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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - UNAUDITED - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jul. 31, 2022
Jul. 31, 2021
Jul. 31, 2022
Jul. 31, 2021
Net sales $ 569,528 $ 471,707 $ 1,598,684 $ 1,356,260
Operating costs and expenses:        
Cost of sales 348,591 286,990 976,308 833,336
Selling, general and administrative expenses 92,190 83,879 272,030 245,053
Total operating costs and expenses 440,781 370,869 1,248,338 1,078,389
Operating income 128,747 100,838 350,346 277,871
Interest expense (1,406) (1,717) (3,181) (6,248)
Other (expense) income 145 162 685 1,179
Income before income taxes and noncontrolling interests 127,486 99,283 347,850 272,802
Income tax expense 34,400 15,600 67,400 36,400
Net income from consolidated operations 93,086 83,683 280,450 236,402
Less: Net income attributable to noncontrolling interests 10,546 6,794 25,979 18,244
Net income attributable to HEICO $ 82,540 $ 76,889 $ 254,471 $ 218,158
Net income per share attributable to HEICO shareholders:        
Basic (in dollars per share) $ 0.61 $ 0.57 $ 1.87 $ 1.61
Diluted (in dollars per share) $ 0.60 $ 0.56 $ 1.85 $ 1.58
Weighted average number of common shares outstanding:        
Basic (in shares) 135,978 135,370 135,835 135,291
Diluted (in shares) 137,837 137,957 137,890 137,837