Stock Compensation

9 Months Ended

Jul. 31, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock Compensation

Stock Compensation

The compensation cost recognized in the unaudited condensed consolidated statements of operations for the Company’s stock compensation arrangements was as follows:

	Three Months Ended   July 31,						Nine Months Ended   July 31,
	2015			2014			2015			2014
	(in thousands)
Cost of license	$	2,463		$	2,176		$	6,673		$	5,952
Cost of maintenance and service	547			684			1,574			1,646
Research and development expense	11,955			10,126			32,432			28,037
Sales and marketing expense	5,268			4,696			13,573			12,394
General and administrative expense	3,672			3,717			10,517			10,312
Stock compensation expense before taxes	23,905			21,399			64,769			58,341
Income tax benefit	(5,637		)	(4,905		)	(15,273		)	(13,372		)
Stock compensation expense after taxes	$	18,268		$	16,494		$	49,496		$	44,969

As of July 31, 2015, there was $177.8 million of unamortized share-based compensation expense, which is expected to be amortized over a weighted-average period of approximately 2.7 years.

The intrinsic values of equity awards exercised during the periods are as follows:

	Three Months Ended   July 31,				Nine Months Ended   July 31,
	2015		2014		2015		2014
	(in thousands)
Intrinsic value of awards exercised	$	17,631	$	3,709	$	42,262	$	23,556