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Stock Issuance and Stock Repurchase Program (Tables)
6 Months Ended
Apr. 30, 2016
Stock Repurchase Program [Abstract]  
Stock repurchase program
The table below provides, for the periods indicated, information about our share repurchase programs:
 
Six months ended April 30,
 
Three months ended April 30,
 
2016
 
2015
 
2016
 
2015
Number of shares purchased (in thousands)
7,707

 
211

 
2,938

 
10

Average price per share
$
29.88

 
$
31.40

 
$
27.27

 
$
37.83

Remaining authorization at April 30 (in thousands)
10,827

 
19,989

 
10,827

 
19,989


Subsequent to April 30, 2016, we repurchased, under the December 2014 repurchase program, approximately 1.8 million shares of our common stock at an average price of $26.50 per share.
Effective May 23, 2016, our Board of Directors authorized the repurchase of 20 million shares of our common stock in open market transactions or otherwise for general corporate purposes, including to obtain shares for the Company’s equity award and other employee benefit plans. The Board of Directors did not fix any expiration date for this repurchase program.