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NET INCOME PER SHARE ATTRIBUTABLE TO HEICO SHAREHOLDERS
 9 Months Ended
Jul. 31, 2013
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):
 
 
Nine months ended July 31,
 
Three months ended July 31,
 
 
2013
 
2012
 
2013
 
2012
Numerator:
 
 
 
 
 
 
 
 
Net income attributable to HEICO
 

$72,605

 

$61,356

 

$28,947

 

$23,128

 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
 
Weighted average common shares
outstanding-basic
 
53,020

 
52,651

 
53,074

 
52,695

Effect of dilutive stock options
 
496

 
639

 
538

 
593

Weighted average common shares
outstanding-diluted
 
53,516

 
53,290

 
53,612

 
53,288

 
 
 
 
 
 
 
 
 
Net income per share attributable to
HEICO shareholders:
 
 
 
 
 
 
 
 
Basic
 

$1.37

 

$1.17

 

$.55

 

$.44

Diluted
 

$1.36

 

$1.15

 

$.54

 

$.43

 
 
 
 
 
 
 
 
 
Anti-dilutive stock options excluded
 
661

 
667

 
639

 
720



No portion of the adjustments to the redemption amount of redeemable noncontrolling interests of $1.3 million and ($.1) million for the nine months ended July 31, 2013 and 2012, respectively, and $.3 million and ($.6) million for the three months ended July 31, 2013 and 2012, respectively, reflect a redemption amount in excess of fair value and therefore no portion of the adjustments affect basic or diluted net income per share attributable to HEICO shareholders.