Goodwill And Intangible Assets (Tables)

12 Months Ended

Nov. 01, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets and Goodwill

The following table presents a summary of the net carrying value of the Company’s intangible assets (in thousands):



	November 1, 2014		October 26, 2013
Indefinite-lived intangible assets:
Goodwill	$	1,567,723	$	1,645,437
In-process research and development ⁽¹⁾	15,110		21,590
Finite-lived intangible assets:
Total intangible assets subject to amortization	11,548		18,668
Total intangible assets	$	1,594,381	$	1,685,695

⁽¹⁾

Acquired IPRD is an intangible asset accounted for as an indefinite-lived asset until the completion or abandonment of the associated research and development effort. While accounted as an indefinite-lived asset, the IPRD intangible asset is subject to testing for impairment annually, as of the first day of the second fiscal quarter, and whenever events or changes in facts and circumstances indicate that it is more likely than not that IPRD is impaired. If the research and development effort associated with the IPRD is successfully completed, then the IPRD intangible asset will be amortized over its estimated useful life to be determined at the date the effort is completed. During the fiscal year ended November 1, 2014, development work was completed on $9.3 million of the IPRD intangible asset and this completed IPRD intangible asset is being amortized as Core/developed technology. The development effort on the remaining IPRD intangible asset is expected to be completed by the first half of fiscal year 2016.

Schedule Of Goodwill Activity By Reportable Segment

The following table summarizes goodwill activity by reportable segment during the fiscal years ended November 1, 2014, and October 26, 2013 (in thousands):



	SAN Products			IP Networking Products			Global Services		Total
Balance at October 27, 2012
Goodwill	$	176,956		$	1,337,549		$	155,416	$	1,669,921
Accumulated impairment losses	—			(45,832		)	—		(45,832		)
	176,956			1,291,717			155,416		1,624,089
Acquisition	—			25,681			—		25,681
Tax and other adjustments ⁽¹⁾	(78		)	(4,255		)	—		(4,333		)
Balance at October 26, 2013
Goodwill	176,878			1,358,975			155,416		1,691,269
Accumulated impairment losses	—			(45,832		)	—		(45,832		)
	176,878			1,313,143			155,416		1,645,437
Impairment ⁽²⁾	—			(83,382		)	—		(83,382		)
Divestitures ⁽³⁾	(474		)	(3,657		)	—		(4,131		)
Acquisition	—			11,475			—		11,475
Tax and other adjustments ⁽¹⁾	(58		)	(1,618		)	—		(1,676		)
Balance at November 1, 2014
Goodwill	176,346			1,365,175			155,416		1,696,937
Accumulated impairment losses	—			(129,214		)	—		(129,214		)
	$	176,346		$	1,235,961		$	155,416	$	1,567,723


⁽¹⁾	The goodwill adjustments were primarily a result of tax benefits from the exercise of stock awards of acquired companies.

Schedule Of Finite-Lived Intangible Assets

The following tables present details of the Company’s finite-lived intangible assets (in thousands, except for weighted-average remaining useful life):



	Gross Carrying Value		Accumulated Amortization		Net Carrying Value		Weighted- Average Remaining Useful Life (in years)
November 1, 2014
Trade name	$	590	$	227	$	363	3.00
Core/developed technology	12,080		1,964		10,116		4.30
Customer relationships	1,080		427		653		3.01
Non-compete agreements	810		394		416		2.01
Total finite-lived intangible assets⁽¹⁾	$	14,560	$	3,012	$	11,548	4.10



	Gross Carrying Value		Accumulated Amortization		Net Carrying Value		Weighted- Average Remaining Useful Life (in years)
October 26, 2013
Trade name	$	460	$	110	$	350	3.01
Core/developed technology	192,340		185,254		7,086		0.35
Customer relationships	287,090		276,473		10,617		0.51
Non-compete agreements	810		195		615		3.01
Total finite-lived intangible assets	$	480,700	$	462,032	$	18,668	0.58


⁽¹⁾	During the fiscal year ended November 1, 2014, $477.3 million of finite-lived intangible assets became fully amortized and, therefore, were removed from the balance sheet.

Schedule Of Amortization Of Intangible Assets Included On Consolidated Statements Of Operations

The following table presents the amortization of finite-lived intangible assets included on the Consolidated Statements of Income (in thousands):



	Fiscal Year Ended
	November 1, 2014		October 26, 2013		October 27, 2012
Cost of revenues	$	8,010	$	39,731	$	46,229
Operating expenses	10,280		54,256		59,204
Total	$	18,290	$	93,987	$	105,433

Schedule Of Estimated Future Amortization Of Intangible Assets

The following table presents the estimated future amortization of finite-lived intangible assets as of November 1, 2014 (in thousands):



Fiscal Year	Estimated Future Amortization
2015	$	3,099
2016	2,787
2017	2,472
2018	2,252
2019	938
Total	$	11,548