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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Nov. 02, 2024
Oct. 28, 2023
Oct. 29, 2022
Cash flows provided by (used in) operating activities:      
Net income $ 83,956 $ 254,827 $ 152,902
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Loss on extinguishment of debt 0 1,864 0
Depreciation of equipment, building, furniture and fixtures, and amortization of leasehold improvements 92,846 92,564 95,922
Share-based compensation costs 156,404 130,455 105,131
Amortization of intangible assets 40,624 49,616 44,281
Deferred taxes (76,810) (14,852) (27,502)
Provision for inventory excess and obsolescence 77,341 29,464 16,184
Provision for warranty 25,643 31,742 17,440
Gain on equity investments, net 0 (26,368) (4,120)
Other 11,768 15,771 4,120
Changes in assets and liabilities:      
Accounts receivable 80,313 (94,565) (47,069)
Inventories 153,021 (132,497) (589,113)
Prepaid expenses and other (198,910) (51,965) (58,996)
Operating lease right-of-use assets 11,837 14,190 16,453
Accounts payable, accruals and other obligations 64,255 (138,469) 100,327
Deferred revenue 9,884 27,412 26,380
Short and long-term operating lease liabilities (17,640) (20,857) (20,096)
Net cash provided by (used in) operating activities 514,532 168,332 (167,756)
Cash flows used in investing activities:      
Payments for equipment, furniture, fixtures and intellectual property (136,641) (106,197) (90,818)
Purchases of investments (287,536) (252,329) (647,526)
Proceeds from sales and maturities of investments 140,836 208,104 702,197
Purchase of equity investment (21,682) 0 (8,000)
Settlement of foreign currency forward contracts, net (1,454) (2,984) 4,942
Acquisition of businesses, net of cash acquired 0 (230,048) (62,043)
Net cash used in investing activities (306,477) (383,454) (101,248)
Cash flows provided by (used in) financing activities:      
Proceeds from issuance of senior notes 0 0 400,000
Proceeds from issuance of term loan, net 0 497,500 0
Payment of long-term debt (11,700) (9,430) (5,197)
Proceeds from modification of term loan 0 830 0
Payment of debt issuance costs (2,554) (6,379) (5,484)
Payment of finance lease obligations (4,029) (3,791) (3,468)
Shares repurchased for tax withholdings on vesting of stock unit awards (46,567) (38,506) (48,454)
Repurchases of common stock - repurchase program, net (254,502) (242,201) (500,800)
Proceeds from issuance of common stock 34,291 31,357 30,348
Net cash provided by (used in) financing activities (285,061) 229,380 (133,055)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 1,246 2,150 (26,167)
Net increase (decrease) in cash, cash equivalents and restricted cash (75,760) 16,408 (428,226)
Cash, cash equivalents and restricted cash at beginning of fiscal year 1,010,786 994,378 1,422,604
Cash, cash equivalents and restricted cash at end of fiscal year 935,026 1,010,786 994,378
Supplemental disclosure of cash flow information      
Cash paid during the fiscal year for interest, net 92,515 84,465 42,812
Cash paid during the fiscal year for income taxes, net 54,956 78,242 34,967
Operating lease payments 19,452 22,782 21,661
Non-cash investing and financing activities      
Purchase of equipment in accounts payable 14,682 6,990 12,373
Repurchase of common stock in accrued liabilities from repurchase program, net 6,172 9,310 0
Operating lease right-of-use assets subject to lease liability 6,912 10,236 23,242
Gain on equity investment, net $ 0 $ 26,368 $ 4,120