Earnings Per Share (Tables)

9 Months Ended

Jul. 31, 2022

Schedule of Earnings Per Share, Basic and Diluted

Basic and diluted earnings per share for the three and nine months ended July 31, 2022 and 2021 were calculated as follows (in thousands, except per share data):


	Net Income		Weighted Average Shares	Per Share
Three Months Ended July 31, 2022
Basic earnings per common share	$	25,908	32,999	$	0.79
Effect of dilutive securities:
Stock options	—		34	—
Restricted stock awards	—		99	—

Performance restricted stock units	—		41	—
Diluted earnings per common share	$	25,908	33,173	$	0.78
Three Months Ended July 31, 2021
Basic earnings per common share	$	13,679	33,359	$	0.41
Effect of dilutive securities:
Stock options	—		59	—
Restricted stock awards	—		140	—

Performance restricted stock units	—		92	—
Diluted earnings per common share	$	13,679	33,650	$	0.41
Nine Months Ended July 31, 2022
Basic earnings per common share	$	63,669	33,093	$	1.92
Effect of dilutive securities:
Stock options	—		27	—
Restricted stock awards	—		95	—

Performance restricted stock units	—		41	—
Diluted earnings per common share	$	63,669	33,256	$	1.91
Nine Months Ended July 31, 2021
Basic earnings per common share	$	36,082	33,194	$	1.09
Effect of dilutive securities:
Stock options	—		103	—
Restricted stock awards	—		129	—

Performance restricted stock units	—		92	—
Diluted earnings per common share	$	36,082	33,518	$	1.08