Earnings Per Share Information (Tables)

12 Months Ended

Oct. 31, 2022

Earnings Per Share [Abstract]

Calculation of income per share

Information pertaining to the calculation of earnings per share for each of the fiscal years ended October 31, 2022, 2021, and 2020, is as follows (amounts in thousands):

	2022		2021		2020
Numerator:
Net income as reported	$	1,286,500	$	833,627	$	446,624
Denominator:
Basic weighted-average shares	116,771		124,100		130,095
Common stock equivalents (1)	1,204		1,707		1,152
Diluted weighted-average shares	117,975		125,807		131,247
Other information:
Weighted-average number of antidilutive options and restricted stock units (2)	410		166		2,141
Shares issued under stock incentive and employee stock purchase plans	507		1,011		1,541

(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 under our restricted stock units programs.

(2)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.