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STOCKHOLDERS’ EQUITY
 12 Months Ended
Oct. 30, 2021
Equity [Abstract]  
STOCKHOLDERS' EQUITY STOCKHOLDERS’ EQUITY
Stock Repurchase Program
On December 13, 2018, Ciena announced that its Board of Directors authorized a program to repurchase up to $500 million of Ciena’s common stock. After temporarily suspending repurchases of Ciena’s common stock during fiscal 2020, Ciena reinstituted its stock repurchase program in the first quarter of 2021. See Note 28 for further information regarding updates to our share repurchase program.
The following table summarizes activity of the stock repurchase program, reported based on trade date:
 Shares RepurchasedWeighted-Average Price per ShareAmount Repurchased (in thousands)
Cumulative balance at November 2, 20193,838,466 $39.10 $150,076 
Repurchase of common stock under the stock repurchase program1,872,446 $39.81 74,535 
Cumulative balance at October 31, 20205,710,912 $39.33 $224,611 
Repurchase of common stock under the stock repurchase program1,696,949 $54.27 92,088 
Cumulative balance at October 30, 20217,407,861 $42.75 $316,699 

The purchase price for the shares of Ciena’s stock repurchased is reflected as a reduction of common stock and additional paid-in capital.

Stock Repurchases Related to Restricted Stock Unit Tax Withholdings
Ciena repurchases shares of common stock to satisfy employee tax withholding obligations due upon vesting of stock unit awards. The purchase price of $44.1 million for the shares of Ciena’s stock repurchased is reflected as a reduction to stockholders’ equity. Ciena is required to allocate the purchase price of the repurchased shares as a reduction of common stock and additional paid-in capital.