NET INCOME PER SHARE ATTRIBUTABLE TO HEICO SHAREHOLDERS

12 Months Ended

Oct. 31, 2016

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,
	2016		2015		2014
Numerator:
Net income attributable to HEICO		$156,192		$133,364		$121,293
Denominator:
Weighted average common shares outstanding - basic	67,045		66,740		66,463
Effect of dilutive stock options	1,125		1,071		990
Weighted average common shares outstanding - diluted	68,170		67,811		67,453
Net income per share attributable to HEICO shareholders:
Basic		$2.33		$2.00		$1.82
Diluted		$2.29		$1.97		$1.80
Anti-dilutive stock options excluded	580		412		430