v3.22.2.2
PREPAID EXPENSES AND OTHER
9 Months Ended
Jul. 30, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
PREPAID EXPENSES AND OTHER PREPAID EXPENSES AND OTHER
As of the dates indicated, prepaid expenses and other are comprised of the following (in thousands):
July 30,
2022
October 30,
2021
Contract assets for unbilled accounts receivable, net$157,448 $101,355 
Prepaid VAT and other taxes71,140 77,388 
Prepaid expenses64,498 62,189 
Product demonstration equipment, net35,722 29,362 
Capitalized contract acquisition costs30,425 21,753 
Other non-trade receivables14,878 18,408 
Derivative assets3,024 14,935 
Deferred deployment expense574 264 
 $377,709 $325,654 

Depreciation of product demonstration equipment was $6.8 million during the first nine months of fiscal 2022 and $7.6 million during the first nine months of fiscal 2021.

For further discussion on contract assets and capitalized contract acquisition costs, see Note 3 above.