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Stock Repurchase Program
9 Months Ended
Jul. 31, 2016
Stock Repurchase Program [Abstract]  
Stockholders' Equity Note Disclosure [Text Block]
Stock Repurchase Program
On December 16, 2014, our Board of Directors authorized the repurchase of 20 million shares of our common stock in open market transactions or otherwise for the purpose of obtaining shares for the Company’s equity award and other employee benefit plans and for any other additional purpose or purposes as may be determined from time to time by the Board of Directors. Effective May 23, 2016, our Board of Directors terminated the December 2014 share repurchase program and authorized, under a new repurchase program, 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.
The table below provides, for the periods indicated, information about our share repurchase programs:
 
Nine months ended July 31,
 
Three months ended July 31,
 
2016
 
2015
 
2016
 
2015
Number of shares purchased (in thousands)
11,405

 
214

 
3,698

 
3

Average price per share
$
28.72

 
$
31.50

 
$
26.33

 
$
37.64

Remaining authorization at July 31 (in thousands)
18,085

 
19,986

 
18,085

 
19,986