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EARNINGS PER SHARE | 3 Months Ended
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Jan. 29, 2017
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 29 |  | January 31 |
|  | 2017 |  | 2016 |
Net income attributable to Deere & Company |  | $ | 193.8 |  | $ | 254.4 |
Less income allocable to participating securities |  |  | .1 |  |  | .1 |
Income allocable to common stock |  | $ | 193.7 |  | $ | 254.3 |
Average shares outstanding |  |  | 316.7 |  |  | 316.4 |
Basic per share |  | $ | .61 |  | $ | .80 |
Average shares outstanding |  |  | 316.7 |  |  | 316.4 |
Effect of dilutive share-based compensation |  |  | 3.1 |  |  | 1.2 |
Total potential shares outstanding |  |  | 319.8 |  |  | 317.6 |
Diluted per share |  | $ | .61 |  | $ | .80 |
During the first quarter of 2017 and 2016, .2 million shares and 13.5 million shares, respectively, were excluded from the computation because the incremental shares would have been antidilutive.

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