NET INCOME PER SHARE ATTRIBUTABLE TO HEICO SHAREHOLDERS

12 Months Ended

Oct. 31, 2014

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,
	2014		2013		2012
Numerator:
Net income attributable to HEICO		$121,293		$102,396		$85,147
Adjustments to redemption amount of redeemable noncontrolling interests (see Note 1)	—		—		13
Net income attributable to HEICO, as adjusted		$121,293		$102,396		$85,160
Denominator:
Weighted average common shares outstanding - basic	66,463		66,298		65,861
Effect of dilutive stock options	990		684		763
Weighted average common shares outstanding - diluted	67,453		66,982		66,624
Net income per share attributable to HEICO shareholders:
Basic		$1.82		$1.54		$1.29
Diluted		$1.80		$1.53		$1.28
Anti-dilutive stock options excluded	430		754		888