Stock-Based Benefit Plans (Tables)

3 Months Ended

Jan. 31, 2014

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

Stock-based compensation expense recognized

Information regarding the amount of total stock-based compensation expense and tax benefit recognized by the Company, for the periods indicated, is as follows (amounts in thousands):

	Three months ended January 31,
	2014		2013
Total stock-based compensation expense recognized	$	7,669	$	5,684
Income tax benefit recognized	$	2,972	$	2,079

Weighted-average assumptions and the fair value used for stock option grants

The weighted-average assumptions and the fair value used for stock option grants in fiscal 2014 and 2013 were as follows:

	2014	2013
Expected volatility	36.44% - 44.71%	44.04% - 48.13%
Weighted-average volatility	42.71%	46.70%
Risk-free interest rate	1.45% - 2.71%	0.64% - 1.56%
Expected life (years)	4.55 - 9.02	4.48 - 8.88
Dividends	none	none
Weighted-average grant date fair value per share of options granted	$14.26	$13.05

Stock based compensation expense recognized for stock options [Table Text Block]

Stock compensation expense, related to stock options, for the periods indicated, was as follows (amounts in thousands):

	2014		2013
Three months ended January 31,	$	4,030	$	3,475

Performance-based restricted stock units

The Company evaluates the performance goals quarterly and estimates the number of shares underlying the Performance-Based RSUs that are probable of being issued. Information regarding the issuance, valuation assumptions and amortization of the Company’s Performance-Based RSUs issued in fiscal 2014 and 2013 is provided below.

	2014		2013
Number of shares underlying Performance-Based RSUs to be issued	288,667		302,511
Closing price of the Company’s common stock on Valuation Date	$	35.16	$	37.78
Aggregate fair value of Performance-Based RSUs to be issued (in thousands)	$	10,150	$	11,429
Performance-Based RSU expense recognized in the three months ended January 31, (in thousands)	$	2,071	$	514

Note: The fiscal 2014 number of shares underlying Performance-Based RSUs to be issued and their aggregate fair value is estimated.

Information regarding the aggregate number of outstanding Performance-Based RSUs and the aggregate unamortized value of the outstanding Performance-Based RSUs, as of the date indicated, is provided below.

	January 31, 2014		October 31, 2013
Aggregate outstanding Performance-Based RSUs	961,354		672,687
Cumulative unamortized value of Performance-Based RSUs (in thousands)	$	16,198	$	8,120

Stock price-based restricted stock units

Information regarding the amortization of the Company’s Stock Price-Based RSUs, for the periods indicated, is provided below (amounts in thousands):

	2014		2013
Three months ended January 31,	$	231	$	562

Information regarding the aggregate number of outstanding Stock Price-Based RSUs and aggregate unamortized value of the outstanding Stock Price-Based RSUs, as of the date indicated, is provided below:

	January 31, 2014		October 31, 2013
Aggregate outstanding Stock Price-Based RSUs	—		306,000
Cumulative unamortized value of Stock Price-Based RSUs (in thousands)	$	—	$	231

Non-performance based restricted stock units

Information regarding these RSUs issued in the three months ended January 31, 2014 and 2013 is as follows:

	2014		2013
Number of RSUs issued	99,336		94,080
Closing price of the Company’s common stock on date of issuance	$	35.16	$	32.22
Aggregate fair value of RSUs issued (in thousands)	$	3,493	$	3,031

Information regarding the amortization of the Company’s RSUs, for the periods indicated, is as follows (amounts in thousands):

	2014		2013
Three months ended January 31,	$	1,311	$	1,112

Information regarding the aggregate number of outstanding RSUs and aggregate unamortized value of the outstanding RSUs, as of the date indicated, is as follows:

	January 31, 2014		October 31, 2013
Aggregate outstanding RSUs	307,798		225,252
Cumulative unamortized value of RSUs (in thousands)	$	3,852	$	1,706