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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 29, 2017
Oct. 29, 2016
Current assets:    
Cash and cash equivalents $ 1,179,369 $ 1,257,075
Accounts receivable, net of allowances for doubtful accounts of $1,818, and $1,736 as of July 29, 2017, and October 29, 2016, respectively 291,989 284,344
Inventories 70,511 69,355
Prepaid expenses and other current assets 87,128 62,236
Current assets held for sale 26,279 0
Total current assets 1,655,276 1,673,010
Property and equipment, net 416,181 455,326
Goodwill 2,255,326 2,295,184
Core/developed technology intangible assets, net 193,959 248,938
Other intangible assets, net 159,041 200,840
Non-current deferred tax assets 40,057 12,736
Other assets 41,591 53,777
Total assets 4,761,431 4,939,811
Current liabilities:    
Accounts payable 97,074 128,685
Accrued employee compensation 144,622 154,165
Deferred revenue 198,704 221,940
Current portion of long-term debt 76,725 76,692
Other accrued liabilities 69,517 113,170
Current liabilities held for sale 8,421 0
Total current liabilities 595,063 694,652
Long-term debt, net of current portion 1,457,602 1,502,063
Non-current deferred revenue 85,055 90,051
Non-current income tax liability 92,582 102,100
Other non-current liabilities 4,330 5,370
Total liabilities 2,234,632 2,394,236
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: 413,745 and 401,748 shares as of July 29, 2017, and October 29, 2016, respectively 414 402
Additional paid-in capital 1,596,008 1,514,730
Accumulated other comprehensive loss (23,603) (27,413)
Retained earnings 951,592 1,055,194
Total Brocade stockholders’ equity 2,524,411 2,542,913
Noncontrolling interest 2,388 2,662
Total stockholders’ equity 2,526,799 2,545,575
Total liabilities and stockholders’ equity $ 4,761,431 $ 4,939,811