Note 6. Earnings Per Share | | | | | | | | | | | | | | | | | Periods Ended January 31, | Three Months | | | | (In millions, except per share amounts) | 2026 | | 2025 | | | | | | Net income | $ | 130.8 | | | $ | 104.3 | | | | | | | Basic: | | | | | | | | | Weighted-average common shares | 195.8 | | | 199.7 | | | | | | | Basic earnings per share | $ | 0.67 | | | $ | 0.52 | | | | | | | Diluted: | | | | | | | | | Weighted-average common shares | 195.8 | | | 199.7 | | | | | | | Effect of dilutive stock plans | 0.9 | | | 1.5 | | | | | | | Diluted weighted-average common shares | 196.7 | | | 201.2 | | | | | | | Diluted earnings per share | $ | 0.66 | | | $ | 0.52 | | | | | |
The following table sets forth stock options to purchase our common stock and restricted stock units that were not included in the diluted earnings per share calculation because their effect would have been antidilutive for the periods presented: | | | | | | | | | | | | | | | | | Periods Ended January 31, | Three Months | | | | (In thousands, except exercise prices) | 2026 | | 2025 | | | | | | Stock option shares excluded | 1,481 | | | 784 | | | | | | | Exercise prices | $78.51 - $101.54 | | $82.46 - $101.54 | | | | | | Restricted stock units excluded | 350 | | | 2 | | | | | |
|