NET INCOME PER SHARE ATTRIBUTABLE TO HEICO SHAREHOLDERS

3 Months Ended

Jan. 31, 2017

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):

	Three months ended January 31,
	2017		2016
Numerator:
Net income attributable to HEICO		$40,927		$31,271
Denominator:
Weighted average common shares outstanding - basic	67,314		66,875
Effect of dilutive stock options	1,809		1,065
Weighted average common shares outstanding - diluted	69,123		67,940
Net income per share attributable to HEICO shareholders:
Basic		$.61		$.47
Diluted		$.59		$.46
Anti-dilutive stock options excluded	137		715