Net Income Per Common Share (Tables)

3 Months Ended

Jan. 31, 2014

Calculations 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 January 31,
(in thousands, except per share amounts)	2014		2013
Net income	$	13,069	$	13,382
Weighted-average common and common equivalent shares outstanding—Basic	55,662		54,525
Effect of dilutive securities:
Restricted stock units (“RSUs”)	525		422
Performance shares	472		353
Stock options	406		197
Weighted-average common and common equivalent shares outstanding—Diluted	57,065		55,497
Net income per common share
Basic	$	0.23	$	0.25
Diluted	$	0.23	$	0.24

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 January 31,
(in thousands)	2014	2013
Stock options	234	1,470
RSUs	1	25
Performance shares	—	75