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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - UNAUDITED - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Apr. 30, 2022
Apr. 30, 2021
Apr. 30, 2022
Apr. 30, 2021
Net sales $ 538,813 $ 466,651 $ 1,029,156 $ 884,553
Operating costs and expenses:        
Cost of sales 327,584 286,878 627,717 546,346
Selling, general and administrative expenses 88,452 83,025 179,840 161,174
Total operating costs and expenses 416,036 369,903 807,557 707,520
Operating income 122,777 96,748 221,599 177,033
Interest expense (979) (2,083) (1,775) (4,531)
Other (expense) income 314 306 540 1,017
Income before income taxes and noncontrolling interests 122,112 94,971 220,364 173,519
Income tax expense 29,000 18,500 33,000 20,800
Net income from consolidated operations 93,112 76,471 187,364 152,719
Less: Net income attributable to noncontrolling interests 8,102 5,798 15,433 11,450
Net income attributable to HEICO $ 85,010 $ 70,673 $ 171,931 $ 141,269
Net income per share attributable to HEICO shareholders:        
Basic (in dollars per share) $ 0.63 $ 0.52 $ 1.27 $ 1.04
Diluted (in dollars per share) $ 0.62 $ 0.51 $ 1.25 $ 1.03
Weighted average number of common shares outstanding:        
Basic (in shares) 135,891 135,294 135,763 135,252
Diluted (in shares) 137,867 137,814 137,916 137,778