NET INCOME PER SHARE ATTRIBUTABLE TO HEICO SHAREHOLDERS (Tables)

12 Months Ended

Oct. 31, 2013

Schedule of Calculation of Numerator and Denominator in Earnings Per Share [Table Text Block]

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