|
STOCK-BASED COMPENSATION PLANS (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
|
12 Months Ended |
|
Oct. 31, 2011
|
Oct. 31, 2010
|
Oct. 31, 2009
|
| Stock-Based Compensation |
|
|
|
| Total compensation cost for stock-based awards |
$ 8,533 |
$ 6,442 |
$ 4,116 |
| Tax benefit realized for tax deductions from stock-based awards |
4,469 |
4,933 |
8,490 |
| Common stock available for future grants (in shares) |
2,498,262 |
|
|
|
Stock Option Awards
|
|
|
|
| Stock-Based Compensation |
|
|
|
| Total compensation cost for stock-based awards |
4,654 |
4,117 |
3,531 |
| Frequency of grants |
On an annual basis in the first quarter of the company's fiscal year |
|
|
| Portion of stock-based award that generally vest per year for employees and non-employee directors |
one-third |
|
|
| Award vesting period (in years) |
3Y |
|
|
| Term of award (in years) |
ten years |
|
|
| Stock option awards |
|
|
|
| Outstanding at the beginning of the period (in shares) |
2,093,234 |
|
|
| Granted (in shares) |
235,739 |
|
|
| Exercised (in shares) |
(425,557) |
|
|
| Cancelled (in shares) |
(21,724) |
|
|
| Outstanding at the end of the period (in shares) |
1,881,692 |
2,093,234 |
|
| Exercisable at the end of the period (in shares) |
1,283,862 |
|
|
| Stock options, weighted-average exercise price |
|
|
|
| Outstanding at the beginning of the period (in dollars per share) |
$ 37.91 |
|
|
| Granted (in dollars per share) |
$ 62.89 |
|
|
| Exercised (in dollars per share) |
$ 33.27 |
|
|
| Cancelled (in dollars per share) |
$ 60.13 |
|
|
| Outstanding at the end of the period (in dollars per share) |
$ 41.83 |
$ 37.91 |
|
| Exercisable at the end of the period (in dollars per share) |
$ 39.78 |
|
|
| Stock options, weighted-average contractual life (in years) |
|
|
|
| Outstanding at the beginning of the period (in years) |
5.4 |
|
|
| Outstanding at the end of the period (in years) |
5.6 |
5.4 |
|
| Exercisable at the end of the period (in years) |
4.4 |
|
|
| Aggregate intrinsic value |
|
|
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| Outstanding at the beginning of the period |
39,461 |
|
|
| Outstanding at the end of the period |
25,117 |
39,461 |
|
| Exercisable at the end of the period |
18,543 |
|
|
| Other stock-based compensation plan disclosures |
|
|
|
| Total unrecognized compensation cost related to unvested awards |
1,595 |
|
|
| Weighted-average period for recognition of compensation cost related to unvested awards (in years) |
1.8 |
|
|
| Total market value, intrinsic value and fair value of stock options exercised and vested |
|
|
|
| Market value of stock options exercised |
25,592 |
24,588 |
31,774 |
| Intrinsic value of options exercised |
11,434 |
8,198 |
18,394 |
| Valuation assumptions of stock-based compensation |
|
|
|
| Expected life of option (in years) |
6 |
6 |
6 |
| Expected volatility, low end of range (as a percent) |
33.34% |
33.00% |
|
| Expected volatility, high end of range (as a percent) |
33.43% |
33.10% |
|
| Expected volatility (as a percent) |
|
|
30.60% |
| Weighted-average volatility (as a percent) |
33.42% |
33.00% |
30.60% |
| Risk-free interest rate, low end of range (as a percent) |
1.72% |
2.51% |
2.26% |
| Risk-free interest rate, high end of range (as a percent) |
2.36% |
2.87% |
3.16% |
| Expected dividend yield, low end of range (as a percent) |
1.04% |
1.52% |
1.53% |
| Expected dividend yield, high end of range (as a percent) |
1.16% |
1.68% |
1.81% |
| Weighted-average dividend yield (as a percent) |
1.05% |
1.54% |
1.79% |
| Grant date weighted-average fair value (in dollars per share) |
$ 20.30 |
$ 12.33 |
$ 7.93 |
|
Restricted Stock Awards
|
|
|
|
| Stock-Based Compensation |
|
|
|
| Total compensation cost for stock-based awards |
699 |
68 |
4 |
| Award vesting period (in years) |
3Y |
|
|
| Other stock-based compensation plan disclosures |
|
|
|
| Total unrecognized compensation cost related to unvested awards |
1,947 |
|
|
| Weighted-average period for recognition of compensation cost related to unvested awards (in years) |
2.6 |
|
|
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Performance Share Awards
|
|
|
|
| Stock-Based Compensation |
|
|
|
| Total compensation cost for stock-based awards |
3,180 |
2,257 |
581 |
| Other stock-based compensation plan disclosures |
|
|
|
| Total unrecognized compensation cost related to unvested awards |
$ 4,473 |
|
|
| Weighted-average period for recognition of compensation cost related to unvested awards (in years) |
1.7 |
|
|
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Other option awards - key employees
|
|
|
|
| Stock-Based Compensation |
|
|
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| Award vesting period (in years) |
three-year anniversary of the grant date |
|
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| Term of award (in years) |
ten years |
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Other option awards - non-employee directors
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|
|
|
| Stock-Based Compensation |
|
|
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| Requisite service period for non-employee director based upon which fair value of options granted is expensed on the date of grant (in years) |
10 |
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