10-Q Filing

HEICO CORP CIK: 46619 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0000046619-20-000018`
Period End Date	20200430
Filing Date	20200528
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	hei-20200430_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 64 Cash Flow Statement 78 Stockholders Equity 28 Comprehensive Income 36

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Preferred Stock, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred Stock, Par or Stated Value 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`	$346.79M	USD	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$57.00M	USD	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$64.09M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$59.60M	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`	$274.33M	USD	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$230.88M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetGrossCurrent`	$56.03M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Contract assets	`ContractWithCustomerAssetGrossCurrent`	$43.13M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	54.18M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	54.14M	shares	Point-in-time
Inventories, net	`InventoryNet`	$457.82M	USD	Point-in-time
Inventories, net	`InventoryNet`	$420.32M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	54.14M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	54.18M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$33.99M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$18.95M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.13B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$813.73M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$171.40M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$173.34M	USD	Point-in-time
Goodwill	`Goodwill`	$1.30B	USD	Point-in-time
Goodwill	`Goodwill`	$1.27B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$550.69M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$540.62M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$227.11M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$162.74M	USD	Point-in-time
Total assets	`Assets`	$3.36B	USD	Point-in-time
Total assets	`Assets`	$2.97B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$1.02M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$906.00K	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$106.22M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$108.40M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$145.34M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$178.96M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.59M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$3.05M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$256.35M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$289.14M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtAndCapitalLeaseObligations`	$739.19M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtAndCapitalLeaseObligations`	$561.05M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$51.50M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$49.75M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$233.52M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$184.60M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.09B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.28B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$188.26M	USD	Point-in-time
Redeemable noncontrolling interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$196.51M	USD	Point-in-time
Preferred Stock, $.01 par value per share; 10,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, $.01 par value per share; 10,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Common Stock	`CommonStockValue`	$542.00K	USD	Point-in-time
Common Stock	`CommonStockValue`	$541.00K	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$297.32M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$284.61M	USD	Point-in-time
Deferred compensation obligation	`DeferredCompensationObligation`	$4.23M	USD	Point-in-time
Deferred compensation obligation	`DeferredCompensationObligation`	$4.23M	USD	Point-in-time
HEICO stock held by irrevocable trust	`CommonStockIssuedEmployeeStockTrust`	$4.23M	USD	Point-in-time
HEICO stock held by irrevocable trust	`CommonStockIssuedEmployeeStockTrust`	$4.23M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-23.80M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-16.74M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.40B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.58B	USD	Point-in-time
Total HEICO shareholders' equity	`StockholdersEquity`	$1.67B	USD	Point-in-time
Total HEICO shareholders' equity	`StockholdersEquity`	$1.86B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$28.12M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$31.01M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.89B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.69B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.36B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.97B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net sales	`Revenues`	$468.15M	USD	1 Quarter
Net sales	`Revenues`	$515.65M	USD	1 Quarter
Net sales	`Revenues`	$981.79M	USD	2 Qtrs
Net sales	`Revenues`	$974.42M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$289.26M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$597.48M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$306.26M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$590.17M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$174.49M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$90.20M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$70.73M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$157.79M	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$755.27M	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$396.46M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$359.99M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$764.66M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$217.13M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$219.15M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$119.18M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$108.16M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$8.04M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$3.76M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$10.97M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$5.48M	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$2.48M	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$107.00K	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$302.00K	USD	2 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$2.15M	USD	2 Qtrs
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$211.41M	USD	2 Qtrs
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$104.51M	USD	1 Quarter
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$208.31M	USD	2 Qtrs
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$116.18M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$30.20M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$23.60M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$26.10M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$700.00K	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$80.91M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$210.71M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$90.08M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$178.11M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$17.00M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.46M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$13.37M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$8.30M	USD	1 Quarter
Net income attributable to HEICO	`NetIncomeLoss`	$81.78M	USD	1 Quarter
Net income attributable to HEICO	`NetIncomeLoss`	$197.34M	USD	2 Qtrs
Net income attributable to HEICO	`NetIncomeLoss`	$75.45M	USD	1 Quarter
Net income attributable to HEICO	`NetIncomeLoss`	$161.11M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.61	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.56	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.21	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.47	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.55	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.60	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.18	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.44	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	134.67M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	134.60M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	133.12M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	133.31M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.09M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.21M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.27M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.12M	shares	1 Quarter

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net income from consolidated operations	`ProfitLoss`	$80.91M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$210.71M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$90.08M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$178.11M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$40.55M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$43.28M	USD	2 Qtrs
Share-based compensation expense	`StockOptionPlanExpense`	$5.28M	USD	2 Qtrs
Share-based compensation expense	`StockOptionPlanExpense`	$4.99M	USD	2 Qtrs
Employer contributions to HEICO Savings and Investment Plan	`DefinedContributionPlanEmployerDiscretionaryContributionAmount`	$4.81M	USD	2 Qtrs
Employer contributions to HEICO Savings and Investment Plan	`DefinedContributionPlanEmployerDiscretionaryContributionAmount`	$4.60M	USD	2 Qtrs
Change in value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$1.17M	USD	2 Qtrs
Change in value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$3.10M	USD	2 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$648.00K	USD	2 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-5.14M	USD	2 Qtrs
PaymentofContingentConsiderationinExcessofAcquisitionDateValue	`PaymentofContingentConsiderationinExcessofAcquisitionDateValue`	$67.00K	USD	2 Qtrs
PaymentofContingentConsiderationinExcessofAcquisitionDateValue	`PaymentofContingentConsiderationinExcessofAcquisitionDateValue`	$175.00K	USD	2 Qtrs
Change in accounts receivable	`IncreaseDecreaseInReceivables`	$-44.42M	USD	2 Qtrs
Change in accounts receivable	`IncreaseDecreaseInReceivables`	$15.78M	USD	2 Qtrs
Increase (Decrease) in Contract with Customer, Asset	`IncreaseDecreaseInContractWithCustomerAsset`	$-5.70M	USD	2 Qtrs
Increase (Decrease) in Contract with Customer, Asset	`IncreaseDecreaseInContractWithCustomerAsset`	$12.98M	USD	2 Qtrs
Change in inventories	`IncreaseDecreaseInInventories`	$37.79M	USD	2 Qtrs
Change in inventories	`IncreaseDecreaseInInventories`	$26.72M	USD	2 Qtrs
Change in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$15.60M	USD	2 Qtrs
Change in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-27.00K	USD	2 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.63M	USD	2 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-7.70M	USD	2 Qtrs
Change in accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-47.67M	USD	2 Qtrs
Change in accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-16.60M	USD	2 Qtrs
Change in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.14M	USD	2 Qtrs
Change in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-2.02M	USD	2 Qtrs
Increase (Decrease) in Obligation, Other Postretirement Benefits	`IncreaseDecreaseInPostretirementObligations`	$10.60M	USD	2 Qtrs
Increase (Decrease) in Obligation, Other Postretirement Benefits	`IncreaseDecreaseInPostretirementObligations`	$13.95M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.03M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$2.06M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$205.88M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$178.25M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$45.34M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$134.94M	USD	2 Qtrs
Net Investment Related to Deferred Compensation Plan	`NetInvestmentRelatedtoDeferredCompensationPlan`	$13.60M	USD	2 Qtrs
Net Investment Related to Deferred Compensation Plan	`NetInvestmentRelatedtoDeferredCompensationPlan`	$10.80M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$12.44M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$12.60M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.69M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.58M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-636.00K	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-473.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-70.91M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-157.70M	USD	2 Qtrs
Proceeds from Long-term Lines of Credit	`ProceedsFromLongTermLinesOfCredit`	$245.00M	USD	2 Qtrs
Proceeds from Long-term Lines of Credit	`ProceedsFromLongTermLinesOfCredit`	$129.00M	USD	2 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$105.00M	USD	2 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$68.00M	USD	2 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$10.76M	USD	2 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$9.30M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$9.74M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$8.19M	USD	2 Qtrs
Common Stock Issued Repurchased and Retired Related To Stock Option Exercises	`CommonStockIssuedRepurchasedAndRetiredRelatedToStockOptionExercises`	$27.74M	USD	2 Qtrs
Common Stock Issued Repurchased and Retired Related To Stock Option Exercises	`CommonStockIssuedRepurchasedAndRetiredRelatedToStockOptionExercises`	$2.57M	USD	2 Qtrs
Payment of Contingent Consideration	`PaymentofContingentConsideration`	$283.00K	USD	2 Qtrs
Payment of Contingent Consideration	`PaymentofContingentConsideration`	$325.00K	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$2.39M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$5.53M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-176.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-444.00K	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$155.55M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-16.17M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$109.00K	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-744.00K	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$289.79M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$4.49M	USD	2 Qtrs
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$346.79M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$57.00M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$64.09M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$59.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$346.79M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$57.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$64.09M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$59.60M	USD	Point-in-time

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.07	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.08	USD	1 Quarter
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.89B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.69B	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.89B	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.69B	USD	Point-in-time
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTax`	$190.28M	USD	2 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTax`	$76.50M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTax`	$70.91M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTax`	$160.02M	USD	2 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$7.95M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$13.07M	USD	2 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.29M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$16.84M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$176.86M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$203.35M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$76.20M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$84.45M	USD	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.89B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.69B	USD	Point-in-time
Starting Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$188.26M	USD	Point-in-time
Starting Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$196.51M	USD	Point-in-time
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$7.95M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$13.07M	USD	2 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.29M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$16.84M	USD	2 Qtrs
Ending Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$188.26M	USD	Point-in-time
Ending Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$196.51M	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income from consolidated operations	`ProfitLoss`	$80.91M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$210.71M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$90.08M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$178.11M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-7.40M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.26M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-5.64M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-4.72M	USD	1 Quarter
Amortization of unrealized loss on defined benefit pension plan, net of tax	`DefinedBenefitPlanAmortizationOfGainsLosses`	$12.00K	USD	2 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`	$15.00K	USD	1 Quarter
Amortization of unrealized loss on defined benefit pension plan, net of tax	`DefinedBenefitPlanAmortizationOfGainsLosses`	$39.00K	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-4.71M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-5.63M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.25M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-7.36M	USD	2 Qtrs
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$176.86M	USD	2 Qtrs
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$203.35M	USD	2 Qtrs
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$76.20M	USD	1 Quarter
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$84.45M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$17.00M	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.46M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$13.37M	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$8.30M	USD	1 Quarter
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-347.00K	USD	1 Quarter
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-165.00K	USD	1 Quarter
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-154.00K	USD	2 Qtrs
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-295.00K	USD	2 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$7.95M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$13.07M	USD	2 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.29M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$16.84M	USD	2 Qtrs
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$190.28M	USD	2 Qtrs
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$76.50M	USD	1 Quarter
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$70.91M	USD	1 Quarter
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$160.02M	USD	2 Qtrs

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