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OTHER BALANCE SHEET DETAILS | 6 Months Ended
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Apr. 27, 2024
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):
| April 27, 2024 |  | October 28, 2023
Maintenance spares inventory, net | $ | 62,331 |  |  | $ | 54,042 |
Forward starting interest rate swaps | 30,296 |  |  | 24,953 |
Equity investments(1) | 16,304 |  |  | 48 |
Deferred compensation plan assets | 14,479 |  |  | 11,456 |
Capitalized contract acquisition costs | 7,471 |  |  | 6,879 |
Cloud computing arrangements(2) | 7,265 |  |  | 8,589 |
Deferred debt issuance costs, net | 1,879 |  |  | 1,956 |
Restricted cash | 166 |  |  | 168 |
Other | 11,005 |  |  | 8,362 |
| $ | 151,196 |  |  | $ | 116,453 |
(1) Increase is due to an equity investment in a privately held technology company d uring the second quarter of fiscal 2024. (2) Amortization of cloud computing arrangements was $2.4 million and $1.2 million during the first six months of fiscal 2024 and fiscal 2023, respectively. As of the dates indicated, accrued liabilities and other short-term obligations are comprised of the following (in thousands):
| April 27, 2024 |  | October 28, 2023
Compensation, payroll related tax and benefits | $ | 130,308 |  |  | $ | 159,530 |
Warranty | 49,896 |  |  | 57,089 |
Vacation | 31,687 |  |  | 29,503 |
Income taxes payable | 7,438 |  |  | 16,341 |
Foreign currency forward contracts | 6,173 |  |  | 14,509 |
Interest payable | 4,807 |  |  | 4,514 |
Finance lease liabilities | 4,234 |  |  | 3,953 |
Other | 120,715 |  |  | 145,980 |
| $ | 355,258 |  |  | $ | 431,419 |
The following table summarizes the activity in Ciena’s accrued warranty for the periods indicated (in thousands):
|  | Beginning Balance |  |  |  | Current Period Provisions |  | Settlements |  | Ending Balance
Six Months Ended April 29, 2023 |  | $ | 45,503 |  |  |  |  | 13,577 |  |  | (9,893) |  |  | $ | 49,187 |
Six Months Ended April 27, 2024 |  | $ | 57,089 |  |  |  |  | 8,629 |  |  | (15,822) |  |  | $ | 49,896 |
As of the dates indicated, deferred revenue is comprised of the following (in thousands):
| April 27, 2024 |  | October 28, 2023
Products | $ | 22,583 |  |  | $ | 28,353 |
Services | 254,771 |  |  | 200,107 |
Total deferred revenue | 277,354 |  |  | 228,460 |
Less current portion | (196,989) |  |  | (154,419) |
Long-term deferred revenue | $ | 80,365 |  |  | $ | 74,041 |

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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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