Earnings Per Share Information

12 Months Ended

Oct. 31, 2020

Earnings Per Share Information

Information pertaining to the calculation of earnings per share for each of the fiscal years ended October 31, 2020, 2019, and 2018, is as follows (amounts in thousands):


	2020		2019		2018
Numerator:
Net income as reported	$	446,624	$	590,007	$	748,151



Denominator:
Basic weighted-average shares	130,095		145,008		151,984
Common stock equivalents (a)	1,152		1,493		2,217

Diluted weighted-average shares	131,247		146,501		154,201
Other information:
Weighted-average number of antidilutive options and restricted stock units (b)	2,141		1,156		813
Shares issued under stock incentive and employee stock purchase plans	1,541		1,394		1,066

(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 our restricted stock units programs.

(b)Weighted-average number of antidilutive options and restricted stock units are based upon the average of the average quarterly closing prices of our common stock on the NYSE for the year.