v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
May 02, 2026
Nov. 01, 2025
Current assets:    
Cash and cash equivalents $ 1,045,126 $ 1,091,952
Short-term investments 157,708 216,148
Accounts receivable, net of allowance for credit losses of $11.0 million and $11.2 million as of May 2, 2026 and November 1, 2025, respectively 1,052,569 975,856
Inventories, net 808,447 826,235
Prepaid expenses and other 504,314 455,316
Total current assets 3,568,164 3,565,507
Long-term investments 200,106 57,142
Equipment, building, furniture and fixtures, net 445,082 386,779
Operating right-of-use assets 38,459 38,613
Goodwill 520,401 521,204
Other intangible assets, net 202,190 224,210
Deferred tax asset, net 873,979 884,889
Other long-term assets 191,068 186,323
Total assets 6,039,449 5,864,667
Current liabilities:    
Accounts payable 606,599 542,841
Accrued liabilities and other short-term obligations 439,626 531,081
Deferred revenue 238,380 208,936
Operating lease liabilities 12,396 13,956
Current portion of long-term debt 11,580 11,580
Total current liabilities 1,308,581 1,308,394
Long-term deferred revenue 102,107 94,850
Other long-term obligations 185,001 175,426
Long-term operating lease liabilities 31,996 32,516
Long-term debt, net 1,519,539 1,524,158
Total liabilities 3,147,224 3,135,344
Commitments and contingencies (Note 18)
Stockholders’ equity:    
Preferred stock – par value $0.01; 20,000,000 shares authorized; zero shares issued and outstanding 0 0
Common stock – par value $0.01; 290,000,000 shares authorized; 141,597,550 and 141,016,300 shares issued and outstanding 1,416 1,410
Additional paid-in capital 5,732,496 5,953,057
Accumulated other comprehensive loss (40,081) (55,035)
Accumulated deficit (2,801,606) (3,170,109)
Total stockholders’ equity 2,892,225 2,729,323
Total liabilities and stockholders’ equity $ 6,039,449 $ 5,864,667