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Property, Plant and Equipment
6 Months Ended
May 01, 2021
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Property, Plant and Equipment
As discussed in Note 5, Special Charges, the Company is planning to transition testing operations currently handled in its Singapore facility to its facilities in Penang, Malaysia and the Philippines, in addition to its outsourced assembly and test partners. Accordingly, management has entered into an agreement to sell the facility in Singapore at the end of May 2021 and has determined that this facility and certain equipment therein have met the held for sale criteria as specified in ASC 360. No write-down to fair value was required upon this designation during fiscal 2020, as the fair value of the asset group, less costs to sell, was greater than its carrying value. As shown below, this carrying value was reclassified from various line items within Property, plant and equipment to Prepaid expenses and other current assets upon designation and remains in Prepaid expenses and other current assets as of May 1, 2021.
Land and buildings$36,451 
Machinery and equipment1,468 
Office equipment197 
Leasehold improvements5,744 
43,860 
Less accumulated depreciation and amortization(21,706)
Net property, plant and equipment reclassified to Prepaid expenses and other current assets$22,154