10-Q Filing

HEICO CORP CIK: 46619 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0000046619-19-000061`
Period End Date	20190731
Filing Date	20190829
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	a73119heiform10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 68 Cash Flow Statement 78 Stockholders Equity 64 Comprehensive Income 36

Balance Sheet 90 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
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$59.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$59.02M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$52.07M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$66.98M	USD	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$237.29M	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`	$259.32M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetGrossCurrent`	$14.18M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Contract assets	`ContractWithCustomerAssetGrossCurrent`	$47.24M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Inventories, net	`InventoryNet`	$401.55M	USD	Point-in-time
Inventories, net	`InventoryNet`	$416.31M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	53.81M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	53.35M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$20.69M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	53.81M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	53.35M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$21.19M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$802.58M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$733.81M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$173.18M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$154.74M	USD	Point-in-time
Goodwill	`Goodwill`	$1.11B	USD	Point-in-time
Goodwill	`Goodwill`	$1.26B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$506.36M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$561.55M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$159.50M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$143.66M	USD	Point-in-time
Total assets	`Assets`	$2.96B	USD	Point-in-time
Total assets	`Assets`	$2.65B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$859.00K	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$860.00K	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$107.22M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$97.89M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$168.90M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$171.51M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.48M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$2.84M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$282.43M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$269.14M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtAndCapitalLeaseObligations`	$639.30M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtAndCapitalLeaseObligations`	$531.61M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$46.64M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$51.63M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$157.66M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$179.49M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.02B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.14B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$133.60M	USD	Point-in-time
Redeemable noncontrolling interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$178.35M	USD	Point-in-time
Redeemable noncontrolling interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$131.12M	USD	Point-in-time
Redeemable noncontrolling interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$151.45M	USD	Point-in-time
Redeemable noncontrolling interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$132.05M	USD	Point-in-time
Redeemable noncontrolling interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$134.03M	USD	Point-in-time
Preferred Stock	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock	`PreferredStockValue`	-	USD	Point-in-time
Common Stock	`CommonStockValue`	$538.00K	USD	Point-in-time
Common Stock	`CommonStockValue`	$534.00K	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$320.99M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$309.06M	USD	Point-in-time
Deferred compensation obligation	`DeferredCompensationObligation`	$3.43M	USD	Point-in-time
Deferred compensation obligation	`DeferredCompensationObligation`	$3.93M	USD	Point-in-time
HEICO stock held by irrevocable trust	`CommonStockIssuedEmployeeStockTrust`	$3.93M	USD	Point-in-time
HEICO stock held by irrevocable trust	`CommonStockIssuedEmployeeStockTrust`	$3.43M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-16.78M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-15.26M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.09B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.32B	USD	Point-in-time
Total HEICO shareholders' equity	`StockholdersEquity`	$1.62B	USD	Point-in-time
Total HEICO shareholders' equity	`StockholdersEquity`	$1.40B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$104.76M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$26.38M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.37B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.64B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.43B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.25B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.50B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.66B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.65B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.96B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net sales	`Revenues`	$465.82M	USD	1 Quarter
Net sales	`Revenues`	$532.32M	USD	1 Quarter
Net sales	`Revenues`	$1.51B	USD	3 Qtrs
Net sales	`Revenues`	$1.30B	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$319.49M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$284.22M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$909.66M	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$796.58M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$93.42M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$231.71M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$80.19M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$267.91M	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$412.91M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$1.03B	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$1.18B	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$364.40M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$336.54M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$272.55M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$101.42M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$119.41M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$5.21M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$5.52M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$16.50M	USD	3 Qtrs
Interest expense	`InterestExpenseDebt`	$14.84M	USD	3 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$268.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$-112.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$-2.00K	USD	3 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$2.42M	USD	3 Qtrs
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$257.70M	USD	3 Qtrs
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$322.47M	USD	3 Qtrs
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$114.16M	USD	1 Quarter
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$96.10M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$22.20M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$25.10M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$46.10M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$55.30M	USD	3 Qtrs
Net income from consolidated operations	`ProfitLoss`	$89.06M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$73.90M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$211.60M	USD	3 Qtrs
Net income from consolidated operations	`ProfitLoss`	$267.17M	USD	3 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$19.75M	USD	3 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$24.96M	USD	3 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.81M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$7.96M	USD	1 Quarter
Net income attributable to HEICO	`NetIncomeLoss`	$191.86M	USD	3 Qtrs
Net income attributable to HEICO	`NetIncomeLoss`	$81.10M	USD	1 Quarter
Net income attributable to HEICO	`NetIncomeLoss`	$67.09M	USD	1 Quarter
Net income attributable to HEICO	`NetIncomeLoss`	$242.21M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.45	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.61	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.82	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.51	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.76	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.49	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.59	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.40	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	133.41M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	132.79M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	132.42M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	133.97M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	136.73M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.63M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	136.57M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.27M	shares	3 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.14	USD	3 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.07	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.06	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.12	USD	3 Qtrs

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net income from consolidated operations	`ProfitLoss`	$89.06M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$73.90M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$211.60M	USD	3 Qtrs
Net income from consolidated operations	`ProfitLoss`	$267.17M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$57.52M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$61.69M	USD	3 Qtrs
Share-based compensation expense	`StockOptionPlanExpense`	$7.67M	USD	3 Qtrs
Share-based compensation expense	`StockOptionPlanExpense`	$6.93M	USD	3 Qtrs
Employer contributions to HEICO Savings and Investment Plan	`DefinedContributionPlanEmployerDiscretionaryContributionAmount`	$6.01M	USD	3 Qtrs
Employer contributions to HEICO Savings and Investment Plan	`DefinedContributionPlanEmployerDiscretionaryContributionAmount`	$7.13M	USD	3 Qtrs
Increase in accrued contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$3.73M	USD	3 Qtrs
Decrease in accrued contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationAsset1`	$3.79M	USD	3 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-13.48M	USD	3 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-3.29M	USD	3 Qtrs
Payment of contingent consideration	`PaymentofContingentConsiderationinExcessofAcquisitionDateValue`	$3.10M	USD	3 Qtrs
Change in accounts receivable	`IncreaseDecreaseInReceivables`	$21.04M	USD	3 Qtrs
Change in accounts receivable	`IncreaseDecreaseInReceivables`	$14.82M	USD	3 Qtrs
Decrease (increase) in contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$5.27M	USD	3 Qtrs
Decrease (increase) in contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$-7.43M	USD	3 Qtrs
Change in inventories	`IncreaseDecreaseInInventories`	$27.02M	USD	3 Qtrs
Change in inventories	`IncreaseDecreaseInInventories`	$40.97M	USD	3 Qtrs
Change in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.03M	USD	3 Qtrs
Change in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.34M	USD	3 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-11.78M	USD	3 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$10.05M	USD	3 Qtrs
Change in accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$8.80M	USD	3 Qtrs
Change in accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$8.08M	USD	3 Qtrs
Change in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-13.48M	USD	3 Qtrs
Change in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$772.00K	USD	3 Qtrs
Net changes in other long-term liabilities and assets related to HEICO Leadership Compensation Plan	`IncreaseDecreaseInPostretirementObligations`	$11.29M	USD	3 Qtrs
Net changes in other long-term liabilities and assets related to HEICO Leadership Compensation Plan	`IncreaseDecreaseInPostretirementObligations`	$10.07M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$921.00K	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.49M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$214.75M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$313.40M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$235.17M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$40.60M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.44M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$21.67M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.07M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$35.90M	USD	3 Qtrs
Investments related to HEICO Leadership Compensation Plan	`NetInvestmentRelatedtoDeferredCompensationPlan`	$10.05M	USD	3 Qtrs
Investments related to HEICO Leadership Compensation Plan	`NetInvestmentRelatedtoDeferredCompensationPlan`	$10.80M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$2.74M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-628.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-89.28M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-267.02M	USD	3 Qtrs
Borrowings on revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$53.00M	USD	3 Qtrs
Borrowings on revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$288.00M	USD	3 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$180.00M	USD	3 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$110.00M	USD	3 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$7.13M	USD	3 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$104.70M	USD	3 Qtrs
Redemption of common stock related to stock option exercises	`CommonStockIssuedRepurchasedAndRetiredRelatedToStockOptionExercises`	$24.94M	USD	3 Qtrs
Redemption of common stock related to stock option exercises	`CommonStockIssuedRepurchasedAndRetiredRelatedToStockOptionExercises`	$35.60M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$15.36M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$18.69M	USD	3 Qtrs
Payment of Contingent Consideration	`PaymentofContingentConsideration`	$4.07M	USD	3 Qtrs
Payment of Contingent Consideration	`PaymentofContingentConsideration`	$5.42M	USD	3 Qtrs
Revolving credit facility issuance costs	`PaymentsOfDebtIssuanceCosts`	$4.07M	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$8.27M	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$3.04M	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-376.00K	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-387.00K	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-47.18M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-111.27M	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$222.00K	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$710.00K	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$14.91M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-576.00K	USD	3 Qtrs
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$59.60M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$59.02M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$52.07M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$66.98M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$59.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$59.02M	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`	$66.98M	USD	Point-in-time

Stockholders Equity 64 line items

Line Item	Tag	Value	Unit	Period
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.14	USD	3 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.07	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.06	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.12	USD	3 Qtrs
Starting Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.37B	USD	Point-in-time
Starting Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.64B	USD	Point-in-time
Starting Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.43B	USD	Point-in-time
Starting Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.25B	USD	Point-in-time
Starting Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.50B	USD	Point-in-time
Starting Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.66B	USD	Point-in-time
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTax`	$59.41M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTax`	$240.69M	USD	3 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTax`	$193.00M	USD	3 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTax`	$80.67M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$6.31M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$24.71M	USD	3 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$19.82M	USD	3 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$7.87M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$265.39M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$88.53M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$65.72M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$212.82M	USD	3 Qtrs
Cash dividends	`DividendsCommonStockCash`	$15.36M	USD	3 Qtrs
Cash dividends	`DividendsCommonStockCash`	$7.97M	USD	1 Quarter
Cash dividends	`DividendsCommonStockCash`	$9.39M	USD	1 Quarter
Cash dividends	`DividendsCommonStockCash`	$18.69M	USD	3 Qtrs
Dividends, Common Stock, Stock	`DividendsCommonStockStock`	$29.00K	USD	1 Quarter
Dividends, Common Stock, Stock	`DividendsCommonStockStock`	$29.00K	USD	3 Qtrs
Issuance of common stock to Savings and Investment Plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$1.27M	USD	1 Quarter
Issuance of common stock to Savings and Investment Plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$7.66M	USD	3 Qtrs
Issuance of common stock to Savings and Investment Plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$2.45M	USD	1 Quarter
Issuance of common stock to Savings and Investment Plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$7.00M	USD	3 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.69M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.67M	USD	3 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.93M	USD	3 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.47M	USD	1 Quarter
Proceeds from stock option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.74M	USD	1 Quarter
Proceeds from stock option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$8.27M	USD	3 Qtrs
Proceeds from stock option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.04M	USD	3 Qtrs
Proceeds from stock option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.04M	USD	1 Quarter
Redemption of common stock related to share-based compensation	`Redemptionofcommonstockrelatedtostockoptionexercises`	$35.60M	USD	3 Qtrs
Redemption of common stock related to share-based compensation	`Redemptionofcommonstockrelatedtostockoptionexercises`	$7.86M	USD	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.37B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.64B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.43B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.25B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.50B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.66B	USD	Point-in-time
Starting Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$133.60M	USD	Point-in-time
Starting Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$178.35M	USD	Point-in-time
Starting Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$131.12M	USD	Point-in-time
Starting Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$151.45M	USD	Point-in-time
Starting Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$132.05M	USD	Point-in-time
Starting Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$134.03M	USD	Point-in-time
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$6.31M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$24.71M	USD	3 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$19.82M	USD	3 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$7.87M	USD	1 Quarter
Ending Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$133.60M	USD	Point-in-time
Ending Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$178.35M	USD	Point-in-time
Ending Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$131.12M	USD	Point-in-time
Ending Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$151.45M	USD	Point-in-time
Ending Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$132.05M	USD	Point-in-time
Ending Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$134.03M	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income from consolidated operations	`ProfitLoss`	$89.06M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$73.90M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$211.60M	USD	3 Qtrs
Net income from consolidated operations	`ProfitLoss`	$267.17M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-532.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.79M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-8.18M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$1.21M	USD	3 Qtrs
Amortization of unrealized loss on defined benefit pension plan, net of tax	`DefinedBenefitPlanAmortizationOfGainsLosses`	$11.00K	USD	3 Qtrs
Amortization of unrealized loss on defined benefit pension plan, net of tax	`DefinedBenefitPlanAmortizationOfGainsLosses`	$6.00K	USD	1 Quarter
Amortization of unrealized loss on defined benefit pension plan, net of tax	`DefinedBenefitPlanAmortizationOfGainsLosses`	$18.00K	USD	3 Qtrs
Amortization of unrealized loss on defined benefit pension plan, net of tax	`DefinedBenefitPlanAmortizationOfGainsLosses`	$5.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-8.18M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-526.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.22M	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.78M	USD	3 Qtrs
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$265.39M	USD	3 Qtrs
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$88.53M	USD	1 Quarter
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$65.72M	USD	1 Quarter
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$212.82M	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$19.75M	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$24.96M	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.81M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$7.96M	USD	1 Quarter
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-95.00K	USD	1 Quarter
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$72.00K	USD	3 Qtrs
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-249.00K	USD	3 Qtrs
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-505.00K	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$6.31M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$24.71M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$19.82M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$7.87M	USD	1 Quarter
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$59.41M	USD	1 Quarter
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$240.69M	USD	3 Qtrs
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$193.00M	USD	3 Qtrs
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$80.67M	USD	1 Quarter

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