NET INCOME PER SHARE ATTRIBUTABLE TO HEICO SHAREHOLDERS

6 Months Ended

Apr. 30, 2014

Earnings Per Share [Abstract]

Net Income Per Share Attributable to HEICO Shareholders [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):

	Six months ended April 30,				Three months ended April 30,
	2014		2013		2014		2013
Numerator:
Net income attributable to HEICO		$55,822		$43,658		$28,367		$23,700
Denominator:
Weighted average common shares outstanding - basic	66,415		66,242		66,437		66,294
Effect of dilutive stock options	988		593		1,018		578
Weighted average common shares outstanding - diluted	67,403		66,835		67,455		66,872
Net income per share attributable to HEICO shareholders:
Basic		$.84		$.66		$.43		$.36
Diluted		$.83		$.65		$.42		$.35
Anti-dilutive stock options excluded	425		841		305		747