XML 20 R6.htm IDEA: XBRL DOCUMENT v3.21.4
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Oct. 31, 2019
Net sales $ 1,865,682 $ 1,787,009 $ 2,055,647
Operating costs and expenses:      
Cost of sales 1,138,259 1,104,882 1,241,807
Selling, general and administrative expenses 334,523 305,479 356,743
Total operating costs and expenses 1,472,782 1,410,361 1,598,550
Operating income 392,900 376,648 457,097
Interest expense (7,285) (13,159) (21,695)
Other income 1,443 1,366 2,439
Income before taxes and noncontrolling interests 387,058 364,855 437,841
Income tax expense 57,300 29,000 78,100
Net income from consolidated operations 329,758 335,855 359,741
Less: Net income attributable to noncontrolling interests 25,538 21,871 31,845
Net income attributable to HEICO $ 304,220 $ 313,984 $ 327,896
Net income per share attributable to HEICO shareholders:      
Basic (in dollars per share) $ 2.25 $ 2.33 $ 2.45
Diluted (in dollars per share) $ 2.21 $ 2.29 $ 2.39
Weighted average number of common shares outstanding:      
Basic (in shares) 135,326 134,754 133,640
Diluted (in shares) 137,854 137,302 137,350