Share-Based Compensation

3 Months Ended

Jan. 31, 2023

Share-Based Payment Arrangement [Abstract]

Note 8. Share-Based Compensation

The Company has several stock plans that are described in the Company’s Annual Report on Form 10‑K for the fiscal year ended October 31, 2022. Compensation expense and the related income tax benefit recognized in our Consolidated Statements of Income and Comprehensive Income for share-based awards, including the Employee Stock Purchase Plan, were as follows:


Period Ended January 31,	Three Months
(In millions)	2023		2022
Selling, general and administrative expense	$	14.4	$	11.5
Cost of sales	1.1		1.3
Research and development expense	0.8		0.8
Total share-based compensation expense	$	16.3	$	13.6
Related income tax benefit	$	1.7	$	1.6