Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.20.4
Leases (Tables)
12 Months Ended
Nov. 01, 2020
Leases [Abstract]  
Schedule of Components of Lease Expense
The components of lease expense were as follows (in thousands): Year Ended
November 1, 2020
Operating lease expense $ 10,990 
Sublease income (1,577)
Variable lease expense 760 
Total (1) (2)
$ 10,173 
(1) Approximately $0.3 million of lease expense is included in restructuring.
(2) The Company has minimal short-term lease expense.
Schedule of Weighted-Average Information
Weighted average remaining lease terms and discount rates were as follows: Year Ended
November 1, 2020
Weighted average remaining lease term (years) 7.97
Weighted average discount rate 6.3  %
Schedule of Operating Lease Maturities under Topic 842
Maturities of operating lease liabilities as of November 1, 2020 were as follows (in thousands):
Fiscal Year: Amount
2021 $ 9,638 
2022 8,073 
2023 6,936 
2024 5,610 
2025 5,255 
Thereafter 22,895 
Total future lease payments $ 58,407 
Less: Imputed interest 13,031 
Total operating lease liabilities $ 45,376 
Schedule of Operating Lease Maturities under Topic 840
Maturities of operating leases accounted for under ASC 840 as of fiscal year-end 2019 were as follows (in thousands):
Fiscal Year: Amount
2020 $ 11,782 
2021 9,287 
2022 7,457 
2023 6,328 
2024 5,486 
Thereafter 28,422 
Total future lease payments $ 68,762