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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - UNAUDITED - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jul. 31, 2016
Jul. 31, 2015
Jul. 31, 2016
Jul. 31, 2015
Net sales $ 356,084 $ 300,370 $ 1,012,959 $ 859,976
Operating costs and expenses:        
Cost of sales 222,501 192,278 633,151 552,593
Selling, general and administrative expenses 63,729 49,582 190,539 146,679
Total operating costs and expenses 286,230 241,860 823,690 699,272
Operating income 69,854 58,510 189,269 160,704
Interest expense (2,294) (1,088) (6,194) (3,346)
Other income 16 (184) 154 375
Income before income taxes and noncontrolling interests 67,576 57,238 183,229 157,733
Income tax expense 20,600 18,300 56,600 48,200
Net income from consolidated operations 46,976 38,938 126,629 109,533
Less: Net income attributable to noncontrolling interests 4,974 4,569 14,699 14,419
Net income attributable to HEICO $ 42,002 $ 34,369 $ 111,930 $ 95,114
Net income per share attributable to HEICO shareholders:        
Basic (in dollars per share) $ 0.63 $ 0.51 $ 1.67 $ 1.43
Diluted (in dollars per share) $ 0.62 $ 0.51 $ 1.64 $ 1.40
Weighted average number of common shares outstanding:        
Basic (in shares) 67,126 66,813 66,975 66,706
Diluted (in shares) 68,278 67,901 68,082 67,790
Cash dividends per share (in dollars per share) $ 0.08 $ 0.07 $ 0.16 $ 0.14