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Earnings Per Share (Tables)
3 Months Ended
Jan. 31, 2014
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per share
The following table sets forth the computation of basic and diluted earnings per share:
 
Quarter Ended
In thousands, except per share amounts
January 31,
2014
 
January 25,
2013
Numerator:
 
 
 
Income from continuing operations
$
48,861

 
$
142,139

Loss from discontinued operations, net of income taxes

 
(2
)
Net income
$
48,861

 
$
142,137

Denominator:
 
 
 
Weighted average shares outstanding
101,796

 
106,242

Dilutive effect of stock options, performance shares and restricted stock units
871

 
995

Weighted average shares outstanding assuming dilution
102,667

 
107,237

Basic earnings per share:
 
 
 
Income from continuing operations
$
0.48

 
$
1.34

Loss from discontinued operations

 

Net income
$
0.48

 
$
1.34

Diluted earnings per share:
 
 
 
Income from continuing operations
$
0.48

 
$
1.33

Loss from discontinued operations

 

Net income
$
0.48

 
$
1.33