v3.24.1.1.u2
Derivatives (Tables)
6 Months Ended
May 04, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value of Hedging Instruments The fair values of forward foreign currency derivative instruments designated as hedging instruments in the Company’s Condensed Consolidated Balance Sheets as of May 4, 2024 and October 28, 2023 were as follows:
Fair Value At
Balance Sheet LocationMay 4, 2024October 28, 2023
Forward foreign currency exchange contractsPrepaid expenses and other current assets$553 $471 
Forward foreign currency exchange contractsAccrued liabilities$5,498 $9,897 
The fair values of undesignated hedges in the Company’s Condensed Consolidated Balance Sheets as of May 4, 2024 and October 28, 2023 were as follows:
Fair Value At
Balance Sheet LocationMay 4, 2024October 28, 2023
Undesignated hedges related to forward foreign currency exchange contracts
Prepaid expenses and other current assets$1,294 $1,469 
Undesignated hedges related to forward foreign currency exchange contracts
Accrued liabilities$3,246 $3,618 
Schedule of Interest Rate Derivatives The gain or loss on the Company's interest rate swap transactions attributable to the hedged benchmark interest rate risk and the offsetting gain or loss on the related interest rate swaps were recorded as follows:
May 4, 2024
Balance Sheet LocationLoss on SwapsGain on Note
Accrued liabilities$60,408 $— 
Long-term debt
$— $60,408