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Accumulated Other Comprehensive Income (Loss)
 6 Months Ended
May 03, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income (Loss)
        
The following table provides the changes in accumulated other comprehensive income (loss), OCI, by component and the related tax effects during the first six months of fiscal 2014.
 
Foreign currency translation adjustment
 
Unrealized holding Gains on Available for Sale securities classified as short-term investments
 
Unrealized holding (losses) on securities classified as short-term investments
 
Unrealized holding Gains on Derivatives
 
Pension Plans
 
Total
November 2, 2013
$
483

 
$
953

 
$
(435
)
 
$
9,097

 
$
(90,644
)
 
$
(80,546
)
Other comprehensive income before reclassifications
3,860

 
293

 
243

 
1,993

 
(2,661
)
 
3,728

Amounts reclassified out of other comprehensive income
—

 
—

 
—

 
(1,514
)
 
2,188

 
674

Tax effects
—

 
(28
)
 
(37
)
 
90

 
(329
)
 
(304
)
Other comprehensive income
3,860

 
265

 
206

 
569

 
(802
)
 
4,098

May 3, 2014
$
4,343

 
$
1,218

 
$
(229
)
 
$
9,666

 
$
(91,446
)
 
$
(76,448
)



The amounts reclassified out of accumulated other comprehensive income into the consolidated condensed statement of income, with presentation location during each period were as follows:

 
 
Three Months Ended
 
Six Months Ended
 
 
 
 
May 3, 2014
 
May 3, 2014
 
 
Comprehensive Income Component
 
 
 
Location
Unrealized holding (losses) gains on derivatives
 
 
 
 
 
 
    Currency forwards
 
$
(207
)
 
$
105

 
Cost of sales
 
 
(384
)
 
(773
)
 
Research and development
 
 
(356
)
 
(298
)
 
Selling, marketing, general and administrative
     Treasury rate lock
 
(274
)
 
(548
)
 
Interest, expense
 
 
(1,221
)
 
(1,514
)
 
Total before tax
 
 
194

 
292

 
Tax
 
 
$
(1,027
)
 
(1,222
)
 
Net of tax
 
 

 
 
 
 
Amortization of pension components
 

 

 
 
     Transition obligation
 
$
5

 
$
10

 
a
     Prior service credit
 
(62
)
 
(122
)
 
a
     Actuarial losses
 
1,165

 
2,300

 
a
 
 
1,108

 
2,188


Total before tax
 
 
(167
)
 
(329
)
 
Tax
 
 
$
941

 
$
1,859

 
Net of tax
 
 
 
 
 
 
 
Total amounts reclassified out of accumulated other comprehensive income, net of tax
 
$
(86
)
 
$
637

 
 
______________
a) The amortization of pension components is included in the computation of net periodic pension cost. For further information see Note 13, Retirement Plans, contained in Item 8 of the Annual Report on Form 10-K for the fiscal year ended November 2, 2013.

The Company estimates $1.6 million of net derivative unrealized holding gains included in OCI will be reclassified into earnings within the next twelve months. There was no ineffectiveness in the three- and six-month periods ended May 3, 2014 and May 4, 2013.
Unrealized gains and losses on available-for-sale securities classified as short-term investments at May 3, 2014 and November 2, 2013 are as follows:
 
May 3, 2014
 
November 2, 2013
Unrealized gains on securities classified as short-term investments
$
1,430

 
$
1,137

Unrealized losses on securities classified as short-term investments
(268
)
 
(511
)
Net unrealized gains on securities classified as short-term investments
$
1,162

 
$
626


As of May 3, 2014, the Company held 140 investment securities, 26 of which were in an unrealized loss position with an aggregate fair value of $810.5 million. As of November 2, 2013, the Company held 137 investment securities, 31 of which were in an unrealized loss position with an aggregate fair value of $972.2 million. These unrealized losses were primarily related to corporate obligations that earn lower interest rates than current market rates. None of these investments have been in a loss position for more than twelve months. As the Company does not intend to sell these investments and it is unlikely that the Company will be required to sell the investments before recovery of their amortized basis, which will be at maturity, the Company does not consider those investments to be other-than-temporarily impaired at May 3, 2014 and November 2, 2013.
Realized gains or losses on investments are determined based on the specific identification basis and are recognized in nonoperating (income) expense. There were no material net realized gains or losses from the sales of available-for-sale investments during any of the fiscal periods presented.