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NET INCOME PER SHARE ATTRIBUTABLE TO HEICO SHAREHOLDERS
9 Months Ended
Jul. 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):
 
 
Nine months ended July 31,
 
Three months ended July 31,
 
 
2017
 
2016
 
2017
 
2016
Numerator:
 
 
 
 
 
 
 
 
Net income attributable to HEICO
 

$132,311

 

$111,930

 

$45,698

 

$42,002

 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
 
Weighted average common shares outstanding - basic
 
84,235

 
83,718

 
84,343

 
83,908

Effect of dilutive stock options
 
2,410

 
1,384

 
2,550

 
1,440

Weighted average common shares outstanding - diluted
 
86,645

 
85,102

 
86,893

 
85,348

 
 
 
 
 
 
 
 
 
Net income per share attributable to HEICO shareholders:
 
 
 
 
 
 
 
 
Basic
 

$1.57

 

$1.34

 

$.54

 

$.50

Diluted
 

$1.53

 

$1.32

 

$.53

 

$.49

 
 
 
 
 
 
 
 
 
Anti-dilutive stock options excluded
 
446

 
844

 
706

 
717