v3.22.2.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jul. 30, 2022
Jul. 31, 2021
Jul. 30, 2022
Jul. 31, 2021
Revenue:        
Total revenue $ 867,981 $ 988,141 $ 2,661,651 $ 2,579,198
Cost of goods sold:        
Total cost of goods sold 527,202 513,591 1,534,904 1,334,338
Gross profit 340,779 474,550 1,126,747 1,244,860
Operating expenses:        
Research and development 150,025 146,225 457,758 389,212
Selling and marketing 105,880 114,924 344,700 322,589
General and administrative 41,121 48,863 131,191 132,491
Significant asset impairments and restructuring costs 7,692 9,789 20,203 23,865
Amortization of intangible assets 8,919 5,967 26,757 17,896
Acquisition and integration costs 35 259 598 860
Total operating expenses 313,672 326,027 981,207 886,913
Income from operations 27,107 148,523 145,540 357,947
Interest and other income (loss), net 366 795 4,860 (1,600)
Interest expense (12,642) (7,776) (33,275) (22,921)
Income before income taxes 14,831 141,542 117,125 333,426
Provision (benefit) for income taxes 4,319 (96,690) 21,868 (63,271)
Net income $ 10,512 $ 238,232 $ 95,257 $ 396,697
Basic net income per common share (in dollars per share) $ 0.07 $ 1.53 $ 0.63 $ 2.55
Diluted net income per potential common share (in dollars per share) $ 0.07 $ 1.52 $ 0.62 $ 2.53
Weighted average basic common shares outstanding (in shares) 149,862 155,271 152,083 155,277
Weighted average dilutive potential common shares outstanding (in shares) 150,463 156,744 153,209 156,742
Products        
Revenue:        
Total revenue $ 684,284 $ 804,414 $ 2,109,239 $ 2,071,677
Cost of goods sold:        
Total cost of goods sold 434,756 420,236 1,259,378 1,074,935
Services        
Revenue:        
Total revenue 183,697 183,727 552,412 507,521
Cost of goods sold:        
Total cost of goods sold $ 92,446 $ 93,355 $ 275,526 $ 259,403