Earnings Per Share Information (Tables)

6 Months Ended

Apr. 30, 2020

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):

	Six months ended April 30,				Three months ended April 30,
	2020		2019		2020		2019
Numerator:
Net income as reported	$	132,546	$	241,374	$	75,670	$	129,324
Denominator:
Basic weighted-average shares	133,175		146,687		128,205		146,622
Common stock equivalents (1)	1,174		1,394		604		1,507
Diluted weighted-average shares	134,349		148,081		128,809		148,129
Other information:
Weighted-average number of antidilutive options and restricted stock units (2)	2,321		1,690		3,967		756
Shares issued under stock incentive and employee stock purchase plans	608		654		60		144

(1) 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.

(2) 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.