Fair Value Measurements (Tables)

9 Months Ended

Jul. 29, 2011

Fair Value Measurements

Assets and liabilities measured at fair value on a recurring basis

(Dollars in thousands)	Fair Value		Level 1		Level 2		Level 3
Assets:
Cash and cash equivalents	$	118,113	$	118,113	—		—
Total Assets	$	118,113	$	118,113	—		—
Liabilities:
Foreign exchange contracts	$	4,173	—		$	4,173	—
Deferred compensation liabilities	4,477		—		4,477		—
Total Liabilities	$	8,650	—		$	8,650	—

Assets measured at fair value on a nonrecurring basis, acquisition of Unique Lighting

(Dollars in thousands)	Fair Value		Level 1	Level 2	Level 3		Valuation Technique
Assets:
Trade name	$	1,500	—	—	$	1,500	(a)
Patents	700		—	—	700		(a)
Non-compete agreements	3,100		—	—	3,100		(a)
Customer list	713		—	—	713		(b)
Developed technology	11,250		—	—	11,250		(a)
Total Assets	$	17,263	—	—	$	17,263

Assets and liabilities measured at fair value are based on one or more valuation techniques. The valuation techniques are identified in the table above and are as follows:

(a) We used an internally developed income based approach to value these assets. Inputs for this valuation model were based on internally developed forecasts and assumptions.

(b) We used a replacement cost model to value these assets. Inputs for this valuation model were based on internal estimates of the cost to recreate these assets.