10-Q Filing

HEICO CORP CIK: 46619 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0000046619-14-000028`
Period End Date	20140430
Filing Date	20140522
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	hei-20140430.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 68 Cash Flow Statement 80 Stockholders Equity 15 Comprehensive Income 24

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	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`	$15.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$21.40M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$165.05M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$157.02M	USD	Point-in-time
Inventories, net	`InventoryNet`	$218.89M	USD	Point-in-time
Inventories, net	`InventoryNet`	$225.02M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$21.24M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$17.02M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$33.04M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$30.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$441.47M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$462.71M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$97.74M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$95.50M	USD	Point-in-time
Goodwill	`Goodwill`	$688.09M	USD	Point-in-time
Goodwill	`Goodwill`	$688.49M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$227.52M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$241.56M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$1.79M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$1.49M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$72.13M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$61.97M	USD	Point-in-time
Total assets	`Assets`	$1.53B	USD	Point-in-time
Total assets	`Assets`	$1.55B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$697.00K	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$519.00K	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$56.37M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$54.85M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$105.73M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$79.98M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$136.87M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$161.29M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtAndCapitalLeaseObligations`	$376.82M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtAndCapitalLeaseObligations`	$436.07M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$122.11M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$128.48M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$97.34M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$83.98M	USD	Point-in-time
Total liabilities	`Liabilities`	$792.39M	USD	Point-in-time
Total liabilities	`Liabilities`	$750.56M	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interests (Note 2)	`TemporaryEquityRedemptionValue`	$37.83M	USD	Point-in-time
Redeemable noncontrolling interests (Note 2)	`TemporaryEquityRedemptionValue`	$59.22M	USD	Point-in-time
Preferred Stock	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock	`PreferredStockValue`	-	USD	Point-in-time
Common Stock	`CommonStockValue`	$268.00K	USD	Point-in-time
Common Stock	`CommonStockValue`	$268.00K	USD	Point-in-time
Class A Common Stock	`OtherCommonStockClass`	$397.00K	USD	Point-in-time
Class A Common Stock	`OtherCommonStockClass`	$396.00K	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$263.37M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$255.89M	USD	Point-in-time
Deferred compensation obligation	`DeferredCompensationObligation`	$1.14M	USD	Point-in-time
Deferred compensation obligation	`DeferredCompensationObligation`	$1.14M	USD	Point-in-time
HEICO stock held by irrevocable trust	`CommonStockIssuedEmployeeStockTrust`	$1.14M	USD	Point-in-time
HEICO stock held by irrevocable trust	`CommonStockIssuedEmployeeStockTrust`	$1.14M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-507.00K	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$144.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$349.65M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$378.88M	USD	Point-in-time
Total HEICO shareholders' equity	`StockholdersEquity`	$642.41M	USD	Point-in-time
Total HEICO shareholders' equity	`StockholdersEquity`	$606.35M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$74.81M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$116.89M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$723.24M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$717.22M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.53B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.55B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$549.06M	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$237.71M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$282.23M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$454.20M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$148.26M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$357.02M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$287.16M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$182.31M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$44.76M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$87.41M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$92.48M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$50.75M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$233.06M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$193.02M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$374.57M	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$449.50M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$99.56M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$79.63M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$49.17M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$44.69M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$1.44M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$2.72M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$1.44M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$803.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$446.00K	USD	2 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$161.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$508.00K	USD	2 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$350.00K	USD	1 Quarter
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$97.34M	USD	2 Qtrs
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$44.05M	USD	1 Quarter
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$78.63M	USD	2 Qtrs
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$48.08M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$24.60M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$15.30M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$15.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$32.00M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$29.05M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$65.34M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$32.78M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$54.03M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$9.52M	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
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.41M	USD	1 Quarter
Net income attributable to HEICO	`NetIncomeLoss`	$28.37M	USD	1 Quarter
Net income attributable to HEICO	`NetIncomeLoss`	$23.70M	USD	1 Quarter
Net income attributable to HEICO	`NetIncomeLoss`	$55.82M	USD	2 Qtrs
Net income attributable to HEICO	`NetIncomeLoss`	$43.66M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.66	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.84	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.43	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.36	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.83	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.42	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.35	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.65	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	66.44M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	66.42M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	66.29M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	66.24M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	67.40M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	66.87M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	67.45M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	66.83M	shares	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`	$1.76	USD	2 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.41	USD	2 Qtrs

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net income from consolidated operations	`ProfitLoss`	$29.05M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$65.34M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$32.78M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$54.03M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.27M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.09M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$24.14M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$16.41M	USD	2 Qtrs
Stock option compensation expense	`StockOptionPlanExpense`	$2.15M	USD	2 Qtrs
Stock option compensation expense	`StockOptionPlanExpense`	$4.19M	USD	2 Qtrs
Issuance of common stock to HEICO Savings and Investment Plan	`ValueOfSharesIssuedtoDefinedContributionPlan`	$1.16M	USD	2 Qtrs
Issuance of common stock to HEICO Savings and Investment Plan	`ValueOfSharesIssuedtoDefinedContributionPlan`	$3.07M	USD	2 Qtrs
Tax benefit from stock option exercises	`DeferredTaxExpenseFromStockOptionsExercised`	$5.18M	USD	2 Qtrs
Tax benefit from stock option exercises	`DeferredTaxExpenseFromStockOptionsExercised`	$93.00K	USD	2 Qtrs
Excess tax benefit from stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$93.00K	USD	2 Qtrs
Excess tax benefit from stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$5.11M	USD	2 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$-856.00K	USD	2 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$-3.15M	USD	2 Qtrs
Decrease in value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-1.20M	USD	2 Qtrs
Decrease in value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-9.29M	USD	2 Qtrs
Decrease in accounts receivable	`IncreaseDecreaseInReceivables`	$4.67M	USD	2 Qtrs
Decrease in accounts receivable	`IncreaseDecreaseInReceivables`	$8.11M	USD	2 Qtrs
Increase in inventories	`IncreaseDecreaseInInventories`	$6.20M	USD	2 Qtrs
Increase in inventories	`IncreaseDecreaseInInventories`	$9.70M	USD	2 Qtrs
Decrease (increase) in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.62M	USD	2 Qtrs
Decrease (increase) in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.34M	USD	2 Qtrs
Decrease in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.51M	USD	2 Qtrs
Decrease in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-8.15M	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`	$-18.15M	USD	2 Qtrs
Increase (decrease) in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$2.19M	USD	2 Qtrs
Increase (decrease) in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-430.00K	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-5.99M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$55.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$44.53M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.80M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.49M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.27M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.50M	USD	1 Quarter
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$569.00K	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.24M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$8.00K	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$6.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-8.06M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-10.51M	USD	2 Qtrs
Borrowings on revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$105.00M	USD	2 Qtrs
Borrowings on revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$145.00M	USD	2 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$48.00M	USD	2 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$45.00M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$71.11M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$4.46M	USD	2 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$116.64M	USD	2 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$27.23M	USD	2 Qtrs
Acquisitions of noncontrolling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$1.24M	USD	2 Qtrs
Acquisitions of noncontrolling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$16.61M	USD	2 Qtrs
Revolving credit facility issuance costs	`PaymentsOfDebtIssuanceCosts`	$570.00K	USD	2 Qtrs
Revolving credit facility issuance costs	`PaymentsOfDebtIssuanceCosts`	$767.00K	USD	2 Qtrs
Redemptions of common stock related to stock option exercises	`CommonStockIssuedRepurchasedAndRetiredRelatedToStockOptionExercises`	$273.00K	USD	2 Qtrs
Redemptions of common stock related to stock option exercises	`CommonStockIssuedRepurchasedAndRetiredRelatedToStockOptionExercises`	$2.36M	USD	2 Qtrs
Excess tax benefit from stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$93.00K	USD	2 Qtrs
Excess tax benefit from stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$5.11M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$400.00K	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$286.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-936.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-325.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-41.06M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-38.57M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$27.00K	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-19.00K	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-4.57M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$5.90M	USD	2 Qtrs
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`	$15.50M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$21.40M	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`	$15.50M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$21.40M	USD	Point-in-time

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
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`	$1.76	USD	2 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.41	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$723.24M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$717.22M	USD	Point-in-time
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$34.59M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$64.69M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$26.06M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$54.27M	USD	2 Qtrs
Cash dividends	`DividendsCommonStockCash`	$27.20M	USD	2 Qtrs
Redemptions of common stock related to share-based compensation	`CommonStockIssuedRepurchasedAndRetiredRelatedToStockOptionExercises`	$273.00K	USD	2 Qtrs
Redemptions of common stock related to share-based compensation	`CommonStockIssuedRepurchasedAndRetiredRelatedToStockOptionExercises`	$2.36M	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$723.24M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$717.22M	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income from consolidated operations	`ProfitLoss`	$29.05M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$65.34M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$32.78M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$54.03M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-2.99M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$244.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$1.81M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-651.00K	USD	2 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-2.99M	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$1.81M	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$244.00K	USD	2 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-651.00K	USD	2 Qtrs
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$34.59M	USD	1 Quarter
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$64.69M	USD	2 Qtrs
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$26.06M	USD	1 Quarter
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$54.27M	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$9.52M	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
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.41M	USD	1 Quarter
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$55.17M	USD	2 Qtrs
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$20.71M	USD	1 Quarter
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$43.90M	USD	2 Qtrs
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$30.18M	USD	1 Quarter

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