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Stock-Based Compensation Plans (Tables) | 12 Months Ended
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Oct. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Schedule of compensation costs related to stock-based awards | ompensation costs related to stock-based awards were as follows (in thousands):
Fiscal Years Ended October 31 |  | 2019 |  | 2018 |  | 2017
Unrestricted common stock awards |  | $ | 592 |  |  | $ | 530 |  |  | $ | 538 |
Stock option awards |  | 6,537 |  |  | 5,006 |  |  | 5,496 |
Restricted stock units |  | 3,230 |  |  | 2,997 |  |  | 2,300 |
Performance share awards |  | 3,070 |  |  | 3,628 |  |  | 5,183 |
Total compensation cost for stock-based awards |  | $ | 13,429 |  |  | $ | 12,161 |  |  | $ | 13,517 |
Related tax benefit from stock-based awards |  | $ | 3,200 |  |  | $ | 2,905 |  |  | $ | 5,001 |
Schedule of stock options activity | The table below presents stock option activity for fiscal 2019:
|  | Stock Option Awards |  | Weighted-Average Exercise Price |  | Weighted-Average Contractual Life (years) |  | Aggregate Intrinsic Value (in thousands)
Outstanding as of October 31, 2018 |  | 3,738,604 |  |  | $ | 34.01 |  |  | 5.0 |  | $ | 87,470 |
Granted |  | 507,028 |  |  | 58.62 |  |  |  |  |  |
Exercised |  | (1,388,044 | ) |  | 21.66 |  |  | ​ |  |
Canceled/forfeited |  | (9,468 | ) |  | 55.24 |  |  |  |  |  |
Outstanding as of October 31, 2019 |  | 2,848,120 |  |  | $ | 44.34 |  |  | 5.7 |  | $ | 93,392 |
Exercisable as of October 31, 2019 |  | 1,861,173 |  |  | $ | 35.98 |  |  | 4.4 |  | $ | 76,592 |
Schedule of total market value and the intrinsic value of options exercised | The table below presents the total market value of stock options exercised and the total intrinsic value of options exercised during the following fiscal years (in thousands):
Fiscal Years Ended October 31 |  | 2019 |  | 2018 |  | 2017
Market value of stock options exercised |  | $ | 92,352 |  |  | $ | 70,775 |  |  | $ | 58,976 |
Intrinsic value of options exercised 1 |  | $ | 62,288 |  |  | $ | 53,778 |  |  | $ | 48,017 |
1 Intrinsic value is calculated as the amount by which the stock price at exercise date exceeded the option exercise price.
Schedule of weighted-average valuation assumptions of stock-based compensation | The table below illustrates the weighted-average valuation assumptions for options granted in the following fiscal periods:
Fiscal Years Ended October 31 |  | 2019 |  | 2018 |  | 2017
Expected life of option in years |  | 6.31 |  |  | 6.04 |  |  | 6.02 |
Expected stock price volatility |  | 19.83 | % |  | 20.58 | % |  | 22.15 | %
Risk-free interest rate |  | 2.77 | % |  | 2.21 | % |  | 2.03 | %
Expected dividend yield |  | 1.18 | % |  | 0.97 | % |  | 1.01 | %
Per share weighted-average fair value at date of grant |  | $ | 12.83 |  |  | $ | 14.25 |  |  | $ | 12.55 |
Schedule of restricted stock and restricted stock unit awards granted | Factors related to the company's restricted stock unit awards are as follows (in thousands, except per award data):
Fiscal Years Ended October 31 |  | 2019 |  | 2018 |  | 2017
Weighted-average per award fair value at date of grant |  | $ | 66.26 |  |  | $ | 63.24 |  |  | $ | 66.09 |
Fair value of restricted stock units vested |  | $ | 3,083 |  |  | $ | 4,888 |  |  | $ | 3,604 |
Schedule of unvested restricted stock shares and the weighted average fair value at the date of grant | The table below summarizes the activity during fiscal 2019 for unvested restricted stock units:
|  | Restricted Stock Units |  | Weighted-Average Fair Value at Date of Grant
Unvested as of October 31, 2018 |  | 99,554 |  |  | $ | 59.15 |
Granted |  | 76,496 |  |  | 66.26 |
Vested |  | (47,357 | ) |  | 54.38 |
Forfeited |  | (4,226 | ) |  | 58.94 |
Unvested as of October 31, 2019 |  | 124,467 |  |  | $ | 65.30 |
Schedule of performance share awards granted | Factors related to the company's performance share awards are as follows (in thousands, except per award data):
Fiscal Years Ended October 31 |  | 2019 |  | 2018 |  | 2017
Weighted-average per award fair value at date of grant |  | $ | 59.58 |  |  | $ | 65.40 |  |  | $ | 54.52 |
Fair value of performance share awards vested |  | $ | 6,300 |  |  | $ | 8,419 |  |  | $ | 7,018 |
Schedule of unvested performance share awards and the weighted average fair value at the date of grant | The table below summarizes the activity during fiscal 2019 for unvested performance share awards:
|  | Performance Shares |  | Weighted-Average Fair Value at Date of Grant
Unvested as of October 31, 2018 |  | 221,392 |  |  | $ | 50.96 |
Granted |  | 69,600 |  |  | 59.58 |
Vested |  | (91,803 | ) |  | 38.89 |
Canceled/forfeited |  | (6,335 | ) |  | 61.34 |
Unvested as of October 31, 2019 |  | 192,854 |  |  | $ | 59.47 |

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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=109197908&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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
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