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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 9 Months Ended
Jul. 31, 2011
Jul. 31, 2010
Jul. 31, 2011
Jul. 31, 2010
Net sales $ 197,267,000 $ 158,270,000 $ 555,972,000 $ 447,650,000
Operating costs and expenses:        
Cost of sales 127,442,000 100,717,000 355,850,000 286,351,000
Selling, general and administrative expenses 34,119,000 28,560,000 99,131,000 81,805,000
Total operating costs and expenses 161,561,000 129,277,000 454,981,000 368,156,000
Operating income 35,706,000 28,993,000 100,991,000 79,494,000
Interest expense (7,000) (136,000) (99,000) (422,000)
Other income (expense) (57,000) (31,000) 149,000 392,000
Income before income taxes and noncontrolling interests 35,642,000 28,826,000 101,041,000 79,464,000
Income tax expense 9,250,000 9,300,000 30,000,000 27,000,000
Net income from consolidated operations 26,392,000 19,526,000 71,041,000 52,464,000
Less: Net income attributable to noncontrolling interests 5,990,000 4,596,000 16,735,000 13,168,000
Net income attributable to HEICO $ 20,402,000 $ 14,930,000 $ 54,306,000 $ 39,296,000
Net income per share attributable to HEICO shareholders:        
Basic (in dollars per share) $ 0.49 $ 0.36 $ 1.31 $ 0.96
Diluted (in dollars per share) $ 0.48 $ 0.35 $ 1.28 $ 0.93
Weighted average number of common shares outstanding:        
Basic (in shares) 41,729,088 41,146,913 41,572,003 40,991,421
Diluted (in shares) 42,569,633 42,246,839 42,479,210 42,191,768
Cash dividends per share (in dollars per share) $ 0.060 $ 0.048 $ 0.108 $ 0.086