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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
May 03, 2025
Apr. 27, 2024
Cash flows provided by operating activities:    
Net income $ 53,541 $ 32,698
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of equipment, building, furniture and fixtures, and amortization of leasehold improvements 49,771 46,016
Share-based compensation expense 88,767 78,075
Amortization of intangible assets 17,555 20,726
Deferred taxes (10,470) (8,946)
Provision for inventory excess and obsolescence 23,431 23,152
Provision for warranty 10,714 8,629
Other (6,355) 11,509
Changes in assets and liabilities:    
Accounts receivable (20,857) 155,107
Inventories (76,904) 5,346
Prepaid expenses and other 84,144 (37,441)
Operating lease right-of-use assets 5,580 6,111
Accounts payable, accruals and other obligations (16,755) (56,064)
Deferred revenue 66,493 48,641
Short- and long-term operating lease liabilities (7,986) (9,010)
Net cash provided by operating activities 260,669 324,549
Cash flows used in investing activities:    
Payments for equipment, furniture, fixtures and intellectual property (55,622) (33,500)
Purchases of investments (159,102) (171,131)
Proceeds from sales and maturities of investments 164,837 83,013
Settlement of foreign currency forward contracts, net 2,441 (828)
Purchase of equity investment 0 (16,256)
Net cash used in investing activities (47,446) (138,702)
Cash flows used in financing activities:    
Proceeds from modification of debt, net 19,175 0
Cash paid for extinguishment of debt (19,175) 0
Payment of long-term debt (5,790) (2,925)
Payment of debt issuance costs (12) (2,554)
Payment of finance lease obligations (2,110) (1,989)
Shares repurchased for tax withholdings on vesting of stock unit awards (42,266) (22,428)
Repurchases of common stock - repurchase program, net (168,197) (94,817)
Proceeds from issuance of common stock 17,132 16,876
Net cash used in financing activities (201,243) (107,837)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 2,937 2,659
Net increase in cash, cash equivalents and restricted cash 14,917 80,669
Cash, cash equivalents and restricted cash at beginning of period 935,026 1,010,786
Cash, cash equivalents and restricted cash at end of period 949,943 1,091,455
Supplemental disclosure of cash flow information    
Cash paid during the period for interest, net 43,200 45,782
Cash paid during the period for income taxes, net 55,466 29,193
Operating lease payments 8,812 9,964
Non-cash investing and financing activities    
Purchase of equipment in accounts payable 12,545 6,365
Repurchase of common stock in accrued liabilities from repurchase program, net 2,023 3,859
Operating right-of-use assets subject to lease liability $ 16,351 $ 3,639