Stock Repurchase Program

9 Months Ended

Jul. 31, 2011

11. Stock Repurchase Program

In March 2003, the Company’s Board of Directors authorized the repurchase of up to 20 million shares of its common stock, par value $.01, from time to time, in open market transactions or otherwise, for the purpose of providing shares for its various employee benefit plans. Information about the Company’s share repurchase program for the nine-month and three-month periods ended July 31, 2011 and 2010 is in the table below.


	Nine months ended July 31,				Three months ended July 31,
	2011		2010		2011		2010
Number of shares purchased		23,000		26,000		4,000		7,000
Average price per share	$	20.18	$	19.48	$	20.44	$	18.89
Remaining authorization at July 31(in thousands):		11,807		11,836		11,807		11,836