Net Income Per Common Share

3 Months Ended

Jan. 31, 2014

Earnings Per Share [Abstract]

Net Income Per Common Share

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

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