NET INCOME PER SHARE ATTRIBUTABLE TO HEICO SHAREHOLDERS

12 Months Ended

Oct. 31, 2011

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

13.      NET INCOME PER SHARE ATTRIBUTABLE TO HEICO SHAREHOLDERS

The computation of basic and diluted net income per share attributable to HEICO shareholders is as follows:

	Year ended October 31,
	2011		2010			2009
Numerator:
Net income attributable to HEICO	$	72,820,000	$	54,938,000		$	44,626,000
Adjustments to redemption amount of redeemable noncontrolling interests (see Note 12)		19,000		(102,000	)		—
Net income attributable to HEICO, as adjusted	$	72,839,000	$	54,836,000		$	44,626,000
Denominator:
Weighted average common shares outstanding - basic		41,632,074		41,040,635			40,944,999
Effect of dilutive stock options		869,178		1,172,903			1,280,050
Weighted average common shares outstanding - diluted		42,501,252		42,213,538			42,225,049
Net income per share attributable to HEICO shareholders:
Basic	$	1.75	$	1.34		$	1.09
Diluted	$	1.71	$	1.30		$	1.06
Anti-dilutive stock options excluded		384,844		519,531			134,830