Stock-Based Compensation Plans (Tables)

12 Months Ended

Oct. 31, 2020

Summary of stock-based compensation expense recognized by plan

(in thousands)		2020		2019		2018
Omnibus Incentive Plans:
Restricted stock	$	209,217	$	57,821	$	52,312
Stock options		23,234		21,949		23,531
Deferred stock units		1,745		915		1,008
Employee Stock Purchase Plans		525		355		793
Employee Stock Purchase Incentive Plan		1,096		512		877
Atlanta Capital Plan		1,604		2,280		2,969
Atlanta Capital Phantom Incentive Plan		1,810		1,087		567
Parametric Plan		-		3,461		3,177
Parametric Phantom Incentive Plan		55		3,533		2,821
Total stock-based compensation expense	$	239,286	$	91,913	$	88,055

Summary of restricted share activity

		Weighted-
		Average
		Grant Date
(share amounts in thousands)	Shares	Fair Value
Unvested, beginning of period	5,377	$	42.72
Granted	1,694		46.36
Vested	(6,957)		43.57
Forfeited	(114)		44.59
Unvested, end of period	-	$	-

Assumptions used to determine the weighted average grant date fair value of options granted

		2020		2019		2018
Weighted-average grant date fair value
of options granted	$	7.41	$	9.07	$	10.55
Assumptions:
Dividend yield		3.1% to 4.60%		3.1% to 3.50%		2.4%
Expected volatility		23% to 24%		24% to 31%		24%
Risk-free interest rate		0.50% to 1.60%		2.60% to 3.10%		2.30% to 2.80%
Expected life of options		7.2 years		7.2 years		7.2 years

Summary of stock option activity

(share and intrinsic value amounts in thousands)	Shares	Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Term (in years)	Aggregate Intrinsic Value
Options outstanding, beginning of period	17,599	$	37.22
Granted	2,888		46.21
Exercised	(3,390)		31.78
Forfeited/expired	(25)		40.78
Options outstanding, end of period	17,072	$	39.81	5.8	$	341,062
Options exercisable, end of period	8,190	$	35.68	4.0	$	197,436

Deferred Stock Units [Member] | Atlanta Capital Phantom Incentive Plans [Member]

Summary of restricted share activity

		Weighted-
	Phantom	Average
	Incentive	Grant Date
	Units	Fair Value
Unvested, beginning of period	37,470	$	137.52
Granted	23,938		150.42
Vested	(4,941)		138.68
Unvested, end of period	56,467	$	142.89

Deferred Stock Units [Member] | Parametric Phantom Incentive Plan 2016 [Member]

Summary of restricted share activity

		Weighted-
		Average
	Phantom	Grant Date
	Incentive	Fair Value
	Units	Per Unit
Unvested, beginning of period	75	$	2,091.93
Vested	(15)		2,062.75
Forfeited	(5)		2,208.66
Unvested, end of period	55	$	2,089.28

Deferred Stock Units [Member] | Parametric Phantom Incentive Plan 2018 [Member]

Summary of restricted share activity

		Weighted-
		Average
	Phantom	Grant Date
	Incentive	Fair Value
	Units	Per Unit
Unvested, beginning of period	5,897	$	22.82
Vested	(591)		22.81
Forfeited	(638)		22.80
Unvested, end of period	4,668	$	22.82