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EARNINGS PER SHARE (Tables)
6 Months Ended
Apr. 30, 2014
Earnings Per Share

The following table presents earnings per share.

 

     For the three months ended  
     April 30, 2014     April 30, 2013  
     (in thousands except per share amounts)  

Net Income

   $ 50,988      $ 24,371   

Distributed and undistributed (earnings) to unvested restricted stock

     (1,390     (679
  

 

 

   

 

 

 

Distributed and undistributed earnings to common shareholders—Basic

   $ 49,598      $ 23,692   

Weighted average shares outstanding—Basic

     22,441        22,371   

Weighted average shares outstanding—Diluted

     22,441        22,371   

Earnings per common share—Basic

   $ 2.21      $ 1.06   

Earnings per common share—Diluted

   $ 2.21      $ 1.06   

 

     For the six months ended  
     April 30, 2014     April 30, 2013  
     (in thousands except per share amounts)  

Net Income

   $ 79,859      $ 17,428   

Distributed and undistributed (earnings) to unvested restricted stock

     (2,198   $ (501
  

 

 

   

 

 

 

Distributed and undistributed earnings to common shareholders—Basic

   $ 77,661      $ 16,927   

Weighted average shares outstanding—Basic

     22,432        22,343   

Weighted average shares outstanding—Diluted

     22,432        22,343   

Earnings per common share—Basic

   $ 3.46      $ 0.76   

Earnings per common share—Diluted

   $ 3.46      $ 0.76