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Basic and Diluted Net Income Per Share (Tables)
3 Months Ended
Jan. 25, 2013
Earnings Per Share [Abstract]  
Computation of basic and diluted net income per share
The following table sets forth the computation of basic and diluted net income per share.
 
 
Quarter ended
(in thousands, except per share data)
January 25,
2013
 
January 27,
2012
Numerator:
 
 
 
Income from continuing operations available to common shareholders
$
142,139

 
$
142,410

Loss from discontinued operations available to common shareholders
(2
)
 
(58
)
Net income available to common shareholders
$
142,137

 
$
142,352

Denominator:
 
 
 
Denominator for basic net income per share -
 
 
 
Weighted average shares
106,242

 
105,405

Effect of dilutive securities:
 
 
 
Stock options, restricted stock units and performance shares
995

 
1,347

Denominator for diluted net income per share -
 
 
 
Adjusted weighted average shares and assumed conversions
107,237

 
106,752

Basic earnings per share:
 
 
 
Continuing operations
$
1.34

 
$
1.35

Discontinued operations

 

Net income
$
1.34

 
$
1.35

Diluted earnings per share:
 
 
 
Continuing operations
$
1.33

 
$
1.33

Discontinued operations

 

Net income
$
1.33

 
$
1.33