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EARNINGS PER SHARE | 3 Months Ended
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Jan. 31, 2016
EARNINGS PER SHARE |
EARNINGS PER SHARE | (6) A reconciliation of basic and diluted net income per share attributable to Deere & Company follows in millions, except per share amounts:
|  | Three Months Ended |
|  | January 31 |
|  | 2016 |  | 2015 |
Net income attributable to Deere & Company |  | $ | 254.4 |  | $ | 386.8 |
Less income allocable to participating securities |  |  | .1 |  |  | .1 |
Income allocable to common stock |  | $ | 254.3 |  | $ | 386.7 |
Average shares outstanding |  |  | 316.4 |  |  | 343.1 |
Basic per share |  | $ | .80 |  | $ | 1.13 |
Average shares outstanding |  |  | 316.4 |  |  | 343.1 |
Effect of dilutive share-based compensation |  |  | 1.2 |  |  | 2.6 |
Total potential shares outstanding |  |  | 317.6 |  |  | 345.7 |
Diluted per share |  | $ | .80 |  | $ | 1.12 |
During the first quarter of 2016 and 2015, 13.5 million shares and 3.0 million shares, respectively, were excluded from the computation because the incremental shares under the treasury stock method would have been antidilutive.

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