Stock-Based Compensation (Tables)

12 Months Ended

Oct. 31, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summarized Activity Related to Stock Options

The following table summarizes activity related to stock options during 2014:

	Number of Options			Weighted-Average Exercise Price Per Share		Aggregate Intrinsic Value		Weighted- Average Remaining Term
Outstanding at October 31, 2013		1,749		$	34.63
Granted		277		$	71.75
Exercised		(314	)	$	22.35
Forfeited or expired		(26	)	$	51.57
Outstanding at October 31, 2014		1,686		$	42.77	$	56,957		6.0 years
Vested at October 31, 2014 or expected to vest		1,673		$	42.58	$	56,841		6.0 years
Exercisable at October 31, 2014		955		$	30.86	$	43,626		4.6 years

Summarized Information on Currently Outstanding Options

Summarized information on currently outstanding options follows:

	Range of Exercise Price
	$14 — $28		$29 — $44		$45 — $73
Number outstanding		610		543		533
Weighted-average remaining contractual life, in years		3.5		6.4		8.6
Weighted-average exercise price	$	22.54	$	41.90	$	66.78
Number exercisable		578		318		59
Weighted-average exercise price	$	22.28	$	40.71	$	61.62

Fair Value Assumptions of Stock Options

The fair value of each option grant was estimated at the date of grant using the Black-Scholes option-pricing model with the following assumptions:

	2014	2013	2012
Expected volatility	40.1%-44.7%	45.3%-46.9%	45.4%-46.9%
Expected dividend yield	0.98%-1.03%	0.97%-1.01%	1.20%
Risk-free interest rate	1.51%-1.79%	0.75%-0.90%	1.03%-1.23%
Expected life of the option (in years)	5.4-6.1	5.4-6.1	5.4-6.1

Summarized Activity Related to Restricted Stock

The following table summarizes activity related to restricted shares during 2014:

	Number of Shares			Weighted-Average Grant Date Fair Value Per Share
Restricted at October 31, 2013		82		$	52.67
Granted		28		$	73.56
Vested		(39	)	$	48.13
Restricted at October 31, 2014		71		$	63.53

Summarized Activity Related to Restricted Stock Units

The following table summarizes activity related to restricted share units in 2014:

	Number of Units			Weighted-Average Grant Date Fair Value
Restricted share units at October 31, 2013		12		$	51.79
Granted		12		$	71.82
Vested		(19	)	$	62.07
Restricted share units at October 31, 2014		5		$	61.59

Summarized Activity Related to Director Deferred Compensation Shares

The following table summarizes activity related to director deferred compensation share equivalent units during 2014:

	Number of Shares			Weighted-Average Grant Date Fair Value Per Share
Outstanding at October 31, 2013		148		$	23.22
Restricted stock units vested		13		$	57.43
Dividend equivalents		1		$	76.49
Distributions		(52	)	$	19.20
Outstanding at October 31, 2014		110		$	29.74