10-Q Filing

HEICO CORP CIK: 46619 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0000046619-20-000044`
Period End Date	20200731
Filing Date	20200827
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	hei-20200731_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 64 Cash Flow Statement 79 Stockholders Equity 34 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
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`	$59.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$59.02M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$57.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$395.28M	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`	$181.13M	USD	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$274.33M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetGrossCurrent`	$43.13M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetGrossCurrent`	$59.11M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Inventories, net	`InventoryNet`	$420.32M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	54.14M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	54.19M	shares	Point-in-time
Inventories, net	`InventoryNet`	$473.10M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	54.14M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$18.95M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$32.12M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	54.19M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$813.73M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.14B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$173.34M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$170.34M	USD	Point-in-time
Goodwill	`Goodwill`	$1.27B	USD	Point-in-time
Goodwill	`Goodwill`	$1.32B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$542.67M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$550.69M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$249.44M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$162.74M	USD	Point-in-time
Total assets	`Assets`	$2.97B	USD	Point-in-time
Total assets	`Assets`	$3.42B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$1.07M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$906.00K	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$80.55M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$106.22M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$178.96M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$146.29M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$3.05M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.73M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$289.14M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$229.64M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtAndCapitalLeaseObligations`	$739.02M	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`	$45.87M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$252.37M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$184.60M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.27B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.09B	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`	$204.14M	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`	$541.00K	USD	Point-in-time
Common Stock	`CommonStockValue`	$542.00K	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$284.61M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$301.53M	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`	$-16.74M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.45M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.62B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.40B	USD	Point-in-time
Total HEICO shareholders' equity	`StockholdersEquity`	$1.92B	USD	Point-in-time
Total HEICO shareholders' equity	`StockholdersEquity`	$1.67B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$28.12M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$30.50M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.95B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.69B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.42B	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`	$1.51B	USD	3 Qtrs
Net sales	`Revenues`	$386.41M	USD	1 Quarter
Net sales	`Revenues`	$1.36B	USD	3 Qtrs
Net sales	`Revenues`	$532.32M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$840.41M	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$242.93M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$909.66M	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$319.49M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$93.42M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$267.91M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$232.84M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$75.05M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$412.91M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$1.18B	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$1.07B	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$317.98M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$287.58M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$68.43M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$336.54M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$119.41M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$5.52M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$2.60M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$16.50M	USD	3 Qtrs
Interest expense	`InterestExpenseDebt`	$10.64M	USD	3 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$632.00K	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$934.00K	USD	3 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$268.00K	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$2.42M	USD	3 Qtrs
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$277.88M	USD	3 Qtrs
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$114.16M	USD	1 Quarter
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$66.46M	USD	1 Quarter
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$322.47M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$25.10M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$9.60M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$55.30M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$8.90M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$268.27M	USD	3 Qtrs
Net income from consolidated operations	`ProfitLoss`	$89.06M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$267.17M	USD	3 Qtrs
Net income from consolidated operations	`ProfitLoss`	$57.56M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$16.62M	USD	3 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.25M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$7.96M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$24.96M	USD	3 Qtrs
Net income attributable to HEICO	`NetIncomeLoss`	$81.10M	USD	1 Quarter
Net income attributable to HEICO	`NetIncomeLoss`	$54.32M	USD	1 Quarter
Net income attributable to HEICO	`NetIncomeLoss`	$251.66M	USD	3 Qtrs
Net income attributable to HEICO	`NetIncomeLoss`	$242.21M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.82	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.61	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.87	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.40	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.76	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.59	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.83	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.40	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	134.68M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	133.41M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	133.97M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	134.84M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.63M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.27M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.23M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.26M	shares	3 Qtrs

Cash Flow Statement 79 line items

Line Item	Tag	Value	Unit	Period
Net income from consolidated operations	`ProfitLoss`	$268.27M	USD	3 Qtrs
Net income from consolidated operations	`ProfitLoss`	$89.06M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$267.17M	USD	3 Qtrs
Net income from consolidated operations	`ProfitLoss`	$57.56M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$61.69M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$65.22M	USD	3 Qtrs
Share-based compensation expense	`StockOptionPlanExpense`	$7.67M	USD	3 Qtrs
Share-based compensation expense	`StockOptionPlanExpense`	$7.78M	USD	3 Qtrs
Employer contributions to HEICO Savings and Investment Plan	`DefinedContributionPlanEmployerDiscretionaryContributionAmount`	$7.13M	USD	3 Qtrs
Employer contributions to HEICO Savings and Investment Plan	`DefinedContributionPlanEmployerDiscretionaryContributionAmount`	$7.45M	USD	3 Qtrs
Change in value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$189.00K	USD	3 Qtrs
Change in value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$3.73M	USD	3 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-9.35M	USD	3 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-3.29M	USD	3 Qtrs
PaymentofContingentConsiderationinExcessofAcquisitionDateValue	`PaymentofContingentConsiderationinExcessofAcquisitionDateValue`	$175.00K	USD	3 Qtrs
PaymentofContingentConsiderationinExcessofAcquisitionDateValue	`PaymentofContingentConsiderationinExcessofAcquisitionDateValue`	$3.10M	USD	3 Qtrs
Change in accounts receivable	`IncreaseDecreaseInReceivables`	$14.82M	USD	3 Qtrs
Change in accounts receivable	`IncreaseDecreaseInReceivables`	$-96.26M	USD	3 Qtrs
Increase (Decrease) in Contract with Customer, Asset	`IncreaseDecreaseInContractWithCustomerAsset`	$15.97M	USD	3 Qtrs
Increase (Decrease) in Contract with Customer, Asset	`IncreaseDecreaseInContractWithCustomerAsset`	$-7.43M	USD	3 Qtrs
Change in inventories	`IncreaseDecreaseInInventories`	$48.08M	USD	3 Qtrs
Change in inventories	`IncreaseDecreaseInInventories`	$27.02M	USD	3 Qtrs
Change in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$12.72M	USD	3 Qtrs
Change in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.34M	USD	3 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-25.43M	USD	3 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-11.78M	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`	$-45.99M	USD	3 Qtrs
Change in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$772.00K	USD	3 Qtrs
Change in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-2.47M	USD	3 Qtrs
Increase (Decrease) in Obligation, Other Postretirement Benefits	`IncreaseDecreaseInPostretirementObligations`	$10.60M	USD	3 Qtrs
Increase (Decrease) in Obligation, Other Postretirement Benefits	`IncreaseDecreaseInPostretirementObligations`	$11.29M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-3.39M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$921.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$298.97M	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`	$66.32M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.04M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$17.47M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$21.67M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.07M	USD	1 Quarter
Net Investment Related to Deferred Compensation Plan	`NetInvestmentRelatedtoDeferredCompensationPlan`	$14.60M	USD	3 Qtrs
Net Investment Related to Deferred Compensation Plan	`NetInvestmentRelatedtoDeferredCompensationPlan`	$10.80M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-628.00K	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-385.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-98.01M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-267.02M	USD	3 Qtrs
Proceeds from Long-term Lines of Credit	`ProceedsFromLongTermLinesOfCredit`	$288.00M	USD	3 Qtrs
Proceeds from Long-term Lines of Credit	`ProceedsFromLongTermLinesOfCredit`	$245.00M	USD	3 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$68.00M	USD	3 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$180.00M	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$8.27M	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$5.34M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$18.69M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$21.55M	USD	3 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$104.70M	USD	3 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$12.19M	USD	3 Qtrs
Common Stock Issued Repurchased and Retired Related To Stock Option Exercises	`CommonStockIssuedRepurchasedAndRetiredRelatedToStockOptionExercises`	$5.33M	USD	3 Qtrs
Common Stock Issued Repurchased and Retired Related To Stock Option Exercises	`CommonStockIssuedRepurchasedAndRetiredRelatedToStockOptionExercises`	$35.60M	USD	3 Qtrs
Payments to Noncontrolling Interests	`PaymentsToMinorityShareholders`	$7.47M	USD	3 Qtrs
Payment of Contingent Consideration	`PaymentofContingentConsideration`	$4.07M	USD	3 Qtrs
Payment of Contingent Consideration	`PaymentofContingentConsideration`	$325.00K	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-387.00K	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-851.00K	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`	$134.62M	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$2.69M	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$222.00K	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-576.00K	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$338.28M	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`	$57.00M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$395.28M	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`	$57.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$395.28M	USD	Point-in-time

Stockholders Equity 34 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`	$0.16	USD	3 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.08	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.14	USD	3 Qtrs
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.95B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.69B	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.95B	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`	$73.67M	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`	$80.67M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTax`	$263.94M	USD	3 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$4.05M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$17.12M	USD	3 Qtrs
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`	$7.87M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$281.07M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$77.72M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$88.53M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$265.39M	USD	3 Qtrs
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.95B	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`	$204.14M	USD	Point-in-time
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$4.05M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$17.12M	USD	3 Qtrs
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`	$7.87M	USD	1 Quarter
Acquisitions of noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$7.47M	USD	3 Qtrs
Acquisitions of noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$7.47M	USD	1 Quarter
Temporary Equity, Other Changes	`TemporaryEquityOtherChanges`	$1.42M	USD	3 Qtrs
Temporary Equity, Other Changes	`TemporaryEquityOtherChanges`	$1.42M	USD	1 Quarter
Ending Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$188.26M	USD	Point-in-time
Ending Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$204.14M	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income from consolidated operations	`ProfitLoss`	$268.27M	USD	3 Qtrs
Net income from consolidated operations	`ProfitLoss`	$89.06M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$267.17M	USD	3 Qtrs
Net income from consolidated operations	`ProfitLoss`	$57.56M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$12.73M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$20.13M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.79M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-532.00K	USD	1 Quarter
Amortization of unrealized loss on defined benefit pension plan, net of tax	`DefinedBenefitPlanAmortizationOfGainsLosses`	$60.00K	USD	3 Qtrs
Amortization of unrealized loss on defined benefit pension plan, net of tax	`DefinedBenefitPlanAmortizationOfGainsLosses`	$21.00K	USD	1 Quarter
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
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.78M	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-526.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$12.79M	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$20.15M	USD	1 Quarter
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$281.07M	USD	3 Qtrs
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$77.72M	USD	1 Quarter
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$88.53M	USD	1 Quarter
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$265.39M	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$16.62M	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.25M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$7.96M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$24.96M	USD	3 Qtrs
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$506.00K	USD	3 Qtrs
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$801.00K	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`	$-249.00K	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$4.05M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$17.12M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$24.71M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$7.87M	USD	1 Quarter
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$73.67M	USD	1 Quarter
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$240.69M	USD	3 Qtrs
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$80.67M	USD	1 Quarter
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$263.94M	USD	3 Qtrs

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