ACCUMULATED OTHER COMPREHENSIVE INCOME

3 Months Ended

Jan. 27, 2024

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

The following table summarizes the changes in accumulated balances of other comprehensive income (“AOCI”), net of tax, for the three months ended January 27, 2024 (in thousands):


	Unrealized Gain (Loss) on
	Available-for-sale Securities		Foreign Currency Forward Contracts		Interest Rate Swaps		Cumulative Translation Adjustment		Total
Balance at October 28, 2023	$	(372)	$	(8,156)	$	18,962	$	(48,201)	$	(37,767)
Other comprehensive gain (loss) before reclassifications	895		6,448		(5,592)		14,323		16,074
Amounts reclassified from AOCI	—		708		(3,882)		—		(3,174)
Balance at January 27, 2024	$	523	$	(1,000)	$	9,488	$	(33,878)	$	(24,867)

The following table summarizes the changes in AOCI, net of tax, for the three months ended January 28, 2023 (in thousands):


	Unrealized Gain (Loss) on
	Available-for-sale Securities		Foreign Currency Forward Contracts		Interest Rate Swaps		Cumulative Translation Adjustment		Total
Balance at October 29, 2022	$	(2,965)	$	(10,197)	$	9,397	$	(42,880)	$	(46,645)
Other comprehensive gain (loss) before reclassifications	1,050		7,630		(4,226)		15,979		20,433
Amounts reclassified from AOCI	—		(2,288)		(799)		—		(3,087)
Balance at January 28, 2023	$	(1,915)	$	(4,855)	$	4,372	$	(26,901)	$	(29,299)

All amounts reclassified from AOCI, related to settlement (gains) losses on foreign currency forward contracts designated as cash flow hedges, impacted research and development expense on the Condensed Consolidated Statements of Operations. All amounts reclassified from AOCI, related to settlement (gains) losses on interest rate swaps designated as cash flow hedges, impacted interest and other income, net, on the Condensed Consolidated Statements of Operations.