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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Oct. 31, 2023
Oct. 31, 2022
Oct. 31, 2021
Net sales $ 2,968,105 $ 2,208,322 $ 1,865,682
Operating costs and expenses:      
Cost of sales 1,814,617 1,345,563 1,138,259
Selling, general and administrative expenses 528,149 365,915 334,523
Total operating costs and expenses 2,342,766 1,711,478 1,472,782
Operating income 625,339 496,844 392,900
Interest expense (72,984) (6,386) (7,285)
Other income 2,928 565 1,443
Income before taxes and noncontrolling interests 555,283 491,023 387,058
Income tax expense 110,900 100,400 57,300
Net income from consolidated operations 444,383 390,623 329,758
Less: Net income attributable to noncontrolling interests 40,787 38,948 25,538
Net income attributable to HEICO $ 403,596 $ 351,675 $ 304,220
Net income per share attributable to HEICO shareholders:      
Basic (in dollars per share) $ 2.94 $ 2.59 $ 2.25
Diluted (in dollars per share) $ 2.91 $ 2.55 $ 2.21
Weighted average number of common shares outstanding:      
Basic (in shares) 137,185 136,010 135,326
Diluted (in shares) 138,905 138,037 137,854