10-Q Filing

HEICO CORP CIK: 46619 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0000046619-18-000056`
Period End Date	20180430
Filing Date	20180531
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	hei-20180430.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 68 Cash Flow Statement 73 Stockholders Equity 49 Comprehensive Income 36

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$52.07M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$48.23M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$36.73M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$42.95M	USD	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$222.46M	USD	Point-in-time
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
Accounts receivable, net	`ReceivablesNetCurrent`	$238.23M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Inventories, net	`InventoryNet`	$382.67M	USD	Point-in-time
Inventories, net	`InventoryNet`	$343.63M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	42.66M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$13.74M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$25.60M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	42.22M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	42.66M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$694.73M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	42.22M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$631.89M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$148.11M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$129.88M	USD	Point-in-time
Goodwill	`Goodwill`	$1.08B	USD	Point-in-time
Goodwill	`Goodwill`	$1.10B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$538.08M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$532.26M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$131.27M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$148.22M	USD	Point-in-time
Total assets	`Assets`	$2.63B	USD	Point-in-time
Total assets	`Assets`	$2.51B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$451.00K	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$480.00K	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$89.72M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$94.37M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$135.20M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$147.61M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$11.65M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$249.44M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$230.05M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtAndCapitalLeaseObligations`	$683.36M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtAndCapitalLeaseObligations`	$673.53M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$46.88M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$59.03M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$151.03M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$164.05M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.13B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.12B	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`	$125.13M	USD	Point-in-time
Redeemable noncontrolling interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$134.03M	USD	Point-in-time
Redeemable noncontrolling interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$131.12M	USD	Point-in-time
Preferred Stock	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock	`PreferredStockValue`	-	USD	Point-in-time
Common Stock	`CommonStockValue`	$427.00K	USD	Point-in-time
Common Stock	`CommonStockValue`	$338.00K	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$326.54M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$311.71M	USD	Point-in-time
Deferred compensation obligation	`DeferredCompensationObligation`	$3.12M	USD	Point-in-time
Deferred compensation obligation	`DeferredCompensationObligation`	$3.12M	USD	Point-in-time
HEICO stock held by irrevocable trust	`CommonStockIssuedEmployeeStockTrust`	$3.12M	USD	Point-in-time
HEICO stock held by irrevocable trust	`CommonStockIssuedEmployeeStockTrust`	$3.12M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.52M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-10.56M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$964.57M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$844.25M	USD	Point-in-time
Total HEICO shareholders' equity	`StockholdersEquity`	$1.28B	USD	Point-in-time
Total HEICO shareholders' equity	`StockholdersEquity`	$1.16B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$87.21M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$93.68M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.37B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.25B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.14B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.05B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.63B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.51B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$430.60M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$368.66M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$835.01M	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$712.09M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$512.36M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$228.28M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$446.29M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$262.75M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$76.29M	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`	$151.52M	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$339.04M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$663.89M	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$292.12M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$571.00M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$141.09M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$91.56M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$76.54M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$171.12M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$9.63M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$3.93M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$1.96M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$4.90M	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$635.00K	USD	2 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$-250.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$110.00K	USD	2 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$151.00K	USD	1 Quarter
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$161.61M	USD	2 Qtrs
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$74.73M	USD	1 Quarter
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$137.80M	USD	2 Qtrs
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$86.41M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$40.70M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$23.90M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$20.40M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$23.90M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$97.10M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$66.01M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$50.83M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$137.71M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$12.94M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.48M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.15M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.39M	USD	1 Quarter
Net income attributable to HEICO	`NetIncomeLoss`	$59.62M	USD	1 Quarter
Net income attributable to HEICO	`NetIncomeLoss`	$45.69M	USD	1 Quarter
Net income attributable to HEICO	`NetIncomeLoss`	$86.61M	USD	2 Qtrs
Net income attributable to HEICO	`NetIncomeLoss`	$124.77M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.43	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.18	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.56	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.82	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.14	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.55	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.80	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.42	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	105.94M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	105.23M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	105.79M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	105.28M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	109.19M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	109.27M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	108.15M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	108.30M	shares	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	-	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	-	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.07	USD	2 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.06	USD	2 Qtrs

Cash Flow Statement 73 line items

Line Item	Tag	Value	Unit	Period
Net income from consolidated operations	`ProfitLoss`	$97.10M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$66.01M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$50.83M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$137.71M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$30.50M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$38.09M	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`	$4.08M	USD	2 Qtrs
Share-based compensation expense	`StockOptionPlanExpense`	$4.46M	USD	2 Qtrs
Share-based compensation expense	`StockOptionPlanExpense`	$3.11M	USD	2 Qtrs
Decrease in accrued contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationAsset1`	$3.41M	USD	2 Qtrs
Increase in accrued contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$1.15M	USD	2 Qtrs
Foreign Currency Transaction Loss, before Tax	`ForeignCurrencyTransactionLossBeforeTax`	$117.00K	USD	2 Qtrs
Foreign Currency Transaction Gain, before Tax	`ForeignCurrencyTransactionGainBeforeTax`	$280.00K	USD	2 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-13.16M	USD	2 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-2.91M	USD	2 Qtrs
Change in accounts receivable	`IncreaseDecreaseInReceivables`	$-1.36M	USD	2 Qtrs
Change in accounts receivable	`IncreaseDecreaseInReceivables`	$14.34M	USD	2 Qtrs
Change in inventories	`IncreaseDecreaseInInventories`	$14.25M	USD	2 Qtrs
Change in inventories	`IncreaseDecreaseInInventories`	$29.81M	USD	2 Qtrs
Change in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$225.00K	USD	2 Qtrs
Change in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.27M	USD	2 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.91M	USD	2 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-7.57M	USD	2 Qtrs
Change in accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-11.18M	USD	2 Qtrs
Change in accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-14.53M	USD	2 Qtrs
Change in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-14.71M	USD	2 Qtrs
Change in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-2.02M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$750.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-868.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$97.71M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$95.00M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$80.84M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$39.36M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.54M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.12M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$21.88M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$29.46M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$944.00K	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$2.74M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-95.32M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-71.56M	USD	2 Qtrs
Borrowings on revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$87.00M	USD	2 Qtrs
Borrowings on revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$53.00M	USD	2 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$84.00M	USD	2 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$43.00M	USD	2 Qtrs
Redemption of common stock related to stock option exercises	`CommonStockIssuedRepurchasedAndRetiredRelatedToStockOptionExercises`	$24.62M	USD	2 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$6.06M	USD	2 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$7.39M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$4.45M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$3.90M	USD	2 Qtrs
Revolving credit facility issuance costs	`PaymentsOfDebtIssuanceCosts`	$4.07M	USD	2 Qtrs
Revolving credit facility issuance costs	`PaymentsOfDebtIssuanceCosts`	$270.00K	USD	2 Qtrs
Acquisitions of noncontrolling interests	`PaymentsToMinorityShareholders`	$3.85M	USD	2 Qtrs
Payment of Contingent Consideration	`PaymentofContingentConsideration`	$300.00K	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$2.30M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$1.99M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-371.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-232.00K	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-29.07M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-9.15M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$532.00K	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.80M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-6.22M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-3.84M	USD	2 Qtrs
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$52.07M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$48.23M	USD	Point-in-time
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 end of period	`CashAndCashEquivalentsAtCarryingValue`	$52.07M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$48.23M	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

Stockholders Equity 49 line items

Line Item	Tag	Value	Unit	Period
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	-	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	-	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.07	USD	2 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.06	USD	2 Qtrs
Starting Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.37B	USD	Point-in-time
Starting Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.25B	USD	Point-in-time
Starting Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.14B	USD	Point-in-time
Starting Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.05B	USD	Point-in-time
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`	$53.46M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTax`	$133.59M	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`	$5.98M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$10.41M	USD	2 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$13.51M	USD	2 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.37M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$52.60M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$59.44M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$147.10M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$97.35M	USD	2 Qtrs
Cash dividends	`DividendsCommonStockCash`	$7.39M	USD	2 Qtrs
Cash dividends	`DividendsCommonStockCash`	$6.06M	USD	2 Qtrs
Five-for-Four Common Stock Split	`DividendsCommonStockStock`	$23.00K	USD	2 Qtrs
Issuance of common stock to Savings and Investment Plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$4.55M	USD	2 Qtrs
Issuance of common stock to Savings and Investment Plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$5.48M	USD	2 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.11M	USD	2 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.46M	USD	2 Qtrs
Proceeds from stock option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.99M	USD	2 Qtrs
Proceeds from stock option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.30M	USD	2 Qtrs
Redemption of common stock related to share-based compensation	`Redemptionofcommonstockrelatedtostockoptionexercises`	$24.62M	USD	2 Qtrs
Adjustments to Additional Paid in Capital, Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$-994.00K	USD	2 Qtrs
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.37B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.25B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.14B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.05B	USD	Point-in-time
Starting Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$99.51M	USD	Point-in-time
Starting Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$125.13M	USD	Point-in-time
Starting Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$134.03M	USD	Point-in-time
Starting Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$131.12M	USD	Point-in-time
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.98M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$10.41M	USD	2 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$13.51M	USD	2 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.37M	USD	1 Quarter
Noncontrolling interests assumed related to acquisition	`NoncontrollingInterestIncreaseFromBusinessCombination`	$2.49M	USD	2 Qtrs
Other	`TemporaryEquityOtherChanges`	$994.00K	USD	2 Qtrs
Ending 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`	$134.03M	USD	Point-in-time
Ending Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$131.12M	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income from consolidated operations	`ProfitLoss`	$97.10M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$66.01M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$50.83M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$137.71M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-6.57M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$1.76M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$234.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$9.39M	USD	2 Qtrs
Amortization of unrealized loss on defined benefit pension plan, net of tax	`DefinedBenefitPlanAmortizationOfGainsLosses`	$6.00K	USD	2 Qtrs
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`	$2.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$249.00K	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.77M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$9.40M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-6.57M	USD	1 Quarter
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$52.60M	USD	1 Quarter
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$59.44M	USD	1 Quarter
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$147.10M	USD	2 Qtrs
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$97.35M	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$12.94M	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.48M	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.15M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.39M	USD	1 Quarter
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`	$577.00K	USD	2 Qtrs
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-417.00K	USD	1 Quarter
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$221.00K	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.98M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$10.41M	USD	2 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$13.51M	USD	2 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.37M	USD	1 Quarter
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$47.23M	USD	1 Quarter
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$53.46M	USD	1 Quarter
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$133.59M	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.