Earnings Per Share

6 Months Ended

Apr. 30, 2024

Earnings Per Share [Abstract]

Earnings Per Share

Note 7. Earnings Per Share

Periods Ended April 30,	Three Months				Six Months
(In millions, except per share amounts)	2024		2023		2024		2023
Net income	$	88.9	$	39.8	$	170.1	$	124.4
Basic:
Weighted-average common shares	198.9		197.9		198.6		197.7
Basic earnings per share	$	0.45	$	0.20	$	0.86	$	0.63
Diluted:
Weighted-average common shares	198.9		197.9		198.6		197.7
Effect of dilutive stock plans	1.6		1.3		1.6		1.2
Diluted weighted-average common shares	200.5		199.2		200.2		198.9
Diluted earnings per share	$	0.44	$	0.20	$	0.85	$	0.63

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:

Periods Ended April 30,	Three Months		Six Months
(In thousands, except exercise prices)	2024	2023	2024	2023
Stock option shares excluded	833	1,252	833	1,252
Exercise prices	$82.46 - $101.54	$75.03 - $101.54	$82.46 - $101.54	$75.03 - $101.54
Restricted stock units excluded	3	248	22	268