Income Taxes (Tables)

12 Months Ended

Oct. 31, 2015

Schedule of income tax provision reconciliation

The reconciliation of income tax computed at the U.S. federal statutory rates to income tax expense is as follows:



	2015			2014			2013
U.S. federal statutory tax rate	35.0		%	35.0		%	35.0		%
Income tax provision reconciliation:
Tax at statutory rate:	$	283,540		$	255,271		$	285,363
Net foreign income subject to lower tax rate	(198,061		)	(179,329		)	(162,286		)
State income taxes, net of federal benefit	(4,425		)	(6,361		)	(2,098		)
Valuation allowance	4,875			2,846			3,113
Federal research and development tax credits	(8,232		)	(1,165		)	(12,914		)
Change in uncertain tax positions	2,449			719			37,226
Amortization of purchased intangibles	38,973			8,126			—
Acquisitions	—			15,656			—
Other, net	(5,883		)	4,262			(6,568		)
Total income tax provision	$	113,236		$	100,025		$	141,836

Schedule of income before income tax domestic and foreign

For financial reporting purposes, income before income taxes includes the following components:



	2015		2014		2013
Pretax income:
Domestic	$	110,710	$	127,084	$	124,737
Foreign	699,404		602,261		690,586
Income before income taxes	$	810,114	$	729,345	$	815,323

Schedule of components of the provision for income taxes

The components of the provision for income taxes are as follows:



	2015			2014			2013
Current:
Federal tax	$	65,942		$	128,591		$	88,431
Foreign	98,813			48,829			70,656
State	695			316			448
Total current	$	165,450		$	177,736		$	159,535
Deferred (prepaid):
Federal	$	(27,933	)	$	(74,263	)	$	(18,182	)
State	541			(1,113		)	1,982
Foreign	(24,822		)	(2,335		)	(1,499		)
Total (prepaid) deferred	$	(52,214	)	$	(77,711	)	$	(17,699	)

Schedule of deferred tax assets and liabilities

The significant components of the Company’s deferred tax assets and liabilities for the fiscal years ended October 31, 2015 and November 1, 2014 are as follows:



	2015			2014
Deferred tax assets:
Inventory reserves	$	24,009		$	25,236
Deferred income on shipments to distributors	40,842			38,025
Reserves for compensation and benefits	45,515			50,895
Tax credit carryovers	64,838			59,909
Stock-based compensation	68,530			74,487
Depreciation	1,840			3,490
Capital loss carryover	—			4,266
Acquisition-related intangibles	6,327			7,030
Other	36,711			22,165
Total gross deferred tax assets	288,612			285,503
Valuation allowance	(52,675		)	(52,064		)
Total deferred tax assets	235,937			233,439
Deferred tax liabilities:
Depreciation	(50,389		)	(43,337		)
Undistributed earnings of foreign subsidiaries	(29,471		)	(31,904		)
Acquisition-related intangibles	(217,961		)	(235,569		)
Other	(2,971		)	(2,236		)
Total gross deferred tax liabilities	(300,792		)	(313,046		)
Net deferred tax liabilities	$	(64,855	)	$	(79,607	)

Schedule of changes in unrealized tax benefits

The following table summarizes the changes in the total amounts of unrealized tax benefits for fiscal 2013 through fiscal 2015:



	Unrealized Tax Benefits
Balance, November 2, 2013	$	68,139
Additions for tax positions related to current year	214
Reductions for tax positions related to prior years	(1,321		)
Reductions due to lapse of applicable statute of limitations	(1,568		)
Balance, November 1, 2014	$	65,464
Additions for tax positions related to current year	524
Additions for tax positions related to prior years	9,799
Reductions for tax positions related to prior years	(2,745		)
Reductions due to lapse of applicable statute of limitations	(1,260		)
Balance, October 31, 2015	$	71,782