XML 26 R8.htm IDEA: XBRL DOCUMENT v3.25.3
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Nov. 01, 2025
Nov. 02, 2024
Oct. 28, 2023
Cash flows provided by operating activities:      
Net income $ 123,338 $ 83,956 $ 254,827
Adjustments to reconcile net income to net cash provided by operating activities:      
Loss on extinguishment of debt 0 0 1,864
Depreciation of equipment, building, furniture and fixtures, and amortization of leasehold improvements 104,133 92,846 92,564
Impairment of intangible assets, finite-lived 89,100 0 0
Share-based compensation costs 184,525 156,404 130,455
Amortization of intangible assets 36,205 40,624 49,616
Deferred taxes (23,173) (76,810) (14,852)
Provision for inventory excess and obsolescence 48,424 77,341 29,464
Provision for warranty 24,442 25,643 31,742
Gain on equity investments, net 0 0 (26,368)
Other (736) 11,768 15,771
Changes in assets and liabilities:      
Accounts receivable (98,743) 80,313 (94,565)
Inventories (53,602) 153,021 (132,497)
Prepaid expenses and other 86,204 (198,910) (51,965)
Operating lease right-of-use assets 11,613 11,837 14,190
Accounts payable, accruals and other obligations 226,486 64,255 (138,469)
Deferred revenue 63,760 9,884 27,412
Short and long-term operating lease liabilities (15,883) (17,640) (20,857)
Net cash provided by operating activities 806,093 514,532 168,332
Cash flows used in investing activities:      
Payments for equipment, furniture, fixtures and intellectual property (140,801) (136,641) (106,197)
Purchases of investments (214,162) (287,536) (252,329)
Proceeds from sales and maturities of investments 348,579 140,836 208,104
Purchase of equity investment 0 (21,682) 0
Settlement of foreign currency forward contracts, net (4,015) (1,454) (2,984)
Acquisition of businesses, net of cash acquired (231,100) 0 (230,048)
Net cash used in investing activities (241,499) (306,477) (383,454)
Cash flows provided by (used in) financing activities:      
Proceeds from issuance of term loan, net 0 0 497,500
Payment of long-term debt (11,580) (11,700) (9,430)
Proceeds from modification of debt, net 19,175 0 830
Cash paid for extinguishment of debt (19,175) 0 0
Payment of debt issuance costs (12) (2,554) (6,379)
Payment of finance lease obligations (4,380) (4,029) (3,791)
Shares repurchased for tax withholdings on vesting of stock unit awards (91,315) (46,567) (38,506)
Repurchases of common stock - repurchase program, net (334,507) (254,502) (242,201)
Proceeds from issuance of common stock 35,876 34,291 31,357
Net cash provided by (used in) financing activities (405,918) (285,061) 229,380
Effect of exchange rate changes on cash, cash equivalents and restricted cash (1,505) 1,246 2,150
Net increase (decrease) in cash, cash equivalents and restricted cash 157,171 (75,760) 16,408
Cash, cash equivalents and restricted cash at beginning of fiscal year 935,026 1,010,786 994,378
Cash, cash equivalents and restricted cash at end of fiscal year 1,092,197 935,026 1,010,786
Supplemental disclosure of cash flow information      
Cash paid during the fiscal year for interest, net 85,217 92,515 84,465
Cash paid during the fiscal year for income taxes, net 113,608 54,956 78,242
Operating lease payments 17,840 19,452 22,782
Non-cash investing and financing activities      
Purchase of equipment in accounts payable 17,449 14,682 6,990
Repurchase of common stock in accrued liabilities from repurchase program, net 2,579 6,172 9,310
Operating lease right-of-use assets subject to lease liability 23,586 6,912 10,236
Gain on equity investment, net $ 0 $ 0 $ 26,368