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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Oct. 31, 2015
Nov. 01, 2014
Oct. 26, 2013
Cash flows from operating activities:      
Net income $ 340,362 $ 237,971 $ 208,623
Adjustments to reconcile net income to net cash provided by operating activities:      
Excess tax benefits from stock-based compensation (48,943) (64,563) (3,189)
Non-cash tax charges 0 0 78,206
Depreciation and amortization 84,807 100,647 184,114
Loss on disposal of property and equipment 3,163 5,118 6,709
Gain on sale of network adapter business 0 (4,884) 0
Amortization of debt issuance costs and debt discount 13,715 1,151 1,214
Write-off of debt discount and debt issuance costs related to lenders that did not participate in refinancing (4,808) 0 (5,360)
Net gain on sale of investments 0 (5,292) 0
Provision for doubtful accounts receivable and sales allowances 5,173 7,563 9,221
Non-cash stock-based compensation expense 88,528 84,914 73,618
Goodwill impairment charge 0 83,382 [1] 0
Changes in assets and liabilities, net of acquisitions:      
Accounts receivable (15,989) 17,121 (25,509)
Inventories (1,805) 6,626 24,173
Prepaid expenses and other assets (15,844) (10,984) (66,001)
Deferred tax assets 234 (887) 4,825
Accounts payable 107 2,339 (28,862)
Accrued employee compensation (59,703) (11,382) (57,859)
Deferred revenue 1,345 8,652 8,599
Other accrued liabilities 50,366 96,376 12,944
Restructuring liabilities (2,825) (12,271) 14,843
Net cash provided by operating activities 447,499 541,597 451,029
Cash flows from investing activities:      
Purchases of non-marketable equity and debt investments (2,150) (223) 0
Proceeds from sale of non-marketable equity investments 1,489 10,798 0
Purchases of property and equipment (68,743) (54,734) (52,371)
Purchase of intangible assets (7,750) 0 0
Net cash paid in connection with acquisitions (95,452) (16,900) (44,629)
Proceeds from collection of note receivable 250 250 70,000
Proceeds from sale of network adapter business 0 9,995 0
Net cash used in investing activities (172,356) (50,814) (27,000)
Cash flows from financing activities:      
Proceeds from senior unsecured notes 0 0 296,250
Payment of principal related to senior secured notes (300,000) 0 (300,000)
Payment of debt issuance costs (1,718) 0 (992)
Payment of principal related to capital leases (1,818) (2,485) (1,627)
Common stock repurchases (343,686) (335,380) (240,000)
Proceeds from issuance of common stock 51,376 83,994 93,771
Payment of cash dividends to stockholders (67,470) (30,384) 0
Proceeds from convertible notes 565,656 0 0
Purchase of convertible note hedge (86,135) 0 0
Proceeds from issuance of warrants 51,175 0 0
Excess tax benefits from stock-based compensation 48,943 64,563 3,189
Net cash used in financing activities (83,677) (219,692) (149,409)
Effect of exchange rate fluctuations on cash and cash equivalents      
Effect of exchange rate fluctuations on cash and cash equivalents (5,601) (3,071) (849)
Net increase in cash and cash equivalents 185,865 268,020 273,771
Cash and cash equivalents, beginning of year 1,255,017 986,997 713,226
Cash and cash equivalents, end of year 1,440,882 1,255,017 986,997
Cash paid for interest      
Cash paid for interest 29,560 34,737 39,842
Cash paid for income taxes      
Cash paid for income taxes 41,442 22,207 14,493
Supplemental schedule of non-cash investing activities:      
Acquisition of property and equipment through capital leases 0 0 1,312
Settlement of debt investment in relation to acquisition $ 150 $ 0 $ 0
[1] In the second quarter of fiscal year 2014, the Company made a strategic change in the allocation of its engineering resources by reducing its investment in engineering and sales for the hardware-based Brocade ADX products and increasing engineering investment in the software-based Brocade ADX products for Layer 4-7 applications. As a result of this change in strategy, the Company expected hardware-based Brocade ADX and related support revenue to be negatively impacted. Based on these changes in estimates, the Company recognized an impairment charge during the second fiscal quarter of 2014 because the book value of its Application Delivery Products (“ADP”) reporting unit net assets, which includes the Brocade ADX products, exceeded the estimated fair value of these assets. The goodwill amount related to the Company’s other reporting units was not impacted.