XML 47 R35.htm IDEA: XBRL DOCUMENT v3.19.2
Net Income per Share (Tables)
 9 Months Ended
Jul. 31, 2019
Earnings Per Share [Abstract]  
Reconciliation of Weighted-Average Common Shares Used to Calculate Net Income Per Share
The table below reconciles the weighted-average common shares used to calculate basic net income per share with the weighted-average common shares used to calculate diluted net income per share:
 
Three Months Ended 
 July 31,
 
Nine Months Ended 
 July 31,
 
2019
 
2018
 
2019
 
2018
 
(in thousands, except per share amounts)
Numerator:
 
 
 
 
 
 
 
Net income
$
99,929

 
$
79,409

 
$
371,653

 
$
178,190

Denominator:
 
 
 
 
 
 
 
Weighted-average common shares for basic net income per share
150,123

 
148,490

 
149,708

 
148,760

Dilutive effect of potential common shares from equity-based compensation
4,477

 
4,124

 
4,151

 
4,358

Weighted-average common shares for diluted net income per share
154,600

 
152,614

 
153,859

 
153,118

Net income per share:
 
 
 
 
 
 
 
Basic
$
0.67

 
$
0.53

 
$
2.48

 
$
1.20

Diluted
$
0.65

 
$
0.52

 
$
2.42

 
$
1.16

Anti-dilutive employee stock-based awards excluded(1)
152

 
1,063

 
798

 
774


(1)
These employee stock-based awards were anti-dilutive for the respective periods and are excluded in calculating diluted net income per share. While such awards were anti-dilutive for the respective periods, they could be dilutive in the future.