10-Q Filing

HEICO CORP CIK: 46619 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0000046619-16-000113`
Period End Date	20160430
Filing Date	20160527
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	hei-20160430.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 68 Cash Flow Statement 76 Stockholders Equity 20 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.68M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.23M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	26.95M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$36.79M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	26.91M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	26.95M	shares	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$179.21M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	26.91M	shares	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$181.59M	USD	Point-in-time
Inventories, net	`InventoryNet`	$243.52M	USD	Point-in-time
Inventories, net	`InventoryNet`	$282.14M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$9.37M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$12.03M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$35.83M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$35.53M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$546.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$503.61M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$105.67M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$117.66M	USD	Point-in-time
Goodwill	`Goodwill`	$868.57M	USD	Point-in-time
Goodwill	`Goodwill`	$766.64M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$272.59M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$386.65M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$847.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$680.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$87.03M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$97.55M	USD	Point-in-time
Total assets	`Assets`	$1.74B	USD	Point-in-time
Total assets	`Assets`	$2.02B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$357.00K	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$355.00K	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$63.19M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$64.68M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$89.76M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$100.16M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$8.52M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$3.19M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$161.83M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$168.39M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtAndCapitalLeaseObligations`	$367.24M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtAndCapitalLeaseObligations`	$562.58M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$110.59M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$109.78M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$105.62M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$116.11M	USD	Point-in-time
Total liabilities	`Liabilities`	$751.83M	USD	Point-in-time
Total liabilities	`Liabilities`	$950.29M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$88.38M	USD	Point-in-time
Redeemable noncontrolling interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$91.28M	USD	Point-in-time
Common Stock	`CommonStockValue`	$270.00K	USD	Point-in-time
Common Stock	`CommonStockValue`	$269.00K	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$296.69M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$286.22M	USD	Point-in-time
Deferred compensation obligation	`DeferredCompensationObligation`	$1.64M	USD	Point-in-time
Deferred compensation obligation	`DeferredCompensationObligation`	$1.78M	USD	Point-in-time
HEICO stock held by irrevocable trust	`CommonStockIssuedEmployeeStockTrust`	$1.78M	USD	Point-in-time
HEICO stock held by irrevocable trust	`CommonStockIssuedEmployeeStockTrust`	$1.64M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-25.08M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-19.09M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$548.05M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$613.07M	USD	Point-in-time
Total HEICO shareholders' equity	`StockholdersEquity`	$891.35M	USD	Point-in-time
Total HEICO shareholders' equity	`StockholdersEquity`	$809.86M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$83.41M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$87.09M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$978.44M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$893.27M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.74B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.02B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$559.61M	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$350.65M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$656.88M	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$291.42M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$185.93M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$360.31M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$216.62M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$410.65M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$126.81M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$49.71M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$67.23M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$97.10M	USD	2 Qtrs
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`	$537.46M	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$283.85M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$55.79M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$66.79M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$102.19M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$119.42M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$2.33M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$3.90M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$2.26M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$1.15M	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$568.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$138.00K	USD	2 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$559.00K	USD	2 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$362.00K	USD	1 Quarter
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$55.00M	USD	1 Quarter
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$115.65M	USD	2 Qtrs
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$65.03M	USD	1 Quarter
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$100.50M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$36.00M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$21.30M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$29.90M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$16.50M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$43.73M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$70.59M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$38.50M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$79.65M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.40M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.07M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$9.85M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$9.72M	USD	2 Qtrs
Net income attributable to HEICO	`NetIncomeLoss`	$33.10M	USD	1 Quarter
Net income attributable to HEICO	`NetIncomeLoss`	$38.66M	USD	1 Quarter
Net income attributable to HEICO	`NetIncomeLoss`	$60.74M	USD	2 Qtrs
Net income attributable to HEICO	`NetIncomeLoss`	$69.93M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.50	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.91	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.58	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.05	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.49	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.90	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.03	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.57	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	66.71M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	66.90M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	66.65M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	66.92M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	67.80M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	67.98M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	67.73M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	68.03M	shares	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.07	USD	2 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.08	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 Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income from consolidated operations	`ProfitLoss`	$43.73M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$70.59M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$38.50M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$79.65M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$29.18M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$23.14M	USD	2 Qtrs
Share-based compensation expense	`StockOptionPlanExpense`	$3.29M	USD	2 Qtrs
Share-based compensation expense	`StockOptionPlanExpense`	$2.78M	USD	2 Qtrs
Employer contributions to HEICO Savings and Investment Plan	`DefinedContributionPlanEmployerDiscretionaryContributionAmount`	$2.60M	USD	2 Qtrs
Employer contributions to HEICO Savings and Investment Plan	`DefinedContributionPlanEmployerDiscretionaryContributionAmount`	$3.27M	USD	2 Qtrs
Foreign currency transaction adjustments, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-2.19M	USD	2 Qtrs
Foreign currency transaction adjustments, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$2.25M	USD	2 Qtrs
Change in value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$1.68M	USD	2 Qtrs
Change in value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-1.06M	USD	2 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-1.17M	USD	2 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-1.85M	USD	2 Qtrs
Tax benefit from stock option exercises	`DeferredTaxExpenseFromStockOptionsExercised`	$1.41M	USD	2 Qtrs
Tax benefit from stock option exercises	`DeferredTaxExpenseFromStockOptionsExercised`	$870.00K	USD	2 Qtrs
Excess tax benefit from stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.41M	USD	2 Qtrs
Excess tax benefit from stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$870.00K	USD	2 Qtrs
Change in accounts receivable	`IncreaseDecreaseInReceivables`	$-7.88M	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`	$9.86M	USD	2 Qtrs
Change in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.62M	USD	2 Qtrs
Change in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.62M	USD	2 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-4.86M	USD	2 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.70M	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`	$-10.22M	USD	2 Qtrs
Change in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$5.49M	USD	2 Qtrs
Change in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$173.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$1.19M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$778.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$64.81M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$102.70M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$263.81M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$49.48M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.46M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$15.55M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.21M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.86M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$3.24M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-86.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-58.86M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-282.60M	USD	2 Qtrs
Borrowings on revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$61.70M	USD	2 Qtrs
Borrowings on revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$260.00M	USD	2 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$66.00M	USD	2 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$61.00M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$4.73M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$5.51M	USD	2 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$5.35M	USD	2 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$4.67M	USD	2 Qtrs
Acquisitions of noncontrolling interests	`PaymentsToMinorityShareholders`	$3.60M	USD	2 Qtrs
Acquisitions of noncontrolling interests	`PaymentsToMinorityShareholders`	-	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$1.47M	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`	$870.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-206.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-181.00K	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$181.70M	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`	$-949.00K	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.38M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.19M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$450.00K	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`	$33.60M	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`	$36.79M	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`	$33.60M	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`	$36.79M	USD	Point-in-time

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.07	USD	2 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.08	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
Starting Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$978.44M	USD	Point-in-time
Starting Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$893.27M	USD	Point-in-time
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$38.51M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$58.86M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$86.20M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$52.94M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$10.28M	USD	2 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$9.04M	USD	2 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.83M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.05M	USD	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$978.44M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$893.27M	USD	Point-in-time
Starting Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$88.38M	USD	Point-in-time
Starting Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$91.28M	USD	Point-in-time
Ending Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$88.38M	USD	Point-in-time
Ending Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$91.28M	USD	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net income from consolidated operations	`ProfitLoss`	$43.73M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$70.59M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$38.50M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$79.65M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$3.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$6.55M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$9.21M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-11.73M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$9.21M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$6.55M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-11.73M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$3.00K	USD	1 Quarter
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$38.51M	USD	1 Quarter
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$58.86M	USD	2 Qtrs
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$86.20M	USD	2 Qtrs
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$52.94M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.40M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.07M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$9.85M	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$9.72M	USD	2 Qtrs
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$758.00K	USD	1 Quarter
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$554.00K	USD	2 Qtrs
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-810.00K	USD	2 Qtrs
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-353.00K	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$10.28M	USD	2 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$9.04M	USD	2 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.83M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.05M	USD	1 Quarter
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$75.92M	USD	2 Qtrs
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$49.82M	USD	2 Qtrs
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$47.11M	USD	1 Quarter
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$33.46M	USD	1 Quarter

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