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Earnings Per Share (Tables)
9 Months Ended
Jul. 31, 2016
Earnings Per Share [Abstract]  
Elements used in computing both basic and diluted net earnings per share
Applied's net income has not been adjusted for any period presented for purposes of computing basic or diluted earnings per share due to the Company's non-complex capital structure.
 
 
Three Months Ended
 
Nine Months Ended
 
July 31,
2016
 
July 26,
2015
 
July 31,
2016
 
July 26,
2015
 
 
 
 
 
 
 
 
 
(In millions, except per share amounts)
Numerator:
 
 
 
 
 
 
 
Net income
$
505

 
$
329

 
$
1,111

 
$
1,041

Denominator:
 
 
 
 
 
 
 
Weighted average common shares outstanding
1,083

 
1,221

 
1,115

 
1,225

Effect of dilutive stock options, restricted stock units and employee stock purchase plan shares
10

 
10

 
8

 
13

Denominator for diluted earnings per share
1,093

 
1,231

 
1,123

 
1,238

Basic earnings per share
$
0.47

 
$
0.27

 
$
1.00

 
$
0.85

Diluted earnings per share
$
0.46

 
$
0.27

 
$
0.99

 
$
0.84

Potentially dilutive securities

 

 

 
1