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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - UNAUDITED - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Apr. 30, 2023
Apr. 30, 2022
Apr. 30, 2023
Apr. 30, 2022
Net sales $ 687,841 $ 538,813 $ 1,308,756 $ 1,029,156
Operating costs and expenses:        
Cost of sales 421,329 327,584 798,445 627,717
Selling, general and administrative expenses 109,422 88,452 223,787 179,840
Total operating costs and expenses 530,751 416,036 1,022,232 807,557
Operating income 157,090 122,777 286,524 221,599
Interest expense (11,373) (979) (17,441) (1,775)
Other (expense) income 343 314 982 540
Income before income taxes and noncontrolling interests 146,060 122,112 270,065 220,364
Income tax expense 31,000 29,000 52,000 33,000
Net income from consolidated operations 115,060 93,112 218,065 187,364
Less: Net income attributable to noncontrolling interests 9,940 8,102 19,918 15,433
Net income attributable to HEICO $ 105,120 $ 85,010 $ 198,147 $ 171,931
Net income per share attributable to HEICO shareholders:        
Basic (in dollars per share) $ 0.77 $ 0.63 $ 1.45 $ 1.27
Diluted (in dollars per share) $ 0.76 $ 0.62 $ 1.43 $ 1.25
Weighted average number of common shares outstanding:        
Basic (in shares) 136,916 135,891 136,786 135,763
Diluted (in shares) 138,600 137,867 138,590 137,916