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Net Income per Share (Tables)
3 Months Ended
Jan. 31, 2014
Reconciliation of Weighted-Average Common Shares Used to Calculate Net Income Per Share

The table below reconciles the weighted-average common shares used to calculate basic net income per share with the weighted-average common shares used to calculate diluted net income per share:

 

     Three Months Ended
January 31,
 
     2014      2013  
     (in thousands, except
per share amounts)
 

Numerator:

     

Net income

   $ 67,696       $ 69,922   

Denominator:

     

Weighted-average common shares for basic net income per share

     154,066         151,477   

Dilutive effect of potential common shares from equity-based compensation

     2,690         3,054   
  

 

 

    

 

 

 

Weighted-average common shares for diluted net income per share

     156,756         154,531   
  

 

 

    

 

 

 

Net income per share:

     

Basic

   $ 0.44       $ 0.46   

Diluted

   $ 0.43       $ 0.45   

Anti-dilutive employee stock-based awards excluded(1)

     1,378         2,573   

 

(1) These stock options and unvested restricted stock units and restricted stock awards were anti-dilutive for the respective periods and are excluded in calculating diluted net income per share. While such awards were antidilutive for the respective periods, they could be dilutive in the future.