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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
May 04, 2025
Apr. 28, 2024
Cash flows from operating activities:    
Net income $ 82,474 $ 95,454
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 40,386 41,487
Share-based compensation 6,710 6,499
Changes in assets and liabilities:    
Accounts receivable 4,293 (2,415)
Inventories (4,694) (4,407)
Other current assets (6,932) (4,340)
Accounts payable, accrued liabilities, and other (12,318) (14,284)
Net cash provided by operating activities 109,919 117,994
Cash flows from investing activities:    
Purchases of property, plant and equipment (95,749) (63,311)
Purchases of short-term investments (27,689) (66,040)
Proceeds from maturities of short-term investments 41,482 13,234
Government incentives 1,166 1,419
Other (57) (6)
Net cash used in investing activities (80,847) (114,704)
Cash flows from financing activities:    
Repayments of debt (17,966) (2,844)
Common stock repurchases (76,682) 0
Proceeds from share-based arrangements 1,583 1,055
Net settlements of restricted stock awards (2,007) (2,938)
Net cash used in financing activities (95,072) (4,727)
Effects of exchange rate changes on cash, cash equivalents, and restricted cash (1,697) (3,839)
Net decrease in cash, cash equivalents, and restricted cash (67,697) (5,276)
Cash, cash equivalents, and restricted cash at beginning of period 601,243 501,867
Cash, cash equivalents, and restricted cash at end of period 533,546 496,591
Less: Ending restricted cash 2,838 [1] 2,686
Cash and cash equivalents at end of period 530,708 493,905
Supplemental disclosure of non-cash information:    
Accruals for property, plant and equipment purchased not yet paid $ 13,657 $ 7,871
[1] Restricted cash is included in other assets and primarily relates to land lease agreements and customs requirements.