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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - UNAUDITED - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Apr. 30, 2021
Apr. 30, 2020
Apr. 30, 2021
Apr. 30, 2020
Net sales $ 466,651 $ 468,146 $ 884,553 $ 974,421
Operating costs and expenses:        
Cost of sales 286,878 289,256 546,346 597,484
Selling, general and administrative expenses 83,025 70,729 161,174 157,786
Total operating costs and expenses 369,903 359,985 707,520 755,270
Operating income 96,748 108,161 177,033 219,151
Interest expense (2,083) (3,759) (4,531) (8,042)
Other (expense) income 306 107 1,017 302
Income before income taxes and noncontrolling interests 94,971 104,509 173,519 211,411
Income tax expense 18,500 23,600 20,800 700
Net income from consolidated operations 76,471 80,909 152,719 210,711
Less: Net income attributable to noncontrolling interests 5,798 5,456 11,450 13,370
Net income attributable to HEICO $ 70,673 $ 75,453 $ 141,269 $ 197,341
Net income per share attributable to HEICO shareholders:        
Basic (in dollars per share) $ 0.52 $ 0.56 $ 1.04 $ 1.47
Diluted (in dollars per share) $ 0.51 $ 0.55 $ 1.03 $ 1.44
Weighted average number of common shares outstanding:        
Basic (in shares) 135,294 134,669 135,252 134,596
Diluted (in shares) 137,814 137,117 137,778 137,269