Company: HEI-A
Filing Date: 2025-05-29
Form Type: 10-Q
Source: 0000046619-25-000046
Chunk: 45

Company: HEICO CORP
Filing Date: 2025-05-29
Form: 10-Q
Item: Item 8
Chunk 45
---
ICO SHAREHOLDERS

    The computation of basic and diluted net income per share attributable to HEICO shareholders is as follows (in thousands, except per share data):Six months ended April 30,Three months ended April 30,2025202420252024Numerator:Net income attributable to HEICO$324,748 $237,844 $156,793 $123,146 Denominator:Weighted average common shares outstanding - basic138,921 138,325 139,005 138,386 Effect of dilutive stock options1,620 1,651 1,594 1,673 Weighted average common shares outstanding - diluted140,541 139,976 140,599 140,059 Net income per share attributable to HEICO shareholders:Basic$2.34 $1.72 $1.13 $.89 Diluted$2.31 $1.70 $1.12 $.88 Anti-dilutive stock options excluded397 1,215 740 1,009 

22

10.    OPERATING SEGMENTS

Information on the Company’s two operating segments, the FSG and the ETG, for the six and three months ended April 30, 2025 and 2024, respectively, is as follows (in thousands):Other, Primarily Corporate and Intersegment (1)Consolidated TotalsSegmentFSGETGSix months ended April 30, 2025:Net sales$1,480,244 $672,482 ($24,684)$2,128,042 Depreciation13,187 12,030 999 26,216 Amortization41,094 27,007 785 68,886 Operating income351,096 154,336 (30,475)474,957 Capital expenditures19,014 14,278 7 33,299 Six months ended April 30, 2024:Net sales$1,265,948 $605,264 ($19,454)$1,851,758 Depreciation11,929 11,061 609 23,599 Amortization36,304 25,649 784 62,737 Operating income284,967 130,591 (26,195)389,363 Capital expenditures12,714 13,028 583 26,325