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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Oct. 31, 2022
Oct. 31, 2021
Oct. 31, 2020
Net sales $ 2,208,322 $ 1,865,682 $ 1,787,009
Operating costs and expenses:      
Cost of sales 1,345,563 1,138,259 1,104,882
Selling, general and administrative expenses 365,915 334,523 305,479
Total operating costs and expenses 1,711,478 1,472,782 1,410,361
Operating income 496,844 392,900 376,648
Interest expense (6,386) (7,285) (13,159)
Other income 565 1,443 1,366
Income before taxes and noncontrolling interests 491,023 387,058 364,855
Income tax expense 100,400 57,300 29,000
Net income from consolidated operations 390,623 329,758 335,855
Less: Net income attributable to noncontrolling interests 38,948 25,538 21,871
Net income attributable to HEICO $ 351,675 $ 304,220 $ 313,984
Net income per share attributable to HEICO shareholders:      
Basic (in dollars per share) $ 2.59 $ 2.25 $ 2.33
Diluted (in dollars per share) $ 2.55 $ 2.21 $ 2.29
Weighted average number of common shares outstanding:      
Basic (in shares) 136,010 135,326 134,754
Diluted (in shares) 138,037 137,854 137,302