Earnings Per Share Information

6 Months Ended

Apr. 30, 2022

Earnings Per Share [Abstract]

Earnings 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):

	Three months ended April 30,				Six months ended April 30,
	2022		2021		2022		2021
Numerator:
Net income as reported	$	220,593	$	127,866	$	372,497	$	224,365
Denominator:
Basic weighted-average shares	117,839		124,295		119,418		125,177
Common stock equivalents (1)	1,086		1,704		1,473		1,603
Diluted weighted-average shares	118,925		125,999		120,891		126,780
Other information:
Weighted-average number of antidilutive options and restricted stock units (2)	214		36		209		311
Shares issued under stock incentive and employee stock purchase plans	17		418		424		874

(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.