XML 20 R4.htm IDEA: XBRL DOCUMENT v3.6.0.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Oct. 31, 2016
Oct. 31, 2015
Oct. 31, 2014
Net sales $ 1,376,258 $ 1,188,648 $ 1,132,311
Operating costs and expenses:      
Cost of sales 860,766 754,469 733,999
Selling, general and administrative expenses 250,147 204,523 194,924
Total operating costs and expenses 1,110,913 958,992 928,923
Operating income 265,345 229,656 203,388
Interest expense (8,272) (4,626) (5,441)
Other income (23) (66) 625
Income before taxes and noncontrolling interests 257,050 224,964 198,572
Income tax expense 80,900 71,400 59,800
Net income from consolidated operations 176,150 153,564 138,772
Less: Net income attributable to noncontrolling interests 19,958 20,200 17,479
Net income attributable to HEICO $ 156,192 $ 133,364 $ 121,293
Net income per share attributable to HEICO shareholders:      
Basic (in dollars per share) $ 2.33 $ 2.00 $ 1.82
Diluted (in dollars per share) $ 2.29 $ 1.97 $ 1.80
Weighted average number of common shares outstanding:      
Basic (in shares) 67,045 66,740 66,463
Diluted (in shares) 68,170 67,811 67,453