NET INCOME PER SHARE ATTRIBUTABLE TO HEICO SHAREHOLDERS

9 Months Ended

Jul. 31, 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):

	Nine months ended July 31,				Three months ended July 31,
	2015		2014		2015		2014
Numerator:
Net income attributable to HEICO		$95,114		$89,188		$34,369		$33,366
Denominator:
Weighted average common shares outstanding - basic	66,706		66,442		66,813		66,497
Effect of dilutive stock options	1,084		985		1,088		977
Weighted average common shares outstanding - diluted	67,790		67,427		67,901		67,474
Net income per share attributable to HEICO shareholders:
Basic		$1.43		$1.34		$.51		$.50
Diluted		$1.40		$1.32		$.51		$.49
Anti-dilutive stock options excluded	352		430		445		442