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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Apr. 27, 2024
Apr. 29, 2023
Apr. 27, 2024
Apr. 29, 2023
Revenue:        
Total revenue $ 910,826 $ 1,132,655 $ 1,948,535 $ 2,189,176
Cost of goods sold:        
Total cost of goods sold 522,165 644,972 1,092,912 1,245,547
Gross profit 388,661 487,683 855,623 943,629
Operating expenses:        
Research and development 195,380 189,993 382,649 371,723
Selling and marketing 124,071 125,083 252,229 248,890
General and administrative 49,573 50,939 104,256 101,835
Significant asset impairments and restructuring costs 15,655 8,153 20,626 12,451
Amortization of intangible assets 7,947 9,845 15,199 17,286
Acquisition and integration costs 0 857 0 3,415
Total operating expenses 392,626 384,870 774,959 755,600
Income (loss) from operations (3,965) 102,813 80,664 188,029
Interest and other income, net 11,797 8,551 22,447 40,524
Interest expense (23,861) (23,889) (47,637) (39,759)
Income (loss) before income taxes (16,029) 87,475 55,474 188,794
Provision for income taxes 820 29,821 22,776 54,899
Net income (loss) $ (16,849) $ 57,654 $ 32,698 $ 133,895
Basic net income (loss) per common share (in dollars per share) $ (0.12) $ 0.39 $ 0.23 $ 0.90
Diluted net income (loss) per potential common share (in dollars per share) $ (0.12) $ 0.38 $ 0.22 $ 0.89
Weighted average basic common shares outstanding (in shares) 144,914 149,616 145,104 149,351
Weighted average dilutive potential common shares outstanding (in shares) 144,914 150,147 146,059 149,852
Products        
Revenue:        
Total revenue $ 701,316 $ 935,330 $ 1,537,093 $ 1,813,045
Cost of goods sold:        
Total cost of goods sold 415,732 541,883 882,204 1,042,220
Services        
Revenue:        
Total revenue 209,510 197,325 411,442 376,131
Cost of goods sold:        
Total cost of goods sold $ 106,433 $ 103,089 $ 210,708 $ 203,327