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Earnings Per Share Information
9 Months Ended
Jul. 31, 2017
Earnings Per Share [Abstract]  
Income per Share Information
Earnings per Share Information
The table below provides, for the periods indicated, information pertaining to the calculation of earnings per share, common stock equivalents, weighted-average number of antidilutive options, and shares issued (amounts in thousands):
 
 
Nine months ended July 31,
 
Three months ended July 31,
 
 
2017
 
2016
 
2017
 
2016
Numerator:
 
 
 
 
 
 
 
 
Net income as reported
 
$
343,617

 
$
267,717

 
$
148,563

 
$
105,483

Plus interest and costs attributable to 0.5% Exchangeable Senior Notes, net of income tax benefit
 
1,147

 
1,165

 
378

 
388

Numerator for diluted earnings per share
 
$
344,764

 
$
268,882

 
$
148,941

 
$
105,871

 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
 
Basic weighted-average shares
 
163,186

 
169,692

 
163,478

 
165,919

Common stock equivalents (a)
 
2,077

 
1,853

 
2,210

 
1,628

Shares attributable to 0.5% Exchangeable Senior Notes
 
5,864

 
5,858

 
5,874

 
5,858

Diluted weighted-average shares
 
171,127

 
177,403

 
171,562

 
173,405

 
 
 
 
 
 
 
 
 
Other information:
 
 
 
 
 
 
 
 
Weighted-average number of antidilutive options and restricted stock units (b)
 
2,556

 
3,854

 
600

 
4,243

Shares issued under stock incentive and employee stock purchase plans
 
2,762

 
502

 
788

 
19

(a)
Common stock equivalents represent the dilutive effect of outstanding in-the-money stock options using the treasury stock method and shares expected to be issued under performance-based restricted stock units and nonperformance-based restricted stock units.
(b)
Weighted-average number of antidilutive options and restricted stock units are based upon the average closing price of our common stock on the NYSE for the period.
On August 15, 2017, we notified holders of our 0.5% Exchangeable Senior Notes that we will redeem all $287.5 million aggregate principal amount of such notes on September 15, 2017. Accordingly, subsequent to September 15, 2017, the above adjustments to our diluted earnings per share calculation, related to such notes, will be removed. See Note 5, “Loans Payable, Senior Notes, and Mortgage Company Loan Facility” for additional information.