NET INCOME PER SHARE ATTRIBUTABLE TO HEICO SHAREHOLDERS

12 Months Ended

Oct. 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):

	Year ended October 31,
	2017		2016		2015
Numerator:
Net income attributable to HEICO		$185,985		$156,192		$133,364
Denominator:
Weighted average common shares outstanding - basic	84,290		83,807		83,425
Effect of dilutive stock options	2,486		1,406		1,339
Weighted average common shares outstanding - diluted	86,776		85,213		84,764
Net income per share attributable to HEICO shareholders:
Basic		$2.21		$1.86		$1.60
Diluted		$2.14		$1.83		$1.57
Anti-dilutive stock options excluded	511		725		515