Summary Consolidated Quarterly Financial Data (Unaudited)

12 Months Ended

Oct. 31, 2016

Summary Consolidated Quarterly Financial Data (Unaudited)

The table below provides summary income statement data for each quarter of fiscal 2016 and 2015 (amounts in thousands, except per share data):



	Three Months Ended
	October 31		July 31		April 30		January 31
Fiscal 2016:
Revenue	$	1,855,451	$	1,269,934	$	1,115,557	$	928,566
Gross profit (a)	$	285,684	$	278,518	$	244,986	$	216,255
Income before income taxes	$	168,160	$	163,653	$	140,397	$	116,817
Net income	$	114,378	$	105,483	$	89,054	$	73,180
Income per share (b)
Basic	$	0.70	$	0.64	$	0.53	$	0.42
Diluted	$	0.67	$	0.61	$	0.51	$	0.40
Weighted-average number of shares
Basic	163,970		165,919		168,952		174,205
Diluted	171,683		173,405		176,414		182,391

Fiscal 2015:
Revenue	$	1,437,202	$	1,028,011	$	852,583	$	853,452
Gross profit (a)	$	320,870	$	203,617	$	174,071	$	203,420
Income before income taxes	$	217,543	$	107,464	$	86,532	$	124,023
Net income	$	147,163	$	66,749	$	67,930	$	81,325
Income per share (b)
Basic	$	0.83	$	0.38	$	0.38	$	0.46
Diluted	$	0.80	$	0.36	$	0.37	$	0.44
Weighted-average number of shares
Basic	176,370		176,797		176,458		176,076
Diluted	184,736		185,133		184,838		184,107


(a)	Gross profit in the fourth quarters of fiscal 2016 and 2015 include $121.2 million and $14.7 million, respectively, of warranty charges. See Note 6 – “Accrued Expenses” in Item 15(a)1 of this Form 10-K for additional information regarding these warranty charges.


(b)	Due to rounding, the sum of the quarterly earnings per share amounts may not equal the reported earnings per share for the year.