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): | | | | | | | | | | | | | | | | | | | | Six months ended April 30, | | Three months ended April 30, | | | 2018 | | 2017 | | 2018 | | 2017 | Numerator: | | | | | | | | | Net income as reported | | $ | 243,917 |
| | $ | 195,054 |
| | $ | 111,810 |
| | $ | 124,638 |
| Plus interest and costs attributable to 0.5% Exchangeable Senior Notes, net of income tax benefit (a) | |
|
| | 769 |
| |
|
| | 385 |
| Numerator for diluted earnings per share | | $ | 243,917 |
| | $ | 195,823 |
| | $ | 111,810 |
| | $ | 125,023 |
| | | | | | | | | | Denominator: | | | | | | | | | Basic weighted-average shares | | 154,306 |
| | 163,040 |
| | 152,731 |
| | 163,492 |
| Common stock equivalents (b) | | 2,707 |
| | 2,011 |
| | 2,398 |
| | 2,051 |
| Shares attributable to 0.5% Exchangeable Senior Notes (a) | |
|
| | 5,859 |
| |
|
| | 5,860 |
| Diluted weighted-average shares | | 157,013 |
| | 170,910 |
| | 155,129 |
| | 171,403 |
| | | | | | | | | | Other information: | | | | | | | | | Weighted-average number of antidilutive options and restricted stock units (c) | | 823 |
| | 3,535 |
| | 278 |
| | 1,865 |
| Shares issued under stock incentive and employee stock purchase plans | | 880 |
| | 1,974 |
| | 57 |
| | 694 |
|
| | (a) | On September 15, 2017, we redeemed these notes for cash. |
| | (b) | 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 upon the conversion of restricted stock units under our equity award programs. |
| | (c) | Weighted-average number of antidilutive options and restricted stock units are based upon the average closing price of our common stock on the New York Stock Exchange for the period. |
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