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Stockholders' Equity
 12 Months Ended
Oct. 31, 2013
Equity [Abstract]  
Stockholders' Equity
Stockholders’ Equity

Analysis of changes in accumulated other comprehensive income (loss):
(In thousands)
Foreign Currency Translation Adjustment
 
Unrealized Gain (Loss) on Marketable Securities
 
Change in Value of Derivative Instruments
 
Minimum Pension Liability
 
Total
Balance at October 31, 2010
$
(8,358
)
 
$
—

 
$
972

 
$
(9,948
)
 
$
(17,334
)
Gross change in value for the period
5,817

 
14

  
(6,227
)
 
(4,610
)
 
(5,006
)
Reclassification adjustments for losses realized in income
—

 
—

  
1,122

 
—

 
1,122

Tax effect for the period
—

 
(5
)
  
1,307

 
1,806

 
3,108

Balance at October 31, 2011
$
(2,541
)
 
$
9

  
$
(2,826
)
 
$
(12,752
)
 
$
(18,110
)
Gross change in value for the period
$
(4,658
)
 
$
61

  
$
(1,420
)
 
$
(14,750
)
 
$
(20,767
)
Reclassification adjustments for losses realized in income
—

 
—

  
2,161

 
—

 
2,161

Tax effect for the period
—

 
(20
)
  
(289
)
 
5,764

 
5,455

Balance at October 31, 2012
$
(7,199
)
 
$
50

  
$
(2,374
)
 
$
(21,738
)
 
$
(31,261
)
Gross change in value for the period
$
2,607

 
$
—

 
$
2,198

 
$
19,000

 
$
23,805

Reclassification adjustments for gain realized in income
—

 
(77
)
 
—

 
—

 
(77
)
Tax effect for the period
—

 
27

 
(857
)
 
(7,399
)
 
(8,229
)
Balance at October 31, 2013
$
(4,592
)
 
$
—

  
$
(1,033
)
 
$
(10,137
)
 
$
(15,762
)

Share Repurchases
On December 15, 2011, we announced that the Company’s Board of Directors authorized the 2012 Share Repurchase Program (Program) to repurchase up to $150.0 million of the Company’s common stock and on December 5, 2012 the Program was amended to authorize the repurchase of $300.0 million of the Company's common stock. With the amendment, the Program expiration date was changed to indefinite from December 31, 2012, and may be discontinued at any time. Purchases under the Program are subject to a review of the circumstances in place at the time and will be made from time to time as permitted by securities laws and other legal requirements.
Through the twelve months ended October 31, 2013, the Company repurchased 1.42 million shares of the Company’s common stock for $167.3 million and approximately $61.5 million remained authorized for repurchase under the Program. During the three months ended October 31, 2013, the Company repurchased 960 thousand shares of the Company's common stock for $123.0 million, at an average purchase price of $128.06 per share. For the three months ended January 31, 2013, the Company repurchased 460 thousand shares of the Company’s common stock for $44.4 million at an average purchase price of $96.34 per share.
During the twelve months ended October 31, 2012, the Company repurchased 984 thousand shares of our common stock for $71.2 million. During the three months ended July 31, 2012, the Company repurchased 321 thousand shares of the Company's common stock for $25.0 million, at an average purchase price of $77.89 per share. During the three months ended January 31, 2012, the Company repurchased 663 thousand shares for $46.1 million, at an average purchase price of $69.60 per share. The Company did not repurchase shares during the three-month periods ended April 30, 2013, July 31, 2013, April 30, 2012 and October 31, 2012.
Cash Dividends
In fiscal 2013 and 2012, we paid semiannual dividends of 3 cents per share: an aggregate of approximately $1.4 million or 3 cents per share on February 7, 2013, to stockholders of record on January 25, 2013; $1.5 million or 3 cents per share on August 6, 2013, to stockholders of record on July 24, 2013; $1.4 million or 3 cents per share on February 7, 2012, to stockholders of record on January 25, 2012; $1.4 million or 3 cents per share on August 6, 2012, to stockholders of record on July 24, 2012.
 
Stockholders' Rights Plan
 
Under our stockholders' rights plan, each outstanding share of our common stock carries one-half of one preferred share purchase right (Right). The Rights will become exercisable only under certain circumstances involving acquisition of beneficial ownership of 20% or more of our common stock by a person or group (Acquiring Person) without the prior consent of Cooper's Board of Directors. If a person or group becomes an Acquiring Person, each Right would then entitle the holder (other than an Acquiring Person) to purchase, for the then purchase price of the Right (currently $450, subject to adjustment), shares of Cooper's common stock, or shares of common stock of any person into which we are thereafter merged or to which 50% or more of our assets or earning power is sold, with a market value of twice the purchase price. The Rights will expire in October 2017 unless earlier exercised or redeemed. The Board of Directors may redeem the Rights for $0.01 per Right prior to any person or group becoming an Acquiring Person.