SUBSEQUENT EVENT SUBSEQUENT EVENT (Notes)

12 Months Ended

Oct. 31, 2017

SUBSEQUENT EVENTS

In November 2017, the Company, through a subsidiary of HEICO Electronic, acquired all the stock of Interface Displays & Controls, Inc. ("IDC"). IDC designs and manufactures electronic products for aviation, marine, military, fighting vehicles, and embedded computing markets. The purchase price of this acquisition was paid using cash provided by operating activities and the total consideration for the acquisition is not material or significant to the Company’s consolidated financial statements.

On December 15, 2017, the Company’s Board of Directors declared a 5-for-4 stock split on both classes of the Company's common stock. The stock split is payable to shareholders of record as of January 3, 2018 and the Company expects to distribute the additional shares to shareholders on January 17, 2018. Accordingly, the prices of both the Company's Class A Common Stock and Common Stock are anticipated to begin trading on a post-split basis on January 18, 2018. None of the applicable share and per share information in these consolidated financial statements on Form 10-K has been adjusted retrospectively to give effect to the pending 5-for-4 stock split. Pro forma unaudited net income per share attributable to HEICO shareholders and the weighted average number of common shares outstanding for fiscal 2017, 2016 and 2015 giving retrospective effect to the pending fiscal 2018 stock split is as follows (in thousands, except per share data):



	Year ended October 31,
	2017		2016		2015
Net income per share attributable to HEICO shareholders:
Basic		$1.77		$1.49		$1.28
Diluted		$1.71		$1.47		$1.26

Weighted average number of common shares outstanding:
Basic	105,363		104,758		104,281
Diluted	108,470		106,516		105,955