Balance Sheet and Statement of Operations Components
 3 Months Ended
Jan. 31, 2017
Notes to Financial Statements [Abstract]  
Balance Sheet and Statement of Income Details
 Balance Sheet and Statement of Operations Components

Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents and restricted cash shown in the Consolidated Statements of Cash Flows (in thousands):
 
January 31, 2017
 
October 31, 2016
Cash and cash equivalents
$
146,995

 
$
148,352

Restricted cash included in Prepaid expenses and other current assets
9,360

 
9,008

Restricted cash included in Other long-term assets
1,696

 
1,821

Cash, cash equivalents and restricted cash
$
158,051

 
$
159,181



Restricted cash as of January 31, 2017 and October 31, 2016 was mainly comprised of pledged deposits.

Inventories

Inventories consisted of the following (in thousands):
 
January 31, 2017
 
October 31, 2016
Raw materials
$
36,581

 
$
35,453

Work-in-process
1,360

 
3,884

Finished goods
117,972

 
135,894

Total inventories
$
155,913

 
$
175,231



Accruals and Other Current Liabilities

Accruals and other current liabilities consisted of the following (in thousands):
 
January 31, 2017
 
October 31, 2016
Accrued expenses
$
73,253

 
$
76,187

Accrued compensation
52,528

 
52,555

Other current liabilities
80,961

 
84,669

Total accruals and other current liabilities
$
206,742

 
$
213,411



Other current liabilities were comprised primarily of sales and value-added taxes payable, accrued warranty, accrued restructuring expenses and customer deposits.

Accrued Warranty

Activity related to accrued warranty consisted of the following (in thousands):
 
Three Months Ended January 31,
 
2017
 
2016
Balance at beginning of period
$
16,656

 
$
16,320

Warranty charged to Cost of net revenues
3,349

 
3,026

Utilization of warranty accrual
(3,146
)
 
(3,937
)
Balance at end of period
16,859

 
15,409

Less: current portion
(14,095
)
 
(12,313
)
Long-term portion
$
2,764

 
$
3,096



Accrued Restructuring Expenses

Activity related to accrued restructuring expenses consisted of the following (in thousands):
 
Restructuring Plans
 
 
 
June 2014 Plan
 
July 2015 Plan
 
June 2016 Plan
 
 
 
Employee
Involuntary Termination Benefits
 
Facilities
Related
Costs
 
Employee
Involuntary Termination Benefits
 
Employee Involuntary Termination Benefits
 
Facilities Related Costs
 
Total
Balance at October 31, 2016
$
997

 
$
—

 
$
703

 
$
5,225

 
$
2,807

 
$
9,732

Charges, net of adjustments
(24
)
 
—

 
190

 
2,232

 
10

 
2,408

Cash payments
(15
)
 
—

 
(171
)
 
(2,455
)
 
(10
)
 
(2,651
)
Balance at January 31, 2017
$
958

 
$
—

 
$
722

 
$
5,002

 
$
2,807

 
$
9,489

Cumulative costs to date
$
12,748

 
$
853

 
$
6,812

 
$
14,139

 
$
3,440

 


 
 
 
 
 
 
 
 
 
 
 




Deferred Revenue, Net

Deferred revenue, net of related costs consisted of the following (in thousands):
 
January 31, 2017
 
October 31, 2016
Deferred revenue
$
192,587

 
$
185,788

Deferred cost of revenue
(14,833
)
 
(14,475
)
Deferred revenue, net
177,754

 
171,313

Less: current portion
(107,906
)
 
(104,797
)
Long-term portion
$
69,848

 
$
66,516



Stock-Based Compensation Expense

The following table presents the stock-based compensation expense recognized in our Condensed Consolidated Statements of Operations (in thousands):
 
Three Months Ended January 31,
 
2017
 
2016
Cost of net revenues
$
930

 
$
812

Research and development
1,568

 
1,908

Sales and marketing
2,587

 
3,259

General and administrative
4,468

 
4,481

Total stock-based compensation expense
$
9,553

 
$
10,460



Accumulated Other Comprehensive Loss

Activity related to Accumulated other comprehensive loss consisted of the following (in thousands):
 
 
Foreign currency translation adjustments
 
Unrealized gain (loss) on derivatives designated as cash flow hedges (1)
 
Adjustment of pension plan obligations (2)
 
Total
Balance at October 31, 2016
 
$
(333,280
)
 
$
(2,419
)
 
$
(5,295
)
 
$
(340,994
)
Gains (losses) before reclassifications
 
(1,890
)
 
3,859

 
—

 
1,969

Amounts reclassified from Accumulated other comprehensive loss
 
—

 
678

 
26

 
704

Tax effect
 
(212
)
 
(1,722
)
 
—

 
(1,934
)
Other comprehensive gain (loss)
 
(2,102
)
 
2,815

 
26

 
739

Balance at January 31, 2017
 
$
(335,382
)
 
$
396

 
$
(5,269
)
 
$
(340,255
)

(1) Amounts reclassified from Accumulated other comprehensive loss were recorded in Interest expense, net in the Consolidated Statements of Operations.
(2) Amounts reclassified from Accumulated other comprehensive loss, net of tax, were recorded in General and administrative expenses in the Consolidated Statements of Operations. The related tax impacts were insignificant.