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STOCK-BASED COMPENSATION (Tables) | 3 Months Ended
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Jan. 29, 2017
STOCK-BASED COMPENSATION |
Schedule of reconciliation of the number of options outstanding and exercisable | A reconciliation of the number of options outstanding and exercisable (in thousands) as of January 29, 2017, and changes during the quarter then ended, is as follows:
|  | Shares |  | Weighted- Average Exercise Price |  | Weighted- Average Remaining Contractual Term |  | Aggregate Intrinsic Value |
Outstanding at October 30, 2016 |  | 31,998 |  | $ 16.05 |  |  |  |  |
Granted |  | 2,083 |  | 33.31 |  |  |  |  |
Exercised |  | 2,025 |  | 9.90 |  |  |  |  |
Forfeited |  | 36 |  | 9.35 |  |  |  |  |
Outstanding at January 29, 2017 |  | 32,020 |  | 17.57 |  | 5.1 years |  | $ 598,602 |
Exercisable at January 29, 2017 |  | 25,384 |  | $ 14.14 |  | 4.3 years |  | $ 558,635 |
Schedule of weighted-average grant date fair value of stock options granted, and the total intrinsic value of options exercised | The weighted-average grant date fair value of stock options granted and the total intrinsic value of options exercised (in thousands) during the first quarter of fiscal years 2017 and 2016 are as follows:
|  | Three Months Ended |
|  | January 29, 2017 |  | January 24, 2016 |
Weighted-average grant date fair value |  | $ | 6.33 |  | $ | 7.71 |
Intrinsic value of exercised options |  | $ | 51,942 |  | $ | 58,052 |
Schedule of weighted-average assumptions used to calculate fair value of each option award |
|  | Three Months Ended |
|  | January 29, 2017 |  | January 24, 2016 |
Risk-free interest rate |  | 2.4% |  | 2.1% |
Dividend yield |  | 2.0% |  | 1.5% |
Stock price volatility |  | 19.0% |  | 19.0% |
Expected option life |  | 8 years |  | 8 years |
Schedule of stock-based compensation expense, along with the related income tax benefit |
|  | Three Months Ended |
(in thousands) |  | January 29, 2017 |  | January 24, 2016 |
Stock-based compensation expense recognized |  | $ | 7,240 |  | $ | 7,162 |
Income tax benefit recognized |  | (2,747) |  | (2,717) |
After-tax stock-based compensation expense |  | $ | 4,493 |  | $ | 4,445 |

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- Definition Tabular disclosure of the weighted-average grant-date fair value of stock options granted during the period, and total intrinsic value of options exercised in the period. + References No definition available. + Details
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- Definition Tabular disclosure of the amount of total share-based compensation cost, including the amounts attributable to each share-based compensation plan and any related tax benefits. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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