Earnings Per Share Information

9 Months Ended

Jul. 31, 2020

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,
	2020		2019		2020		2019
Numerator:
Net income as reported	$	247,307	$	387,692	$	114,761	$	146,318
Denominator:
Basic weighted-average shares	131,024		146,041		126,722		144,750
Common stock equivalents (1)	1,008		1,438		677		1,525
Diluted weighted-average shares	132,032		147,479		127,399		146,275
Other information:
Weighted-average number of antidilutive options and restricted stock units (2)	2,761		1,378		3,640		754
Shares issued under stock incentive and employee stock purchase plans	950		860		342		205

(1) 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.

(2) 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.