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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - UNAUDITED - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Apr. 30, 2018
Apr. 30, 2017
Apr. 30, 2018
Apr. 30, 2017
Net sales $ 430,602 $ 368,657 $ 835,012 $ 712,089
Operating costs and expenses:        
Cost of sales 262,745 228,275 512,364 446,290
Selling, general and administrative expenses 76,292 63,840 151,523 124,707
Total operating costs and expenses 339,037 292,115 663,887 570,997
Operating income 91,565 76,542 171,125 141,092
Interest expense (4,904) (1,960) (9,629) (3,929)
Other income (250) 151 110 635
Income before income taxes and noncontrolling interests 86,411 74,733 161,606 137,798
Income tax expense 20,400 23,900 23,900 40,700
Net income from consolidated operations 66,011 50,833 137,706 97,098
Less: Net income attributable to noncontrolling interests 6,393 5,147 12,936 10,485
Net income attributable to HEICO $ 59,618 $ 45,686 $ 124,770 $ 86,613
Net income per share attributable to HEICO shareholders:        
Basic (in dollars per share) $ 0.56 $ 0.43 $ 1.18 $ 0.82
Diluted (in dollars per share) $ 0.55 $ 0.42 $ 1.14 $ 0.80
Weighted average number of common shares outstanding:        
Basic (in shares) 105,940 105,276 105,789 105,227
Diluted (in shares) 109,271 108,296 109,191 108,150
Cash dividends per share (in dollars per share) $ 0.00 $ 0.00 $ 0.070 $ 0.058