XML 21 R7.htm IDEA: XBRL DOCUMENT v3.21.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Oct. 30, 2021
Oct. 31, 2020
Nov. 02, 2019
Cash flows provided by operating activities:      
Net income $ 500,196 $ 361,291 $ 253,434
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation of equipment, building, furniture and fixtures, and amortization of leasehold improvements 96,233 93,908 87,576
Share-based compensation costs 84,336 67,758 59,736
Amortization of intangible assets 36,033 38,619 35,136
Deferred taxes (156,469) 64,339 19,865
Provision for inventory excess and obsolescence 17,850 24,701 28,085
Provision for warranty 17,093 22,417 23,105
Other 14,525 20,483 5,830
Changes in assets and liabilities:      
Accounts receivable (174,377) (17,299) 65,712
Inventories (47,567) (25,044) (112,941)
Prepaid expenses and other (19,691) (38,998) (96,618)
Operating right-of-use assets 16,632 16,787 0
Accounts payable, accruals and other obligations 162,134 (117,931) 27,740
Deferred revenue 16,822 2,519 16,480
Short and long-term operating lease liabilities (22,104) (19,896) 0
Net cash provided by operating activities 541,646 493,654 413,140
Cash flows provided by (used in) investing activities:      
Payments for equipment, furniture, fixtures and intellectual property (79,550) (82,667) (62,579)
Purchase of available for sale securities (172,778) (223,196) (158,074)
Proceeds from maturities of available for sale securities 152,253 110,390 248,748
Proceeds from sale of equity investment 4,678 0 0
Purchase of equity investment 0 0 (2,667)
Settlement of foreign currency forward contracts, net 4,680 3,531 (1,351)
Acquisition of businesses, net of cash acquired 0 (28,300) 0
Net cash provided by (used in) investing activities (90,717) (220,242) 24,077
Cash flows used in financing activities:      
Payment of long-term debt (6,929) (5,198) (7,000)
Payment for debt conversion liability 0 0 (111,268)
Payment of debt issuance costs 0 (382) (1,191)
Payment of finance lease obligations (3,004) (2,703) (3,319)
Shares repurchased for tax withholdings on vesting of stock unit awards (44,071) (32,472) (29,059)
Repurchases of common stock - repurchase program (91,288) (74,535) (150,076)
Proceeds from issuance of common stock 28,457 28,068 22,947
Net cash used in financing activities (116,835) (87,222) (278,966)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (198) (1,643) 476
Net increase in cash, cash equivalents and restricted cash 333,896 184,547 158,727
Cash, cash equivalents and restricted cash at beginning of fiscal year 1,088,708 904,161 745,434
Cash, cash equivalents and restricted cash at end of fiscal year 1,422,604 1,088,708 904,161
Supplemental disclosure of cash flow information      
Cash paid during the fiscal year for interest 29,864 32,837 39,579
Cash paid during the fiscal year for income taxes, net 73,127 53,076 33,570
Operating lease payments 24,058 22,089 0
Non-cash investing and financing activities      
Purchase of equipment in accounts payable 10,138 7,854 16,549
Repurchase of common stock in accrued liabilities from repurchase program 800 0 0
Conversion of debt conversion liability into 1,585,140 shares of common stock 0 0 52,944
Operating lease right-of-use assets subject to lease liability 4,356 24,160 0
Unrealized gain on equity investment $ 0 $ 2,681 $ 0