Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Oct. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data (Unaudited)
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
Basic and diluted net income per share are computed independently for each quarter presented. Therefore, the sum of quarterly basic and diluted net income per share information may not equal annual basic and diluted net income per share.
 
Fiscal Quarter
 
(in millions, except per share amounts)
First
 
Second
 
Third
 
Fourth
 
Year ended October 31, 2016
 
 
 
 
 
 
 
 
Revenues
$
1,268.4

 
$
1,257.1

 
$
1,296.9

 
$
1,322.3

 
Gross profit
122.0

 
124.7

 
130.4

 
144.1

 
Income from continuing operations
13.6

 
6.8

 
32.9

 
9.0

 
Net income (loss) from discontinued operations
0.4

 
(2.4
)
 
(1.8
)
 
(1.2
)
 
Net income
$
14.0

 
$
4.4

 
$
31.1

(1) 
$
7.8

(2) 
 
 
 
 
 
 
 
 
 
Net income per common share — Basic
 
 
 
 
 
 
 
 
Income from continuing operations
$
0.24

 
$
0.12

 
$
0.58

 
$
0.16

 
Income (loss) from discontinued operations
0.01

 
(0.04
)
 
(0.03
)
 
(0.02
)
 
Net income
$
0.25

 
$
0.08

 
$
0.55

 
$
0.14

 
 
 
 
 
 
 
 
 
 
Net income per common share — Diluted
 
 
 
 
 
 
 
 
Income from continuing operations
$
0.24

 
$
0.12

 
$
0.58

 
$
0.16

 
Income (loss) from discontinued operations
—

 
(0.04
)
 
(0.03
)
 
(0.02
)
 
Net income
$
0.24

 
$
0.08

 
$
0.55

(1) 
$
0.14

(2) 
 
 
 
 
 
 
 
 
 
Year ended October 31, 2015
 
 
 
 
 
 
 
 
Revenues
$
1,194.5

 
$
1,176.4

 
$
1,249.9

 
$
1,277.0

 
Gross profit
121.5

 
123.8

 
93.6

 
148.9

 
Income from continuing operations
14.3

 
16.0

 
1.2

 
22.6

 
Net income from discontinued operations
3.4

 
2.3

 
0.3

 
16.2

 
Net income
$
17.7

 
$
18.3

 
$
1.5

(3) 
$
38.8

(4) 
 
 
 
 
 
 
 
 
 
Net income per common share — Basic
 
 
 
 
 
 
 
 
Income from continuing operations
$
0.25

 
$
0.28

 
$
0.02

 
$
0.39

 
Income from discontinued operations
0.06

 
0.04

 
0.01

 
0.29

 
Net income
$
0.31

 
$
0.32

 
$
0.03

 
$
0.68

 
 
 
 
 
 
 
 
 
 
Net income per common share — Diluted
 
 
 
 
 
 
 
 
Income from continuing operations
$
0.25

 
$
0.28

 
$
0.02

 
$
0.39

 
Income from discontinued operations
0.06

 
0.04

 
0.01

 
0.29

 
Net income
$
0.31

 
$
0.32

 
$
0.03

(3) 
$
0.68

(4) 

(1) Includes a tax benefit of $19.0 million, or $0.33 per diluted share, related to a lapse of statutes of limitations.
(2) Includes goodwill and asset impairment charges of $22.5 million, or $0.40 per diluted share, associated with our held-for-sale Government Services business.
(3) Includes an unfavorable adjustment to our self-insurance reserves for prior year claims of $35.9 million, or $0.62 per diluted share.
(4) Reflects the after-tax gain on sale of our Security business of $14.4 million, or $0.25 per diluted share.