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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Oct. 31, 2019
Oct. 31, 2018
Oct. 31, 2017
Net sales $ 2,055,647 $ 1,777,721 $ 1,524,813
Operating costs and expenses:      
Cost of sales 1,241,807 1,087,006 950,088
Selling, general and administrative expenses 356,743 314,470 268,067
Total operating costs and expenses 1,598,550 1,401,476 1,218,155
Operating income 457,097 376,245 306,658
Interest expense (21,695) (19,901) (9,790)
Other income 2,439 (58) 1,092
Income before taxes and noncontrolling interests 437,841 356,286 297,960
Income tax expense 78,100 70,600 90,300
Net income from consolidated operations 359,741 285,686 207,660
Less: Net income attributable to noncontrolling interests 31,845 26,453 21,675
Net income attributable to HEICO $ 327,896 $ 259,233 $ 185,985
Net income per share attributable to HEICO shareholders:      
Basic (in dollars per share) $ 2.45 $ 1.96 $ 1.41
Diluted (in dollars per share) $ 2.39 $ 1.90 $ 1.37
Weighted average number of common shares outstanding:      
Basic (in shares) 133,640 132,543 131,703
Diluted (in shares) 137,350 136,696 135,588