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Net Income per Share
3 Months Ended
Jan. 31, 2015
Earnings Per Share [Abstract]  
Net Income per Share
Net Income per Share
The Company computes basic net income per share by dividing net income available to common stockholders by the weighted-average number of common shares outstanding during the period. Diluted net income per share reflects the dilution from potential common shares outstanding, such as stock options and unvested restricted stock units and awards, during the period using the treasury stock method.
The table below reconciles the weighted-average common shares used to calculate basic net income per share with the weighted-average common shares used to calculate diluted net income per share:
 
Three Months Ended 
 January 31,
 
2015
 
2014
 
(in thousands)
Numerator:
 
 
 
Net income
$
65,189

 
$
67,696

Denominator:
 
 
 
Weighted-average common shares for basic net income per share
154,458

 
154,066

Dilutive effect of potential common shares from equity-based compensation
2,748

 
2,690

Weighted-average common shares for diluted net income per share
157,206

 
156,756

Net income per share:
 
 
 
Basic
$
0.42

 
$
0.44

Diluted
$
0.41

 
$
0.43

Anti-dilutive employee stock-based awards excluded(1)
2,440

 
1,378


(1)
These stock options and unvested restricted stock units and restricted stock awards were anti-dilutive for the respective periods and are excluded in calculating diluted net income per share. While such awards were antidilutive for the respective periods, they could be dilutive in the future.