Derivatives (Tables)

9 Months Ended

Jul. 29, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of 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 July 29, 2023 and October 29, 2022 were as follows:

		Fair Value At
	Balance Sheet Location	July 29, 2023		October 29, 2022
Forward foreign currency exchange contracts	Prepaid expenses and other current assets	$	5,097	$	—
Forward foreign currency exchange contracts	Accrued liabilities	$	—	$	18,050

Schedule of 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:

	July 29, 2023		October 29, 2022
Gross amounts of recognized liabilities	$	(4,206)	$	(19,846)
Gross amount of recognized assets	13,116		2,862
Net assets (liabilities) presented in the Condensed Consolidated Balance Sheets	$	8,910	$	(16,984)

Schedule of interest rate derivatives

The gain or loss on the hedged item attributable to the hedged benchmark interest rate risk and the offsetting gain or loss on the related interest rate swaps were recorded as follows:

	July 29, 2023
Balance Sheet Location	Loss on Swaps		Gain on Note
Accrued liabilities	$	45,620	$	—
Long term debt	$	—	$	45,620