Stock-Based Compensation and Shareholders' Equity (Tables)

12 Months Ended

Oct. 28, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Company's stock option awards and the related estimated weighted-average assumptions used to calculate the fair value of stock options granted

Information pertaining to the Company’s stock option awards and the related estimated weighted-average assumptions to calculate the fair value of stock options using the Black-Scholes valuation model granted in fiscal 2021 is below. The Company did not grant stock option awards in fiscal 2023 or fiscal 2022.

	2021
Options granted (in thousands)	644
Weighted-average exercise price	$145.04
Weighted-average grant-date fair value	$33.35
Assumptions:
Weighted-average expected volatility	35.3	%
Weighted-average expected term (in years)	5.0
Weighted-average risk-free interest rate	0.8	%
Weighted-average expected dividend yield	1.9	%

Schedule of share-based payment arrangement, expensed amount

Total stock-based compensation expense recognized is as follows:

	2023		2022		2021
Cost of sales	$	36,703	$	36,773	$	22,028
Research and development	116,354		121,298		86,820
Selling, marketing, general and administrative	143,789		133,900		80,099
Special charges, net	2,977		31,516		54,664
Total stock-based compensation expense	$	299,823	$	323,487	$	243,611

Schedule of the activity under the Company's stock option plans

A summary of the activity under the Company’s stock option plans as of October 28, 2023 and changes during the fiscal year then ended is presented below:

	Options Outstanding (in thousands)	Weighted- Average Exercise Price Per Share	Weighted- Average Remaining Contractual Term in Years	Aggregate Intrinsic Value
Options outstanding at October 29, 2022	3,194	$89.13
Options exercised	(823)	$68.50
Options forfeited	(4)	$74.45
Options outstanding at October 28, 2023	2,367	$96.33	4.5	$152,060
Options exercisable at October 28, 2023	1,735	$81.04	3.6	$137,960
Options vested or expected to vest at October 28, 2023 (1)	2,361	$96.23	4.5	$151,904

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(1)In addition to the vested options, the Company expects a portion of the unvested options to vest at some point in the future. The number of options expected to vest is calculated by applying an estimated forfeiture rate to the unvested options.

Schedule of the company's restricted stock unit award activity

A summary of the Company’s restricted stock unit and award activity as of October 28, 2023 and changes during the fiscal year then ended is presented below:

	Restricted Stock Units/Awards Outstanding (in thousands)	Weighted- Average Grant- Date Fair Value Per Share
Restricted stock units/awards outstanding at October 29, 2022	5,322	$142.54
Units/Awards granted	2,149	$180.18
Restrictions lapsed	(2,166)	$132.49
Forfeited	(258)	$155.78
Restricted stock units/awards outstanding at October 28, 2023	5,047	$162.20