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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
12 Months Ended
Oct. 31, 2011
Oct. 31, 2010
Oct. 31, 2009
Net sales $ 764,891,000 $ 617,020,000 $ 538,296,000
Operating costs and expenses:      
Cost of sales 490,450,000 394,673,000 357,285,000
Selling, general and administrative expenses 136,010,000 113,174,000 92,756,000
Total operating costs and expenses 626,460,000 507,847,000 450,041,000
Operating income 138,431,000 109,173,000 88,255,000
Interest expense (142,000) (508,000) (615,000)
Other income 64,000 390,000 205,000
Income before income taxes and noncontrolling interests 138,353,000 109,055,000 87,845,000
Income tax expense 42,900,000 36,700,000 28,000,000
Net income from consolidated operations 95,453,000 72,355,000 59,845,000
Less: Net income attributable to noncontrolling interests 22,633,000 17,417,000 15,219,000
Net income attributable to HEICO $ 72,820,000 $ 54,938,000 $ 44,626,000
Net income per share attributable to HEICO shareholders (Note 13):      
Basic (in dollars per share) $ 1.75 $ 1.34 $ 1.09
Diluted (in dollars per share) $ 1.71 $ 1.30 $ 1.06
Weighted average number of common shares outstanding:      
Basic (in shares) 41,632,074 41,040,635 40,944,999
Diluted (in shares) 42,501,252 42,213,538 42,225,049