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Stockholders' Equity
 6 Months Ended
Apr. 30, 2016
Equity [Abstract]  
Stockholders' Equity
Stockholders’ Equity
Dividends
During the six months ended April 30, 2016, the Company’s Board of Directors declared the following dividends (in thousands, except per share amounts):
Declaration Date
 
Dividend per Share
 
Record Date
 
Total Amount Paid
 
Payment Date
November 22, 2015
 
$
0.045

 
December 10, 2015
 
$
18,429

 
January 4, 2016
February 16, 2016
 
$
0.045

 
March 10, 2016
 
$
18,016

 
April 4, 2016

Future dividends are subject to review and approval on a quarterly basis by the Company’s Board of Directors or a committee thereof.
Convertible Note Hedge and Warrants Related to the Convertible Senior Unsecured Notes
In connection with the issuance of the 2020 Convertible Notes, the Company entered into convertible note hedge and warrant transactions with certain financial institutions with respect to its common stock. See Note 8, “Borrowings,” of the Notes to Condensed Consolidated Financial Statements for further discussion.
Accumulated Other Comprehensive Loss
The components of other comprehensive income (loss) and related tax effects for the three months ended April 30, 2016, and May 2, 2015, are as follows (in thousands):
 
Three Months Ended
 
April 30, 2016
 
May 2, 2015
 
Before-Tax Amount
 
Tax Expense
 
Net-of-Tax Amount
 
Before-Tax Amount
 
Tax Expense
 
Net-of-Tax Amount
Unrealized gains (losses) on cash flow hedges:
 
 
 
 
 
 
 
 
 
 
 
Change in unrealized gains and losses, foreign exchange contracts
$
2,254

 
$
(290
)
 
$
1,964

 
$
(17
)
 
$
(126
)
 
$
(143
)
Net gains and losses reclassified into earnings, foreign exchange contracts (1)
780

 
(56
)
 
724

 
1,255

 
(146
)
 
1,109

Net unrealized gains (losses) on cash flow hedges
3,034

 
(346
)
 
2,688

 
1,238

 
(272
)
 
966

Foreign currency translation adjustments
2,070

 
—

 
2,070

 
(1,068
)
 
—

 
(1,068
)
Total other comprehensive income (loss)
$
5,104

 
$
(346
)
 
$
4,758

 
$
170

 
$
(272
)
 
$
(102
)

The components of other comprehensive income (loss) and related tax effects for the six months ended April 30, 2016, and May 2, 2015, are as follows (in thousands):
 
Six Months Ended
 
April 30, 2016
 
May 2, 2015
 
Before-Tax Amount
 
Tax (Expense) Benefit
 
Net-of-Tax Amount
 
Before-Tax Amount
 
Tax (Expense) Benefit
 
Net-of-Tax Amount
Unrealized gains (losses) on cash flow hedges:
 
 
 
 
 
 
 
 
 
 
 
Change in unrealized gains and losses, foreign exchange contracts
$
(342
)
 
$
6

 
$
(336
)
 
$
(2,197
)
 
$
279

 
$
(1,918
)
Net gains and losses reclassified into earnings, foreign exchange contracts (1)
1,474

 
(124
)
 
1,350

 
1,938

 
(225
)
 
1,713

Net unrealized gains (losses) on cash flow hedges
1,132

 
(118
)
 
1,014

 
(259
)
 
54

 
(205
)
Foreign currency translation adjustments
(133
)
 
—

 
(133
)
 
(5,289
)
 
—

 
(5,289
)
Total other comprehensive income (loss)
$
999

 
$
(118
)
 
$
881

 
$
(5,548
)
 
$
54

 
$
(5,494
)
(1)
For classification of amounts reclassified from accumulated other comprehensive loss into earnings as reported on the Company’s Condensed Consolidated Statements of Income, see Note 10, “Derivative Instruments and Hedging Activities,” of the Notes to Condensed Consolidated Financial Statements.
The changes in accumulated other comprehensive loss by component, net of tax, for the six months ended April 30, 2016, and May 2, 2015, are as follows (in thousands):
 
Six Months Ended
 
April 30, 2016
 
May 2, 2015
 
Losses on Cash Flow Hedges

Foreign Currency Translation Adjustments

Total Accumulated Other Comprehensive Loss

Losses on Cash Flow Hedges

Foreign Currency Translation Adjustments

Total Accumulated Other Comprehensive Loss
Beginning balance
$
(1,539
)
 
$
(23,463
)
 
$
(25,002
)
 
$
(1,907
)
 
$
(16,907
)
 
$
(18,814
)
Change in unrealized gains and losses
(336
)
 
(133
)
 
(469
)
 
(1,918
)
 
(5,289
)
 
(7,207
)
Net gains and losses reclassified into earnings
1,350

 
—

 
1,350

 
1,713

 
—

 
1,713

Net current-period other comprehensive income (loss)
1,014

 
(133
)
 
881

 
(205
)
 
(5,289
)
 
(5,494
)
Ending balance
$
(525
)
 
$
(23,596
)
 
$
(24,121
)
 
$
(2,112
)
 
$
(22,196
)
 
$
(24,308
)