|
Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
|
3 Months Ended |
9 Months Ended |
|
Aug. 04, 2012
|
Jul. 30, 2011
|
Aug. 04, 2012
|
Jul. 30, 2011
|
| Income Statement [Abstract] |
|
|
|
|
|
|
|
|
| Revenue |
$ 683,026 |
|
$ 757,902 |
|
$ 2,006,178 |
|
$ 2,277,186 |
|
| Cost of sales |
235,152 |
[1] |
248,262 |
[1] |
708,459 |
[1] |
751,159 |
[1] |
| Gross margin |
447,874 |
|
509,640 |
|
1,297,719 |
|
1,526,027 |
|
| Operating expenses: |
|
|
|
|
|
|
|
|
| Research and development |
129,694 |
[1] |
128,476 |
[1] |
381,609 |
[1] |
381,681 |
[1] |
| Selling, marketing, general and administrative |
99,873 |
[1] |
102,323 |
[1] |
298,910 |
[1] |
307,613 |
[1] |
| Special charge |
5,836 |
|
0 |
|
8,431 |
|
0 |
|
| Total operating expenses |
235,403 |
|
230,799 |
|
688,950 |
|
689,294 |
|
| Operating income from continuing operations |
212,471 |
|
278,841 |
|
608,769 |
|
836,733 |
|
| Nonoperating (income) expense: |
|
|
|
|
|
|
|
|
| Interest expense |
6,459 |
|
6,159 |
|
20,031 |
|
13,067 |
|
| Interest income |
(3,506) |
|
(2,395) |
|
(10,821) |
|
(6,877) |
|
| Other, net |
49 |
|
206 |
|
(1,450) |
|
96 |
|
| Total nonoperating (income) expense |
3,002 |
|
3,970 |
|
7,760 |
|
6,286 |
|
| Income from continuing operations before income taxes |
209,469 |
|
274,871 |
|
601,009 |
|
830,447 |
|
| Provision for income taxes |
39,701 |
|
54,936 |
|
128,960 |
|
153,080 |
|
| Income from continuing operations, net of tax |
|
|
|
|
472,049 |
|
677,367 |
|
| Gain on sale of discontinued operations, net of tax |
|
|
|
|
0 |
|
6,500 |
|
| Net income |
169,768 |
|
219,935 |
|
472,049 |
|
683,867 |
|
| Shares used to compute earnings per share - basic (in shares) |
298,445 |
|
299,616 |
|
298,121 |
|
299,586 |
|
| Shares used to compute earnings per share - diluted (in shares) |
305,359 |
|
308,744 |
|
305,604 |
|
309,070 |
|
| Basic earnings per share from continuing operations (in dollars per share) |
|
|
|
|
$ 1.58 |
|
$ 2.26 |
|
| Basic earnings per share (in dollars per share) |
$ 0.57 |
|
$ 0.73 |
|
$ 1.58 |
|
$ 2.28 |
|
| Diluted earnings per share from continuing operations (in dollars per share) |
|
|
|
|
$ 1.54 |
|
$ 2.19 |
|
| Diluted earnings per share (in dollars per share) |
$ 0.56 |
|
$ 0.71 |
|
$ 1.54 |
|
$ 2.21 |
|
| Dividends declared and paid per share (in dollars per share) |
$ 0.30 |
|
$ 0.25 |
|
$ 0.85 |
|
$ 0.69 |
|
|
Cost of sales [Member]
|
|
|
|
|
|
|
|
|
| Includes stock-based compensation expense as follows: |
|
|
|
|
|
|
|
|
| Stock-based compensation expense |
1,871 |
|
1,811 |
|
5,349 |
|
5,459 |
|
|
Research and development [Member]
|
|
|
|
|
|
|
|
|
| Includes stock-based compensation expense as follows: |
|
|
|
|
|
|
|
|
| Stock-based compensation expense |
5,999 |
|
5,877 |
|
17,046 |
|
17,256 |
|
|
Selling, marketing, general and administrative [Member]
|
|
|
|
|
|
|
|
|
| Includes stock-based compensation expense as follows: |
|
|
|
|
|
|
|
|
| Stock-based compensation expense |
$ 5,921 |
|
$ 5,622 |
|
$ 16,828 |
|
$ 16,091 |
|
|
|
|