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Accumulated Other Comprehensive Income (Loss)
 6 Months Ended
May 04, 2019
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss) 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 2019.
 
Foreign currency translation adjustment
 
Unrealized holding gains (losses) on available for sale securities
 
Unrealized holding gains (losses) on derivatives
 
Pension plans
 
Total
November 3, 2018
$
(28,711
)
 
$
(10
)
 
$
(14,355
)
 
$
(15,364
)
 
$
(58,440
)
Other comprehensive income (loss) before reclassifications
(112
)
 
15

 
(53,229
)
 
(19
)
 
(53,345
)
Amounts reclassified out of other comprehensive income (loss)
—

 
—

 
5,196

 
511

 
5,707

Tax effects
—

 
—

 
10,183

 
(126
)
 
10,057

Other comprehensive income (loss)
(112
)
 
15

 
(37,850
)
 
366

 
(37,581
)
May 4, 2019
$
(28,823
)
 
$
5

 
$
(52,205
)
 
$
(14,998
)
 
$
(96,021
)

The amounts reclassified out of accumulated OCI into the Condensed Consolidated Statement of Income with presentation location during each period were as follows:
 
 
Three Months Ended
 
Six Months Ended
 
 
Comprehensive Income Component
 
May 4, 2019
 
May 5, 2018
 
May 4, 2019
 
May 5, 2018
 
Location
Unrealized holding losses (gains) on derivatives
 
 
 
 
    Currency forwards
 
$
478

 
$
(590
)
 
$
1,197

 
$
(1,865
)
 
Cost of sales
 
 
770

 
(714
)
 
1,618

 
(1,783
)
 
Research and development
 
 
956

 
(787
)
 
1,871

 
(1,756
)
 
Selling, marketing, general and administrative
     Interest rate derivatives
 
464

 
(473
)
 
510

 
157

 
Interest expense
 
 
2,668

 
(2,564
)
 
5,196

 
(5,247
)
 
Total before tax
 
 
(393
)
 
131

 
(803
)
 
475

 
Tax
 
 
$
2,275

 
$
(2,433
)
 
$
4,393

 
$
(4,772
)
 
Net of tax
 
 

 
 
 
 
 
 
 
 
Amortization of pension components
 

 
 
 
 
     Transition obligation
 
$
—

 
$
2

 
$
—

 
$
4

 
(a)
     Prior service credit
 
—

 
1

 
—

 
1

 
(a)
     Actuarial losses
 
254

 
407

 
511

 
832

 
(a)
 
 
254

 
410

 
511


837

 
Total before tax
 
 
(63
)
 
(99
)
 
(126
)
 
(202
)
 
Tax
 
 
$
191

 
$
311

 
$
385

 
$
635

 
Net of tax
 
 
 
 
 
 
 
 
 
 
 
Total amounts reclassified out of accumulated other comprehensive income (loss), net of tax
 
$
2,466

 
$
(2,122
)
 
$
4,778

 
$
(4,137
)
 
 
______________
(a) The amortization of pension components is included in the computation of net periodic pension cost. For further information see Note 11, Retirement Plans, in the Notes to Consolidated Financial Statements in Item 8 of the Annual Report on Form 10-K for the fiscal year ended November 3, 2018.
The Company estimates $2.3 million, net of tax, of losses of forward foreign currency derivative instruments included in OCI will be reclassified into earnings within the next 12 months. There was no material ineffectiveness recorded within OCI related to designated forward foreign currency derivative instruments in the three- and six-month periods ended May 4, 2019 and May 5, 2018.
As of May 4, 2019, the Company held 10 investment securities, 1 of which was in an unrealized loss position with immaterial gross unrealized losses and an aggregate fair value of $25.0 million. As of November 3, 2018, the Company held 15 investment securities, 15 of which were in an unrealized loss position with immaterial gross unrealized losses and an aggregate fair value of $205.0 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 4, 2019 and November 3, 2018.
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.