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SHARE-BASED COMPENSATION (Tables)
3 Months Ended
Jan. 27, 2013
SHARE-BASED COMPENSATION [Abstract]  
Weighted-average inputs and risk-free rate of return ranges used to calculate the grant date fair value of options
Option awards generally vest in one to four years, and have a ten-year contractual term. All incentive and non-qualified stock option grants have an exercise price no less than the market value of the underlying common stock on the date of grant. The grant date fair values of options are based on closing prices of the Company's common stock on the dates of grant using the Black-Scholes option pricing model. Expected volatility is based on the historical volatility of the Company's stock. The Company uses historical option exercise behavior and employee termination data to estimate expected term, which represents the period of time that the options granted are expected to remain outstanding. The risk-free rate of return for the estimated term of the option is based on the U.S. Treasury yield curve in effect at the date of grant. The weighted-average inputs and risk-free rate of return ranges used to calculate the grant date fair value of options issued during the three month periods ended January 27, 2013 and January 29, 2012, are presented in the following table.

 
Three Months Ended
 
 
January 27,
2013
 
 
January 29,
2012
 
 
 
 
 
 
 
Volatility
 
 
100.1
%      
 
 
102.1
%      
 
 
 
 
 
 
 
 
Risk free rate of return
 
 
0.5% - 0.7%      
 
 
0.7
%      
 
 
 
 
 
 
 
 
Dividend yield
 
 
0.0
%      
 
 
0.0
%      
 
 
 
 
 
 
 
 
Expected term
 
4.3 years
 
 
4.3 years
 
 
Information on outstanding and exercisable option awards as of January 27, 2013, is presented below.
Information on outstanding and exercisable option awards
 
 
 
 
 
Options
 
 
 
 
Shares
 
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Life
 
 
Aggregate
Intrinsic
Value
 
 
 
 
 
 
 
 
 
 
Outstanding at January 27, 2013
 
 
4,419,989
 
 
$
8.06
 
6.3 years
 
$
5,159
 
  
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable at January 27, 2013
 
 
2,843,728
 
 
$
9.28
 
5.0 years
 
$
4,544