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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - UNAUDITED - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Apr. 30, 2016
Apr. 30, 2015
Apr. 30, 2016
Apr. 30, 2015
Net sales $ 350,648 $ 291,421 $ 656,875 $ 559,606
Operating costs and expenses:        
Cost of sales 216,619 185,927 410,650 360,315
Selling, general and administrative expenses 67,235 49,706 126,810 97,097
Total operating costs and expenses 283,854 235,633 537,460 457,412
Operating income 66,794 55,788 119,415 102,194
Interest expense (2,333) (1,146) (3,900) (2,258)
Other income 568 362 138 559
Income before income taxes and noncontrolling interests 65,029 55,004 115,653 100,495
Income tax expense 21,300 16,500 36,000 29,900
Net income from consolidated operations 43,729 38,504 79,653 70,595
Less: Net income attributable to noncontrolling interests 5,072 5,399 9,725 9,850
Net income attributable to HEICO $ 38,657 $ 33,105 $ 69,928 $ 60,745
Net income per share attributable to HEICO shareholders:        
Basic (in dollars per share) $ 0.58 $ 0.50 $ 1.05 $ 0.91
Diluted (in dollars per share) $ 0.57 $ 0.49 $ 1.03 $ 0.90
Weighted average number of common shares outstanding:        
Basic (in shares) 66,923 66,711 66,899 66,653
Diluted (in shares) 68,028 67,801 67,984 67,735
Cash dividends per share (in dollars per share) $ 0.00 $ 0.00 $ 0.08 $ 0.07