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Stock Repurchase Program | 6 Months Ended
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Apr. 30, 2019
Stock Repurchase Program [Abstract] |
Stock Repurchase Program | Stock Repurchase Program The Company’s Board of Directors (the Board) previously approved a stock repurchase program pursuant to which the Company was authorized to purchase up to $500.0 million of its common stock, and has periodically replenished the stock repurchase program to such amount. The Board replenished the stock repurchase program up to $500.0 million on April 5, 2018. The program does not obligate the Company to acquire any particular amount of common stock, and the program may be suspended or terminated at any time by the Company's Chief Financial Officer or the Board. The Company repurchases shares to offset dilution caused by ongoing stock issuances from existing equity plans for equity compensation awards and issuances related to acquisitions, and when management believes it is a good use of cash. Repurchases are transacted in accordance with Rule 10b-18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), and may be made through any means including, but not limited to, open market purchases, plans executed under Rule 10b5-1(c) of the Exchange Act and structured transactions. As of April 30, 2019, $195.8 million remained available for further repurchases under the program. In February 2019, the Company entered into an accelerated share repurchase agreement (the February 2019 ASR) to repurchase an aggregate of $100.0 million of the Company’s common stock. Pursuant to the February 2019 ASR, the Company made a prepayment of $100.0 million and received initial share deliveries valued at $80.0 million. The remaining balance of $20.0 million was settled in May 2019. Total shares repurchased under the February 2019 ASR were approximately 0.9 million shares, at an average purchase price of $114.01 per share. Stock repurchase activities are as follows:
| Three Months Ended April 30, |  | Six Months Ended April 30,
| 2019 (1) |  | 2018 |  | 2019 (1) |  | 2018
| (in thousands)
Total shares repurchased(2)(3) | 780 |  |  | 916 |  |  | 1,126 |  |  | 2,902 |
Total cost of the repurchased shares (3) | $ | 80,000 |  |  | $ | 75,000 |  |  | $ | 109,185 |  |  | $ | 255,000 |
Reissuance of treasury stock | 1,486 |  |  | 924 |  |  | 1,843 |  |  | 1,419 |
(1) | Does not include the 97,601 shares and $20.0 million equity forward contract, respectively, from the February 2019 ASR settled in May 2019.
(2) | The first quarter of fiscal 2018 includes the settlement of the $20.0 million equity forward contract related to the Company's accelerated share repurchase agreement entered into in September 2017.
(3) The Company also repurchased 0.4 million shares at an average price of $82.61 per share, for an aggregate purchase price of $35.0 million during the second quarter of fiscal 2018.

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- Definition Stock Repurchase Program + References No definition available. + Details
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- Definition The entire disclosure for treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -URI http://asc.fasb.org/subtopic&trid=2208821 + Details
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