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NET INCOME PER SHARE ATTRIBUTABLE TO HEICO SHAREHOLDERS
 9 Months Ended
Jul. 31, 2012
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
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 (in thousands, except per share data):
 
 
Nine months ended July 31,
 
Three months ended July 31,
 
 
2012
 
2011
 
2012
 
2011
Numerator:
 
 
 
 
 
 
 
 
Net income attributable to HEICO
 

$61,356

 

$54,306

 

$23,128

 

$20,402

 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
 
Weighted average common shares outstanding-basic
 
52,651

 
51,965

 
52,695

 
52,161

Effect of dilutive stock options
 
639

 
1,134

 
593

 
1,051

Weighted average common shares outstanding-diluted
 
53,290

 
53,099

 
53,288

 
53,212

 
 
 
 
 
 
 
 
 
Net income per share attributable to HEICO shareholders:
 
 
 
 
 
 
 
 
Basic
 

$1.17

 

$1.05

 

$.44

 

$.39

Diluted
 

$1.15

 

$1.02

 

$.43

 

$.38

Anti-dilutive stock options excluded
 
667

 
444

 
720

 
341


No portion of the adjustments to the redemption amount of redeemable noncontrolling interests of ($.1) million and ($1.6) million for the nine months ended July 31, 2012 and 2011, respectively, and ($.6) million and ($1.0) million for the three months ended July 31, 2012 and 2011, respectively, reflect a redemption amount in excess of fair value and therefore no portion of the adjustments affect basic or diluted net income per share attributable to HEICO shareholders.