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NET INCOME PER SHARE ATTRIBUTABLE TO HEICO SHAREHOLDERS (Tables)
12 Months Ended
Oct. 31, 2014
Earnings Per Share [Abstract]  
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,
 
 
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