OTHER BALANCE SHEET DETAILS (Tables)

12 Months Ended

Oct. 28, 2023

Balance Sheet Related Disclosures [Abstract]

Schedule of Other Long-term Assets

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

	October 28, 2023		October 29, 2022
Maintenance spares inventory, net	$	54,042	$	44,815
Interest rate swaps	24,953		12,306
Deferred compensation plan assets	11,456		12,751
Cloud computing arrangements(1)	8,589		6,050
Capitalized contract acquisition costs	6,879		6,151
Deferred debt issuance costs, net(2)	1,956		781
Restricted cash	168		26
Cost method equity investments(3)	48		20,698
Other	8,362		10,039
	$	116,453	$	113,617

(1) During fiscal 2023, fiscal 2022 and fiscal 2021, Ciena recorded amortization of cloud computing arrangements of $2.6 million, $2.8 million and $2.4 million, respectively.

(2) Deferred debt issuance costs relate to Ciena’s senior secured revolving credit facility (the “Revolving Credit Facility”) entered into during fiscal 2023 and its predecessor asset-backed credit facility (described in Note 20 below). The amortization of deferred debt issuance costs for the Revolving Credit Facility and its predecessor is included in interest expense, and was $0.4 million for fiscal 2023, fiscal 2022 and fiscal 2021.

(3) During the first quarter of fiscal 2023, Ciena acquired its previously held cost method equity investment in Tibit in a business combination, see Note 4 above.

Schedule of Accrued Liabilities

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

	October 28, 2023		October 29, 2022
Compensation, payroll related tax and benefits (1)	$	159,530	$	126,338
Warranty	57,089		45,503
Vacation	29,503		26,396
Income taxes payable	16,341		11,472
Foreign currency forward contracts	14,509		15,604
Interest payable	4,514		4,793
Finance lease liabilities	3,953		3,758
Other	145,980		126,918
	$	431,419	$	360,782

(1) Increase is primarily due to a higher accrual rate related to Ciena’s 2023 annual cash incentive compensation plan.

Schedule of Accrued Warranty

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
October 30, 2021	$	49,868	$	17,093	$	(18,942)	$	48,019
October 29, 2022	$	48,019	$	17,440	$	(19,956)	$	45,503
October 28, 2023	$	45,503	$	31,742	$	(20,156)	$	57,089

Schedule of Deferred Revenue

The following table provides information about receivables, contract assets and contract liabilities (deferred revenue) from contracts with customers (in thousands):

	Balance at October 28, 2023		Balance at October 29, 2022
Accounts receivable, net	$	1,003,876	$	920,772
Contract assets for unbilled accounts receivable, net	$	150,312	$	156,039
Deferred revenue	$	228,460	$	200,235

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

	October 28, 2023		October 29, 2022
Products	$	28,353	$	19,814
Services	200,107		180,421
Total deferred revenue	228,460		200,235
Less current portion	(154,419)		(137,899)
Long-term deferred revenue	$	74,041	$	62,336

Schedule of Other Liabilities

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

	October 28, 2023		October 29, 2022
Finance lease liabilities	$	48,192	$	53,176
Income tax liability	98,259		72,644
Deferred compensation plan liability	11,444		12,535
Other	12,512		11,980
	$	170,407	$	150,335