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Net Income Per Share (Tables)
6 Months Ended
Apr. 29, 2017
Earnings Per Share [Abstract]  
Schedule Of Calculation Of Basic And Diluted Net Income (Loss) Per Share
The following table presents the calculation of basic and diluted net income (loss) per share (in thousands, except per share amounts):
 
Three Months Ended
 
Six Months Ended
 
April 29,
2017
 
April 30,
2016
 
April 29,
2017
 
April 30,
2016
Basic net income (loss) per share
 
 
 
 
 
 
 
Net income (loss) attributable to Brocade
$
(10,967
)
 
$
43,085

 
$
(16,648
)
 
$
136,731

Weighted-average shares used in computing basic net income (loss) per share
408,589

 
400,554

 
406,792

 
404,228

Basic net income (loss) per share—attributable to Brocade stockholders
$
(0.03
)
 
$
0.11

 
$
(0.04
)
 
$
0.34

Diluted net income (loss) per share
 
 
 
 
 
 
 
Net income (loss) attributable to Brocade
$
(10,967
)
 
$
43,085

 
$
(16,648
)
 
$
136,731

Weighted-average shares used in computing basic net income (loss) per share
408,589

 
400,554

 
406,792

 
404,228

Dilutive potential common shares in the form of stock options

 
1,428

 

 
1,380

Dilutive potential common shares in the form of other share-based awards

 
6,766

 

 
6,309

Weighted-average shares used in computing diluted net income (loss) per share
408,589

 
408,748

 
406,792

 
411,917

Diluted net income (loss) per share—attributable to Brocade stockholders
$
(0.03
)
 
$
0.11

 
$
(0.04
)
 
$
0.33

Antidilutive potential common shares in the form of: (1)
 
 
 
 
 
 
 
Warrants issued in conjunction with the 2020 Convertible Notes (2)
36,516

 
36,240

 
36,486

 
36,220

Stock options
1,536

 
1,374

 
1,740

 
1,624

Other share-based awards
9,525

 
316

 
9,241

 
650

(1) 
These amounts are excluded from the computation of diluted net income (loss) per share.
(2) 
In connection with the issuance of the 2020 Convertible Notes, the Company entered into convertible note hedge and warrant transactions as described in Note 7, “Borrowings.” The 2020 Convertible Notes have no impact on diluted earnings per share until the average quarterly price of the Company’s common stock exceeds the adjusted conversion price of $15.75 per share. If the common stock price exceeds this adjusted conversion price, then immediately, prior to conversion, the Company will calculate the effect of the additional shares that may be issued using the treasury stock method. If the average price of the Company’s common stock exceeds $20.41 per share for a quarterly period, the Company’s weighted-average shares used in computing diluted net income (loss) per share will be impacted by the effect of the additional potential shares that may be issued related to the warrants using the treasury stock method. The convertible note hedge is not considered for purposes of the diluted earnings per share calculation, as its effect would be antidilutive.