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Retirement Plans (Tables)
12 Months Ended
Nov. 03, 2018
Retirement Benefits [Abstract]  
Schedule of net periodic pension cost of non-U.S. plans
Net annual periodic pension cost of non-U.S. plans for fiscal 2018, fiscal 2017 and fiscal 2016 is presented in the following table:
 
2018
 
2017
 
2016
Service cost
$
6,891

 
$
6,688

 
$
5,520

Interest cost
3,984

 
3,581

 
3,675

Expected return on plan assets
(4,559
)
 
(4,086
)
 
(3,764
)
Amortization of prior service cost
10

 
14

 

Amortization of transition obligation
1

 
(9
)
 
17

Recognized actuarial loss
1,621

 
1,865

 
679

Subtotal
$
7,948

 
$
8,053

 
$
6,127

Settlement impact

 

 
151

Net periodic pension cost
$
7,948

 
$
8,053

 
$
6,278

Schedule of obligation and asset data of the Company's non-US plans
Obligation and asset data of the Company’s non-U.S. plans at November 3, 2018 and October 28, 2017 is presented in the following table:
 
2018
 
2017
Change in Benefit Obligation
 

 
 

Benefit obligation at beginning of year
$
139,516

 
$
129,711

Service cost
6,891

 
6,688

Interest cost
3,984

 
3,581

Plan amendments

 
176

Actuarial gain
(20,406
)
 
(2,615
)
Benefits paid
(4,301
)
 
(2,663
)
Exchange rate adjustment
(2,146
)
 
4,638

Benefit obligation at end of year
$
123,538

 
$
139,516

Change in Plan Assets
 

 
 

Fair value of plan assets at beginning of year
$
79,616

 
$
69,823

Actual return on plan assets
(2,626
)
 
5,420

Employer contributions
13,793

 
4,995

Benefits paid
(4,301
)
 
(2,663
)
Exchange rate adjustment
(1,827
)
 
2,041

Fair value of plan assets at end of year
$
84,655

 
$
79,616

Reconciliation of Funded Status
 

 
 

Funded status
$
(38,883
)
 
$
(59,900
)
Amounts Recognized in the Balance Sheet
 

 
 

Non-current assets
$
6,569

 
$

Current liabilities
(767
)
 
(733
)
Non-current liabilities
(44,685
)
 
(59,167
)
Net amount recognized
$
(38,883
)
 
$
(59,900
)

 
2018
 
2017
Reconciliation of Amounts Recognized in the Statement of Financial Position
 

 
 

Initial net obligation
$

 
$
(10
)
Prior service credit
(44
)
 
(45
)
Net loss
(20,800
)
 
(35,779
)
Accumulated other comprehensive loss
(20,844
)
 
(35,834
)
Accumulated contributions less than net periodic benefit cost
(18,039
)
 
(24,066
)
Net amount recognized
$
(38,883
)
 
$
(59,900
)
Changes Recognized in Other Comprehensive Income
 

 
 

Changes in plan assets and benefit obligations recognized in other comprehensive income
 

 
 

Prior service cost
$

 
$
176

Net loss arising during the year (includes curtailment gains not recognized as a component of net periodic cost)
$
(13,220
)
 
$
(3,949
)
Effect of exchange rates on amounts included in accumulated other comprehensive income (loss)
(138
)
 
1,952

Amounts recognized as a component of net periodic benefit cost
 

 
 

Amortization, settlement or curtailment recognition of net transition obligation
(10
)
 
(14
)
Amortization or curtailment recognition of prior service credit (cost)
(1
)
 
9

Amortization or settlement recognition of net loss
(1,621
)
 
(1,865
)
Total recognized in other comprehensive loss
$
(14,990
)
 
$
(3,691
)
Total recognized in net periodic cost and other comprehensive loss
$
(7,042
)
 
$
4,362

Estimated amounts that will be amortized from accumulated other comprehensive (loss) income over the next fiscal year
 

 
 

Initial net obligation
$

 
$
(10
)
Prior service credit
(2
)

(2
)
Net loss
(1,015
)
 
(1,582
)
Total
$
(1,017
)
 
$
(1,594
)
Schedule of accumulated and projected benefit obligation in excess of plan assets
Information relating to the Company’s non-U.S. plans with projected benefit obligations in excess of plan assets and accumulated benefit obligations in excess of plan assets at November 3, 2018 and October 28, 2017 is presented in the following table:
 
2018
 
2017
Plans with projected benefit obligations in excess of plan assets:
 

 
 

Projected benefit obligation
$
46,626

 
$
139,516

Fair value of plan assets
$
1,174

 
$
79,616

Plans with accumulated benefit obligations in excess of plan assets:
 

 
 

Projected benefit obligation
$
46,626

 
$
109,261

Accumulated benefit obligation
$
41,701

 
$
103,470

Fair value of plan assets
$
1,174

 
$
53,747

Schedule of weighted average assumptions used
The range of assumptions used for the non-U.S. defined benefit plans reflects the different economic environments within the various countries as well as the differences in the attributes of the participants. As of October 29, 2016, the Company changed the method utilized to estimate the service cost and interest cost components of net periodic benefit cost for certain of its defined benefit pension plans. Prior to October 29, 2016, the Company estimated the service cost and interest cost components of net periodic benefit costs using a single weighted average discount rate. Beginning October 29, 2016, the Company uses a spot rate approach to estimate the service and interest cost components of net periodic benefit cost for certain of its defined benefit pension plans as the Company believes this approach calculates a better estimate. The change did not, and is not expected to, materially affect the Company's Consolidated Statement of Income.
The projected benefit obligation was determined using the following weighted-average assumptions:
 
2018
 
2017
Discount rate
3.53
%
 
3.02
%
Rate of increase in compensation levels
3.26
%
 
3.18
%
Net annual periodic pension cost was determined using the following weighted average assumptions:
 
2018
 
2017
Discount rate
3.02
%
 
2.92
%
Expected long-term return on plan assets
5.54
%
 
5.58
%
Rate of increase in compensation levels
3.18
%
 
3.36
%
Plan assets measured at fair value on a recurring basis by investment categories
The following table presents plan assets measured at fair value on a recurring basis by investment categories as of November 3, 2018 and October 28, 2017 using the same three-level hierarchy described in Note 2j, Fair Value, of these Notes to Consolidated Financial Statements:
 
November 3, 2018
 
 
 
October 28, 2017
 
 
 
Fair Value Measurement at Reporting Date Using:
 
 
 
Fair Value Measurement at Reporting Date Using:
 
 
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Total
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Total
Unit trust funds(1)
$

 
$
2,549

 
$
2,549

 
$

 
$
1,676

 
$
1,676

Equities(1)
3,437

 
35,221

 
38,658

 
4,701

 
32,589

 
37,290

Fixed income securities(2)

 
42,312

 
42,312

 

 
39,442

 
39,442

Cash and cash equivalents
1,136

 

 
1,136

 
1,208

 

 
1,208

Total assets measured at fair value
$
4,573

 
$
80,082

 
$
84,655

 
$
5,909

 
$
73,707

 
$
79,616

_______________________________________
(1)
The majority of the assets in these categories are invested in a mix of equities, including those from North America, Europe and Asia. The funds are valued using the net asset value method in which an average of the market prices for underlying investments is used to value the fund. Due to the nature of the underlying assets of these funds, changes in market conditions and the economic environment may significantly impact the net asset value of these investments and, consequently, the fair value of the investments. These investments are redeemable at net asset value to the extent provided in the documentation governing the investments. However, these redemption rights may be restricted in accordance with governing documents. Publicly traded securities are valued at the last trade or closing price reported in the active market in which the individual securities are traded.
(2)
The majority of the assets in this category are invested in funds primarily concentrated in non-U.S. debt instruments. The funds are valued using the net asset value method in which an average of the market prices for underlying investments is used to value the fund.

Schedule of expected company contributions and estimated future benefit payments
Expected fiscal 2019 Company contributions and estimated future benefit payments are as follows:
Expected Company Contributions
 

2019
$
4,149

Expected Benefit Payments
 

2020
$
2,580

2021
$
2,063

2022
$
2,212

2023
$
2,792

2024
$
3,247

2025 through 2028
$
21,966