Discontinued Operations (Tables)

12 Months Ended

Oct. 31, 2024

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Discontinued Operations

The following table presents the major components of financial results of our Software Integrity business for the periods presented:

	Year Ended October 31,
	2024		2023		2022
	(in thousands)
Revenue	$	468,720	$	524,605	$	465,828
Cost of revenue	153,081		191,350		165,684
Operating expenses	265,029		337,235		286,820
Interest and other income (expense), net	2,003		292		(1,262)
Income (loss) from discontinued operations	52,613		(3,688)		12,062
Gain on Software Integrity Divestiture	868,830		—		—
Income (loss) from discontinued operations before income taxes	921,443		(3,688)		12,062
Income tax provision (benefit)	99,773		(6,531)		(2,307)
Income from discontinued operations, net of income taxes	$	821,670	$	2,843	$	14,369

The following table represents the aggregated carrying amounts of classes of assets and liabilities that are classified as discontinued operations in the consolidated balance sheets for the periods presented:

	As of October 31, 2023
	(in thousands)
Assets:
Cash and cash equivalents	$	4,947
Accounts receivable, net	90,307
Prepaid and other current assets	19,400
Total current assets of discontinued operations	$	114,654
Property and equipment, net	$	7,424
Operating lease right-of use assets, net	8,906
Goodwill	724,271
Intangible assets, net	134,617
Deferred income taxes	7,388
Other long-term assets	26,153
Total long-term assets of discontinued operations	$	908,759
Liabilities:
Accounts payable and accrued liabilities	$	63,847
Operating lease liabilities	5,858
Deferred revenue	216,539
Total current liabilities of discontinued operations	$	286,244
Long-term operating lease liabilities	$	4,349
Long-term deferred revenue	24,301
Other long-term liabilities	4,607
Total long-term liabilities of discontinued operations	$	33,257

The following table presents significant non-cash items and capital expenditures of discontinued operations for the periods presented:

	Year Ended October 31,
	2024		2023		2022
	( in thousands)
Amortization and depreciation	$	16,317	$	51,971	$	44,173
Reduction of operating lease right-of-use assets	$	2,162	$	5,120	$	4,898
Amortization of capitalized costs to obtain revenue contracts	$	25,051	$	30,071	$	23,090
Stock-based compensation	$	34,381	$	50,198	$	37,280
Deferred income taxes	$	(31,679)	$	(3,136)	$	(599)
Purchases of property and equipment	$	1,487	$	3,232	$	3,610