Derivatives (Tables)

9 Months Ended

Jul. 30, 2011

Derivatives [Abstract]

Net gain or loss on the hedged item

The gain or loss on the hedged item (that is, the fixed-rate borrowings) attributable to the hedged benchmark interest rate risk and the offsetting gain or loss on the related interest rate swaps for the nine-month periods ended July 30, 2011 and July 31, 2010 are as follows:

Income Statement	July 30, 2011							July 31, 2010
Classification	Loss on Swaps			Gain on Note		Net Income Effect		Gain on Swaps		Loss on Note			Net Income Effect
Other income	$	(4,182	)	$	4,182	$	—	$	15,893	$	(15,893	)	$	—

Fair value of hedging instruments

The fair value of these hedging instruments in the Company’s condensed consolidated balance sheets as of July 30, 2011 and October 30, 2010 was as follows:

		Fair Value at		Fair Value at
	Balance Sheet Location	July 30, 2011		October 30, 2010
Interest rate swap agreements	Other assets	$	22,619	$	26,801
Forward foreign currency exchange contracts	Prepaid expenses and other current assets	$	4,952	$	7,542

Effect of derivative instruments designated as cash flow hedges

     The effect of derivative instruments designated as cash flow hedges on the condensed consolidated statements of income for the three- and nine-month periods ended July 30, 2011 and July 31, 2010 are as follows:

	Three Months Ended
	July 30, 2011			July 31, 2010
Loss recognized in OCI on derivatives (net of tax of $351 in 2011 and $356 in 2010)	$	(2,311	)	$	(1,816	)
(Gain) loss reclassified from OCI into income (net of tax of $432 in 2011 and $668 in 2010)	$	(2,844	)	$	3,404

	Nine Months Ended
	July 30, 2011			July 31, 2010
Gain (loss) recognized in OCI on derivatives (net of tax of $693 in 2011 and $1,513 in 2010)	$	4,344		$	(9,058	)
(Gain) loss reclassified from OCI into income (net of tax of $1,027 in 2011 and $460 in 2010)	$	(6,856	)	$	$1,880

Amounts reclassified into earnings before tax recognized in cost of sales and operating expenses

     The amounts reclassified into earnings before tax are recognized in cost of sales and operating expenses for the three- and nine-month periods ended July 30, 2011 and July 31, 2010 are as follows:

	Three Months Ended
	July 30, 2011		July 31, 2010
Cost of sales	$	1,535	$	1,497
Research and development	$	833	$	1,343
Selling, marketing, general and administrative	$	908	$	1,232

	Nine Months Ended
	July 30, 2011		July 31, 2010
Cost of sales	$	3,784	$	218
Research and development	$	2,029	$	1,116
Selling, marketing, general and administrative	$	2,070	$	1,006