NET INCOME PER SHARE ATTRIBUTABLE TO HEICO SHAREHOLDERS

12 Months Ended

Oct. 31, 2020

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,
	2020	2019	2018
Numerator:
Net income attributable to HEICO	$313,984	$327,896	$259,233
Denominator:
Weighted average common shares outstanding - basic	134,754	133,640	132,543
Effect of dilutive stock options	2,548	3,710	4,153
Weighted average common shares outstanding - diluted	137,302	137,350	136,696
Net income per share attributable to HEICO shareholders:
Basic	$2.33	$2.45	$1.96
Diluted	$2.29	$2.39	$1.90
Anti-dilutive stock options excluded	258	330	512