XML 129 R108.htm IDEA: XBRL DOCUMENT v3.6.0.2
Quarterly Summary (Schedule of Quarterly Financial Information) (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Oct. 29, 2016
Jul. 30, 2016
Apr. 30, 2016
Jan. 30, 2016
Oct. 31, 2015
Aug. 01, 2015
May 02, 2015
Jan. 31, 2015
Oct. 29, 2016
Oct. 31, 2015
Nov. 01, 2014
Selected Quarterly Financial Information                      
Net revenues $ 657,299 $ 590,721 $ 523,306 $ 574,284 $ 588,827 $ 551,819 $ 546,575 $ 576,239 $ 2,345,610 $ 2,263,460 $ 2,211,267
Gross margin 420,314 356,899 350,311 388,815 394,277 371,904 372,209 389,683 1,516,339 1,528,073 1,465,793
Income from operations (1) 82,868 [1] 20,594 82,665 120,966 119,221 119,849 114,205 139,405 307,093 492,680 386,112
Net income $ 66,701 $ 10,495 $ 43,085 $ 93,646 $ 84,388 $ 91,667 $ 77,040 $ 87,267 $ 213,927 $ 340,362 $ 237,971
Net income (loss) per-share—basic $ 0.17 $ 0.02 $ 0.11 $ 0.23 $ 0.20 $ 0.22 $ 0.18 $ 0.20 $ 0.52 $ 0.81 $ 0.55
Net income (loss) per-share—diluted $ 0.16 $ 0.02 $ 0.11 $ 0.23 $ 0.20 $ 0.21 $ 0.18 $ 0.20 $ 0.51 $ 0.79 $ 0.53
Shares used in per share calculation—basic 401,103 426,671 400,554 407,902 414,769 417,299 420,718 428,536 409,058 420,331 435,258
Shares used in per share calculation—diluted 410,123 434,416 408,748 415,085 422,315 427,518 433,234 439,156 417,093 430,556 446,859
Brocade Price Per Share High $ 10.49 $ 9.84 $ 10.70 $ 10.92 $ 11.28 $ 12.88 $ 12.96 $ 12.43      
Brocade Price Per Share Low $ 8.64 $ 7.60 $ 7.58 $ 7.40 $ 9.72 $ 9.67 $ 10.85 $ 10.66      
[1] Beginning in the fourth quarter of the fiscal year ended October 29, 2016, revenue from sales to distributor customers is recognized upon shipment to the distributor (sell-in) and is reduced by allowances for rebates, sales program incentives, and stock rotations, which are all estimated by a process using both historical experience and expectations of future outcomes based on facts and circumstances available contemporaneously at the date of estimation. See Note 2, “Summary of Significant Accounting Policies,” of the Notes to Consolidated Financial Statements.