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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - UNAUDITED - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jul. 31, 2015
Jul. 31, 2014
Jul. 31, 2015
Jul. 31, 2014
Net sales $ 300,370 $ 291,030 $ 859,976 $ 840,088
Operating costs and expenses:        
Cost of sales 192,278 187,703 552,593 544,722
Selling, general and administrative expenses 49,582 53,214 146,679 145,697
Total operating costs and expenses 241,860 240,917 699,272 690,419
Operating income 58,510 50,113 160,704 149,669
Interest expense (1,088) (1,444) (3,346) (4,166)
Other income (184) 83 375 591
Income before income taxes and noncontrolling interests 57,238 48,752 157,733 146,094
Income tax expense 18,300 11,400 48,200 43,400
Net income from consolidated operations 38,938 37,352 109,533 102,694
Less: Net income attributable to noncontrolling interests 4,569 3,986 14,419 13,506
Net income attributable to HEICO $ 34,369 $ 33,366 $ 95,114 $ 89,188
Net income per share attributable to HEICO shareholders:        
Basic (in dollars per share) $ 0.51 $ 0.50 $ 1.43 $ 1.34
Diluted (in dollars per share) $ 0.51 $ 0.49 $ 1.40 $ 1.32
Weighted average number of common shares outstanding:        
Basic (in shares) 66,813 66,497 66,706 66,442
Diluted (in shares) 67,901 67,474 67,790 67,427
Cash dividends per share (in dollars per share) $ 0.07 $ 0.06 $ 0.14 $ 0.47