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STOCK-BASED COMPENSATION (Tables)
9 Months Ended
Jul. 28, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of reconciliation of the number of options outstanding and exercisable
A reconciliation of the number of options outstanding and exercisable (in thousands) as of July 28, 2019, and changes during the nine months then ended, is as follows:
 
Shares
 
Weighted-
Average
Exercise Price
 
Weighted-
Average
Remaining
Contractual
Term (Years)
 
Aggregate
Intrinsic Value
Outstanding at October 28, 2018
29,536

 
$
23.55

 
 
 
 
Granted
1,809

 
44.37

 
 
 
 
Exercised
3,790

 
12.70

 
 
 
 
Forfeited
660

 
36.37

 
 
 
 
Expired
5

 
35.87

 
 
 
 
Outstanding at July 28, 2019
26,890

 
26.16

 
5.3
 
$
414,544

Exercisable at July 28, 2019
18,763

 
$
21.09

 
4.0
 
$
380,708


Schedule of weighted-average grant date fair value of stock options granted and the total intrinsic value of options exercised
The weighted-average grant date fair value of stock options granted and the total intrinsic value of options exercised (in thousands) during the third quarter and first nine months of fiscal years 2019 and 2018, are as follows. There were no stock options granted during the third quarter of fiscal year 2019.
 
Three Months Ended
 
Nine Months Ended
 
July 28,
2019
 
July 29,
2018
 
July 28,
2019
 
July 29,
2018
Weighted-average grant date fair value
$

 
$
7.33

 
$
9.24

 
$
7.16

Intrinsic value of exercised options
$
7,308

 
$
25,136

 
$
115,094

 
$
96,950


Schedule of weighted-average assumptions used to calculate fair value of each option award
The fair value of each option award is calculated on the date of grant using the Black-Scholes valuation model utilizing the following weighted-average assumptions:
0.029
Three Months Ended
 
Nine Months Ended
 
July 28,
2019
 
July 29,
2018
 
July 28,
2019
 
July 29,
2018
Risk-free interest rate

 
2.9
%
 
2.8
%
 
2.7
%
Dividend yield

 
2.1
%
 
1.9
%
 
2.1
%
Stock price volatility

 
19.0
%
 
19.0
%
 
19.0
%
Expected option life

 
8 years

 
8 years

 
8 years


Schedule of reconciliation of the nonvested shares A reconciliation of the restricted shares (in thousands) as of July 28, 2019, and changes during the nine months then ended, is as follows:
 
Shares
 
Weighted-
Average Grant
Date Fair Value
Restricted at October 28, 2018
52

 
$
34.08

Granted
51

 
42.23

Vested
52

 
34.08

Restricted at July 28, 2019
51

 
$
42.23


Schedule of the weighted-average grant date fair value of nonvested shares granted, the total fair value of nonvested shares granted, and the fair value of shares that have vested
The weighted-average grant date fair value of restricted shares granted, the total fair value (in thousands) of restricted shares granted, and the fair value (in thousands) of shares that have vested during the first nine months of fiscal years 2019 and 2018, are as follows:
 
Nine Months Ended
 
July 28,
2019
 
July 29,
2018
Weighted-average grant date fair value
$
42.23

 
$
34.08

Fair value of restricted shares granted
2,134

 
1,760

Fair value of shares vested
1,760

 
2,053