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Earnings Per Share
9 Months Ended
Jul. 31, 2011
Earnings Per Share  
Earnings Per Share

Note 7. Earnings Per Share

 

$38.89-$80.51 $38.89-$80.51 $38.89-$80.51 $38.89-$80.51

Periods Ended July 31,

(In thousands, except per share amounts)

   Three Months      Nine Months  
   2011      2010      2011      2010  

Net income

   $ 38,137       $ 39,727       $ 118,792       $ 64,605   

Basic:

           

Weighted average common shares

     47,322         45,605         46,606         45,459   
  

 

 

    

 

 

    

 

 

    

 

 

 

Basic earnings per common share

   $ 0.81       $ 0.87       $ 2.55       $ 1.42   
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted:

           

Weighted average common shares

     47,322         45,605         46,606         45,459   

Effect of dilutive stock options

     1,687         797         1,756         773   
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted weighted average common shares

     49,009         46,402         48,362         46,232   
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted earnings per common share

   $ 0.78       $ 0.86       $ 2.46       $ 1.40   
  

 

 

    

 

 

    

 

 

    

 

 

 

The following table sets forth stock options to purchase Cooper's common stock that were not included in the diluted net income per share calculation because their effect would have been antidilutive for the periods presented:

 

$38.89-$80.51 $38.89-$80.51 $38.89-$80.51 $38.89-$80.51
Periods Ended July 31,    Three Months      Nine Months  

(In thousands, except exercise prices)

   2011      2010      2011      2010  

Numbers of stock option shares excluded

     10         3,587         1,135         3,587   
  

 

 

    

 

 

    

 

 

    

 

 

 

Range of exercise prices

   $ 80.51       $ 38.89-$80.51       $ 66.15-$80.51       $ 38.89-$80.51