Acquisitions, Divestitures, AHS Acquisitions, Divestitures, AHS (Tables)

9 Months Ended

Jul. 29, 2017

Schedule of Long Lived Assets Held-for-sale [Table Text Block]

The following table summarizes the net book value adjusted for estimated loss of components of held for sale assets and liabilities (in thousands):



Assets held for sale:
Prepaid expenses	$	180
Property and equipment, net	1,019
Goodwill	12,921
Finite-lived intangible assets, net	12,159
Total current assets held for sale	$	26,279

Liabilities held for sale:
Accrued employee compensation	$	179
Deferred revenue	8,242
Total current liabilities held for sale	$	8,421

Schedule of Acquisition Divestiture Integration Costs [Table Text Block]

The following table summarizes the “Acquisition, divestiture, and integration costs” included on the Company’s Condensed Consolidated Statements of Operations (in thousands):



	Three Months Ended					Nine Months Ended
	July 29, 2017			July 30, 2016		July 29, 2017		July 30, 2016
Direct acquisition costs associated with the Ruckus acquisition	$	1,184		$	10,232	$	3,454	$	15,218
Divestiture costs⁽¹⁾	829			—		1,570		—
Integration costs associated with the Ruckus acquisition	(372		)	4,636		3,338		5,407
Broadcom pending acquisition-related costs ⁽²⁾	11,605			—		41,157		—
Total acquisition, divestiture, and integration costs	$	13,246		$	14,868	$	49,519	$	20,625


⁽¹⁾	These costs relate to the completed divestiture of the Company’s vRouter product line and the pending divestitures of the vADC and vEPC product lines.


⁽²⁾	These costs are related to retention compensation for certain of the Company’s employees and legal and consulting fees.

Ruckus

Business Acquisition [Line Items]

Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]

The fair value of identified intangible assets and their respective useful lives are as follows (in thousands, except for estimated useful life):



	Approximate Fair Value		Estimated Useful Life (In years)
Trade name/trademark	$	42,000	11
Customer relationships	118,000		1 - 7
Developed technology	230,000		6 - 7
In-process research and development (“IPR&D”) ⁽¹⁾	28,000		N/A ⁽¹⁾
Total intangible assets	$	418,000


⁽¹⁾	IPR&D will be accounted for as an indefinite-lived intangible asset until the underlying projects are completed or abandoned.

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The following table summarizes the final allocation of the total purchase consideration to the fair value of the assets acquired and liabilities assumed (in thousands):



Assets acquired:
Cash and cash equivalents	$	95,515
Short-term investments	150,257
Accounts receivable, net of allowances for doubtful accounts of $2,100	41,339
Inventories	64,000
Prepaid expenses and other current assets	5,252
Property and equipment, net	27,060
Identifiable intangible assets	418,000
Other assets	1,697
Total assets acquired	803,120
Liabilities assumed:
Accounts payable	16,375
Accrued employee compensation	17,514
Deferred revenue	14,520
Other accrued liabilities	33,808
Non-current deferred revenue	9,767
Non-current deferred tax liabilities	64,853
Other non-current liabilities	41,033
Total liabilities assumed	197,870
Net assets acquired, excluding goodwill (a)	605,250
Total purchase consideration (b)	1,275,060
Goodwill (b) - (a)	$	669,810