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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Oct. 31, 2020
Oct. 31, 2019
Oct. 31, 2018
Net sales $ 1,787,009 $ 2,055,647 $ 1,777,721
Operating costs and expenses:      
Cost of sales 1,104,882 1,241,807 1,087,006
Selling, general and administrative expenses 305,479 356,743 314,470
Total operating costs and expenses 1,410,361 1,598,550 1,401,476
Operating income 376,648 457,097 376,245
Interest expense (13,159) (21,695) (19,901)
Other income 1,366 2,439 (58)
Income before taxes and noncontrolling interests 364,855 437,841 356,286
Income tax expense 29,000 78,100 70,600
Net income from consolidated operations 335,855 359,741 285,686
Less: Net income attributable to noncontrolling interests 21,871 31,845 26,453
Net income attributable to HEICO $ 313,984 $ 327,896 $ 259,233
Net income per share attributable to HEICO shareholders:      
Basic (in dollars per share) $ 2.33 $ 2.45 $ 1.96
Diluted (in dollars per share) $ 2.29 $ 2.39 $ 1.90
Weighted average number of common shares outstanding:      
Basic (in shares) 134,754 133,640 132,543
Diluted (in shares) 137,302 137,350 136,696