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Earnings Per Share Information (Tables)
12 Months Ended
Oct. 31, 2024
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, 2024, 2023, and 2022, is as follows (amounts in thousands):
202420232022
Numerator:
Net income as reported$1,571,195 $1,372,071 $1,286,500 
Denominator:
Basic weighted-average shares103,653 110,020 116,771 
Common stock equivalents (1)
1,037 988 1,204 
Diluted weighted-average shares104,690 111,008 117,975 
Other information:
Weighted-average number of antidilutive options and restricted stock units (2)
39 200 410 
Shares issued under stock incentive and employee stock purchase plans910 2,026 507 
(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.