Financial Assets and Liabilities (Tables)

12 Months Ended

Oct. 31, 2020

Financial Assets And Liabilities [Abstract]

Summary of Cash Equivalents and Non-Marketable Equities

As of October 31, 2020, the balances of the Company's cash equivalents and non-marketable equity securities investments were:

	Cost		Gross Unrealized Gains		Gross Unrealized Losses Less Than 12 Continuous Months		Gross Unrealized Losses 12 Continuous Months or Longer		Estimated Fair Value(1)
	(in thousands)
Cash equivalents:
Money market funds	$	304,127	$	—	$	—	$	—	$	304,127
Total:	$	304,127	$	—	$	—	$	—	$	304,127
Other long-term assets:
Non-marketable equity securities	$	13,200	$	—	$	—	$	—	$	13,200
Total:	$	13,200	$	—	$	—	$	—	$	13,200

⁽¹⁾  See Note 7. Fair Value Measures for further discussion on fair values of cash equivalents.

As of October 31, 2019, the balances of our cash equivalents and non-marketable equity securities investments were:

	Cost		Gross Unrealized Gains		Gross Unrealized Losses Less Than 12 Continuous Months		Gross Unrealized Losses 12 Continuous Months or Longer		Estimated Fair Value(1)
	(in thousands)
Cash equivalents:
Money market funds	$	166,024	$	—	$	—	$	—	$	166,024
Total:	$	166,024	$	—	$	—	$	—	$	166,024
Other long-term assets:
Non-marketable equity securities	$	10,951	$	—	$	—	$	—	$	10,951
Total:	$	10,951	$	—	$	—	$	—	$	10,951

⁽¹⁾ 

See Note 7. Fair Value Measures for further discussion on fair values of cash equivalents.

Schedule of Cash, Cash Equivalents And Restricted Cash

The following table provides a reconciliation of cash, cash equivalents and restricted cash included in the consolidated balance sheets:

	October 31,
	2020		2019
	(in thousands)
Cash and cash equivalents	$	1,235,653	$	728,597
Restricted cash included in Prepaid expenses and other current assets	1,523		1,174
Restricted cash included in Other long-term assets	794		756
Total cash, cash equivalents and restricted cash	$	1,237,970	$	730,527

Effects on Changes in Fair Values of Non-Designated Forward Contracts

The effects of non-designated derivative instruments on the Company’s consolidated statements of operations for fiscal years 2020, 2019, and 2018 are summarized as follows: 

	October 31,
	2020		2019		2018
	(in thousands)
Gain (loss) recorded in other income (expense), net	$	1,957	$	4,538	$	3,361

Notional Amounts of Derivative Instruments

The notional amounts in the table below for derivative instruments provide one measure of the transaction volume outstanding:

	October 31,
	2020		2019
	(in thousands)
Total gross notional amount	$	981,234	$	817,441
Net fair value	$	6,940	$	3,494

Fair Values of Derivative Instrument Designated and Non-Designated as Hedging Instruments in Balance Sheet

The following table represents the consolidated balance sheets location and amount of derivative instrument fair values segregated between designated and non-designated hedge instruments: 

	Fair values of derivative instruments designated as hedging instruments		Fair values of derivative instruments not designated as hedging instruments
	(in thousands)
Balance at October 31, 2020
Other current assets	$	9,182	$	138
Accrued liabilities	$	2,088	$	292
Balance at October 31, 2019
Other current assets	$	7,327	$	53
Accrued liabilities	$	3,715	$	171

Income Statement Location and Amount of Gains and Losses on Derivative Instrument Fair Values for Designated Hedge Instruments, Net of Tax

The following table represents, for designated hedge instruments, net of tax, the respective locations in the consolidated statements of operations and the amount of gains and losses on derivative instrument fair values:

	Location of gain (loss) recognized in OCI on derivatives	Amount of gain (loss) recognized in  OCI on derivatives (effective portion)			Location of gain (loss) reclassified  from OCI	Amount of gain (loss) reclassified  from OCI (effective  portion)
	(in thousands)
Fiscal year ended October 31, 2020
Foreign exchange contracts	Revenue	$	3,034		Revenue	$	530
Foreign exchange contracts	Operating expenses	4,800			Operating expenses	(603		)
Total		$	7,834			$	(73	)
Fiscal year ended October 31, 2019
Foreign exchange contracts	Revenue	$	278		Revenue	$	1,436
Foreign exchange contracts	Operating expenses	4,455			Operating expenses	(16,073		)
Total		$	4,733			$	(14,637	)
Fiscal year ended October 31, 2018
Foreign exchange contracts	Revenue	$	693		Revenue	$	1,103
Foreign exchange contracts	Operating expenses	(18,121		)	Operating expenses	9,785
Total		$	(17,428	)		$	10,888

Schedule of Maturities of Long-term Debt

Outstanding principal payments under the Term Loan are due as follows:

Fiscal year	(in thousands)
2021	$	27,187
2022	75,000
Total	$	102,187