NET INCOME PER SHARE ATTRIBUTABLE TO HEICO SHAREHOLDERS

12 Months Ended

Oct. 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):

	Year ended October 31,
	2013		2012		2011
Numerator:
Net income attributable to HEICO		$102,396		$85,147		$72,820
Adjustments to redemption amount of redeemable noncontrolling interests (see Note 1)	—		13		19
Net income attributable to HEICO, as adjusted		$102,396		$85,160		$72,839
Denominator:
Weighted average common shares outstanding - basic	66,298		65,861		65,050
Effect of dilutive stock options	684		763		1,358
Weighted average common shares outstanding - diluted	66,982		66,624		66,408
Net income per share attributable to HEICO shareholders:
Basic		$1.54		$1.29		$1.12
Diluted		$1.53		$1.28		$1.10
Anti-dilutive stock options excluded	754		888		601