Earnings Per Share

12 Months Ended

Oct. 31, 2014

Equity [Abstract]

Earnings Per Share [Text Block]

—Earnings Per Share (amounts in thousands except number of shares and per share data)

Basic earnings per share is computed by dividing net income available to common stockholders by the weighted average number of shares of Common Stock outstanding during the period. In addition, the shares of Common Stock issuable pursuant to stock options outstanding under the Amended and Restated 1993 Key Employee Stock Incentive Program are included in the diluted earnings per share calculation to the extent they are dilutive. For the years ended October 31, 2014 and 2013, approximately 117,000 and 225,000 stock awards, respectively, were excluded from the computation of diluted earnings per share because they were anti-dilutive. The following is a reconciliation of the numerator and denominator of the basic and diluted earnings per share computation for net income per share:

	Years Ended October 31,
	2014		2013
Net income available to common stockholders	$	22,444	$	21,570
Basic weighted average shares	17,145		16,982
Effect of dilutive securities:
Stock options	70		48
Diluted weighted average shares	17,215		17,030
Basic earnings per share	$	1.31	$	1.27
Diluted earnings per share	$	1.30	$	1.27