Earnings Per Share

12 Months Ended

Oct. 31, 2024

Earnings Per Share [Abstract]

Earnings Per Share

Note 7. Earnings Per Share

Years Ended October 31,
(In millions, except for earnings per share)	2024		2023		2022
Net income	$	392.3	$	294.2	$	385.8
Basic:
Weighted-average common shares	198.9		197.9		197.4
Basic earnings per share	$	1.97	$	1.49	$	1.95
Diluted:
Weighted-average common shares	198.9		197.9		197.4
Effect of dilutive stock plans	1.5		1.4		1.4
Diluted weighted-average common shares	200.4		199.3		198.8
Diluted earnings per share	$	1.96	$	1.48	$	1.94

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)	2024	2023	2022
Stock option shares excluded	827	1,244	908
Exercise prices	$82.46 - $101.54	$75.03 - $101.54	$75.03 - $101.54
Restricted stock units excluded	3	60	348

Above tables have been adjusted to reflect the four-for-one stock split effected on February 16, 2024. Refer to Note 1. Organization and Significant Accounting Policies for further information