NET INCOME PER SHARE ATTRIBUTABLE TO HEICO SHAREHOLDERS

6 Months Ended

Apr. 30, 2015

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):

	Six months ended April 30,				Three months ended April 30,
	2015		2014		2015		2014
Numerator:
Net income attributable to HEICO		$60,745		$55,822		$33,105		$28,367
Denominator:
Weighted average common shares outstanding - basic	66,653		66,415		66,711		66,437
Effect of dilutive stock options	1,082		988		1,090		1,018
Weighted average common shares outstanding - diluted	67,735		67,403		67,801		67,455
Net income per share attributable to HEICO shareholders:
Basic		$.91		$.84		$.50		$.43
Diluted		$.90		$.83		$.49		$.42
Anti-dilutive stock options excluded	305		425		305		305