NET INCOME PER SHARE ATTRIBUTABLE TO HEICO SHAREHOLDERS

12 Months Ended

Oct. 31, 2019

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,
	2019		2018		2017
Numerator:
Net income attributable to HEICO		$327,896		$259,233		$185,985
Denominator:
Weighted average common shares outstanding - basic	133,640		132,543		131,703
Effect of dilutive stock options	3,710		4,153		3,885
Weighted average common shares outstanding - diluted	137,350		136,696		135,588
Net income per share attributable to HEICO shareholders:
Basic		$2.45		$1.96		$1.41
Diluted		$2.39		$1.90		$1.37
Anti-dilutive stock options excluded	330		512		799