Stock-Based Compensation

3 Months Ended

Jan. 31, 2020

Share-based Payment Arrangement [Abstract]

Stock-Based Compensation

Stock-Based Compensation

The compensation cost recognized in the unaudited condensed consolidated statements of operations for the Company’s stock compensation arrangements was as follows:

	Three Months Ended   January 31,
	2020			2019
	(in thousands)
Cost of products	$	5,580		$	4,126
Cost of maintenance and service	2,032			1,459
Research and development expense	26,209			18,304
Sales and marketing expense	8,894			7,272
General and administrative expense	9,168			7,299
Stock-based compensation expense before taxes	51,883			38,460
Income tax benefit	(8,924		)	(6,449		)
Stock-based compensation expense after taxes	$	42,959		$	32,011

As of January 31, 2020, the Company had $467.1 million of total unrecognized stock-based compensation expense relating to options and restricted stock units and awards, which is expected to be recognized over a weighted-average period of 2.6 years. As of January 31, 2020, the Company had $29.5 million of total unrecognized stock-based compensation expense relating to the ESPP, which is expected to be recognized over a period of 2.0 years.

The intrinsic values of equity awards exercised during the periods are as follows:

	Three Months Ended   January 31,
	2020		2019
	(in thousands)
Intrinsic value of awards exercised	$	24,398	$	8,152