Financial Assets and Liabilities (Tables)

12 Months Ended

Oct. 31, 2012

Short-term investments include money market funds and municipal securities and are classified as available-for-sale securities. Cash, cash equivalents and investments are detailed as follows:


	Cost		Gross Unrealized Gains		Gross Unrealized Losses Less Than 12 Months		Gross Unrealized Losses 12 Months or Longer		Estimated Fair Value(1)
	(in thousands)
Balance at October 31, 2012
Classified as current assets:
Non-interest bearing cash (U.S. and International)	$	167,161	$	—	$	—	$	—	$	167,161
Money market funds (U.S.)		155,000		—		—		—		155,000
Cash deposits and money market funds (International)		378,221		—		—		—		378,221

		700,382		—		—		—		700,382
Classified as other long-term assets:
Strategic investments		11,744		—		—		—		11,744

Total	$	712,126	$	—	$	—	$	—	$	712,126


	Cost		Gross Unrealized Gains		Gross Unrealized Losses Less Than 12 Months			Gross Unrealized Losses 12 Months or Longer		Estimated Fair Value(1)
	(in thousands)
Balance at October 31, 2011
Classified as current assets:
Non-interest bearing cash (U.S. and International)	$	149,998	$	—	$	—		$	—	$	149,998
Money market funds (U.S.)		55,267		—		—			—		55,267
Cash deposits and money market funds (International)		649,812		—		—			—		649,812
Municipal securities		148,850		296		(149	)		—		148,997

		1,003,927		296		(149	)		—		1,004,074
Classified as other long-term assets:
Strategic investments		3,982		—		—			—		3,982

Total	$	1,007,909	$	296	$	(149	)	$	—	$	1,008,056

(1)	See Note 6 for further discussion on fair values of money market funds, municipal securities, and strategic investments.

Effects on Changes in Fair Values of Non-Designated Forward Contracts

The effects on the changes in the fair values of non-designated forward contracts for fiscal years 2012 and 2011 are summarized as follows:


	October 31,
	2012		2011		2010
	(in thousands)
Gain (loss) recorded in other income (expense), net	$	1,033	$	889	$	(2,815	)

Foreign Currency Forward Contracts Outstanding

Foreign currency forward contracts outstanding are as follows:


	As of October 31, 2012		As of October 31, 2011
	(in thousands)
Total gross notional amount	$	618,978	$	599,844
Net fair value	$	390	$	(14,695	)

Fair Values of Derivative Instrument Designated and Non-Designated as Hedging Instruments in Balance Sheet

The following represents the balance sheet location and amount of derivative instrument fair values segregated between designated and non-designated hedge instruments:


	Fair Values of derivative instruments designated as hedging instruments		Fair Values of derivative instruments not designated as hedging instruments
	(in thousands)
As of October 31, 2012
Other current assets	$	5,149	$	68
Other current liabilities	$	4,739	$	88
As of October 31, 2011
Other current assets	$	2,161	$	—
Other current liabilities	$	16,827	$	29

Income Statement Location and Amount of Gains and Losses on Derivative Instrument Fair Values for Designated Hedge Instruments, net of tax

The following table represents the income statement location and amount of gains and losses on derivative instrument fair values for designated hedge instruments, net of tax:


	Location of gain (loss) recognized in OCI on derivatives	Amount of gain (loss) recognized in OCI on derivatives (effective portion)			Location of gain (loss) reclassified from OCI	Amount of gain (loss) reclassified from OCI (effective portion)
	(in thousands)
Fiscal year ended October 31, 2012
Foreign exchange contracts	Revenue	$	5,212		Revenue	$	(1,868	)
Foreign exchange contracts	Operating expenses		(7,640	)	Operating expenses		(12,367	)

Total		$	(2,428	)		$	(14,235	)

Fiscal year ended October 31, 2011
Foreign exchange contracts	Revenue	$	(5,647	)	Revenue	$	(8,561	)
Foreign exchange contracts	Operating expenses		(3,225	)	Operating expenses		6,572

Total		$	(8,872	)		$	(1,989	)

Ineffective Portion and Portion Excluded from Effectiveness Testing of Derivative Hedge Gains (Losses)

The following table represents the ineffective portions and portions excluded from effectiveness testing of the hedge gains (losses) for derivative instruments designated as hedging instruments, which are recorded in other (expense) income, net:


	Amount of gain (loss) recognized in income statement on derivatives (ineffective portion)(1)		Amount of gain (loss) recognized in income statement on derivatives (excluded from effectiveness testing)(2)
	(in thousands)
Fiscal year ended October 31, 2012
Foreign exchange contracts	$	38	$	1,321
Fiscal year ended October 31, 2011
Foreign exchange contracts	$	74	$	241

(1)	The ineffective portion includes forecast inaccuracies.

(2)	The portion excluded from effectiveness includes the discount earned or premium paid for the contracts.

- Definition

Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges.

+ References+ Details

- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ References+ Details