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Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 29, 2016
Oct. 31, 2015
Current assets:    
Cash and cash equivalents $ 1,257,075 $ 1,440,882
Accounts receivable, net of allowances for doubtful accounts of $1,736 and $1,838 as of October 29, 2016, and October 31, 2015, respectively 284,344 235,883
Inventories 69,355 40,524
Deferred tax assets 0 78,675
Prepaid expenses and other current assets 62,236 56,235
Total current assets 1,673,010 1,852,199
Property and equipment, net 455,326 439,224
Goodwill 2,295,184 1,617,161
Core/developed technology intangible assets, net 248,938 30,925
Other intangible assets, net 200,840 44,698
Non-current deferred tax assets 12,736 813
Other assets 53,777 51,133
Total assets 4,939,811 4,036,153
Current liabilities:    
Accounts payable 128,685 98,143
Accrued employee compensation 154,165 142,075
Deferred revenue 221,940 244,622
Current portion of long-term debt 76,692 298
Other accrued liabilities 113,170 77,226
Total current liabilities 694,652 562,364
Long-term debt, net of current portion 1,502,063 793,779
Non-current deferred revenue 90,051 72,065
Non-current income tax liability 102,100 47,010
Non-current deferred tax liabilities 0 24,024
Other non-current liabilities 5,370 3,376
Total liabilities 2,394,236 1,502,618
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Preferred stock, $0.001 par value, 5,000 shares authorized, no shares issued and outstanding 0 0
Common stock, $0.001 par value, 800,000 shares authorized:    
Issued and outstanding: 401,748 and 413,923 shares as of October 29, 2016, and October 31, 2015, respectively 402 414
Additional paid-in capital 1,514,730 1,632,984
Accumulated other comprehensive loss (27,413) (25,002)
Retained earnings 1,055,194 925,139
Total Brocade stockholders’ equity 2,542,913 2,533,535
Noncontrolling interest 2,662 0
Total stockholders’ equity 2,545,575 2,533,535
Total liabilities and stockholders’ equity $ 4,939,811 $ 4,036,153