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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - UNAUDITED (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Apr. 30, 2014
Apr. 30, 2013
Apr. 30, 2014
Apr. 30, 2013
Net sales $ 282,232 $ 237,708 $ 549,058 $ 454,198
Operating costs and expenses:        
Cost of sales 182,310 148,260 357,019 287,161
Selling, general and administrative expenses 50,751 44,760 92,483 87,410
Total operating costs and expenses 233,061 193,020 449,502 374,571
Operating income 49,171 44,688 99,556 79,627
Interest expense (1,441) (803) (2,722) (1,443)
Other income 350 161 508 446
Income before income taxes and noncontrolling interests 48,080 44,046 97,342 78,630
Income tax expense 15,300 15,000 32,000 24,600
Net income from consolidated operations 32,780 29,046 65,342 54,030
Less: Net income attributable to noncontrolling interests 4,413 5,346 9,520 10,372
Net income attributable to HEICO $ 28,367 $ 23,700 $ 55,822 $ 43,658
Net income per share attributable to HEICO shareholders:        
Basic (in dollars per share) $ 0.43 $ 0.36 $ 0.84 $ 0.66
Diluted (in dollars per share) $ 0.42 $ 0.35 $ 0.83 $ 0.65
Weighted average number of common shares outstanding:        
Basic (in shares) 66,437 66,294 66,415 66,242
Diluted (in shares) 67,455 66,872 67,403 66,835
Cash dividends per share (in dollars per share) $ 0.00 $ 0.00 $ 0.41 $ 1.76