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OTHER BALANCE SHEET DETAILS (Tables) | 12 Months Ended
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Oct. 28, 2023
Balance Sheet Related Disclosures [Abstract] |
Schedule of Other Long-term Assets | 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.
Schedule of Accrued Liabilities | 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.
Schedule of Accrued Warranty | 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 |
Schedule of Deferred Revenue | The following table provides information about receivables, contract assets and contract liabilities (deferred revenue) from contracts with customers (in thousands):
|  | Balance at October 28, 2023 |  | Balance at October 29, 2022
Accounts receivable, net |  | $ | 1,003,876 |  |  | $ | 920,772 |
Contract assets for unbilled accounts receivable, net |  | $ | 150,312 |  |  | $ | 156,039 |
Deferred revenue |  | $ | 228,460 |  |  | $ | 200,235 |
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 |
Schedule of Other Liabilities | 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 Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 460 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 8 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482425/460-10-50-8 + Details
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