Derivatives (Tables)

9 Months Ended

Aug. 01, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair Value of Hedging Instruments

The fair values of forward foreign currency derivative instruments designated as hedging instruments in the Company’s Condensed Consolidated Balance Sheets as of August 1, 2020 and November 2, 2019 were as follows:

		Fair Value At
	Balance Sheet Location	August 1, 2020		November 2, 2019
Forward foreign currency exchange contracts	Prepaid expenses and other current assets	$	9,811	$	65

Net Amount of Derivative Assets and Liabilities

The following table presents the gross amounts of the Company's forward foreign currency exchange contract derivative assets and liabilities and the net amounts recorded in the Company's Condensed Consolidated Balance Sheets:

	August 1, 2020		November 2, 2019
Gross amount of recognized assets	$	10,059	$	2,828
Gross amounts of recognized liabilities offset in the Condensed Consolidated Balance Sheets	(1,659)		(2,828)
Net assets presented in the Condensed Consolidated Balance Sheets	$	8,400	$	—