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Summary Consolidated Quarterly Financial Data (Unaudited) Summary Consolidated Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Oct. 31, 2017
Summary Consolidated Quarterly Financial Data (Unaudited) [Abstract]  
Schedule of Quarterly Financial Information [Table Text Block]
The table below provides summary income statement data for each quarter of fiscal 2017 and 2016 (amounts in thousands, except per share data):
 
Three Months Ended
 
October 31
 
July 31
 
April 30
 
January 31
Fiscal 2017:
 
 
 
 
 
 
 
Revenue
$
2,027,907

 
$
1,502,909

 
$
1,363,512

 
$
920,730

Gross profit (a)
$
452,075

 
$
326,881

 
$
286,071

 
$
187,728

Income before income taxes
$
301,747

 
$
203,574

 
$
199,209

 
$
109,781

Net income
$
191,878

 
$
148,563

 
$
124,638

 
$
70,416

Earnings per share (b)
 
 
 
 
 
 
 
Basic
$
1.20

 
$
0.91

 
$
0.76

 
$
0.43

Diluted
$
1.17

 
$
0.87

 
$
0.73

 
$
0.42

Weighted-average number of shares
 
 
 
 
 
 
 
Basic
159,232

 
163,478

 
163,492

 
162,588

Diluted
164,565

 
171,562

 
171,403

 
170,417

 
 
 
 
 
 
 
 
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

Earnings 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

(a)
Gross profit in the fourth quarter of fiscal 2016 includes $121.2 million of a warranty charge. See Note 7 – “Accrued Expenses” for additional information regarding this warranty charge.
(b)
Due to rounding, the sum of the quarterly earnings per share amounts may not equal the reported earnings per share for the year.