Net Income Per Common Share (Tables)

6 Months Ended

Apr. 30, 2013

Calculation of Basic and Diluted Net Income Per Common Share

The calculations of basic and diluted net income per common share are as follows:

	Three Months Ended April 30,					Six Months Ended April 30,
(in thousands, except per share amounts)	2013		2012			2013		2012
Income from continuing operations	$	19,274	$	11,747		$	32,656	$	22,387
Loss from discontinued operations, net of taxes		—		(35	)		—		(45	)
Net income	$	19,274	$	11,712		$	32,656	$	22,342
Weighted-average common and common equivalent shares outstanding—Basic		54,705		53,944			54,615		53,721
Effect of dilutive securities:
RSUs		448		358			435		369
Performance shares		353		259			353		280
Stock options		298		402			247		358
Weighted-average common and common equivalent shares outstanding—Diluted		55,804		54,963			55,650		54,728
Net income per common share
Basic	$	0.35	$	0.22		$	0.60	$	0.42
Diluted	$	0.35	$	0.21		$	0.59	$	0.41

Antidilutive Securities Excluded from Computation of Earnings Per Share

The diluted net income per common share excludes certain stock options, RSUs, and performance shares, since the effect of including these awards would have been anti-dilutive as follows:

	Three Months Ended April 30,				Six Months Ended April 30,
(in thousands)	2013		2012		2013		2012
Stock options		711		825		1,091		1,092
RSUs		26		21		26		63
Performance shares		—		—		37		—