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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Nov. 02, 2024
Oct. 28, 2023
Oct. 29, 2022
Revenue:      
Total revenue $ 4,014,955 $ 4,386,549 $ 3,632,661
Cost of goods sold:      
Total cost of goods sold 2,295,365 2,507,698 2,072,317
Gross profit 1,719,590 1,878,851 1,560,344
Operating expenses:      
Research and development 767,497 750,559 624,656
Selling and marketing 510,668 490,804 466,565
General and administrative 220,647 215,284 179,382
Significant asset impairments and restructuring costs 24,592 23,834 33,824
Amortization of intangible assets 29,569 37,351 32,511
Acquisition and integration costs 0 3,474 598
Total operating expenses 1,552,973 1,521,306 1,337,536
Income from operations 166,617 357,545 222,808
Interest and other income, net 50,261 62,008 6,747
Interest expense (97,028) (88,026) (47,050)
Loss on extinguishment and modification of debt 0 (7,874) 0
Income before income taxes 119,850 323,653 182,505
Provision for income taxes 35,894 68,826 29,603
Net income $ 83,956 $ 254,827 $ 152,902
Basic net income per common share (in dollars per share) $ 0.58 $ 1.71 $ 1.01
Diluted net income per potential common share (in dollars per share) $ 0.58 $ 1.71 $ 1.00
Weighted average basic common shares outstanding (in shares) 144,715 148,971 151,208
Weighted average diluted potential common shares outstanding (in shares) 145,964 149,380 152,193
Products      
Revenue:      
Total revenue $ 3,159,021 $ 3,581,039 $ 2,888,848
Cost of goods sold:      
Total cost of goods sold 1,861,317 2,088,440 1,699,631
Services      
Revenue:      
Total revenue 855,934 805,510 743,813
Cost of goods sold:      
Total cost of goods sold $ 434,048 $ 419,258 $ 372,686