NET INCOME PER SHARE ATTRIBUTABLE TO HEICO SHAREHOLDERS

3 Months Ended

Jan. 31, 2013

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):

	Three months ended January 31,
	2013		2012
Numerator:
Net income attributable to HEICO		$19,958		$19,185
Denominator:
Weighted average common shares outstanding-basic	52,951		52,611
Effect of dilutive stock options	488		674
Weighted average common shares outstanding-diluted	53,439		53,285
Net income per share attributable to HEICO shareholders:
Basic		$.38		$.36
Diluted		$.37		$.36
Anti-dilutive stock options excluded	747		636

No portion of the adjustments to the redemption amount of redeemable noncontrolling interests of $.8 million and $1.0 million for the three months ended January 31, 2013 and 2012, 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.