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Accumulated Other Comprehensive Income (Loss)
 3 Months Ended
Jan. 30, 2016
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 three months of fiscal 2016.
 
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
October 31, 2015
$
(18,057
)
 
$
216

 
$
(544
)
 
$
(17,692
)
 
$
(14,774
)
 
$
(50,851
)
Other comprehensive income (loss) before reclassifications
(8,114
)
 
(78
)
 
3

 
(5,156
)
 
692

 
(12,653
)
Amounts reclassified out of other comprehensive income (loss)
—

 
—

 
—

 
3,219

 
171

 
3,390

Tax effects
—

 
12

 
(12
)
 
357

 
(50
)
 
307

Other comprehensive income (loss)
(8,114
)
 
(66
)
 
(9
)
 
(1,580
)
 
813

 
(8,956
)
January 30, 2016
$
(26,171
)
 
$
150

 
$
(553
)
 
$
(19,272
)
 
$
(13,961
)
 
$
(59,807
)



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

 
 
Three Months Ended
 
 
Comprehensive Income Component
 
January 30, 2016
 
January 31, 2015
 
Location
Unrealized holding (losses) gains on derivatives
 
 
 
 
 
 
    Currency forwards
 
$
1,479

 
$
2,362

 
Cost of sales
 
 
663

 
1,395

 
Research and development
 
 
794

 
2,490

 
Selling, marketing, general and administrative
 
 
—

 
(1,466
)
 
(a)
     Treasury rate lock
 
(274
)
 
(274
)
 
Interest expense
     Swap rate lock
 
557

 
—

 
Interest expense
 
 
3,219

 
4,507

 
Total before tax
 
 
(510
)
 
98

 
Tax
 
 
$
2,709

 
$
4,605

 
Net of tax
 
 

 
 
 
 
Amortization of pension components
 
 
 
 
 
 
     Transition obligation
 
$
4

 
$
5

 
(b)
     Prior service credit
 
—

 
(62
)
 
(b)
     Actuarial losses
 
167

 
1,938

 
(b)
 
 
171

 
1,881

 
Total before tax
 
 
(50
)
 
(282
)
 
Tax
 
 
$
121

 
$
1,599

 
Net of tax
 
 
 
 
 
 
 
Total amounts reclassified out of accumulated other comprehensive income (loss), net of tax
 
$
2,830

 
$
6,204

 
 
______________
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 October 31, 2015.

The Company estimates $3.1 million of forward foreign currency derivative instruments included in OCI will be reclassified into earnings within the next twelve months. There was no ineffectiveness in the three-month periods ended January 30, 2016 and January 31, 2015.
Gross unrealized gains and losses on available-for-sale securities classified as short-term investments at January 30, 2016 and October 31, 2015 are as follows:
 
January 30, 2016
 
October 31, 2015
Unrealized gains on securities classified as short-term investments
$
155

 
$
233

Unrealized losses on securities classified as short-term investments
(581
)
 
(584
)
Net unrealized losses on securities classified as short-term investments
$
(426
)
 
$
(351
)

As of January 30, 2016, the Company held 76 investment securities, 55 of which were in an unrealized loss position with gross unrealized loss of $0.6 million and an aggregate fair value of $2.5 billion. As of October 31, 2015, the Company held 76 investment securities, 23 of which were in an unrealized loss position with gross unrealized loss of $0.6 million and an aggregate fair value of $823.4 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 January 30, 2016 and October 31, 2015.
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.