10-Q Filing

HEICO CORP CIK: 46619 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0000046619-15-000025`
Period End Date	20150430
Filing Date	20150521
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	hei-20150430.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 68 Cash Flow Statement 82 Stockholders Equity 18 Comprehensive Income 32

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	26.85M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	26.89M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.68M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.23M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$15.50M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	26.89M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	26.85M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$21.40M	USD	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$152.66M	USD	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$149.67M	USD	Point-in-time
Inventories, net	`InventoryNet`	$218.04M	USD	Point-in-time
Inventories, net	`InventoryNet`	$231.03M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$15.10M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$8.87M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$34.48M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$33.01M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$431.29M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$452.49M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$104.49M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$93.86M	USD	Point-in-time
Goodwill	`Goodwill`	$686.27M	USD	Point-in-time
Goodwill	`Goodwill`	$712.04M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$223.30M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$200.81M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$1.21M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$1.06M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$87.06M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$75.91M	USD	Point-in-time
Total assets	`Assets`	$1.49B	USD	Point-in-time
Total assets	`Assets`	$1.58B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$418.00K	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$346.00K	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$57.16M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$56.09M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$82.09M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$92.58M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$2.46M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$2.07M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$152.22M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$140.99M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtAndCapitalLeaseObligations`	$326.47M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtAndCapitalLeaseObligations`	$328.69M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$115.29M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$111.43M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$105.53M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$82.29M	USD	Point-in-time
Total liabilities	`Liabilities`	$674.63M	USD	Point-in-time
Total liabilities	`Liabilities`	$688.28M	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interests (Note 3)	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$39.97M	USD	Point-in-time
Redeemable noncontrolling interests (Note 3)	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$63.91M	USD	Point-in-time
Common Stock	`CommonStockValue`	$268.00K	USD	Point-in-time
Common Stock	`CommonStockValue`	$269.00K	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$269.35M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$280.61M	USD	Point-in-time
Deferred compensation obligation	`DeferredCompensationObligation`	$1.14M	USD	Point-in-time
Deferred compensation obligation	`DeferredCompensationObligation`	$1.30M	USD	Point-in-time
HEICO stock held by irrevocable trust	`CommonStockIssuedEmployeeStockTrust`	$1.30M	USD	Point-in-time
HEICO stock held by irrevocable trust	`CommonStockIssuedEmployeeStockTrust`	$1.14M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-8.29M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-19.21M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$437.76M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$486.53M	USD	Point-in-time
Total HEICO shareholders' equity	`StockholdersEquity`	$748.60M	USD	Point-in-time
Total HEICO shareholders' equity	`StockholdersEquity`	$699.48M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$79.81M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$75.14M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$828.40M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$774.62M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.58B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.49B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$291.42M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$549.06M	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$282.23M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$559.61M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$185.93M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$182.31M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$357.02M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$360.31M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$97.10M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$49.71M	USD	1 Quarter
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`	$235.63M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$457.41M	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$449.50M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$55.79M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$102.19M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$49.17M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$99.56M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$2.72M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$2.26M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$1.44M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$1.15M	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$362.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$508.00K	USD	2 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$350.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$559.00K	USD	2 Qtrs
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$55.00M	USD	1 Quarter
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$48.08M	USD	1 Quarter
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$97.34M	USD	2 Qtrs
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$100.50M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$16.50M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$32.00M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$29.90M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$15.30M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$70.59M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$65.34M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$38.50M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$32.78M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.40M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$9.85M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.41M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$9.52M	USD	2 Qtrs
Net income attributable to HEICO	`NetIncomeLoss`	$55.82M	USD	2 Qtrs
Net income attributable to HEICO	`NetIncomeLoss`	$28.37M	USD	1 Quarter
Net income attributable to HEICO	`NetIncomeLoss`	$33.10M	USD	1 Quarter
Net income attributable to HEICO	`NetIncomeLoss`	$60.74M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.43	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.91	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.50	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.84	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.49	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.42	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.83	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.90	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`	66.71M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	66.65M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	67.73M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	67.40M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	67.45M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	67.80M	shares	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	-	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.41	USD	2 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	-	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.07	USD	2 Qtrs

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net income from consolidated operations	`ProfitLoss`	$70.59M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$65.34M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$38.50M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$32.78M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.24M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$24.14M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.09M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$23.14M	USD	2 Qtrs
Share-based compensation expense	`StockOptionPlanExpense`	$4.19M	USD	2 Qtrs
Share-based compensation expense	`StockOptionPlanExpense`	$2.78M	USD	2 Qtrs
Employer contributions to HEICO Savings and Investment Plan	`DefinedContributionPlanEmployerDiscretionaryContributionAmount`	$3.07M	USD	2 Qtrs
Employer contributions to HEICO Savings and Investment Plan	`DefinedContributionPlanEmployerDiscretionaryContributionAmount`	$2.60M	USD	2 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-1.85M	USD	2 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-3.15M	USD	2 Qtrs
Tax benefit from stock option exercises	`DeferredTaxExpenseFromStockOptionsExercised`	$1.41M	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`	$1.41M	USD	2 Qtrs
Change in value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-9.29M	USD	2 Qtrs
Change in value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-1.06M	USD	2 Qtrs
Foreign currency transaction adjustments, net	`ForeignCurrencyTransactionGainBeforeTax`	-	USD	2 Qtrs
Foreign currency transaction adjustments, net	`ForeignCurrencyTransactionGainBeforeTax`	$2.25M	USD	2 Qtrs
Change in accounts receivable	`IncreaseDecreaseInReceivables`	$8.11M	USD	2 Qtrs
Change in accounts receivable	`IncreaseDecreaseInReceivables`	$-2.04M	USD	2 Qtrs
Change in inventories	`IncreaseDecreaseInInventories`	$4.96M	USD	2 Qtrs
Change in inventories	`IncreaseDecreaseInInventories`	$6.20M	USD	2 Qtrs
Change in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.62M	USD	2 Qtrs
Change in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.34M	USD	2 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.70M	USD	2 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.51M	USD	2 Qtrs
Change in accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-16.30M	USD	2 Qtrs
Change in accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-18.15M	USD	2 Qtrs
Change in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$173.00K	USD	2 Qtrs
Change in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$778.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-5.99M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$55.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$64.81M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$569.00K	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$49.48M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.21M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.46M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.49M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.50M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-86.00K	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$8.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-58.86M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-8.06M	USD	2 Qtrs
Borrowings on revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$105.00M	USD	2 Qtrs
Borrowings on revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$61.70M	USD	2 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$45.00M	USD	2 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$61.00M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$71.11M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$4.73M	USD	2 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$4.67M	USD	2 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$27.23M	USD	2 Qtrs
Acquisitions of noncontrolling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	-	USD	2 Qtrs
Acquisitions of noncontrolling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$1.24M	USD	2 Qtrs
Revolving credit facility issuance costs	`PaymentsOfDebtIssuanceCosts`	$767.00K	USD	2 Qtrs
Revolving credit facility issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Redemptions of common stock related to stock option exercises	`CommonStockIssuedRepurchasedAndRetiredRelatedToStockOptionExercises`	$5.00K	USD	2 Qtrs
Redemptions of common stock related to stock option exercises	`CommonStockIssuedRepurchasedAndRetiredRelatedToStockOptionExercises`	$273.00K	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$400.00K	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$2.95M	USD	2 Qtrs
Excess tax benefit from stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.41M	USD	2 Qtrs
Excess tax benefit from stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$93.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-936.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-201.00K	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-41.06M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-4.55M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$27.00K	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-949.00K	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$450.00K	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$5.90M	USD	2 Qtrs
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$20.68M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$20.23M	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`	$20.68M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$20.23M	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 18 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`	$0.41	USD	2 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	-	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.07	USD	2 Qtrs
Starting Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$828.40M	USD	Point-in-time
Starting Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$774.62M	USD	Point-in-time
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$58.86M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$34.59M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$38.51M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$64.69M	USD	2 Qtrs
Redemptions of common stock related to stock option exercises	`CommonStockIssuedRepurchasedAndRetiredRelatedToStockOptionExercises`	$5.00K	USD	2 Qtrs
Redemptions of common stock related to stock option exercises	`CommonStockIssuedRepurchasedAndRetiredRelatedToStockOptionExercises`	$273.00K	USD	2 Qtrs
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$828.40M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$774.62M	USD	Point-in-time
Starting Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$39.97M	USD	Point-in-time
Starting Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$63.91M	USD	Point-in-time
Ending Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$39.97M	USD	Point-in-time
Ending Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$63.91M	USD	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net income from consolidated operations	`ProfitLoss`	$70.59M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$65.34M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$38.50M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$32.78M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-651.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$1.81M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-11.73M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$3.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-651.00K	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-11.73M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.81M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$3.00K	USD	1 Quarter
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$58.86M	USD	2 Qtrs
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$34.59M	USD	1 Quarter
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$38.51M	USD	1 Quarter
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$64.69M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.40M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$9.85M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.41M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$9.52M	USD	2 Qtrs
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-353.00K	USD	1 Quarter
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-810.00K	USD	2 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeLossNetofTaxAttributabletoNoncontrollingInterestsIncludingRedeemableNoncontrollingInterests`	$5.05M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeLossNetofTaxAttributabletoNoncontrollingInterestsIncludingRedeemableNoncontrollingInterests`	$9.52M	USD	2 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeLossNetofTaxAttributabletoNoncontrollingInterestsIncludingRedeemableNoncontrollingInterests`	$4.41M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeLossNetofTaxAttributabletoNoncontrollingInterestsIncludingRedeemableNoncontrollingInterests`	$9.04M	USD	2 Qtrs
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$30.18M	USD	1 Quarter
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$55.17M	USD	2 Qtrs
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$33.46M	USD	1 Quarter
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$49.82M	USD	2 Qtrs

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