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Net Income Per Common Share (Tables)
12 Months Ended
Oct. 31, 2013
Calculations of Basic and Diluted Net Income Per Common Share

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

 

     Years Ended October 31,  
(in thousands, except per share amounts)    2013      2012      2011  

Income from continuing operations

   $ 72,900         $ 62,718         $ 68,698     

Loss from discontinued operations, net of taxes

     —           (136)          (194)    
  

 

 

    

 

 

    

 

 

 

Net income

   $ 72,900         $ 62,582         $ 68,504     
  

 

 

    

 

 

    

 

 

 

Weighted-average common and common equivalent shares outstanding—Basic

     54,877           53,987           53,121     

Effect of dilutive securities:

        

RSUs

     473           369           293     

Performance shares

     403           281           221     

Stock options

     314           277           468     
  

 

 

    

 

 

    

 

 

 

Weighted-average common and common equivalent shares outstanding—Diluted

     56,067           54,914           54,103     
  

 

 

    

 

 

    

 

 

 

Net income per common share

        

Basic

     1.33           1.16           1.29     

Diluted

     1.30           1.14           1.27     

Antidilutive Securities Excluded from Computation of Earnings Per Share

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

 

                                                                          
     Years Ended October 31,  
(in thousands)    2013      2012      2011  

Stock options

     765           1,317           879     

Performance shares

     19           —           17     

RSUs

     13           90           60