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PREPAID EXPENSES AND OTHER
12 Months Ended
Nov. 01, 2025
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):
 November 1, 2025November 2, 2024
Contract assets for unbilled accounts receivable, net$157,868 $127,919 
Prepaid VAT and other taxes90,771 106,095 
Other non-trade receivables63,054 45,935 
Prepaid expenses54,845 50,597 
Product demonstration equipment, net (1)
47,452 43,245 
Capitalized contract acquisition costs29,662 20,310 
Deferred deployment expense8,174 596 
Foreign currency forward contracts3,236 2,149 
Cash advances to contract manufacturers (2)
254 167,337 
 $455,316 $564,183 
(1) Depreciation of product demonstration equipment was $9.7 million, $8.3 million and $8.0 million for fiscal 2025, 2024 and 2023, respectively.

(2) Decrease reflects a significant reduction in the amount of refundable cash advances to third-party contract manufacturers.

For further discussion on contract assets and capitalized contract acquisition costs, see Note 2 above.