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PREPAID EXPENSES AND OTHER
12 Months Ended
Oct. 30, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
PREPAID EXPENSES AND OTHER PREPAID EXPENSES AND OTHER
As of the dates indicated, prepaid expenses and other are comprised of the following (in thousands):
 October 30, 2021October 31, 2020
Contract assets for unbilled accounts receivable, net$101,355 $85,843 
Prepaid VAT and other taxes77,388 72,838 
Prepaid expenses62,189 70,647 
Product demonstration equipment, net29,362 44,793 
Capitalized contract acquisition costs21,753 11,296 
Other non-trade receivables18,408 21,981 
Derivative assets14,935 82 
Deferred deployment expense264 604 
 $325,654 $308,084 

Depreciation of product demonstration equipment was $9.8 million, $9.0 million and $8.8 million for fiscal 2021, 2020 and 2019, respectively.

For further discussion on contract assets and capitalized contract acquisition costs, see Note 2 above.