Earnings Per Share

12 Months Ended

Oct. 31, 2016

—Earnings Per Share (amounts and number of shares in thousands except 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 restricted stock units and stock options outstanding under the 2016 Plan are included in the diluted earnings per share calculation to the extent they are dilutive. For the years ended October 31, 2016, 2015, and 2014, approximately 53, 143, and 225 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,
	2016		2015		2014
Net income available to common stockholders	$	3,669	$	5,905	$	19,915
Basic weighted average shares	17,513		17,287		17,145
Effect of dilutive securities:
Restricted stock units and stock options	13		23		70
Diluted weighted average shares	17,526		17,310		17,215
Basic earnings per share	$0.21		$0.34		$1.16
Diluted earnings per share	$0.21		$0.34		$1.16