Basis of Presentation (Tables)

3 Months Ended

Feb. 02, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

The adoption of ASU 2016-16 resulted in the following cumulative-effect increase in the Company's deferred tax assets, deferred tax liabilities and retained earnings as follows:

	November 4, 2018
(thousands)	Beginning Balance November 3, 2018 as Adjusted		Impact of Adoption of ASU 2016-16		Balance November 4, 2018
Deferred tax assets	$	1,725	$	1,655,129	$	1,656,854
Deferred income taxes	$	982,469	$	1,324,103	$	2,306,572
Retained earnings	$	5,982,697	$	331,026	$	6,313,723

See Note 13, New Accounting Pronouncements, and Note 12, Income Taxes, in these Notes to Condensed Consolidated Financial Statements for more information on the adoption of ASU 2016-16.

Accordingly, the amounts for all periods presented in this Form 10-Q reflect the impact of ASU 2014-09.

Condensed Consolidated Statement of Income	Three Months Ended February 3, 2018
(thousands, except per share amounts)	As Reported			Impact of Adoption		As Adjusted
Revenue	$	1,518,624		$	48,246	$	1,566,870
Cost of sales	483,434			11,753		495,187
Gross margin	1,035,190			36,493		1,071,683
Operating expenses:
Research and development	288,597			—		288,597
Selling, marketing, general and administrative	176,908			—		176,908
Amortization of intangibles	107,019			—		107,019
Special charges	57,318			—		57,318
	629,842			—		629,842
Operating income	405,348			36,493		441,841
Nonoperating expense (income):
Interest expense	68,030			—		68,030
Interest income	(2,092		)	—		(2,092		)
Other, net	556			—		556
	66,494			—		66,494
Income before income taxes	338,854			36,493		375,347
Provision for income taxes	70,682			11,425		82,107
Net income	$	268,172		$	25,068	$	293,240
Shares used to compute earnings per common share – basic	369,093			—		369,093
Shares used to compute earnings per common share – diluted	374,189			—		374,189
Basic earnings per common share	$	0.72		$	0.07	$	0.79
Diluted earnings per common share	$	0.71		$	0.07	$	0.78

The impact on the Company's previously reported condensed consolidated balance sheet line items is as follows:

	November 3, 2018
(thousands)	As Reported		Impact of Adoption			As Adjusted
Deferred tax assets	$	21,078	$	(19,353	)	$	1,725
Deferred income on shipments to distributors, net	$	487,417	$	(487,417	)	$	—
Accrued liabilities	$	497,080	$	133,027		$	630,107
Deferred income taxes	$	927,065	$	55,404		$	982,469
Retained earnings	$	5,703,064	$	279,633		$	5,982,697