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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Oct. 28, 2023
Oct. 29, 2022
Oct. 30, 2021
Cash flows provided by (used in) operating activities:      
Net income $ 254,827 $ 152,902 $ 500,196
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Loss on extinguishment of debt 1,864 0 0
Depreciation of equipment, building, furniture and fixtures, and amortization of leasehold improvements 92,564 95,922 96,233
Share-based compensation costs 130,455 105,131 84,336
Amortization of intangible assets 49,616 44,281 36,033
Deferred taxes (14,852) (27,502) (156,469)
Provision for inventory excess and obsolescence 29,464 16,184 17,850
Provision for warranty 31,742 17,440 17,093
Gain on cost method equity investments, net (26,368) (4,120) (164)
Other 15,771 4,120 14,689
Changes in assets and liabilities:      
Accounts receivable (94,565) (47,069) (174,377)
Inventories (132,497) (589,113) (47,567)
Prepaid expenses and other (51,965) (58,996) (19,691)
Operating lease right-of-use assets 14,190 16,453 16,632
Accounts payable, accruals and other obligations (138,469) 100,327 162,134
Deferred revenue 27,412 26,380 16,822
Short and long-term operating lease liabilities (20,857) (20,096) (22,104)
Net cash provided by (used in) operating activities 168,332 (167,756) 541,646
Cash flows used in investing activities:      
Payments for equipment, furniture, fixtures and intellectual property (106,197) (90,818) (79,550)
Purchases of investments (252,329) (647,526) (170,525)
Proceeds from sales and maturities of investments 208,104 702,197 150,000
Proceeds from sale of cost method equity investment 0 0 4,678
Purchase of cost method equity investment 0 (8,000) 0
Settlement of foreign currency forward contracts, net (2,984) 4,942 4,680
Acquisition of businesses, net of cash acquired (230,048) (62,043) 0
Net cash used in investing activities (383,454) (101,248) (90,717)
Cash flows provided by (used in) financing activities:      
Proceeds from issuance of senior notes 0 400,000 0
Proceeds from issuance of term loan, net 497,500 0 0
Payment of long-term debt (9,430) (5,197) (6,929)
Proceeds from modification of term loan 830 0 0
Payment of debt issuance costs (6,379) (5,484) 0
Payment of finance lease obligations (3,791) (3,468) (3,004)
Shares repurchased for tax withholdings on vesting of stock unit awards (38,506) (48,454) (44,071)
Repurchases of common stock - repurchase program, net (242,201) (500,800) (91,288)
Proceeds from issuance of common stock 31,357 30,348 28,457
Net cash provided by (used in) financing activities 229,380 (133,055) (116,835)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 2,150 (26,167) (198)
Net increase (decrease) in cash, cash equivalents and restricted cash 16,408 (428,226) 333,896
Cash, cash equivalents and restricted cash at beginning of fiscal year 994,378 1,422,604 1,088,708
Cash, cash equivalents and restricted cash at end of fiscal year 1,010,786 994,378 1,422,604
Supplemental disclosure of cash flow information      
Cash paid during the fiscal year for interest 84,465 42,812 29,864
Cash paid during the fiscal year for income taxes, net 78,242 34,967 73,127
Operating lease payments 22,782 21,661 24,058
Non-cash investing and financing activities      
Purchase of equipment in accounts payable 6,990 12,373 10,138
Repurchase of common stock in accrued liabilities from repurchase program 9,310 0 800
Operating lease right-of-use assets subject to lease liability 10,236 23,242 4,356
Gain on cost method equity investment $ 26,368 $ 4,120 $ 164