10-Q Filing

HEICO CORP CIK: 46619 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0000046619-17-000032`
Period End Date	20170430
Filing Date	20170525
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	hei-20170430.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 68 Cash Flow Statement 77 Stockholders Equity 24 Comprehensive Income 36

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`	$36.73M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	33.72M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$42.95M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$36.79M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.60M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	33.76M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	33.76M	shares	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$213.11M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	33.72M	shares	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$202.23M	USD	Point-in-time
Inventories, net	`InventoryNet`	$325.66M	USD	Point-in-time
Inventories, net	`InventoryNet`	$286.30M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$12.81M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$11.67M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$41.52M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$41.06M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$584.22M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$629.84M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$121.61M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$126.40M	USD	Point-in-time
Goodwill	`Goodwill`	$912.54M	USD	Point-in-time
Goodwill	`Goodwill`	$865.72M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$388.37M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$366.86M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	-	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$407.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$120.20M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$100.66M	USD	Point-in-time
Total assets	`Assets`	$2.04B	USD	Point-in-time
Total assets	`Assets`	$2.18B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$407.00K	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$411.00K	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$73.33M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$73.62M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$136.05M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$135.38M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$4.62M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$2.57M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$211.98M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$214.42M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtAndCapitalLeaseObligations`	$460.46M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtAndCapitalLeaseObligations`	$457.81M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$108.43M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$105.96M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$132.80M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$114.06M	USD	Point-in-time
Total liabilities	`Liabilities`	$913.68M	USD	Point-in-time
Total liabilities	`Liabilities`	$892.26M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$125.13M	USD	Point-in-time
Redeemable noncontrolling interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$99.51M	USD	Point-in-time
Common Stock	`CommonStockValue`	$338.00K	USD	Point-in-time
Common Stock	`CommonStockValue`	$270.00K	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$306.33M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$317.05M	USD	Point-in-time
Deferred compensation obligation	`DeferredCompensationObligation`	$2.46M	USD	Point-in-time
Deferred compensation obligation	`DeferredCompensationObligation`	$2.32M	USD	Point-in-time
HEICO stock held by irrevocable trust	`CommonStockIssuedEmployeeStockTrust`	$2.46M	USD	Point-in-time
HEICO stock held by irrevocable trust	`CommonStockIssuedEmployeeStockTrust`	$2.32M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-25.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-25.33M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$681.70M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$756.41M	USD	Point-in-time
Total HEICO shareholders' equity	`StockholdersEquity`	$1.05B	USD	Point-in-time
Total HEICO shareholders' equity	`StockholdersEquity`	$963.38M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$89.23M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$84.33M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.05B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.14B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.04B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.18B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$368.66M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$656.88M	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$712.09M	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$350.65M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$228.28M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$446.29M	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`	$67.23M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$63.84M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$124.71M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$126.81M	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$537.46M	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$571.00M	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$292.12M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$283.85M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$76.54M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$66.79M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$141.09M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$119.42M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$2.33M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$3.93M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$3.90M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$1.96M	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$151.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$138.00K	USD	2 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$568.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$635.00K	USD	2 Qtrs
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$137.80M	USD	2 Qtrs
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$65.03M	USD	1 Quarter
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$74.73M	USD	1 Quarter
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$115.65M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$21.30M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$23.90M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$40.70M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$36.00M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$50.83M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$97.10M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$79.65M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$43.73M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.07M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.15M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$9.72M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.48M	USD	2 Qtrs
Net income attributable to HEICO	`NetIncomeLoss`	$86.61M	USD	2 Qtrs
Net income attributable to HEICO	`NetIncomeLoss`	$45.69M	USD	1 Quarter
Net income attributable to HEICO	`NetIncomeLoss`	$38.66M	USD	1 Quarter
Net income attributable to HEICO	`NetIncomeLoss`	$69.93M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.46	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.54	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.84	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.03	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.53	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.45	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.00	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.82	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	83.62M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	83.65M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	84.18M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	84.22M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	84.98M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	85.03M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	86.64M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	86.52M	shares	2 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.06	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 dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	-	USD	1 Quarter

Cash Flow Statement 77 line items

Line Item	Tag	Value	Unit	Period
Net income from consolidated operations	`ProfitLoss`	$50.83M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$97.10M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$79.65M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$43.73M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$30.50M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$29.18M	USD	2 Qtrs
Share-based compensation expense	`StockOptionPlanExpense`	$3.29M	USD	2 Qtrs
Share-based compensation expense	`StockOptionPlanExpense`	$3.11M	USD	2 Qtrs
Employer contributions to HEICO Savings and Investment Plan	`DefinedContributionPlanEmployerDiscretionaryContributionAmount`	$3.68M	USD	2 Qtrs
Employer contributions to HEICO Savings and Investment Plan	`DefinedContributionPlanEmployerDiscretionaryContributionAmount`	$3.27M	USD	2 Qtrs
Foreign currency transaction adjustments, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$280.00K	USD	2 Qtrs
Foreign currency transaction adjustments, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-2.19M	USD	2 Qtrs
Change in value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$1.68M	USD	2 Qtrs
Change in value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$1.15M	USD	2 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-2.91M	USD	2 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-1.17M	USD	2 Qtrs
Tax benefit from stock option exercises	`DeferredTaxExpenseFromStockOptionsExercised`	-	USD	2 Qtrs
Tax benefit from stock option exercises	`DeferredTaxExpenseFromStockOptionsExercised`	$870.00K	USD	2 Qtrs
Excess tax benefit from stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	-	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`	$-1.36M	USD	2 Qtrs
Change in inventories	`IncreaseDecreaseInInventories`	$9.86M	USD	2 Qtrs
Change in inventories	`IncreaseDecreaseInInventories`	$14.25M	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`	$225.00K	USD	2 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-4.86M	USD	2 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-7.57M	USD	2 Qtrs
Change in accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-10.22M	USD	2 Qtrs
Change in accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-11.18M	USD	2 Qtrs
Change in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$5.49M	USD	2 Qtrs
Change in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-2.02M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$750.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$1.19M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$97.71M	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`	$80.84M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.86M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.54M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$15.55M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.12M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$944.00K	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$3.24M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-282.60M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-95.32M	USD	2 Qtrs
Borrowings on revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$260.00M	USD	2 Qtrs
Borrowings on revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$87.00M	USD	2 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$66.00M	USD	2 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$84.00M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$5.51M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$3.90M	USD	2 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$5.35M	USD	2 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$6.06M	USD	2 Qtrs
Acquisitions of noncontrolling interests	`PaymentsToMinorityShareholders`	$3.60M	USD	2 Qtrs
Acquisitions of noncontrolling interests	`PaymentsToMinorityShareholders`	$3.85M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$1.47M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$2.30M	USD	2 Qtrs
Excess tax benefit from stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	-	USD	2 Qtrs
Excess tax benefit from stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$870.00K	USD	2 Qtrs
Payments of Debt Restructuring Costs	`PaymentsOfDebtRestructuringCosts`	$270.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-181.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-371.00K	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-9.15M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$181.70M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$532.00K	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`	$-6.22M	USD	2 Qtrs
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$36.73M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$42.95M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$36.79M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$33.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$36.73M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$42.95M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$36.79M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$33.60M	USD	Point-in-time

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.06	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 dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	-	USD	1 Quarter
Starting Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.05B	USD	Point-in-time
Starting Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.14B	USD	Point-in-time
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTax`	$47.11M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTax`	$47.23M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTax`	$75.92M	USD	2 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTax`	$86.94M	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`	$10.28M	USD	2 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.37M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$10.41M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$97.35M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$52.60M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$52.94M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$86.20M	USD	2 Qtrs
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.05B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.14B	USD	Point-in-time
Starting Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$125.13M	USD	Point-in-time
Starting Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$99.51M	USD	Point-in-time
Ending Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$125.13M	USD	Point-in-time
Ending Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$99.51M	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income from consolidated operations	`ProfitLoss`	$50.83M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$97.10M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$79.65M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$43.73M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$1.76M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$6.55M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$234.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$9.21M	USD	1 Quarter
Amortization of unrealized loss on defined benefit pension plan, net of tax	`DefinedBenefitPlanAmortizationOfGainsLosses`	-	USD	1 Quarter
Amortization of unrealized loss on defined benefit pension plan, net of tax	`DefinedBenefitPlanAmortizationOfGainsLosses`	$15.00K	USD	2 Qtrs
Amortization of unrealized loss on defined benefit pension plan, net of tax	`DefinedBenefitPlanAmortizationOfGainsLosses`	$8.00K	USD	1 Quarter
Amortization of unrealized loss on defined benefit pension plan, net of tax	`DefinedBenefitPlanAmortizationOfGainsLosses`	-	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.77M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$249.00K	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$6.55M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$9.21M	USD	1 Quarter
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$97.35M	USD	2 Qtrs
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$52.60M	USD	1 Quarter
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$52.94M	USD	1 Quarter
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$86.20M	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.07M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.15M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$9.72M	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.48M	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`	$-75.00K	USD	2 Qtrs
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$221.00K	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.83M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$10.28M	USD	2 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.37M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$10.41M	USD	2 Qtrs
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$47.11M	USD	1 Quarter
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$47.23M	USD	1 Quarter
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$75.92M	USD	2 Qtrs
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$86.94M	USD	2 Qtrs

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