NET INCOME PER SHARE ATTRIBUTABLE TO HEICO SHAREHOLDERS

12 Months Ended

Oct. 31, 2012

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

NET INCOME PER SHARE ATTRIBUTABLE TO HEICO SHAREHOLDERS

The computation of basic and diluted net income per share attributable to HEICO shareholders is as follows (in thousands, except per share data):

	Year ended October 31,
	2012		2011		2010
Numerator:
Net income attributable to HEICO		$85,147		$72,820		$54,938
Adjustments to redemption amount of redeemable noncontrolling interests (see Note 1)	13		19		(102		)
Net income attributable to HEICO, as adjusted		$85,160		$72,839		$54,836
Denominator:
Weighted average common shares outstanding - basic	52,689		52,040		51,301
Effect of dilutive stock options	610		1,087		1,466
Weighted average common shares outstanding - diluted	53,299		53,127		52,767
Net income per share attributable to HEICO shareholders:
Basic		$1.62		$1.40		$1.07
Diluted		$1.60		$1.37		$1.04
Anti-dilutive stock options excluded	711		481		649