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PREPAID EXPENSES AND OTHER
 9 Months Ended
Jul. 27, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
PREPAID EXPENSES AND OTHER PREPAID EXPENSES AND OTHER
As of the dates indicated, prepaid expenses and other are comprised of the following (in thousands):
July 27,
2024		October 28,
2023
Cash advances to contract manufacturers(1)
$182,886 $— 
Contract assets for unbilled accounts receivable, net142,769 150,312 
Prepaid VAT and other taxes112,997 96,724 
Prepaid expenses53,950 58,954 
Product demonstration equipment, net(2)
43,854 40,682 
Other non-trade receivables
42,482 33,408 
Capitalized contract acquisition costs18,033 23,326 
Deferred deployment expense1,805 1,170 
Foreign currency forward contracts1,232 1,118 
 $600,008 $405,694 

(1) Amount reflects refundable cash advances to a third-party contract manufacturer for potential future inventory purchases and transition and logistic costs for future asset relocation. Ciena has initiated a strategic reengineering and realignment of its supply chain, including changes to its systems, processes, partners and people, and this cash advance assists in facilitating such activities.

(2) Depreciation of product demonstration equipment was $6.1 million during the first nine months of fiscal 2024 and $5.9 million during the first nine months of fiscal 2023.


For further discussion on contract assets and capitalized contract acquisition costs, see Note 3 above.