10-Q Filing

HEICO CORP CIK: 46619 Q2 2013

Filing Information

Form Type	10-Q
Accession Number	`0000046619-13-000011`
Period End Date	20130430
Filing Date	20130524
Fiscal Year	2013
Fiscal Period	Q2
XBRL Instance	hei-20130430.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 68 Cash Flow Statement 80 Stockholders Equity 14 Comprehensive Income 24

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$22.26M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.88M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$21.45M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$17.50M	USD	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$122.21M	USD	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$126.86M	USD	Point-in-time
Inventories, net	`InventoryNet`	$189.70M	USD	Point-in-time
Inventories, net	`InventoryNet`	$199.50M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$7.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$9.37M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$27.51M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$27.55M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$367.91M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$380.11M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$80.52M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$82.51M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Goodwill	`Goodwill`	$542.24M	USD	Point-in-time
Goodwill	`Goodwill`	$542.11M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$154.32M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$145.66M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$2.50M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$2.49M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$45.49M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$56.20M	USD	Point-in-time
Total assets	`Assets`	$1.19B	USD	Point-in-time
Total assets	`Assets`	$1.21B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$626.00K	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$614.00K	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$41.94M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$50.08M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$68.79M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$76.24M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$4.56M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$7.08M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$131.51M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$118.42M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtAndCapitalLeaseObligations`	$227.93M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtAndCapitalLeaseObligations`	$131.19M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$89.66M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$90.44M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$63.30M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$52.78M	USD	Point-in-time
Total liabilities	`Liabilities`	$405.92M	USD	Point-in-time
Total liabilities	`Liabilities`	$499.31M	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interests (Note 10)	`TemporaryEquityRedemptionValue`	$67.17M	USD	Point-in-time
Redeemable noncontrolling interests (Note 10)	`TemporaryEquityRedemptionValue`	$51.22M	USD	Point-in-time
Preferred Stock	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock	`PreferredStockValue`	-	USD	Point-in-time
Common Stock	`CommonStockValue`	$213.00K	USD	Point-in-time
Common Stock	`CommonStockValue`	$214.00K	USD	Point-in-time
Class A Common Stock	`OtherCommonStockClass`	$316.00K	USD	Point-in-time
Class A Common Stock	`OtherCommonStockClass`	$315.00K	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$244.63M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$251.04M	USD	Point-in-time
Deferred compensation obligation	`DeferredCompensationObligation`	$823.00K	USD	Point-in-time
Deferred compensation obligation	`DeferredCompensationObligation`	$928.00K	USD	Point-in-time
HEICO stock held by irrevocable trust	`CommonStockIssuedEmployeeStockTrust`	$823.00K	USD	Point-in-time
HEICO stock held by irrevocable trust	`CommonStockIssuedEmployeeStockTrust`	$928.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.57M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.33M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$375.08M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$301.09M	USD	Point-in-time
Total HEICO shareholders' equity	`StockholdersEquity`	$616.67M	USD	Point-in-time
Total HEICO shareholders' equity	`StockholdersEquity`	$549.33M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$103.09M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$109.35M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$719.76M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$658.68M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.21B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.19B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$216.31M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$237.71M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$428.97M	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$454.20M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$148.26M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$287.16M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$275.52M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$141.12M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$37.60M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$78.21M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$44.76M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$87.41M	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$178.71M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$374.57M	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$193.02M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$353.74M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$44.69M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$37.60M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$79.63M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$75.23M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$1.26M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$654.00K	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$1.44M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$803.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$446.00K	USD	2 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$177.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$321.00K	USD	2 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$161.00K	USD	1 Quarter
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$74.29M	USD	2 Qtrs
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$78.63M	USD	2 Qtrs
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$37.12M	USD	1 Quarter
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$44.05M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$12.90M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$25.60M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$15.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$24.60M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$48.69M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$54.03M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$29.05M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$24.22M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.18M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.46M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.35M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.37M	USD	2 Qtrs
Net income attributable to HEICO	`NetIncomeLoss`	$19.04M	USD	1 Quarter
Net income attributable to HEICO	`NetIncomeLoss`	$43.66M	USD	2 Qtrs
Net income attributable to HEICO	`NetIncomeLoss`	$38.23M	USD	2 Qtrs
Net income attributable to HEICO	`NetIncomeLoss`	$23.70M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.73	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.45	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.36	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.82	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.72	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.36	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.44	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.82	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	53.03M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	52.63M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	52.99M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	52.65M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	53.30M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	53.50M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	53.29M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	53.47M	shares	2 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.05	USD	2 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	-	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	-	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$2.20	USD	2 Qtrs

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net income from consolidated operations	`ProfitLoss`	$48.69M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$54.03M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$29.05M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$24.22M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.27M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$14.44M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$16.41M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.46M	USD	1 Quarter
Tax benefit from stock option exercises	`TaxBenefitFromStockOptionsExercised1`	$13.15M	USD	2 Qtrs
Tax benefit from stock option exercises	`TaxBenefitFromStockOptionsExercised1`	$5.18M	USD	2 Qtrs
Excess tax benefit from stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$5.11M	USD	2 Qtrs
Excess tax benefit from stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$12.10M	USD	2 Qtrs
Stock option compensation expense	`StockOptionPlanExpense`	$2.15M	USD	2 Qtrs
Stock option compensation expense	`StockOptionPlanExpense`	$1.88M	USD	2 Qtrs
Decrease in value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability`	-	USD	2 Qtrs
Decrease in value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability`	$1.20M	USD	2 Qtrs
Issuance of common stock for HEICO Savings and Investment Plan	`PensionContributions`	$-1.16M	USD	2 Qtrs
Issuance of common stock for HEICO Savings and Investment Plan	`PensionContributions`	-	USD	2 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-1.06M	USD	2 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-856.00K	USD	2 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInReceivables`	$4.67M	USD	2 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInReceivables`	$-777.00K	USD	2 Qtrs
Increase in inventories	`IncreaseDecreaseInInventories`	$6.98M	USD	2 Qtrs
Increase in inventories	`IncreaseDecreaseInInventories`	$9.70M	USD	2 Qtrs
Increase in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.73M	USD	2 Qtrs
Increase in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.62M	USD	2 Qtrs
Decrease in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-8.15M	USD	2 Qtrs
Decrease in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.00M	USD	2 Qtrs
Decrease in accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-4.70M	USD	2 Qtrs
Decrease in accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-13.70M	USD	2 Qtrs
Increase in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$4.93M	USD	2 Qtrs
Increase in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$2.19M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-430.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-39.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$45.35M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$44.53M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$161.36M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.24M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.27M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.80M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.36M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.15M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$136.00K	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$6.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-169.64M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.51M	USD	2 Qtrs
Borrowings on revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$145.00M	USD	2 Qtrs
Borrowings on revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$163.00M	USD	2 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$48.00M	USD	2 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$28.00M	USD	2 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$2.53M	USD	2 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$116.64M	USD	2 Qtrs
Acquisitions of noncontrolling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$16.61M	USD	2 Qtrs
Acquisitions of noncontrolling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$7.62M	USD	2 Qtrs
Excess tax benefit from stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$12.10M	USD	2 Qtrs
Excess tax benefit from stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$5.11M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$5.05M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$4.46M	USD	2 Qtrs
Redemptions of common stock related to stock option exercises	`CommonStockIssuedRepurchasedAndRetiredRelatedToStockOptionExercises2`	$-2.36M	USD	2 Qtrs
Redemptions of common stock related to stock option exercises	`CommonStockIssuedRepurchasedAndRetiredRelatedToStockOptionExercises2`	$-127.00K	USD	2 Qtrs
Revolving credit facility issuance costs	`PaymentsOfDebtIssuanceCosts`	$570.00K	USD	2 Qtrs
Revolving credit facility issuance costs	`PaymentsOfDebtIssuanceCosts`	$3.03M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$286.00K	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$275.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$297.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-325.00K	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-38.57M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$129.32M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-19.00K	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-263.00K	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-4.57M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$4.76M	USD	2 Qtrs
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$22.26M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$16.88M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$21.45M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$17.50M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$22.26M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$16.88M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$21.45M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$17.50M	USD	Point-in-time

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.05	USD	2 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	-	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	-	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$2.20	USD	2 Qtrs
Opening Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$719.76M	USD	Point-in-time
Opening Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$658.68M	USD	Point-in-time
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$26.06M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$44.45M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$54.27M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$25.42M	USD	1 Quarter
Redemptions of common stock related to stock option exercises	`CommonStockIssuedRepurchasedAndRetiredRelatedToStockOptionExercises2`	$-2.36M	USD	2 Qtrs
Redemptions of common stock related to stock option exercises	`CommonStockIssuedRepurchasedAndRetiredRelatedToStockOptionExercises2`	$-127.00K	USD	2 Qtrs
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$719.76M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$658.68M	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income from consolidated operations	`ProfitLoss`	$48.69M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$54.03M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$29.05M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$24.22M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-4.24M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$244.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-2.99M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$1.19M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$244.00K	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.19M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.99M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-4.24M	USD	2 Qtrs
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$26.06M	USD	1 Quarter
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$44.45M	USD	2 Qtrs
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$54.27M	USD	2 Qtrs
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$25.42M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.18M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.46M	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.35M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.37M	USD	2 Qtrs
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$33.99M	USD	2 Qtrs
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$20.23M	USD	1 Quarter
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$20.71M	USD	1 Quarter
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$43.90M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.