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Employee Benefit Plans (Tables)
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12 Months Ended |
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Oct. 31, 2011
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| Employee Benefit Plans [Abstract] |
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| Restricted Stock Units |
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| Stock Options And Restricted Stock Units Under All Equity Plans (Except 2005 Directors Plan) |
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| Pretax Intrinsic Value Of Options Exercised |
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Year Ended October 31, |
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2011 |
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2010 |
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|
2009 |
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| |
|
(in thousands, except per share price) |
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|
Exercise value |
|
$ |
42,388 |
|
|
$ |
29,788 |
|
|
$ |
7,428 |
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|
Average exercise price per share |
|
$ |
20.53 |
|
|
$ |
18.16 |
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|
$ |
18.07 |
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| Stock Options Outstanding |
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Options Outstanding |
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Exercisable Options |
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Range of Exercise
Prices |
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Number Outstanding |
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Weighted-Average Remaining Contractual Life (In Years) |
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|
Weighted-Average Exercise Price |
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Number Exercisable |
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Weighted-Average Exercise Price |
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(in thousands) |
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(in thousands) |
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$ 4.95 - $17.64 |
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2,285 |
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|
|
2.49 |
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|
$ |
16.15 |
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|
|
1,941 |
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|
$ |
16.26 |
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$17.70 - $20.46 |
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|
1,691 |
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|
|
1.80 |
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|
$ |
18.94 |
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|
|
1,526 |
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|
$ |
18.90 |
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$20.52 - $21.10 |
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2,629 |
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|
|
2.31 |
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|
$ |
20.96 |
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|
|
2,167 |
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|
$ |
20.95 |
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$21.12 - $22.96 |
|
|
1,620 |
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|
|
3.79 |
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|
$ |
21.61 |
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|
|
916 |
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|
$ |
21.87 |
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$23.09 - $24.70 |
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1,630 |
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|
4.03 |
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$ |
23.60 |
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|
1,035 |
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$ |
23.69 |
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$24.92 - $26.17 |
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2,118 |
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|
2.05 |
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$ |
25.87 |
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|
2,042 |
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$ |
25.89 |
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$26.19 - $27.01 |
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1,959 |
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|
5.84 |
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$ |
26.79 |
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|
429 |
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$ |
26.66 |
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$27.04 - $39.81 |
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2,028 |
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|
2.03 |
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$ |
28.81 |
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1,995 |
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$ |
28.83 |
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15,960 |
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2.97 |
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$ |
22.76 |
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|
12,051 |
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$ |
22.59 |
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| Summary Of Restricted Stock Award Activities Under The 2005 Director Plan |
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Restricted Shares |
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Weighted- Average Grant Date Fair Value |
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(in thousands) |
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Unvested at October 31, 2010 |
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|
57 |
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|
$ |
21.33 |
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|
Granted |
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27 |
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$ |
27.50 |
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Vested |
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(30 |
) |
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$ |
20.83 |
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Forfeited |
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— |
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$ |
— |
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Unvested at October 31, 2011 |
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54 |
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$ |
24.73 |
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| Stock Option Plans And Stock Purchase Rights Granted Under The ESPP |
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Year Ended October 31, |
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|
2011 |
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2010 |
|
2009 |
|
Stock Options |
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|
|
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|
Expected life (in years) |
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4.8 |
|
3.65 - 5.73 |
|
4.60 |
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Risk-free interest rate |
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0.96% - 2.28% |
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1.08% - 2.57% |
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1.43% - 2.43% |
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Volatility |
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26.96% - 30.30% |
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26.92% - 30.76% |
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31.28% - 44.86% |
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Weighted average estimated fair value |
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$7.04 |
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$7.10 |
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$6.66 |
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ESPP |
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Expected life (in years) |
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0.5 - 2.0 |
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0.5 - 2.0 |
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0.5 - 2.0 |
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Risk-free interest rate |
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0.09% - 0.68% |
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0.18% - 0.78% |
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0.32% - 0.94% |
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Volatility |
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19.48% - 27.08% |
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22.4% - 31.27% |
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30.93% - 45.14% |
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Weighted average estimated fair value |
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$6.82 |
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$6.16 |
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$3.37 | |
| Stock Compensation Expense |
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Year Ended October 31, |
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2011 |
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2010 |
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|
2009 |
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(in thousands) |
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Cost of license |
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$ |
5,658 |
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$ |
6,497 |
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$ |
6,649 |
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|
Cost of maintenance and service |
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|
1,416 |
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|
1,908 |
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|
2,166 |
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Research and development expense |
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|
26,747 |
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26,551 |
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24,222 |
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Sales and marketing expense |
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|
11,068 |
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12,372 |
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|
12,231 |
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General and administrative expense |
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11,525 |
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12,660 |
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|
11,666 |
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Stock compensation expense before taxes |
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|
56,414 |
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|
59,988 |
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|
56,934 |
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Income tax benefit |
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|
(14,798 |
) |
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(14,525 |
) |
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(12,862 |
) |
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Stock compensation expense after taxes |
|
$ |
41,616 |
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$ |
45,463 |
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$ |
44,072 |
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| Deferred Plan Assets And Liabilities |
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| Summary Of Impact Of The Deferred Plan |
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|
Year Ended October 31, |
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| |
|
2011 |
|
|
2010 |
|
|
2009 |
|
| |
|
(in thousands) |
|
|
Increase (reduction) to cost of revenue and operating expense |
|
$ |
2,449 |
|
|
$ |
9,426 |
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|
$ |
8,957 |
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|
Other income (expense), net |
|
|
2,449 |
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|
|
8,810 |
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|
9,969 |
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Net increase (decrease) to net income |
|
$ |
- |
|
|
$ |
(616 |
) |
|
$ |
1,012 |
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