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Earnings (Loss) Per Share
9 Months Ended
Jul. 31, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
EARNINGS (LOSS) PER SHARE
Basic earnings (loss) per ordinary share is computed by dividing net income (loss) available to the Company by the weighted-average number of ordinary shares outstanding during the period. Diluted earnings (loss) per ordinary share is computed by dividing net income (loss) available to the Company by the weighted-average number of ordinary shares outstanding adjusted to give effect to potentially dilutive securities.
The details of the computation of basic and diluted earnings (loss) per ordinary share are as follows:
 
Three months ended July 31,
 
Nine months ended July 31,
 
2016
 
2015
 
2016
 
2015
Numerator (in millions):
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
8.8

 
$
1.2

 
$
(9.3
)
 
$
(5.9
)
Income (loss) from discontinued operations
$

 
$
(22.8
)
 
$
(3.1
)
 
$
(3.1
)
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted-average number of shares of ordinary shares - basic
119,171,373

 
115,609,756

 
116,796,962

 
115,609,756

Effect of dilutive securities:
 
 
 
 
 
 
 
Restricted stock units
707,461

 

 

 

Stock options
73,201

 

 

 

Weighted-average number of shares of ordinary shares - diluted
119,952,035

 
115,609,756

 
116,796,962

 
115,609,756

 
 
 
 
 
 
 
 
Earnings (loss) per ordinary share - basic:
 
 
 
 
 
 
 
From continuing operations
$
0.07

 
$
0.01

 
$
(0.08
)
 
$
(0.05
)
From discontinued operations
$

 
$
(0.20
)
 
$
(0.03
)
 
$
(0.03
)
 
 
 
 
 
 
 
 
Earnings (loss) per ordinary share - diluted:
 
 
 
 
 
 
 
From continuing operations
$
0.07

 
$
0.01

 
$
(0.08
)
 
$
(0.05
)
From discontinued operations
$

 
$
(0.20
)
 
$
(0.03
)
 
$
(0.03
)

For the nine months ended July 31, 2016, the equivalent of 780,662 dilutive securities were excluded from the computation of diluted earnings per ordinary share because the effect would have been anti-dilutive due to the loss from continuing operations for the period.