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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Oct. 28, 2023
Oct. 29, 2022
Oct. 30, 2021
Revenue:      
Total revenue $ 4,386,549 $ 3,632,661 $ 3,620,684
Cost of goods sold:      
Total cost of goods sold 2,507,698 2,072,317 1,898,705
Gross profit 1,878,851 1,560,344 1,721,979
Operating expenses:      
Research and development 750,559 624,656 536,666
Selling and marketing 490,804 466,565 452,214
General and administrative 215,284 179,382 181,874
Significant asset impairments and restructuring costs 23,834 33,824 29,565
Amortization of intangible assets 37,351 32,511 23,732
Acquisition and integration costs 3,474 598 2,572
Total operating expenses 1,521,306 1,337,536 1,226,623
Income from operations 357,545 222,808 495,356
Interest and other income (loss), net 62,008 6,747 (1,768)
Interest expense (88,026) (47,050) (30,837)
Loss on extinguishment and modification of debt (7,874) 0 0
Income before income taxes 323,653 182,505 462,751
Provision (benefit) for income taxes 68,826 29,603 (37,445)
Net income $ 254,827 $ 152,902 $ 500,196
Basic net income per common share (in dollars per share) $ 1.71 $ 1.01 $ 3.22
Diluted net income per potential common share (in dollars per share) $ 1.71 $ 1.00 $ 3.19
Weighted average basic common shares outstanding (in shares) 148,971 151,208 155,279
Weighted average diluted potential common shares outstanding (in shares) 149,380 152,193 156,743
Products      
Revenue:      
Total revenue $ 3,581,039 $ 2,888,848 $ 2,932,602
Cost of goods sold:      
Total cost of goods sold 2,088,440 1,699,631 1,545,269
Services      
Revenue:      
Total revenue 805,510 743,813 688,082
Cost of goods sold:      
Total cost of goods sold $ 419,258 $ 372,686 $ 353,436