XML 50 R40.htm IDEA: XBRL DOCUMENT v3.24.0.1
Stock-Based Compensation (Tables)
3 Months Ended
Jan. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Compensation Arrangements
The compensation cost recognized in the condensed consolidated statements of income for our stock compensation arrangements is as follows:
 Three Months Ended 
 January 31,
 20242023
 (in thousands)
Cost of products$20,680 $16,029 
Cost of maintenance and service9,176 7,155 
Research and development expense94,888 69,231 
Sales and marketing expense35,353 24,907 
General and administrative expense20,555 16,905 
Stock-based compensation expense before taxes180,652 134,227 
Income tax benefit(29,410)(21,570)
Stock-based compensation expense after taxes$151,242 $112,657 
Schedule of Share-Based Payment Award, Restricted Stock Units, Valuation Assumptions The grant date fair value of the market-based RSUs and the assumptions used in the Monte Carlo simulation model to determine the grant date fair value during the periods were as follows:
 Three Months Ended 
 January 31,
 20242023
Expected life (in years)2.89 years0.90 years
Risk-free interest rate4.41 %4.63 %
Volatility34.03 %42.86 %
Grant date fair value$600.29 $408.55 
Schedule of Intrinsic Value of Equity Awards Exercised
The intrinsic values of equity awards exercised during the periods are as follows:
 Three Months Ended 
 January 31,
 20242023
 (in thousands)
Intrinsic value of awards exercised$27,855 $54,776