STOCK-BASED COMPENSATION PLANS (Tables)

12 Months Ended

Oct. 31, 2015

STOCK-BASED COMPENSATION PLANS

Schedule of compensation costs related to stock-based awards

Fiscal years ended October 31		2015		2014		2013
Stock option awards	$	4,704	$	5,142	$	4,710
Restricted stock and restricted stock units		1,756		1,653		1,694
Performance share awards		3,964		4,496		3,833
Total compensation cost for stock-based awards	$	10,424	$	11,291	$	10,237
Tax benefit realized for tax deductions from stock-based awards	$	12,925	$	12,988	$	10,614

Schedule of stock options activity

	Stock Option Awards			Weighted- Average Exercise Price	Weighted- Average Contractual Life(years)		Intrinsic Value
Outstanding as of October 31, 2014	3,049,652		$	29.04	5.4	$	99,713
Granted	292,013			62.74
Exercised	(410,428	)		22.23
Cancelled/forfeited	(16,145	)		60.98
Expired	(371	)		59.50
Outstanding as of October 31, 2015	2,914,721		$	33.21	5.2	$	122,606
Exercisable as of October 31, 2015	2,309,155		$	26.92	4.4	$	111,644

Schedule of total market value and the intrinsic value of options exercised

Fiscal years ended October 31		2015		2014		2013
Market value of stock options exercised	$	27,860	$	19,017	$	23,160
Intrinsic value of options exercised1		18,739		12,311		13,875

1 Intrinsic value is calculated as amount by which the stock price at exercise date exceeded the option exercise price

Schedule of valuation assumptions of stock-based compensation

Fiscal years ended October 31		2015			2014			2013
Expected life of option in years		5.94			6			6
Expected stock price volatility		29.66	%		34.29	%		35.19	%
Risk-free interest rate		1.61	%		1.92	%		0.88	%
Expected dividend yield		1.29	%		1.25	%		1.07	%
Weighted-average fair value at date of grant	$	16.81		$	18.69		$	13.03

Schedule of restricted stock and restricted stock unit awards granted

Fiscal years ended October 31		2015		2014		2013
Weighted-average fair value at date of grant	$	67.77	$	63.05	$	46.10
Fair value of restricted stock and restricted stock units vested		1,702		1,890		1,207

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, 2014	78,529		$	49.22
Granted	55,180			67.77
Vested	(39,457	)		43.15
Forfeited	(2,455	)		56.72
Unvested as of October 31, 2015	91,797		$	62.78

Schedule of performance share awards granted

Fiscal years ended October 31		2015		2014		2013
Weighted-average fair value at date of grant	$	65.68	$	59.31	$	42.06
Fair value of performance share awards vested		7,989		7,926		9,057

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, 2014	476,800		$	40.82
Granted	61,700			65.68
Vested	(202,400	)		28.24
Cancelled/forfeited	(6,300	)		58.69
Unvested as of October 31, 2015	329,800		$	52.85