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EARNINGS PER SHARE (Tables)
6 Months Ended
Apr. 30, 2019
Earnings Per Share [Abstract]  
Earnings Per Share
The following table presents earnings per share.
 
Three Months Ended
 
April 30, 2019
 
April 30, 2018
 
(in thousands except per share amounts)
Net income
$
40,636

 
$
41,948

Distributed and undistributed (earnings) to unvested restricted stock
(597
)
 
(598
)
Distributed and undistributed earnings to common shareholders—Basic
$
40,039

 
$
41,350

Weighted average shares outstanding—Basic
21,830

 
22,511

Weighted average shares outstanding—Diluted
21,830

 
22,511

Earnings per common share—Basic
$
1.83

 
$
1.84

Earnings per common share—Diluted
$
1.83

 
$
1.84

 
 
 
 
 
 
 
 
 
Six Months Ended
 
April 30, 2019
 
April 30, 2018
 
(in thousands except per share amounts)
Net income
$
22,803

 
$
93,154

Distributed and undistributed (earnings) to unvested restricted stock
(340
)
 
(1,329
)
Distributed and undistributed earnings to common shareholders—Basic
$
22,463

 
$
91,825

Weighted average shares outstanding—Basic
21,822

 
22,506

Weighted average shares outstanding—Diluted
21,822

 
22,506

Earnings per common share—Basic
$
1.03

 
$
4.08

Earnings per common share—Diluted
$
1.03

 
$
4.08