Earnings Per Share

9 Months Ended

Jul. 31, 2024

Earnings Per Share [Abstract]

Earnings Per Share

Note 7. Earnings Per Share

Periods Ended July 31,	Three Months				Nine Months
(In millions, except per share amounts)	2024		2023		2024		2023
Net income	$	104.7	$	85.3	$	274.8	$	209.7
Basic:
Weighted-average common shares	199.1		198.1		198.8		197.8
Basic earnings per share	$	0.53	$	0.43	$	1.38	$	1.06
Diluted:
Weighted-average common shares	199.1		198.1		198.8		197.8
Effect of dilutive stock plans	1.5		1.5		1.5		1.4
Diluted weighted-average common shares	200.6		199.6		200.3		199.2
Diluted earnings per share	$	0.52	$	0.43	$	1.37	$	1.05

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 July 31,	Three Months		Nine Months
(In thousands, except exercise prices)	2024	2023	2024	2023
Stock option shares excluded	828	820	828	1,244
Exercise prices	$82.46 - $101.54	$82.46 - $101.54	$82.46 - $101.54	$75.03 - $101.54
Restricted stock units excluded	5	8	2	64