| Schedule of Stock Compensation Arrangements |
The compensation cost recognized in the condensed consolidated statements of income for our stock compensation arrangements is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended April 30, | | Six Months Ended April 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | | (in thousands) | | Cost of products | $ | 18,506 | | | $ | 23,050 | | | $ | 38,479 | | | $ | 43,527 | | | Cost of maintenance and service | 11,411 | | | 9,502 | | | 24,551 | | | 18,493 | | | Research and development expense | 110,694 | | | 109,717 | | | 233,909 | | | 212,413 | | | Sales and marketing expense | 51,150 | | | 36,700 | | | 111,717 | | | 71,650 | | | General and administrative expense | 30,542 | | | 22,754 | | | 72,371 | | | 42,103 | | Stock-based compensation expense before taxes | 222,303 | | | 201,723 | | | 481,027 | | | 388,186 | | | Income tax benefit | (33,768) | | | (32,659) | | | (73,068) | | | (62,847) | | | Stock-based compensation expense after taxes | $ | 188,535 | | | $ | 169,064 | | | $ | 407,959 | | | $ | 325,339 | |
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| Schedule of Share-Based Payment Award, Restricted Stock Units, Valuation Assumptions |
The grant date fair value of the market-based RSUs and the assumptions used in the Monte Carlo simulation model to determine the grant date fair value during the periods are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended April 30, | | Six Months Ended April 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | Expected life (in years) | 1.67 | | 2.67 | | 1.67 - 2.87 | | 2.67 - 2.79 | | Risk-free interest rate | 3.38 | % | | 3.90 | % | | 3.38% - 3.48% | | 3.90% - 4.39% | | Volatility | 55.12 | % | | 33.40 | % | | 44.90% - 55.12% | | 33.40% - 34.72% | Weighted average grant date fair value per share | $322.60 | | $409.94 | | $454.13 | | $458.66 |
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| Schedule of Intrinsic Value of Equity Awards Exercised |
The intrinsic values of equity awards exercised during the periods are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended April 30, | | Six Months Ended April 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | | (in thousands) | | Intrinsic value of awards exercised | $ | 14,240 | | | $ | 34,479 | | | $ | 24,602 | | | $ | 54,837 | |
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