Annual report pursuant to Section 13 and 15(d)

Summary of Business and Significant Accounting Policies (Tables)

v3.20.4
Summary of Business and Significant Accounting Policies (Tables)
12 Months Ended
Nov. 01, 2020
Accounting Policies [Abstract]  
Schedule of Major Classifications and Expected Useful Lives of Property, Equipment and Software
The major classifications of property, equipment and software, including their respective expected useful lives, consisted of the following:
Buildings
25 to 32 years
Machinery and Equipment
3 to 15 years
Leasehold improvements Shorter of length of lease or life of the asset
Software
3 to 7 years
Property, equipment and software consisted of (in thousands):
November 1,
2020
November 3,
2019
Land and buildings $ —  $ 375 
Machinery and equipment 29,832  30,215 
Leasehold improvements 2,543  3,398 
Less: Accumulated depreciation and amortization (27,417) (29,757)
Property and equipment 4,958  4,231 
Software 104,002  101,903 
Less: Accumulated amortization (86,793) (80,244)
Property, equipment and software, net $ 22,167  $ 25,890