,246 131,530 242,987 262,430
Selling and marketing 110,387 101,214 207,665 208,280
General and administrative 43,635 42,030 83,628 84,498
Amortization of intangible assets 6,019 5,839 11,929 11,692
Significant asset impairments and restructuring costs 8,209 3,811 14,076 8,283
Acquisition and integration costs 294 1,414 601 3,233
Total operating expenses 278,790 285,838 560,886 578,416
Income from operations 133,629 127,488 209,424 205,445
Interest and other income (loss), net (1,274) (2,665) (2,395) 981
Interest expense (7,785) (7,860) (15,145) (16,675)
Loss on extinguishment and modification of debt 0 0 0 (646)
Income before income taxes 124,570 116,963 191,884 189,105
Provision for income taxes 21,453 25,308 33,419 35,122
Net income $ 103,117 $ 91,655 $ 158,465 $ 153,983
Basic net income per common share (in dollars per share) $ 0.66 $ 0.60 $ 1.02 $ 1.00
Diluted net income per potential common share (in dollars per share) $ 0.66 $ 0.59 $ 1.01 $ 0.99
Weighted average basic common shares outstanding (in shares) 155,331 153,858 155,257 154,099
Weighted average dilutive potential common shares outstanding (in shares) 156,876 155,141 156,734 155,443
Products        
Revenue:        
Total revenue $ 670,043 $ 739,892 $ 1,267,263 $ 1,427,107
Cost of goods sold:        
Total cost of goods sold 339,601 405,138 654,699 794,151
Services        
Revenue:        
Total revenue 163,884 154,161 323,794 299,858
Cost of goods sold:        
Total cost of goods sold $ 81,907 $ 75,589 $ 166,048 $ 148,953