XML 53 R6.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Jan. 31, 2015
Jan. 25, 2014
Cash flows from operating activities:    
Net income $ 87,267us-gaap_NetIncomeLoss $ 80,884us-gaap_NetIncomeLoss
Adjustments to reconcile net income to net cash provided by operating activities:    
Excess tax benefits from stock-based compensation (16,102)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities (14,335)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
Depreciation and amortization 19,575us-gaap_DepreciationDepletionAndAmortization 38,754us-gaap_DepreciationDepletionAndAmortization
Loss on disposal of property and equipment 444us-gaap_GainLossOnSaleOfPropertyPlantEquipment 2,348us-gaap_GainLossOnSaleOfPropertyPlantEquipment
Gain on sale of network adapter business 0us-gaap_DisposalGroupNotDiscontinuedOperationGainLossOnDisposal (4,884)us-gaap_DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
Amortization of debt issuance costs and debt discount 1,056us-gaap_AmortizationOfFinancingCostsAndDiscounts 281us-gaap_AmortizationOfFinancingCostsAndDiscounts
Call premium cost and write-off of debt discount and debt issuance costs related to lenders that did not participate in refinancing 15,122us-gaap_OtherNoncashExpense 0us-gaap_OtherNoncashExpense
Provision for doubtful accounts receivable and sales allowances 2,403us-gaap_ProvisionForDoubtfulAccounts 1,567us-gaap_ProvisionForDoubtfulAccounts
Non-cash stock-based compensation expense 24,082us-gaap_ShareBasedCompensation 18,588us-gaap_ShareBasedCompensation
Changes in assets and liabilities, net of acquisitions:    
Increase (Decrease) in Restricted Cash (11,918)us-gaap_IncreaseDecreaseInRestrictedCash 0us-gaap_IncreaseDecreaseInRestrictedCash
Accounts receivable (17,256)us-gaap_IncreaseDecreaseInAccountsReceivable 29,771us-gaap_IncreaseDecreaseInAccountsReceivable
Inventories 1,155us-gaap_IncreaseDecreaseInInventories 2,097us-gaap_IncreaseDecreaseInInventories
Prepaid expenses and other assets (5,746)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 3,486us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Deferred tax assets 494us-gaap_IncreaseDecreaseInDeferredIncomeTaxes 95us-gaap_IncreaseDecreaseInDeferredIncomeTaxes
Accounts payable (8,776)us-gaap_IncreaseDecreaseInAccountsPayable (8,077)us-gaap_IncreaseDecreaseInAccountsPayable
Accrued employee compensation (77,033)us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities (39,208)us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities
Deferred revenue (2,190)us-gaap_IncreaseDecreaseInDeferredRevenue (5,414)us-gaap_IncreaseDecreaseInDeferredRevenue
Other accrued liabilities (1,423)us-gaap_IncreaseDecreaseInOtherAccruedLiabilities 10,455us-gaap_IncreaseDecreaseInOtherAccruedLiabilities
Restructuring liabilities (761)us-gaap_IncreaseDecreaseInRestructuringReserve (6,939)us-gaap_IncreaseDecreaseInRestructuringReserve
Net cash provided by operating activities 10,393us-gaap_NetCashProvidedByUsedInOperatingActivities 109,469us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities:    
Purchases of property and equipment (16,514)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (12,966)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Purchase of intangible assets (7,750)us-gaap_PaymentsToAcquireIntangibleAssets 0us-gaap_PaymentsToAcquireIntangibleAssets
Proceeds from collection of note receivable 250us-gaap_ProceedsFromCollectionOfNotesReceivable 250us-gaap_ProceedsFromCollectionOfNotesReceivable
Proceeds from sale of network adapter business 0us-gaap_ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets 9,995us-gaap_ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
Net cash used in investing activities (24,014)us-gaap_NetCashProvidedByUsedInInvestingActivities (2,721)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities:    
Payment of debt issuance costs (409)us-gaap_PaymentsOfDebtIssuanceCosts 0us-gaap_PaymentsOfDebtIssuanceCosts
Payment of principal related to capital leases (1,154)us-gaap_RepaymentsOfLongTermCapitalLeaseObligations (608)us-gaap_RepaymentsOfLongTermCapitalLeaseObligations
Common stock repurchases (128,966)us-gaap_PaymentsForRepurchaseOfCommonStock (140,380)us-gaap_PaymentsForRepurchaseOfCommonStock
Proceeds from issuance of common stock 21,036us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions 32,410us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
Payment of cash dividends to stockholders (15,106)us-gaap_PaymentsOfDividendsCommonStock 0us-gaap_PaymentsOfDividendsCommonStock
Proceeds from convertible notes 565,656us-gaap_ProceedsFromConvertibleDebt 0us-gaap_ProceedsFromConvertibleDebt
Purchase of convertible hedge (86,135)us-gaap_PaymentsForHedgeFinancingActivities 0us-gaap_PaymentsForHedgeFinancingActivities
Proceeds from issuance of warrants 51,175us-gaap_ProceedsFromIssuanceOfWarrants 0us-gaap_ProceedsFromIssuanceOfWarrants
Excess tax benefits from stock-based compensation 16,102us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 14,335us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Increase in restricted cash (300,000)us-gaap_PaymentsForDepositsAppliedToDebtRetirements 0us-gaap_PaymentsForDepositsAppliedToDebtRetirements
Net cash provided by (used in) financing activities 122,199us-gaap_NetCashProvidedByUsedInFinancingActivities (94,243)us-gaap_NetCashProvidedByUsedInFinancingActivities
Effect of exchange rate fluctuations on cash and cash equivalents (4,230)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents (815)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Net increase in cash and cash equivalents 104,348us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 11,690us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents, beginning of period 1,255,017us-gaap_CashAndCashEquivalentsAtCarryingValue 986,997us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents, end of period 1,359,365us-gaap_CashAndCashEquivalentsAtCarryingValue 998,687us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental disclosures of cash flow information:    
Cash paid for interest 17,333us-gaap_InterestPaid 17,265us-gaap_InterestPaid
Cash paid for income taxes $ 13,128us-gaap_IncomeTaxesPaidNet $ 4,074us-gaap_IncomeTaxesPaidNet