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Stock Repurchase Program | 9 Months Ended
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Jul. 31, 2021
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 approved a replenishment of the stock repurchase program to $500.0 million on June 17, 2021. As of July 31, 2021, $325.0 million remained available for future repurchases under the program. In June 2021, the Company entered into an accelerated share repurchase agreement (the June 2021 ASR) to repurchase an aggregate of $175.0 million of the Company's common stock. Pursuant to the June 2021 ASR, the Company made a prepayment of $175.0 million to receive initial deliveries of shares valued at $140.0 million. The remaining balance of $35.0 million was settled in August 2021. Total shares purchased under the June 2021 ASR were approximately 0.6 million shares, at an average purchase price of $282.13 per share. Stock repurchase activities as well as the reissuance of treasury stock for employee stock-based compensation purposes are as follows:
| Three Months Ended July 31, |  | Nine Months Ended July 31,
| 2021(1) |  | 2020(2) |  | 2021(1) |  | 2020(2)
| (in thousands)
Total shares repurchased | 521 |  |  | 149 |  |  | 2,114 |  |  | 1,380 |
Total cost of the repurchased shares | $ | 140,000 |  |  | $ | 20,000 |  |  | $ | 538,082 |  |  | $ | 200,000 |
Reissuance of treasury stock | 564 |  |  | 999 |  |  | 2,093 |  |  | 2,807 |
(1) Do es not include the 99,573 shares and $35.0 million equity forward contract from the June 2021 ASR. (2) The third quarter of fiscal 2020 includes the settlement of the 148,953 shares and $20.0 million equity forward contract from the February 2020 ASR settled in May 2020.

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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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