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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Nov. 02, 2019
Aug. 03, 2019
May 04, 2019
Feb. 02, 2019
Nov. 03, 2018
[1]
Aug. 04, 2018
[1]
May 05, 2018
[1]
Feb. 03, 2018
[1]
Nov. 02, 2019
Nov. 03, 2018
[2]
Oct. 28, 2017
[2]
Revenue                      
Revenue $ 1,443,219 $ 1,480,143 $ 1,526,602 $ 1,541,101 $ 1,536,128 $ 1,558,189 $ 1,563,502 $ 1,566,870 $ 5,991,065 $ 6,224,689 $ 5,246,354
Costs and Expenses                      
Cost of sales 501,028 482,332 492,510 501,445 490,585 497,557 491,038 495,113 1,977,315 1,974,293 2,078,113
Gross margin 942,191 997,811 1,034,092 1,039,656 1,045,543 1,060,632 1,072,464 1,071,757 4,013,750 4,250,396 3,168,241
Operating expenses:                      
Research and development 277,018 280,102 285,846 287,382 295,609 291,551 289,381 288,506 1,130,348 1,165,047 968,133
Selling, marketing, general and administrative 154,799 162,825 163,128 167,342 175,296 171,388 172,047 176,809 648,094 695,540 690,533
Amortization of intangibles 107,225 107,231 107,261 107,324 107,345 107,409 107,129 107,019 429,041 428,902 297,351
Special charges 64,788 [3] 927 [3] 8,162 [3] 21,782 [3] 1,842 [3] 1,069 [3] 1,089 [3] 57,318 [3] 95,659 61,318 49,463
Total operating expenses 603,830 551,085 564,397 583,830 580,092 571,417 569,646 629,652 2,303,142 2,350,807 2,005,480
Operating income 338,361 446,726 469,695 455,826 465,451 489,215 502,818 442,105 1,710,608 1,899,589 1,162,761
Nonoperating (income) expenses:                      
Interest expense 50,775 59,871 59,701 58,728 59,102 61,665 64,792 68,030 229,075 253,589 250,840
Interest income (1,988) (2,625) (2,928) (2,688) (2,791) (2,588) (1,912) (2,092) (10,229) (9,383) (30,333)
Other, net 1,747 (78) 4,525 (160) (196) (368) (187) 820 6,034 69 7,507
Total nonoperating (income) expense 50,534 57,168 61,298 55,880 56,115 58,709 62,693 66,758 224,880 244,275 228,014
Earnings                      
Income before income taxes 287,827 389,558 408,397 399,946 409,336 430,506 440,125 375,347 1,485,728 1,655,314 934,747
Provision for income taxes $ 10,133 [4] $ 27,184 [4] $ 40,460 [4] $ 44,940 [4] $ 4,481 [4] $ 21,949 [4] $ 39,797 [4] $ 82,107 [4] 122,717 148,334 129,368
Net income                 $ 1,363,011 $ 1,506,980 $ 805,379
Shares used to compute earnings per common share (in shares)                      
Shares used to compute earnings per share - Basic (in shares) 369,051 369,533 369,246 368,703 371,074 371,315 370,384 369,093 369,133 370,430 346,371
Shares used to compute earnings per share - Diluted (in shares) 372,584 373,077 373,342 372,506 375,116 375,815 374,778 374,189 372,871 374,938 350,484
Earnings per share - Basic (in dollars per share)                      
Basic earnings per common share (in dollars per share)                 $ 3.68 $ 4.05 $ 2.32
Earnings per share - Diluted (in dollars per share)                      
Diluted earnings per common share (in dollars per share)                 $ 3.65 $ 4.00 $ 2.29
[1] Balances have been restated to reflect the adoption of Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers (ASU 2014-09). See Note 2a, Principles of Consolidation, in the Notes to Consolidated Financial Statements in Item 8 of this Annual Report on Form 10-K
[2] Balances have been restated to reflect the adoption of Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers (ASU 2014-09). See Note 2a, Principles of Consolidation, in the Notes to Consolidated Financial Statements.
[3] Represents charges recorded for various restructuring actions. See Note 5, Special Charges, of the Notes to Consolidated Financial Statements in Item 8 of this Annual Report on Form 10-K.
[4] See Note 12, Income Taxes, of the Notes to Consolidated Financial Statements in Item 8 of this Annual Report on Form 10-K.