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Stock Repurchase Program
6 Months Ended
Apr. 30, 2012
Stock Repurchase Program [Abstract]  
Stock Repurchase Program
Stock Repurchase Program
In March 2003, the Company’s Board of Directors authorized the repurchase of up to 20 million shares of its common stock, par value $0.01, from time to time, in open market transactions or otherwise, for the purpose of providing shares for its various employee benefit plans. The table below provides, for the periods indicated, information about the Company’s share repurchase program.
 
Six months ended April 30,
 
Three months ended April 30,
 
2012
 
2011
 
2012
 
2011
Number of shares purchased
13,000

 
19,000

 
10,000

 
11,000

Average price per share
$
22.51

 
$
20.13

 
$
23.13

 
$
20.83

Remaining authorization at April 30 (in thousands):
8,773

 
11,811

 
8,773

 
11,811