10-Q Filing

HEICO CORP CIK: 46619 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0000046619-17-000042`
Period End Date	20170731
Filing Date	20170825
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	hei-20170731.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 68 Cash Flow Statement 78 Stockholders Equity 28 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
Common stock, shares issued	`CommonStockSharesIssued`	33.72M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$49.49M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$27.19M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$42.95M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	33.77M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	33.72M	shares	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$206.41M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	33.77M	shares	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$202.23M	USD	Point-in-time
Inventories, net	`InventoryNet`	$286.30M	USD	Point-in-time
Inventories, net	`InventoryNet`	$340.47M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$16.29M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$11.67M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$43.27M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$41.06M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$655.93M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$584.22M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$129.91M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$121.61M	USD	Point-in-time
Goodwill	`Goodwill`	$921.98M	USD	Point-in-time
Goodwill	`Goodwill`	$865.72M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$366.86M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$390.93M	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`	$100.66M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$124.98M	USD	Point-in-time
Total assets	`Assets`	$2.22B	USD	Point-in-time
Total assets	`Assets`	$2.04B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$450.00K	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$411.00K	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$78.80M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$73.33M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$147.86M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$136.05M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$4.62M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$227.10M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$214.42M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtAndCapitalLeaseObligations`	$457.81M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtAndCapitalLeaseObligations`	$434.31M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$105.96M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$106.87M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$114.06M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$131.89M	USD	Point-in-time
Total liabilities	`Liabilities`	$892.26M	USD	Point-in-time
Total liabilities	`Liabilities`	$900.17M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$99.51M	USD	Point-in-time
Redeemable noncontrolling interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$126.88M	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`	$322.02M	USD	Point-in-time
Deferred compensation obligation	`DeferredCompensationObligation`	$2.32M	USD	Point-in-time
Deferred compensation obligation	`DeferredCompensationObligation`	$2.46M	USD	Point-in-time
HEICO stock held by irrevocable trust	`CommonStockIssuedEmployeeStockTrust`	$2.32M	USD	Point-in-time
HEICO stock held by irrevocable trust	`CommonStockIssuedEmployeeStockTrust`	$2.46M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-8.57M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-25.33M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$797.62M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$681.70M	USD	Point-in-time
Total HEICO shareholders' equity	`StockholdersEquity`	$963.38M	USD	Point-in-time
Total HEICO shareholders' equity	`StockholdersEquity`	$1.11B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$84.75M	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`	$1.20B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.04B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.22B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$391.50M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$1.01B	USD	3 Qtrs
Net sales	`SalesRevenueNet`	$1.10B	USD	3 Qtrs
Net sales	`SalesRevenueNet`	$356.08M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$633.15M	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$242.60M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$222.50M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$688.89M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$72.78M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$63.73M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$190.54M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$197.48M	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$823.69M	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$886.38M	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$315.38M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$286.23M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$76.12M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$69.85M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$217.21M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$189.27M	USD	3 Qtrs
Interest expense	`InterestExpenseDebt`	$2.29M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$6.19M	USD	3 Qtrs
Interest expense	`InterestExpenseDebt`	$6.38M	USD	3 Qtrs
Interest expense	`InterestExpenseDebt`	$2.45M	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$835.00K	USD	3 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$154.00K	USD	3 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$16.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$200.00K	USD	1 Quarter
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$183.23M	USD	3 Qtrs
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$73.88M	USD	1 Quarter
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$211.67M	USD	3 Qtrs
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$67.58M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$22.40M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$56.60M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$63.10M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$20.60M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$51.48M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$46.98M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$148.57M	USD	3 Qtrs
Net income from consolidated operations	`ProfitLoss`	$126.63M	USD	3 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.97M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.78M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$16.26M	USD	3 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$14.70M	USD	3 Qtrs
Net income attributable to HEICO	`NetIncomeLoss`	$42.00M	USD	1 Quarter
Net income attributable to HEICO	`NetIncomeLoss`	$132.31M	USD	3 Qtrs
Net income attributable to HEICO	`NetIncomeLoss`	$45.70M	USD	1 Quarter
Net income attributable to HEICO	`NetIncomeLoss`	$111.93M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.50	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.54	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.57	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.34	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.53	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.49	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.53	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.32	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	83.72M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	83.91M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	84.34M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	84.23M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	85.35M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	85.10M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	86.64M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	86.89M	shares	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.13	USD	3 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.15	USD	3 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.06	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.08	USD	1 Quarter

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net income from consolidated operations	`ProfitLoss`	$51.48M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$46.98M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$148.57M	USD	3 Qtrs
Net income from consolidated operations	`ProfitLoss`	$126.63M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$46.91M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$44.60M	USD	3 Qtrs
Employer contributions to HEICO Savings and Investment Plan	`DefinedContributionPlanEmployerDiscretionaryContributionAmount`	$5.22M	USD	3 Qtrs
Employer contributions to HEICO Savings and Investment Plan	`DefinedContributionPlanEmployerDiscretionaryContributionAmount`	$5.73M	USD	3 Qtrs
Share-based compensation expense	`StockOptionPlanExpense`	$5.21M	USD	3 Qtrs
Share-based compensation expense	`StockOptionPlanExpense`	$4.91M	USD	3 Qtrs
Change in value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$1.23M	USD	3 Qtrs
Change in value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$2.63M	USD	3 Qtrs
Foreign currency transaction adjustments, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-3.32M	USD	3 Qtrs
Foreign currency transaction adjustments, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-876.00K	USD	3 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-6.05M	USD	3 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-7.00M	USD	3 Qtrs
Tax benefit from stock option exercises	`DeferredTaxExpenseFromStockOptionsExercised`	$867.00K	USD	3 Qtrs
Tax benefit from stock option exercises	`DeferredTaxExpenseFromStockOptionsExercised`	-	USD	3 Qtrs
Excess tax benefit from stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$880.00K	USD	3 Qtrs
Excess tax benefit from stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	-	USD	3 Qtrs
Change in accounts receivable	`IncreaseDecreaseInReceivables`	$-13.34M	USD	3 Qtrs
Change in accounts receivable	`IncreaseDecreaseInReceivables`	$2.97M	USD	3 Qtrs
Change in inventories	`IncreaseDecreaseInInventories`	$22.41M	USD	3 Qtrs
Change in inventories	`IncreaseDecreaseInInventories`	$13.91M	USD	3 Qtrs
Change in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.72M	USD	3 Qtrs
Change in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.94M	USD	3 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.63M	USD	3 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.56M	USD	3 Qtrs
Change in accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$15.63M	USD	3 Qtrs
Change in accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-1.48M	USD	3 Qtrs
Change in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.77M	USD	3 Qtrs
Change in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-5.42M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$1.41M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$2.33M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$172.42M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$179.30M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$95.76M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$263.81M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.91M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.45M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$23.11M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.57M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$685.00K	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$3.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-289.93M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-116.89M	USD	3 Qtrs
Borrowings on revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$87.00M	USD	3 Qtrs
Borrowings on revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$260.00M	USD	3 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$113.00M	USD	3 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$118.00M	USD	3 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$12.92M	USD	3 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$16.16M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$10.72M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$12.81M	USD	3 Qtrs
Payment of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$7.04M	USD	3 Qtrs
Payment of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$6.96M	USD	3 Qtrs
Acquisitions of noncontrolling interests	`PaymentsToMinorityShareholders`	$3.60M	USD	3 Qtrs
Acquisitions of noncontrolling interests	`PaymentsToMinorityShareholders`	$3.85M	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$4.17M	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$4.83M	USD	3 Qtrs
Excess tax benefit from stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$880.00K	USD	3 Qtrs
Payments of Debt Restructuring Costs	`PaymentsOfDebtRestructuringCosts`	$270.00K	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-241.00K	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-272.00K	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$110.00M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-58.96M	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.10M	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$3.08M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$6.53M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-6.41M	USD	3 Qtrs
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$49.49M	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`	$27.19M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$42.95M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$49.49M	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`	$27.19M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$42.95M	USD	Point-in-time

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.13	USD	3 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.15	USD	3 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.06	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.08	USD	1 Quarter
Starting Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.05B	USD	Point-in-time
Starting Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.20B	USD	Point-in-time
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTax`	$62.13M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTax`	$149.07M	USD	3 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTax`	$38.72M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTax`	$114.64M	USD	3 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$4.62M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$14.90M	USD	3 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$6.97M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$17.38M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$129.54M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$43.34M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$166.45M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$69.10M	USD	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.05B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.20B	USD	Point-in-time
Starting Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$99.51M	USD	Point-in-time
Starting Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$126.88M	USD	Point-in-time
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$4.62M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$14.90M	USD	3 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$6.97M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$17.38M	USD	3 Qtrs
Ending Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$99.51M	USD	Point-in-time
Ending Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$126.88M	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income from consolidated operations	`ProfitLoss`	$51.48M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$46.98M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$148.57M	USD	3 Qtrs
Net income from consolidated operations	`ProfitLoss`	$126.63M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$2.91M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$17.85M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-3.64M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$17.62M	USD	1 Quarter
Amortization of unrealized loss on defined benefit pension plan, net of tax	`DefinedBenefitPlanAmortizationOfGainsLosses`	$22.00K	USD	3 Qtrs
Amortization of unrealized loss on defined benefit pension plan, net of tax	`DefinedBenefitPlanAmortizationOfGainsLosses`	-	USD	3 Qtrs
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`	$7.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$17.88M	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$17.63M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-3.64M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$2.91M	USD	3 Qtrs
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$129.54M	USD	3 Qtrs
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$43.34M	USD	1 Quarter
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$166.45M	USD	3 Qtrs
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$69.10M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.97M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.78M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$16.26M	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$14.70M	USD	3 Qtrs
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$201.00K	USD	3 Qtrs
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$1.19M	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`	$1.12M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$4.62M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$14.90M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$6.97M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$17.38M	USD	3 Qtrs
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$62.13M	USD	1 Quarter
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$149.07M	USD	3 Qtrs
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$38.72M	USD	1 Quarter
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$114.64M	USD	3 Qtrs

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