SHARE-BASED COMPENSATION PLANS (Tables)

12 Months Ended

Oct. 31, 2011

Compensation Expense and Related Income Tax Benefit in Connection with the Company's Share-Based Compensation Plans

Compensation expense and related income tax benefit in connection with the Company’s share-based compensation plans for the years ended October 31, 2011, 2010 and 2009 were as follows:

		September 30,			September 30,			September 30,
Years Ended October 31,	2011			2010			2009
(in thousands)
Share-based compensation expense recognized in selling, general and administrative expenses before income taxes	$	9,191		$	4,071		$	7,411
Income tax benefit		(3,805	)		(1,691	)		(3,025	)
Total share-based compensation expense after income taxes	$	5,386		$	2,380		$	4,386

Assumptions Used in Option Valuation Model

The assumptions used in the option valuation model for the years ended October 31, 2011, 2010 and 2009 are shown in the table below:

		September 30,		September 30,		September 30,
	2011		2010		2009
Expected life from the date of grant (1)		5.6 years		5.6 years		5.7 years
Expected stock price volatility (2)		39.2% - 40.4%		38.5% - 39.0%		35.2%
Expected dividend yield (3)		2.3% - 2.6%		2.6% - 2.7%		2.5%
Risk-free interest rate (4)		1.0% - 2.1%		1.7% - 2.6%		1.7%
Weighted average fair value of option grants		$6.52		$6.37		$4.82

(1) The expected life for options granted under the 2006 Equity Plan is based on observed historical exercise patterns of the previously granted options adjusted to reflect the change in vesting and expiration dates.

(2) The expected volatility is based on considerations of implied volatility from publicly traded and quoted options on the Company’s common stock and the historical volatility of the Company’s common stock.

(3) The dividend yield is based on the historical dividend yield over the expected term of the options granted.

(4) The risk-free interest rate is based on the continuous compounded yield on U.S. Treasury Constant Maturity Rates with a remaining term equal to the expected term of the option.

RSU Activity

RSU activity in the year ended October 31, 2011 is summarized below:

		September 30,			September 30,
	Number of Shares (in thousands)			Weighted- Average Grant Date Fair Value per Share
Outstanding at October 31, 2010		735		$	20.19
Granted		528			20.39
Issued (including 36 shares withheld for income taxes)		(121	)		19.50
Forfeited		(35	)		20.67
Outstanding at October 31, 2011		1,107		$	20.38
Vested at October 31, 2011		121		$	19.50

Performance Share Activity

Performance share activity in the year ended October 31, 2011 is summarized below:

		September 30,			September 30,
	Number of Shares (in thousands)			Weighted- Average Grant Date Fair Value per Share
Outstanding at October 31, 2010		381		$	18.98
Granted		271			25.25
Change in units based on performance		(36	)		19.51
Forfeited		(24	)		20.82
Outstanding at October 31, 2011		592		$	21.74
Vested at October 31, 2011		—		$	—

Employee Stock Options

Stock Option Activity

Stock option activity in the year ended October 31, 2011 is summarized below:

		September 30,			September 30,		September 30,		September 30,
	Number of Shares (in thousands)			Weighted- Average Exercise Price per Share		Weighted- Average Remaining Contractual Term (in years)		Aggregate Intrinsic Value (in  thousands)
Outstanding at October 31, 2010		1,199		$	20.49
Granted		513			21.75
Exercised		(36	)		18.97
Outstanding at October 31, 2011		1,676		$	20.91		4.93	$	1,063
Vested and exercisable at October 31, 2011		567		$	20.37		3.22	$	497

Time-Vested Plan

Stock Option Activity

The Time-Vested Plan activity in the year ended October 31, 2011 is summarized below:

		September 30,			September 30,		September 30,		September 30,
	Number of Shares (in thousands)			Weighted- Average Exercise Price per Share		Weighted- Average Remaining Contractual Term (in years)		Aggregate Intrinsic Value (in thousands)
Outstanding at October 31, 2010		701		$	18.40
Exercised		(111	)		16.49
Forfeited or expired		(10	)		16.89
Outstanding at October 31, 2011		580		$	18.79		2.9	$	1,057
Vested and exercisable at October 31, 2011		580		$	18.79		2.9	$	1,057

1996 and 2002 Price-Vested Plans

Stock Option Activity

Activity for the 1996 and 2002 Price-Vested Plans in the year ended October 31, 2011 is summarized below:

		September 30,			September 30,		September 30,		September 30,
	Number of Shares (in thousands)			Weighted- Average Exercise Price per Share		Weighted- Average Remaining Contractual Term (in years)		Aggregate Intrinsic Value (in thousands)
Outstanding at October 31, 2010		1,013		$	17.43
Exercised		(295	)		16.84
Forfeited or expired		(8	)		15.16
Outstanding at October 31, 2011		710		$	17.71		2.53	$	1,793
Vested and exercisable at October 31, 2011		710		$	17.71		2.53	$	1,793

Executive Stock Option Plan (Age-Vested Plan)

Stock Option Activity

The Age-Vested Plan activity in the year ended October 31, 2011, is summarized below:

		September 30,			September 30,		September 30,		September 30,
	Number of Shares (in thousands)			Weighted- Average Exercise Price per Share		Weighted- Average Remaining Contractual Term (in years)		Aggregate Intrinsic Value (in thousands)
Outstanding at October 31, 2010		402		$	13.75
Exercised		(7	)		14.93
Forfeited or expired		(35	)		14.01
Outstanding at October 31, 2011		360		$	13.70		42.52	$	2,346
Vested and exercisable at October 31, 2011		80		$	11.48		43.20	$	699