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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - UNAUDITED - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jul. 31, 2018
Jul. 31, 2017
Jul. 31, 2018
Jul. 31, 2017
Net sales $ 465,825 $ 391,500 $ 1,300,837 $ 1,103,589
Operating costs and expenses:        
Cost of sales 284,216 242,603 796,580 688,893
Selling, general and administrative expenses 80,186 72,775 231,709 197,482
Total operating costs and expenses 364,402 315,378 1,028,289 886,375
Operating income 101,423 76,122 272,548 217,214
Interest expense (5,212) (2,447) (14,841) (6,376)
Other income (112) 200 (2) 835
Income before income taxes and noncontrolling interests 96,099 73,875 257,705 211,673
Income tax expense 22,200 22,400 46,100 63,100
Net income from consolidated operations 73,899 51,475 211,605 148,573
Less: Net income attributable to noncontrolling interests 6,813 5,777 19,749 16,262
Net income attributable to HEICO $ 67,086 $ 45,698 $ 191,856 $ 132,311
Net income per share attributable to HEICO shareholders:        
Basic (in dollars per share) $ 0.51 $ 0.35 $ 1.45 $ 1.01
Diluted (in dollars per share) $ 0.49 $ 0.34 $ 1.40 $ 0.98
Weighted average number of common shares outstanding:        
Basic (in shares) 132,794 131,786 132,422 131,618
Diluted (in shares) 136,733 135,771 136,570 135,382
Cash dividends per share (in dollars per share) $ 0.060 $ 0.051 $ 0.116 $ 0.097