XML 66 R45.htm IDEA: XBRL DOCUMENT v3.8.0.1
Stock-based Compensation Plans (Tables)
12 Months Ended
Oct. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Share-based Compensation, Stock Options, Activity [Table Text Block]
The following table summarizes the performance-based stock options subject to service and market conditions activity:
 
For the Years Ended October 31,
 
2017
 
2016
 
2015
 
Shares
 
Weighted Average Exercise Price
 
Shares
 
Weighted Average Exercise Price
 
Shares
 
Weighted Average Exercise Price
 
(in thousands)
 
 
 
(in thousands)
 
 
 
(in thousands)
 
 
Options outstanding, at beginning of year
567

 
$
27.24

 
615

 
$
27.24

 
670

 
$
27.24

Exercised
(130
)
 
27.24

 

 

 

 

Forfeited
(6
)
 
27.24

 
(48
)
 
27.24

 
(55
)
 
27.24

Options outstanding, at end of year
431

 
27.24

 
567

 
27.24

 
615

 
27.24

Options exercisable, at end of year
431

 
27.24

 
567

 
27.24

 

 

The following table summarizes stock options activity:
 
For the Years Ended October 31,
 
2017
 
2016
 
2015
 
Shares
 
Weighted Average Exercise Price
 
Shares
 
Weighted Average Exercise Price
 
Shares
 
Weighted Average Exercise Price
 
(in thousands)
 
 
 
(in thousands)
 
 
 
(in thousands)
 
 
Options outstanding, at beginning of year
2,835

 
$
38.89

 
2,886

 
$
39.33

 
3,657

 
$
39.46

Granted
301

 
27.88

 
35

 
10.60

 
40

 
37.03

Exercised
(325
)
 
30.25

 

 

 
(44
)
 
25.68

Forfeited/expired
(403
)
 
38.13

 
(86
)
 
42.30

 
(767
)
 
40.60

Options outstanding, at end of year
2,408

 
38.81

 
2,835

 
38.89

 
2,886

 
39.33

Options exercisable, at end of year
2,073

 
40.72

 
2,695

 
39.29

 
2,407

 
40.27

The following table summarizes the performance-based stock options subject to service and performance conditions activity:
 
For the Years Ended October 31,
 
2017
 
2016
 
2015
 
Shares
 
Weighted Average Exercise Price
 
Shares
 
Weighted Average Exercise Price
 
Shares
 
Weighted Average Exercise Price
 
(in thousands)
 
 
 
(in thousands)
 
 
 
(in thousands)
 
 
Options outstanding, at beginning of year
973

 
$
30.47

 
1,409

 
$
31.64

 
941

 
$
35.41

Granted

 

 

 

 
729

 
27.61

Forfeited
(374
)
 
35.09

 
(436
)
 
34.22

 
(261
)
 
33.99

Options outstanding, at end of year
599

 
27.59

 
973

 
30.47

 
1,409

 
31.64

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]
The following table summarizes information about stock options outstanding:
 
Shares
 
Weighted Average Remaining Contractual Life
 
Weighted Average Exercise Price  
 
Aggregate Intrinsic Value
Range of Exercise Prices:
(in thousands)
 
(in years)
 
 
 
(in millions)
$ 10.60 - $ 31.19
927

 
4.5

 
$
27.70

 
$
13.6

$ 31.20 - $ 39.32
841

 
1.5

 
37.09

 
4.6

$ 39.33 - $ 68.65
640

 
0.5

 
57.16

 

Options Outstanding
2,408

 
 
 
 
 
 
The following table summarizes information about stock options exercisable:
 
Shares
 
Weighted Average Remaining Contractual Life
 
Weighted Average Exercise Price  
 
Aggregate Intrinsic Value
Range of Exercise Prices:
(in thousands)
 
(in years)
 
 
 
(in millions)
$ 10.60 - $ 31.19
603

 
2.1

 
$
28.27

 
$
8.5

$ 31.20 - $ 39.32
830

 
1.5

 
37.09

 
4.5

$ 39.33 - $ 68.65
640

 
0.5

 
57.16

 

Options Exercisable
2,073

 
 
 
 
 
 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The following table summarizes the annual weighted average assumptions:
 
For the Years Ended October 31,
 
2017
 
2016
 
2015
Risk-free interest rate
1.9
%
 
1.7
%
 
1.6
%
Expected volatility
55.2
%
 
56.8
%
 
40.2
%
Expected life (in years)
5

 
4.8

 
4.9

The following table summarizes the annual weighted average assumptions:
 
For the Year Ended October 31,
 
2015
Risk-free interest rate
1.4
%
Expected volatility
42.9
%
Expected life (in years)
4.7

Nonvested Restricted Stock Shares Activity [Table Text Block]
The following table summarizes restricted stock activity:
 
For the Years Ended October 31,
 
2017
 
2016
 
2015
 
Shares
 
Weighted Average Grant Date Fair Value
 
Shares
 
Weighted Average Grant Date Fair Value
 
Shares
 
Weighted Average Grant Date Fair Value
 
(in thousands)
 
 
 
(in thousands)
 
 
 
(in thousands)
 
 
Nonvested, at beginning of year

 
$

 

 
$

 
41

 
$
24.13

Granted
5

 
24.62

 
5

 
12.52

 
2

 
29.50

Vested
(5
)
 
24.62

 
(5
)
 
12.52

 
(43
)
 
24.38

Nonvested, at end of year

 

 

 

 

 

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]
The following tables summarize RSUs activity for the years ended October 31:
 
Share-Settled RSUs
 
2017
 
2016
 
2015
 
Shares
 
Weighted Average Grant Date Fair Value
 
Shares
 
Weighted Average Grant Date Fair Value
 
Shares
 
Weighted Average Grant Date Fair Value
 
(in thousands)
 
 
 
(in thousands)
 
 
 
(in thousands)
 
 
Nonvested, at beginning of year
613

 
$
8.74

 
69

 
$
28.60

 
188

 
$
28.75

Granted
210

 
27.28

 
624

 
8.76

 

 

Vested
(204
)
 
8.74

 
(66
)
 
28.66

 
(114
)
 
28.91

Forfeited

 

 
(14
)
 
13.07

 
(5
)
 
27.24

Nonvested, at end of year
619

 
15.04

 
613

 
8.74

 
69

 
28.60

 
 
 
 
 
 
 
 
 
 
 
 
 
Cash-Settled RSUs
 
2017
 
2016
 
2015
 
Shares
 
Weighted Average Grant Date Fair Value
 
Shares
 
Weighted Average Grant Date Fair Value
 
Shares
 
Weighted Average Grant Date Fair Value
 
(in thousands)
 
 
 
(in thousands)
 
 
 
(in thousands)
 
 
Nonvested, at beginning of year
817

 
$
13.95

 
498

 
$
29.96

 
469

 
$
33.00

Granted
258

 
27.48

 
650

 
7.26

 
280

 
27.67

Vested
(456
)
 
15.92

 
(231
)
 
26.06

 
(190
)
 
33.82

Forfeited
(32
)
 
20.17

 
(100
)
 
22.19

 
(61
)
 
30.75

Nonvested, at end of year
587

 
18.02

 
817

 
13.95

 
498

 
29.96

Schedule of Nonvested Performance-based Units Activity [Table Text Block]
The following tables summarize PUs activity for the years ended October 31:
 
Share-Settled PUs subject to Service and Performance Conditions
 
2017
 
2016
 
2015
 
Shares
 
Weighted Average Grant Date Fair Value
 
Shares
 
Weighted Average Grant Date Fair Value
 
Shares
 
Weighted Average Grant Date Fair Value
 
(in thousands)
 
 
 
(in thousands)
 
 
 
(in thousands)
 
 
Nonvested, at beginning of year

 
$

 
244

 
$
28.73

 
292

 
$
28.48

Forfeited

 

 
(244
)
 
28.73

 
(48
)
 
27.24

Nonvested, at end of year

 

 

 

 
244

 
28.73

 
Cash-Settled PUs subject to Service and Performance Conditions
 
2017
 
2016
 
2015
 
Shares
 
Weighted Average Grant Date Fair Value
 
Shares
 
Weighted Average Grant Date Fair Value
 
Shares
 
Weighted Average Grant Date Fair Value
 
(in thousands)
 
 
 
(in thousands)
 
 
 
(in thousands)
 
 
Nonvested, at beginning of year
379

 
$
30.63

 
434

 
$
30.64

 
$
221

 
$
35.11

Granted

 

 

 

 
277

 
27.61

Forfeited
(159
)
 
34.86

 
(55
)
 
30.65

 
(64
)
 
32.95

Nonvested, at end of year
220

 
27.59

 
379

 
30.63

 
434

 
30.64

 
Cash Settled PUs subject to Service and Market Conditions
 
2017
 
2016
 
2015
 
Shares
 
Weighted Average Grant Date Fair Value
 
Shares
 
Weighted Average Grant Date Fair Value
 
Shares
 
Weighted Average Grant Date Fair Value
 
(in thousands)
 
 
 
(in thousands)
 
 
 
(in thousands)
 
 
Nonvested, at beginning of year
70

 
$
50.52

 
172

 
$
69.64

 
172

 
$
69.64

Forfeited
(70
)
 
50.52

 
(102
)
 
82.86

 

 

Nonvested, at end of year

 

 
70

 
50.52

 
172

 
69.64