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Stockholders' Equity
 9 Months Ended
Jul. 30, 2016
Equity [Abstract]  
Stockholders' Equity
Stockholders’ Equity
Dividends
During the nine months ended July 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
May 18, 2016
 
$
0.055

 
June 10, 2016
 
$
25,261

 
July 5, 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 loss and related tax effects for the three months ended July 30, 2016, and August 1, 2015, are as follows (in thousands):
 
Three Months Ended
 
July 30, 2016
 
August 1, 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
$
(715
)
 
$
15

 
$
(700
)
 
$
(361
)
 
$
(53
)
 
$
(414
)
Net gains and losses reclassified into earnings, foreign exchange contracts (1)
507

 
(25
)
 
482

 
941

 
(110
)
 
831

Net unrealized gains (losses) on cash flow hedges
(208
)
 
(10
)
 
(218
)
 
580

 
(163
)
 
417

Foreign currency translation adjustments
(1,628
)
 
—

 
(1,628
)
 
(492
)
 
—

 
(492
)
Total other comprehensive income (loss)
$
(1,836
)
 
$
(10
)
 
$
(1,846
)
 
$
88

 
$
(163
)
 
$
(75
)

The components of other comprehensive loss and related tax effects for the nine months ended July 30, 2016, and August 1, 2015, are as follows (in thousands):
 
Nine Months Ended
 
July 30, 2016
 
August 1, 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
$
(1,056
)
 
$
21

 
$
(1,035
)
 
$
(2,558
)
 
$
226

 
$
(2,332
)
Net gains and losses reclassified into earnings, foreign exchange contracts (1)
1,981

 
(150
)
 
1,831

 
2,879

 
(335
)
 
2,544

Net unrealized gains (losses) on cash flow hedges
925

 
(129
)
 
796

 
321

 
(109
)
 
212

Foreign currency translation adjustments
(1,760
)
 
—

 
(1,760
)
 
(5,781
)
 
—

 
(5,781
)
Total other comprehensive loss
$
(835
)
 
$
(129
)
 
$
(964
)
 
$
(5,460
)
 
$
(109
)
 
$
(5,569
)
(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 nine months ended July 30, 2016, and August 1, 2015, are as follows (in thousands):
 
Nine Months Ended
 
July 30, 2016
 
August 1, 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
(1,035
)
 
(1,760
)
 
(2,795
)
 
(2,332
)
 
(5,781
)
 
(8,113
)
Net gains and losses reclassified into earnings
1,831

 
—

 
1,831

 
2,544

 
—

 
2,544

Net current-period other comprehensive income (loss)
796

 
(1,760
)
 
(964
)
 
212

 
(5,781
)
 
(5,569
)
Ending balance
$
(743
)
 
$
(25,223
)
 
$
(25,966
)
 
$
(1,695
)
 
$
(22,688
)
 
$
(24,383
)