Earnings Per Share Information (Tables)

6 Months Ended

Apr. 30, 2021

Earnings Per Share [Abstract]

Income per share calculation

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):

	Three months ended April 30,				Six months ended April 30,
	2021		2020		2021		2020
Numerator:
Net income as reported	$	127,866	$	75,670	$	224,365	$	132,546
Denominator:
Basic weighted-average shares	124,295		128,205		125,177		133,175
Common stock equivalents (1)	1,704		604		1,603		1,174
Diluted weighted-average shares	125,999		128,809		126,780		134,349
Other information:
Weighted-average number of antidilutive options and restricted stock units (2)	36		3,967		311		2,321
Shares issued under stock incentive and employee stock purchase plans	418		60		874		608

(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.