Shareholders' Equity

9 Months Ended

Jul. 31, 2015

Equity [Abstract]

Shareholders' Equity

Shareholders' Equity

In August 2013, our Board of Directors authorized the Company to repurchase up to $1.0 billion in shares of our common stock until August 2016. Under the program, the Company may repurchase shares in the open market in accordance with applicable SEC rules and regulations. During the quarter ended July 31, 2015, we did not repurchase any shares of common stock. During the quarter ended August 1, 2014, we purchased 1,091,602 shares of common stock for approximately $64.8 million. During the nine months ended July 31, 2015, we purchased 954,580 shares of common stock for approximately $50.0 million, all purchases of which occurred in the first quarter. During the nine months ended August 1, 2014, we purchased 3,488,312 shares of common stock for approximately $194.3 million. Since its inception, the Company has repurchased 9,771,605 shares of common stock under the program for approximately $533.4 million, leaving $466.6 million available under the program.