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OTHER BALANCE SHEET DETAILS | 9 Months Ended
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Jul. 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):
| July 27, 2024 |  | October 28, 2023
Maintenance spares inventory, net | $ | 68,100 |  |  | $ | 54,042 |
Equity investments(1) | 21,730 |  |  | 48 |
Deferred compensation plan assets | 15,590 |  |  | 11,456 |
Forward starting interest rate swaps | 12,316 |  |  | 24,953 |
Capitalized contract acquisition costs | 7,423 |  |  | 6,879 |
Cloud computing arrangements(2) | 6,946 |  |  | 8,589 |
Deferred debt issuance costs, net | 1,806 |  |  | 1,956 |
Restricted cash | 164 |  |  | 168 |
Other | 11,438 |  |  | 8,362 |
| $ | 145,513 |  |  | $ | 116,453 |
(1) Increase is due to an equity investment in a privately held technology company d uring fiscal 2024. (2) Amortization of cloud computing arrangements was $3.4 million and $1.9 million during the first nine 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):
| July 27, 2024 |  | October 28, 2023
Compensation, payroll related tax and benefits | $ | 120,889 |  |  | $ | 159,530 |
Warranty | 49,933 |  |  | 57,089 |
Vacation | 31,419 |  |  | 29,503 |
Interest payable | 8,806 |  |  | 4,514 |
Foreign currency forward contracts | 7,271 |  |  | 14,509 |
Income taxes payable | 6,537 |  |  | 16,341 |
Finance lease liabilities | 4,306 |  |  | 3,953 |
Other | 118,077 |  |  | 145,980 |
| $ | 347,238 |  |  | $ | 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
Nine Months Ended July 29, 2023 |  | $ | 45,503 |  |  |  |  | 18,860 |  |  | (14,859) |  |  | $ | 49,504 |
Nine Months Ended July 27, 2024 |  | $ | 57,089 |  |  |  |  | 14,708 |  |  | (21,864) |  |  | $ | 49,933 |
As of the dates indicated, deferred revenue is comprised of the following (in thousands):
| July 27, 2024 |  | October 28, 2023
Products | $ | 20,081 |  |  | $ | 28,353 |
Services | 237,004 |  |  | 200,107 |
Total deferred revenue | 257,085 |  |  | 228,460 |
Less current portion | (179,457) |  |  | (154,419) |
Long-term deferred revenue | $ | 77,628 |  |  | $ | 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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