XML 67 R35.htm IDEA: XBRL DOCUMENT v2.4.0.8
STOCK-BASED COMPENSATION PLANS (Tables)
12 Months Ended
Oct. 31, 2013
STOCK-BASED COMPENSATION PLANS  
Schedule of compensation costs related to stock-based awards

 

   

Fiscal years ended October 31

    2013     2012     2011  
   

Stock option awards

  $ 4,710   $ 4,200   $ 4,654  

Restricted stock and restricted stock unit awards

    1,694     1,721     699  

Performance share awards

    3,833     3,582     3,180  
   

Total compensation cost for stock-based awards

  $ 10,237   $ 9,503   $ 8,533  
   

Tax benefit realized for tax deductions from stock-based awards

  $ 10,614   $ 13,266   $ 4,469  
   
Schedule of stock options activity

 

   

 

    Stock
Option
Awards
  Weighted
Average
Exercise
Price
  Weighted
Average
Contractual
Life(years)
    Intrinsic
Value
 
   

Outstanding as of October 31, 2012

    3,199,816   $22.54   6.0   $ 62,982  

Granted

    381,639   42.14            

Exercised

    (498,513 ) 18.63            

Cancelled

    (13,164 ) 35.91            
                     

Outstanding as of October 31, 2013

    3,069,778   $25.55   5.9   $ 102,493  
   

Exercisable as of October 31, 2013

    2,220,781   $21.97   4.9   $ 82,099  
   
Schedule of total market value and the intrinsic value of options exercised

 

   

Fiscal years ended October 31

    2013     2012     2011  
   

Market value of stock options exercised

  $ 23,160   $ 35,901   $ 25,592  

Intrinsic value of options exercised

    13,875     16,061     11,434  
   
Schedule of valuation assumptions of stock-based compensation

 

 

Fiscal years ended October 31

  2013   2012   2011
 

Expected life of option in years

  6   6   6

Expected volatility

  35.18% – 35.19%   34.87% – 35.02%   33.34% – 33.43%

Weighted-average volatility

  35.19%   35.01%   33.42%

Risk-free interest rate

  0.88%   1.20%   1.72% – 2.36%

Expected dividend yield

  1.04% – 1.07%   1.31% – 1.40%   1.04% – 1.16%

Weighted-average dividend yield

  1.07%   1.32%   1.05%
 

Weighted-average fair value at date of grant

  $13.03   $8.56   $10.15
 
Schedule of restricted stock and restricted stock unit awards granted

 

 

   

Fiscal years ended October 31

    2013     2012     2011  
   

Weighted-average fair value at date of grant

  $ 46.10   $ 33.61   $ 27.17  

Fair value of restricted stock and restricted stock unit awards vested

    1,207     967     37  
   
Schedule of unvested restricted stock shares and the weighted average fair value at the date of grant

 

   

 

    Restricted
Stock and
Units
    Weighted-
Average Fair
Value at Date
of Grant
 
   

Unvested as of October 31, 2012

    114,914   $ 30.02  

Granted

    41,270     46.10  

Vested

    (42,214 )   28.59  

Forfeited

    (4,682 )   37.45  
             

Unvested as of October 31, 2013

    109,288   $ 36.32  
 
Schedule of performance share awards granted

 

 

   

Fiscal years ended October 31

    2013     2012     2011  
   

Weighted-average fair value at date of grant

  $ 42.06   $ 28.24   $ 31.76  

Fair value of performance share awards vested

    9,057     1,828     1,429  
   
Schedule of unvested performance share awards and the weighted average fair value at the date of grant

 

   

 

    Performance
Shares
    Weighted-
Average Fair
Value at Date
of Grant
 
   

Unvested as of October 31, 2012

    583,332   $ 26.33  

Granted

    152,800     42.06  

Vested

    (215,332 )   20.37  

Forfeited

         
             

Unvested as of October 31, 2013

    520,800   $ 33.41