XML 19 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Oct. 31, 2015
Oct. 31, 2014
Oct. 31, 2013
Net sales $ 1,188,648 $ 1,132,311 $ 1,008,757
Operating costs and expenses:      
Cost of sales 754,469 733,999 637,576
Selling, general and administrative expenses 204,523 194,924 187,591
Total operating costs and expenses 958,992 928,923 825,167
Operating income 229,656 203,388 183,590
Interest expense (4,626) (5,441) (3,717)
Other income (66) 625 888
Income before taxes and noncontrolling interests 224,964 198,572 180,761
Income tax expense 71,400 59,800 56,200
Net income from consolidated operations 153,564 138,772 124,561
Less: Net income attributable to noncontrolling interests 20,200 17,479 22,165
Net income attributable to HEICO $ 133,364 $ 121,293 $ 102,396
Net income per share attributable to HEICO shareholders (Note 13):      
Basic (in dollars per share) $ 2.00 $ 1.82 $ 1.54
Diluted (in dollars per share) $ 1.97 $ 1.80 $ 1.53
Weighted average number of common shares outstanding:      
Basic (in shares) 66,740 66,463 66,298
Diluted (in shares) 67,811 67,453 66,982