Earnings Per Share

12 Months Ended

Oct. 31, 2022

Earnings Per Share [Abstract]

Earnings Per Share

Note 7. Earnings Per Share

Years Ended October 31,
(In millions, except for earnings per share)	2022		2021		2020
Net income	$	385.8	$	2,944.7	$	238.4
Basic:
Weighted average common shares	49.3		49.2		49.1
Basic earnings per share	$	7.83	$	59.80	$	4.85
Diluted:
Weighted average common shares	49.3		49.2		49.1
Effect of dilutive stock plans	0.4		0.6		0.5
Diluted weighted average common shares	49.7		49.8		49.6
Diluted earnings per share	$	7.76	$	59.16	$	4.81

The following table sets forth stock options to purchase our common stock and restricted stock units that were not included in the diluted earnings per share calculation because their effect would have been antidilutive for the periods presented:

Years Ended October 31,
(In thousands, except exercise prices)	2022	2021		2020
Stock option shares excluded	227	107		207
Exercise prices	$300.12 - $406.17	$	345.74	$	304.54
Restricted stock units excluded	87	2		1