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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Oct. 29, 2022
Oct. 30, 2021
Oct. 31, 2020
Revenue:      
Total revenue $ 3,632,661 $ 3,620,684 $ 3,532,157
Cost of goods sold:      
Total cost of goods sold 2,072,317 1,898,705 1,879,266
Gross profit 1,560,344 1,721,979 1,652,891
Operating expenses:      
Research and development 624,656 536,666 529,888
Selling and marketing 466,565 452,214 416,425
General and administrative 179,382 181,874 169,548
Significant asset impairments and restructuring costs 33,824 29,565 22,652
Amortization of intangible assets 32,511 23,732 23,383
Acquisition and integration costs 598 2,572 4,031
Total operating expenses 1,337,536 1,226,623 1,165,927
Income from operations 222,808 495,356 486,964
Interest and other income (loss), net 6,747 (1,768) 964
Interest expense (47,050) (30,837) (31,321)
Loss on extinguishment and modification of debt 0 0 (646)
Income before income taxes 182,505 462,751 455,961
Provision (benefit) for income taxes 29,603 (37,445) 94,670
Net income $ 152,902 $ 500,196 $ 361,291
Basic net income per common share (in dollars per share) $ 1.01 $ 3.22 $ 2.34
Diluted net income per potential common share (in dollars per share) $ 1.00 $ 3.19 $ 2.32
Weighted average basic common shares outstanding (in shares) 151,208 155,279 154,287
Weighted average diluted potential common shares outstanding (in shares) 152,193 156,743 155,955
Products      
Revenue:      
Total revenue $ 2,888,848 $ 2,932,602 $ 2,914,790
Cost of goods sold:      
Total cost of goods sold 1,699,631 1,545,269 1,573,791
Services      
Revenue:      
Total revenue 743,813 688,082 617,367
Cost of goods sold:      
Total cost of goods sold $ 372,686 $ 353,436 $ 305,475