XML 17 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements Of Operations - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Jul. 29, 2017
Jul. 30, 2016
Jul. 29, 2017
Jul. 30, 2016
Net revenues:        
Product $ 449,549,000 $ 490,995,000 $ 1,385,273,000 $ 1,400,355,000
Service 99,717,000 99,726,000 298,209,000 287,956,000
Total net revenues 549,266,000 590,721,000 1,683,482,000 1,688,311,000
Cost of revenues:        
Product 154,760,000 188,492,000 486,153,000 464,797,000
Service 43,361,000 45,330,000 136,301,000 127,489,000
Total cost of revenues 198,121,000 233,822,000 622,454,000 592,286,000
Gross margin 351,145,000 356,899,000 1,061,028,000 1,096,025,000
Operating expenses:        
Research and development 117,116,000 114,996,000 360,164,000 297,516,000
Sales and marketing 153,712,000 167,983,000 506,228,000 468,743,000
General and administrative 27,614,000 32,960,000 92,127,000 78,180,000
Settlement with dissenting stockholder of Ruckus Wireless, Inc. 8,528,000 0 8,528,000 0
Amortization of intangible assets 5,822,000 5,498,000 20,998,000 7,302,000
Acquisition, divestiture, and integration costs 13,246,000 14,868,000 49,519,000 20,625,000
Restructuring charges (benefits) 17,801,000 0 17,801,000 (566,000)
Impairment of equity investments 2,870,000 0 2,870,000 0
Loss on sold and held for sale software product lines 24,315,000 0 24,315,000 0
Total operating expenses 371,024,000 336,305,000 1,082,550,000 871,800,000
Income (loss) from operations (19,879,000) 20,594,000 (21,522,000) 224,225,000
Interest expense (15,875,000) (13,462,000) (47,317,000) (33,282,000)
Interest and other income, net 2,580,000 1,557,000 5,136,000 3,317,000
Income (loss) before income tax (33,174,000) 8,689,000 (63,703,000) 194,260,000
Income tax expense (benefit) (13,622,000) (1,806,000) (27,275,000) 47,034,000
Net income (loss) (19,552,000) 10,495,000 (36,428,000) 147,226,000
Less: Net loss attributable to noncontrolling interest (46,000) 0.00 (274,000) 0.00
Net income (loss) attributable to Brocade Communications Systems, Inc. $ (19,506,000) $ 10,495,000 $ (36,154,000) $ 147,226,000
Net income (loss) per share—basic attributable to Brocade Communications Systems, Inc. stockholders $ (0.05) $ 0.02 $ (0.09) $ 0.36
Net income (loss) per share—diluted attributable to Brocade Communications Systems, Inc. stockholders $ (0.05) $ 0.02 $ (0.09) $ 0.35
Shares used in per share calculation—basic 411,898 426,671 408,494 411,709
Shares used in per share calculation—diluted 411,898 434,416 408,494 419,416
Cash dividends declared per share $ 0.055 $ 0.055 $ 0.165 $ 0.145