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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - UNAUDITED - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Apr. 30, 2019
Apr. 30, 2018
Apr. 30, 2019
Apr. 30, 2018
Net sales $ 515,648 $ 430,602 $ 981,794 $ 835,012
Operating costs and expenses:        
Cost of sales 306,261 262,745 590,170 512,364
Selling, general and administrative expenses 90,204 76,292 174,494 151,523
Total operating costs and expenses 396,465 339,037 764,664 663,887
Operating income 119,183 91,565 217,130 171,125
Interest expense (5,484) (4,904) (10,973) (9,629)
Other income 2,484 (250) 2,152 110
Income before income taxes and noncontrolling interests 116,183 86,411 208,309 161,606
Income tax expense 26,100 20,400 30,200 23,900
Net income from consolidated operations 90,083 66,011 178,109 137,706
Less: Net income attributable to noncontrolling interests 8,301 6,393 16,995 12,936
Net income attributable to HEICO $ 81,782 $ 59,618 $ 161,114 $ 124,770
Net income per share attributable to HEICO shareholders:        
Basic (in dollars per share) $ 0.61 $ 0.45 $ 1.21 $ 0.94
Diluted (in dollars per share) $ 0.60 $ 0.44 $ 1.18 $ 0.91
Weighted average number of common shares outstanding:        
Basic (in shares) 133,313 132,425 133,123 132,237
Diluted (in shares) 137,206 136,588 137,092 136,489
Cash dividends per share (in dollars per share)     $ 0.07 $ 0.06