Earnings Per Share Information (Tables)

3 Months Ended

Jan. 31, 2018

Earnings Per Share [Abstract]

Income per share calculation

The table below provides, for the periods indicated, information pertaining to the calculation of earnings per share, common stock equivalents, weighted-average number of antidilutive options, and shares issued (amounts in thousands):

	Three months ended January 31,
	2018		2017
Numerator:
Net income as reported	$	132,107	$	70,416
Plus interest and costs attributable to 0.5% Exchangeable Senior Notes, net of income tax benefit (a)			384
Numerator for diluted earnings per share	$	132,107	$	70,800
Denominator:
Basic weighted-average shares	155,882		162,588
Common stock equivalents (b)	3,015		1,971
Shares attributable to 0.5% Exchangeable Senior Notes (a)			5,858
Diluted weighted-average shares	158,897		170,417
Other information:
Weighted-average number of antidilutive options and restricted stock units (c)	545		5,204
Shares issued under stock incentive and employee stock purchase plans	823		1,280

(a) On September 15, 2017, we redeemed these notes for cash.

(b) Common stock equivalents represent the dilutive effect of outstanding in-the-money stock options using the treasury stock method and shares expected to be issued upon the conversion of restricted stock units under our equity award programs.

(c) Weighted-average number of antidilutive options and restricted stock units are based upon the average closing price of our common stock on the New York Stock Exchange for the period.