Earnings Per Share Information (Tables)

6 Months Ended

Apr. 30, 2024

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,
	2024		2023		2024		2023
Numerator:
Net income as reported	$	481,617	$	320,216	$	721,175	$	511,746
Denominator:
Basic weighted-average shares	104,794		111,214		104,958		111,306
Common stock equivalents (1)	1,009		970		1,076		954
Diluted weighted-average shares	105,803		112,184		106,034		112,260
Other information:
Weighted-average number of antidilutive options and restricted stock units (2)	7		168		72		334
Shares issued under stock incentive and employee stock purchase plans	154		103		675		1,437

(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.