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OTHER BALANCE SHEET DETAILS | 12 Months Ended
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Oct. 28, 2023
Balance Sheet Related Disclosures [Abstract] |
OTHER BALANCE SHEET DETAILS | OTHER BALANCE SHEET DETAILS As of the dates indicated, other long-term assets are comprised of the following (in thousands):
| October 28, 2023 |  | October 29, 2022
Maintenance spares inventory, net | $ | 54,042 |  |  | $ | 44,815 |
Interest rate swaps | 24,953 |  |  | 12,306 |
Deferred compensation plan assets | 11,456 |  |  | 12,751 |
Cloud computing arrangements(1) | 8,589 |  |  | 6,050 |
Capitalized contract acquisition costs | 6,879 |  |  | 6,151 |
Deferred debt issuance costs, net(2) | 1,956 |  |  | 781 |
Restricted cash | 168 |  |  | 26 |
Cost method equity investments(3) | 48 |  |  | 20,698 |
Other | 8,362 |  |  | 10,039 |
| $ | 116,453 |  |  | $ | 113,617 |
(1) During fiscal 2023, fiscal 2022 and fiscal 2021, Ciena recorded amortization of cloud computing arrangements of $2.6 million, $2.8 million and $2.4 million, respectively. (2) Deferred debt issuance costs relate to Ciena’s senior secured revolving credit facility (the “Revolving Credit Facility”) entered into during fiscal 2023 and its predecessor asset-backed credit facility (described in Note 20 below). The amortization of deferred debt issuance costs for the Revolving Credit Facility and its predecessor is included in interest expense, and was $0.4 million for fiscal 2023, fiscal 2022 and fiscal 2021. (3) During the first quarter of fiscal 2023, Ciena acquired its previously held cost method equity investment in Tibit in a business combination, see Note 4 above. As of the dates indicated, accrued liabilities and other short-term obligations are comprised of the following (in thousands):
| October 28, 2023 |  | October 29, 2022
Compensation, payroll related tax and benefits (1) | $ | 159,530 |  |  | $ | 126,338 |
Warranty | 57,089 |  |  | 45,503 |
Vacation | 29,503 |  |  | 26,396 |
Income taxes payable | 16,341 |  |  | 11,472 |
Foreign currency forward contracts | 14,509 |  |  | 15,604 |
Interest payable | 4,514 |  |  | 4,793 |
Finance lease liabilities | 3,953 |  |  | 3,758 |
Other | 145,980 |  |  | 126,918 |
| $ | 431,419 |  |  | $ | 360,782 |
(1) Increase is primarily due to a higher accrual rate related to Ciena’s 2023 annual cash incentive compensation plan. The following table summarizes the activity in Ciena’s accrued warranty for the fiscal years indicated (in thousands):
Year Ended |  | Beginning Balance |  |  |  | Current Year Provisions |  |  |  | Settlements |  | Ending Balance
October 30, 2021 |  | $ | 49,868 |  |  |  |  | $ | 17,093 |  |  |  |  | $ | (18,942) |  |  | $ | 48,019 |
October 29, 2022 |  | $ | 48,019 |  |  |  |  | $ | 17,440 |  |  |  |  | $ | (19,956) |  |  | $ | 45,503 |
October 28, 2023 |  | $ | 45,503 |  |  |  |  | $ | 31,742 |  |  |  |  | $ | (20,156) |  |  | $ | 57,089 |
As of the dates indicated, deferred revenue is comprised of the following (in thousands):
| October 28, 2023 |  | October 29, 2022
Products | $ | 28,353 |  |  | $ | 19,814 |
Services | 200,107 |  |  | 180,421 |
Total deferred revenue | 228,460 |  |  | 200,235 |
Less current portion | (154,419) |  |  | (137,899) |
Long-term deferred revenue | $ | 74,041 |  |  | $ | 62,336 |
As of the dates indicated, other long-term obligations are comprised of the following (in thousands):
| October 28, 2023 |  | October 29, 2022
Finance lease liabilities | $ | 48,192 |  |  | $ | 53,176 |
Income tax liability | 98,259 |  |  | 72,644 |
Deferred compensation plan liability | 11,444 |  |  | 12,535 |
Other | 12,512 |  |  | 11,980 |
| $ | 170,407 |  |  | $ | 150,335 |

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- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//210/tableOfContent + Details
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