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Accumulated Other Comprehensive Income (Loss)
 6 Months Ended
May 02, 2015
Statement of Comprehensive Income [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 2015.
 
Foreign currency translation adjustment
 
Unrealized holding gains on available for sale securities classified as short-term investments
 
Unrealized holding (losses) on available for sale securities classified as short-term investments
 
Unrealized holding gains (losses) on derivatives
 
Pension plans
 
Total
November 1, 2014
$
(5,132
)
 
$
518

 
$
(306
)
 
$
659

 
$
(164,265
)
 
$
(168,526
)
Other comprehensive income (loss) before reclassifications
(7,474
)
 
149

 
192

 
(34,494
)
 
16,555

 
(25,072
)
Amounts reclassified out of other comprehensive income (loss)
—

 
—

 
—

 
11,857

 
3,748

 
15,605

Tax effects
—

 
(24
)
 
(96
)
 
7,821

 
(563
)
 
7,138

Other comprehensive income (loss)
(7,474
)
 
125

 
96

 
(14,816
)
 
19,740

 
(2,329
)
May 2, 2015
$
(12,606
)
 
$
643

 
$
(210
)
 
$
(14,157
)
 
$
(144,525
)
 
$
(170,855
)



The amounts reclassified out of accumulated other comprehensive income (loss) with presentation location during each period were as follows:

 
 
Three Months Ended
 
Six Months Ended
 
 
Comprehensive Income Component
 
May 2, 2015
 
May 3, 2014
 
May 2, 2015
 
May 3, 2014
 
Location
Unrealized holding (losses) gains on derivatives
 
 
 
 
 
 
 
 
 
 
    Currency forwards
 
$
2,980

 
$
(207
)
 
$
5,342

 
$
105

 
Cost of sales
 
 
1,841

 
(384
)
 
3,236

 
(773
)
 
Research and development
 
 
2,803

 
(356
)
 
5,293

 
(298
)
 
Selling, marketing, general and administrative
 
 
—

 
—

 
(1,466
)
 
—

 
(a)
     Treasury rate lock
 
(274
)
 
(274
)
 
(548
)
 
(548
)
 
Interest expense
 
 
7,350

 
(1,221
)
 
11,857

 
(1,514
)
 
Total before tax
 
 
(851
)
 
194

 
(1,397
)
 
292

 
Tax
 
 
$
6,499

 
$
(1,027
)
 
$
10,460

 
$
(1,222
)
 
Net of tax
 
 

 
 
 
 
 
 
 
 
Amortization of pension components
 
 
 
 
 

 
 
 
 
     Transition obligation
 
$
5

 
$
5

 
$
10

 
$
10

 
(b)
     Prior service credit
 
(62
)
 
(62
)
 
(124
)
 
(122
)
 
(b)
     Actuarial losses
 
1,924

 
1,165

 
3,862

 
2,300

 
(b)
 
 
1,867

 
1,108

 
3,748


2,188

 
Total before tax
 
 
(281
)
 
(167
)
 
(563
)
 
(329
)
 
Tax
 
 
$
1,586

 
$
941

 
$
3,185

 
$
1,859

 
Net of tax
 
 
 
 
 
 
 
 
 
 
 
Total amounts reclassified out of accumulated other comprehensive income (loss), net of tax
 
$
8,085

 
$
(86
)
 
$
13,645

 
$
637

 
 
______________
a) The gain related to a fixed asset purchase was reclassified out of accumulated other comprehensive income (loss) to fixed assets which will depreciate into earnings over its expected useful life.
b) 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 1, 2014.

The Company estimates $7.1 million of net derivative unrealized holding losses 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 2, 2015 and May 3, 2014.
Unrealized gains and losses on available-for-sale securities classified as short-term investments at May 2, 2015 and November 1, 2014 are as follows:
 
May 2, 2015
 
November 1, 2014
Unrealized gains on securities classified as short-term investments
$
690

 
$
541

Unrealized losses on securities classified as short-term investments
(215
)
 
(407
)
Net unrealized gains (losses) on securities classified as short-term investments
$
475

 
$
134


As of May 2, 2015, the Company held 77 investment securities, 15 of which were in an unrealized loss position with gross unrealized loss of $0.2 million and an aggregate fair value of $562.4 million. As of November 1, 2014, the Company held 66 investment securities, 18 of which were in an unrealized loss position with gross unrealized loss of $0.4 million and an aggregate fair value of $694.7 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 2, 2015 and November 1, 2014.
Realized gains or losses on investments are determined based on the specific identification basis and are recognized in nonoperating expense (income). There were no material net realized gains or losses from the sales of available-for-sale investments during any of the fiscal periods presented.