Net Income per Common Share (Tables)
 6 Months Ended
Apr. 30, 2012
Calculation of Basic and Diluted Net Income Per Common Share

The calculation of basic and diluted net income per common share is as follows:

 

     Three Months Ended
April 30,		     Six Months Ended
April 30,		  

(in thousands, except per share data)

    2012     2011     2012     2011  

Income from continuing operations

    $ 11,747      $ 14,200      $ 22,387      $ 22,605   

Loss from discontinued operations, net of taxes

      (35 )      (8 )      (45 )      (24 ) 
  

 

 

    

 

 

    

 

 

    

 

 

  

Net income

    $ 11,712      $ 14,192      $ 22,342      $ 22,581   
  

 

 

    

 

 

    

 

 

    

 

 

  

Weighted-average common shares outstanding—Basic

      53,944        53,106        53,721        52,972   

Effect of dilutive securities:

         

Stock options

      402        568        358        577   

Restricted stock units

      358        273        369        285   

Performance shares

      259        212        280        192   
  

 

 

    

 

 

    

 

 

    

 

 

  

Weighted-average common shares outstanding—Diluted

      54,963        54,159        54,728        54,026   
  

 

 

    

 

 

    

 

 

    

 

 

  

Net income per common share

         

Basic

    $ 0.22      $ 0.27      $ 0.42      $ 0.43   

Diluted

    $ 0.21      $ 0.26      $ 0.41      $ 0.42   
Antidilutive Shares Excluded from Calculation of Net Income Per Common Share

The diluted net income per common share excludes certain stock options, restricted stock units, and performance shares since the effect of including these awards would have been anti-dilutive, as follows:

 

     Three Months Ended
April 30,		      Six Months Ended
April 30,		  

(in thousands)

    2012      2011      2012      2011  

Stock options

      825         733         1,092         689   

Restricted stock units

      21         18         63         19   

Performance shares

      —           —           —           34