NET INCOME PER SHARE ATTRIBUTABLE TO HEICO SHAREHOLDERS

12 Months Ended

Oct. 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):

	Year ended October 31,
	2015		2014		2013
Numerator:
Net income attributable to HEICO		$133,364		$121,293		$102,396
Denominator:
Weighted average common shares outstanding - basic	66,740		66,463		66,298
Effect of dilutive stock options	1,071		990		684
Weighted average common shares outstanding - diluted	67,811		67,453		66,982
Net income per share attributable to HEICO shareholders:
Basic		$2.00		$1.82		$1.54
Diluted		$1.97		$1.80		$1.53
Anti-dilutive stock options excluded	412		430		754