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Stock-Based Compensation (Tables)
 12 Months Ended
Oct. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award  
Schedule Of Equity Compensation Plans
The following table summarizes information with respect to shares of the Company’s common stock that may be issued under the Company’s existing equity compensation plans as of October 31, 2015 (in thousands, except per share amounts):
Plan Category
A


Number of Securities
to Be Issued
Upon Exercise of
Outstanding Options,
Warrants and Rights
 
 
B



Weighted-Average
Exercise Price of
Outstanding Options,
Warrants and Rights
 
C
Number of Securities
Remaining Available
for Future Issuance
Under Equity
Compensation Plans
(Excludes Securities
Reflected in Column A)
 
Equity compensation plans approved by stockholders (1)
4,291

(3) 
 
$
8.48

 
36,834

(5) 
Equity compensation plans not approved by stockholders (2)
2,400

(4) 
 
$
5.66

 
—

 
Total
6,691

 
 
$
7.47

 
36,834

 
(1) 
Primarily consist of the 2009 ESPP, the 2009 and 1999 Director Plans, and the 2009 and 1999 Stock Plans.
(2) 
Consist solely of the 2013 Inducement Award Plan described in Note 11, “Employee Compensation Plans,” of the Notes to Consolidated Financial Statements.
(3) 
Amount excludes purchase rights accrued under the 2009 ESPP. As of October 31, 2015, the 2009 ESPP had a stockholder-approved reserve of 65.0 million shares, of which 10.5 million shares were available for future issuance.
(4) 
All shares were granted in the first quarter of fiscal year 2013. Information relating to equity compensation plans is set forth in Note 11, “Employee Compensation Plans,” of the Notes to Consolidated Financial Statements.
(5) 
Amount consists of 10.5 million, 1.0 million, and 25.3 million shares available for future issuance under the 2009 ESPP, the 2009 Director Plan, and the 2009 Stock Plan, respectively.
Stock-Based Compensation Expense Included In Line Items Of Consolidated Statements Of Operations
Stock-based compensation expense, net of estimated forfeitures, was included in the following line items of the Company’s Consolidated Statements of Income as follows (in thousands):
 
Fiscal Year Ended
 
October 31,
2015
 
November 1,
2014
 
October 26,
2013
Cost of revenues
$
12,946

 
$
14,963

 
$
14,519

Research and development
18,714

 
18,635

 
17,509

Sales and marketing
38,340

 
31,650

 
29,425

General and administrative
18,528

 
19,666

 
12,165

Total stock-based compensation expense
$
88,528

 
$
84,914

 
$
73,618
Stock-Based Compensation Expense By Grant Type
The following table presents stock-based compensation expense, net of estimated forfeitures, by grant type (in thousands):
 
Fiscal Year Ended
 
October 31,
2015
 
November 1,
2014
 
October 26,
2013
Stock options
$
3,675

 
$
4,581

 
$
2,581

RSUs, including restricted stock units with market conditions
67,735

 
62,906

 
50,522

Employee stock purchase plan (“ESPP”)
17,118

 
17,427

 
20,515

Total stock-based compensation expense
$
88,528

 
$
84,914

 
$
73,618
Stock-Based Compensation, Unrecognized Compensation Expense And Weighted-Average Period
The following table presents the unrecognized compensation expense, net of estimated forfeitures, of the Company’s equity compensation plans as of October 31, 2015, which is expected to be recognized over the following weighted-average periods (in thousands, except for the weighted-average period):
 
Unrecognized
Compensation
Expense
 
Weighted-
Average Period
(In years)
Stock options
$
2,379

 
1.11
RSUs, including restricted stock units with market conditions
$
119,848

 
2.03
ESPP
$
6,663

 
0.87
Stock options  
Share-based Compensation Arrangement by Share-based Payment Award  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
 
Fiscal Year Ended
 
October 31,
2015
 
November 1,
2014
 
October 26,
2013
Expected dividend yield
1.3
%
 
0.0% - 1.5%
 
0.0
%
Risk-free interest rate
1.1 - 1.8%

 
0.7 - 2.3%
 
0.6 - 1.7%

Expected volatility
36.5
%
 
36.8 - 39.4%
 
39.9 - 44.9%

Expected term (in years)
4.5

 
5.0
 
5.7
Schedule of Share-based Compensation, Stock Options, Activity
A summary of stock option activity under the equity compensation plans for the fiscal years ended October 31, 2015, November 1, 2014, and October 26, 2013, is presented as follows:
 
Shares
(In thousands)
 
Weighted-Average
Exercise Price
 
Weighted-Average
Grant Date Fair Value
 
Weighted-Average
Remaining
Contractual Term
(In years)
 
Aggregate
Intrinsic
Value
(In thousands)
Outstanding as of October 27, 2012
29,497

 
$
5.43

 
 
 
1.61
 
$
26,077

Granted
2,875

 
$
5.64

 
$
2.34

 
 
 
 
Exercised
(13,149
)
 
$
3.99

 
 
 
 
 
$
32,324

Forfeited or expired
(6,662
)
 
$
6.90

 
 
 
 
 
 
Outstanding as of October 26, 2013
12,561

 
$
6.19

 
 
 
2.37
 
$
24,784

Granted
1,770

 
$
9.03

 
$
3.16

 
 
 
 
Exercised
(6,971
)
 
$
5.93

 
 
 
 
 
$
24,240

Forfeited or expired
(1,161
)
 
$
8.93

 
 
 
 
 
 
Outstanding as of November 1, 2014
6,199

 
$
6.79

 
 
 
4.74
 
$
24,452

Granted
1,117

 
$
10.89

 
$
3.09

 
 
 
 
Exercised
(564
)
 
$
6.68

 
 
 
 
 
$
2,980

Forfeited or expired
(61
)
 
$
8.20

 
 
 
 
 
 
Outstanding as of October 31, 2015
6,691

 
$
7.47

 
 
 
4.37
 
$
20,252

Vested and expected to vest as of October 31, 2015
6,402

 
$
7.39

 
 
 
4.32
 
$
19,845

Exercisable and vested as of October 31, 2015
3,981

 
$
6.79

 
 
 
3.81
 
$
14,575
Restricted stock units  
Share-based Compensation Arrangement by Share-based Payment Award  
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity
A summary of the changes in nonvested RSUs, including MSUs, under Brocade’s equity compensation plans during the fiscal years ended October 31, 2015, November 1, 2014, and October 26, 2013, respectively, is presented as follows:
 
Shares
(In thousands)
 
Weighted-Average
Grant Date Fair Value
Nonvested as of October 27, 2012
21,996

 
$
3.71

Granted
11,518

 
$
5.75

Vested
(7,401
)
 
$
5.69

Forfeited
(3,352
)
 
$
5.39

Nonvested as of October 26, 2013
22,761

 
$
3.85

Granted
11,582

 
$
9.69

Vested
(11,750
)
 
$
5.59

Forfeited
(3,594
)
 
$
6.01

Nonvested as of November 1, 2014
18,999

 
$
5.93

Granted
10,777

 
$
11.46

Vested
(8,317
)
 
$
7.81

Forfeited
(2,260
)
 
$
8.69

Nonvested as of October 31, 2015
19,199

 
$
9.82

Vested and expected to vest as of October 31, 2015
16,243

 
$
9.71
Market-based stock units  
Share-based Compensation Arrangement by Share-based Payment Award  
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity
A summary of the changes in nonvested MSUs included in the above summary of changes in nonvested RSUs under Brocade’s equity compensation plans during the fiscal year ended October 31, 2015, is presented as follows:
 
Shares
(In thousands)
 
Weighted-Average
Grant Date Fair Value
Nonvested as of November 1, 2014
2,019

 
$
11.62

Granted
1,510

 
$
10.39

Vested
(1,310
)
 
$
12.30

Forfeited
(283
)
 
$
11.25

Nonvested as of October 31, 2015
1,936

 
$
9.65

Vested and expected to vest as of October 31, 2015
1,258

 
$
9.25
Employee stock purchase plan  
Share-based Compensation Arrangement by Share-based Payment Award  
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions
The fair value of the option component of Brocade ESPP shares was estimated using the Black-Scholes option pricing model and the weighted-average assumptions noted in the following table:
 
Fiscal Year Ended
 
October 31,
2015
 
November 1,
2014
 
October 26,
2013
Expected dividend yield
1.4
%
 
1.4
%
 
0.0
%
Risk-free interest rate
0.3
%
 
0.2
%
 
0.2
%
Expected volatility
27.3
%
 
30.1
%
 
39.5
%
Expected term (in years)
1.2

 
1.3

 
1.3