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Stock-Based Compensation and Shareholders’ Equity (Tables)
12 Months Ended
Nov. 02, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of share-based payment arrangement, expensed amount
Total stock-based compensation expense recognized is as follows:
202420232022
Cost of sales$31,233 $36,703 $36,773 
Research and development109,011 116,354 121,298 
Selling, marketing, general and administrative114,638 143,789 133,900 
Special charges, net7,828 2,977 31,516 
Total stock-based compensation expense$262,710 $299,823 $323,487 
Schedule of the activity under the company's stock option plans
A summary of the stock option activity as of November 2, 2024 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 28, 2023
2,367 $96.33 
Options exercised(699)$73.36 
Options forfeited(29)$106.33 
Options outstanding at November 2, 2024
1,639 $105.95 4.2$195,951 
Options exercisable at November 2, 2024
1,293 $95.65 3.7$167,918 
Options vested or expected to vest at November 2, 2024 (1)
1,639 $105.94 4.2$195,911 
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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 November 2, 2024 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 28, 2023
5,047 $162.20 
Units/Awards granted1,876 $206.92 
Restrictions lapsed(2,053)$145.25 
Forfeited(389)$169.82 
Restricted stock units/awards outstanding at November 2, 2024
4,481 $186.81