OTHER BALANCE SHEET DETAILS

12 Months Ended

Nov. 02, 2024

Balance Sheet Related Disclosures [Abstract]

As of the dates indicated, other long-term assets are comprised of the following (in thousands):


	November 2, 2024		October 28, 2023
Maintenance spares inventory, net	$	77,918	$	54,042
Equity investments(1)	21,730		48
Deferred compensation plan assets	16,519		11,456
Interest rate swaps	11,777		24,953
Capitalized contract acquisition costs	8,111		6,879
Cloud computing arrangements(2)	5,641		8,589
Deferred debt issuance costs, net(3)	1,733		1,956
Restricted cash	163		168

Other	11,102		8,362
	$	154,694	$	116,453

(1) Increase is due to an equity investment in a privately held technology company during fiscal 2024.

(2) During fiscal 2024, fiscal 2023 and fiscal 2022, Ciena recorded amortization of cloud computing arrangements of $4.9 million, $2.6 million and $2.8 million, respectively.

(3) 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 19 below). The amortization of deferred debt issuance costs for the Revolving Credit Facility and its predecessor is included in interest expense, and was $0.3 million for fiscal 2024 and $0.4 million for both fiscal 2023 and fiscal 2022.

As of the dates indicated, accrued liabilities and other short-term obligations are comprised of the following (in thousands):


	November 2, 2024		October 28, 2023
Compensation, payroll related tax and benefits	$	148,732	$	159,530
Warranty	55,267		57,089
Vacation	31,250		29,503
Income taxes payable	35,111		16,341
Foreign currency forward contracts	9,155		14,509
Interest payable	6,120		4,514
Finance lease liabilities	4,395		3,953
Other	103,875		145,980
	$	393,905	$	431,419

The following table summarizes the activity in Ciena’s accrued warranty for the fiscal years presented (in thousands):


Year Ended	Beginning Balance		Current Year Provisions		Settlements		Ending Balance
October 29, 2022	$	48,019	$	17,440	$	(19,956)	$	45,503
October 28, 2023	$	45,503	$	31,742	$	(20,156)	$	57,089
November 2, 2024	$	57,089	$	25,643	$	(27,465)	$	55,267

As of the dates indicated, deferred revenue is comprised of the following (in thousands):


	November 2, 2024		October 28, 2023
Products	$	19,017	$	28,353
Services	218,602		200,107
Total deferred revenue	237,619		228,460
Less current portion	(156,379)		(154,419)
Long-term deferred revenue	$	81,240	$	74,041

As of the dates indicated, other long-term obligations are comprised of the following (in thousands):


	November 2, 2024		October 28, 2023
Income tax liability	$	113,365	$	98,259

Finance lease liabilities	43,522		48,192
Deferred compensation plan liability	16,509		11,444
Other	12,542		12,512
	$	185,938	$	170,407