10-Q Filing

HEICO CORP CIK: 46619 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0000046619-21-000035`
Period End Date	20210430
Filing Date	20210527
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	hei-20210430_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 64 Cash Flow Statement 76 Stockholders Equity 31 Comprehensive Income 36

Balance Sheet 96 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$57.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$346.79M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$385.44M	USD	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$406.85M	USD	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$210.43M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$215.74M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetGrossCurrent`	$60.43M	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
Contract assets	`ContractWithCustomerAssetGrossCurrent`	$59.88M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	54.23M	shares	Point-in-time
Inventories, net	`InventoryNet`	$463.20M	USD	Point-in-time
Inventories, net	`InventoryNet`	$462.59M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	54.20M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	54.20M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$24.71M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$39.77M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	54.23M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.16B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.17B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$168.85M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$177.31M	USD	Point-in-time
Goodwill	`Goodwill`	$1.40B	USD	Point-in-time
Goodwill	`Goodwill`	$1.38B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$579.04M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$557.55M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$296.83M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$251.03M	USD	Point-in-time
Total assets	`Assets`	$3.55B	USD	Point-in-time
Total assets	`Assets`	$3.60B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$1.04M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$1.11M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$87.47M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$76.24M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$167.56M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$162.23M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$617.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.65M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$256.76M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$241.16M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtAndCapitalLeaseObligations`	$738.79M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtAndCapitalLeaseObligations`	$583.35M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$47.41M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$55.66M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$280.29M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$324.49M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.32B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.21B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$221.21M	USD	Point-in-time
Redeemable noncontrolling interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$223.27M	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`	$542.00K	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$299.93M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$312.00M	USD	Point-in-time
Deferred compensation obligation	`DeferredCompensationObligation`	$4.89M	USD	Point-in-time
Deferred compensation obligation	`DeferredCompensationObligation`	$4.78M	USD	Point-in-time
HEICO stock held by irrevocable trust	`CommonStockIssuedEmployeeStockTrust`	$4.78M	USD	Point-in-time
HEICO stock held by irrevocable trust	`CommonStockIssuedEmployeeStockTrust`	$4.89M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.67M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-9.15M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.81B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.69B	USD	Point-in-time
Total HEICO shareholders' equity	`StockholdersEquity`	$1.98B	USD	Point-in-time
Total HEICO shareholders' equity	`StockholdersEquity`	$2.13B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$32.07M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$30.43M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.16B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.01B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.60B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.55B	USD	Point-in-time
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
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.01	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
Common Stock, Shares, Issued	`CommonStockSharesIssued`	54.23M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	54.20M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	54.20M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	54.23M	shares	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net sales	`Revenues`	$884.55M	USD	2 Qtrs
Net sales	`Revenues`	$468.15M	USD	1 Quarter
Net sales	`Revenues`	$974.42M	USD	2 Qtrs
Net sales	`Revenues`	$466.65M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$286.88M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$597.48M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$546.35M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$289.26M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$161.17M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$157.79M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$70.73M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$83.03M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$359.99M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$707.52M	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$755.27M	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$369.90M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$96.75M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$108.16M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$219.15M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$177.03M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$3.76M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$2.08M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$4.53M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$8.04M	USD	2 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$302.00K	USD	2 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$306.00K	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$107.00K	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$1.02M	USD	2 Qtrs
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$173.52M	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`	$94.97M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$18.50M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$700.00K	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$20.80M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$23.60M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$210.71M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$152.72M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$76.47M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$80.91M	USD	1 Quarter
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`	$5.80M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$11.45M	USD	2 Qtrs
Net income attributable to HEICO	`NetIncomeLoss`	$70.67M	USD	1 Quarter
Net income attributable to HEICO	`NetIncomeLoss`	$141.27M	USD	2 Qtrs
Net income attributable to HEICO	`NetIncomeLoss`	$197.34M	USD	2 Qtrs
Net income attributable to HEICO	`NetIncomeLoss`	$75.45M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.56	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.52	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.04	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.47	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.44	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.55	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.51	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.03	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	135.29M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	134.67M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	135.25M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	134.60M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.81M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.12M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.78M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.27M	shares	2 Qtrs

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income from consolidated operations	`ProfitLoss`	$210.71M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$152.72M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$76.47M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$80.91M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$45.92M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$43.28M	USD	2 Qtrs
Share-based compensation expense	`StockOptionPlanExpense`	$4.27M	USD	2 Qtrs
Share-based compensation expense	`StockOptionPlanExpense`	$5.28M	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`	$5.05M	USD	2 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-5.14M	USD	2 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-8.49M	USD	2 Qtrs
Change in value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$1.17M	USD	2 Qtrs
Change in value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$659.00K	USD	2 Qtrs
Change in accounts receivable	`IncreaseDecreaseInReceivables`	$-44.42M	USD	2 Qtrs
Change in accounts receivable	`IncreaseDecreaseInReceivables`	$3.79M	USD	2 Qtrs
Change in contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$-596.00K	USD	2 Qtrs
Change in contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$12.98M	USD	2 Qtrs
Change in inventories	`IncreaseDecreaseInInventories`	$-2.93M	USD	2 Qtrs
Change in inventories	`IncreaseDecreaseInInventories`	$37.79M	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`	$12.03M	USD	2 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$10.84M	USD	2 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.63M	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`	$1.98M	USD	2 Qtrs
Change in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-2.02M	USD	2 Qtrs
Change in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-4.08M	USD	2 Qtrs
Change in other long-term liabilities and assets related to HEICO Leadership Compensation Plan	`IncreaseDecreaseInPostretirementObligations`	$13.95M	USD	2 Qtrs
Change in other long-term liabilities and assets related to HEICO Leadership Compensation Plan	`IncreaseDecreaseInPostretirementObligations`	$11.83M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-851.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.71M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$210.11M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$205.88M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$20.23M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$45.34M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$12.44M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.43M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$21.94M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.58M	USD	1 Quarter
Net Investment Related to Deferred Compensation Plan	`NetInvestmentRelatedtoDeferredCompensationPlan`	$10.90M	USD	2 Qtrs
Net Investment Related to Deferred Compensation Plan	`NetInvestmentRelatedtoDeferredCompensationPlan`	$13.60M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-473.00K	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.02M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-52.05M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-70.91M	USD	2 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$155.00M	USD	2 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$68.00M	USD	2 Qtrs
Proceeds from Long-term Lines of Credit	`ProceedsFromLongTermLinesOfCredit`	-	USD	2 Qtrs
Proceeds from Long-term Lines of Credit	`ProceedsFromLongTermLinesOfCredit`	$245.00M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$9.74M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$13.82M	USD	2 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$10.76M	USD	2 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$10.82M	USD	2 Qtrs
Common Stock Issued Repurchased and Retired Related To Stock Option Exercises	`CommonStockIssuedRepurchasedAndRetiredRelatedToStockOptionExercises`	$2.57M	USD	2 Qtrs
Common Stock Issued Repurchased and Retired Related To Stock Option Exercises	`CommonStockIssuedRepurchasedAndRetiredRelatedToStockOptionExercises`	$3.62M	USD	2 Qtrs
Payments of Debt Issuance Costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Payments of Debt Issuance Costs	`PaymentsOfDebtIssuanceCosts`	$1.47M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$3.84M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$2.39M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-769.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-522.00K	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-181.42M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$155.55M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-744.00K	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.94M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-21.41M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$289.79M	USD	2 Qtrs
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$57.00M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$346.79M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$385.44M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$406.85M	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`	$346.79M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$385.44M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$406.85M	USD	Point-in-time

Stockholders Equity 31 line items

Line Item	Tag	Value	Unit	Period
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.08	USD	2 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.08	USD	2 Qtrs
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.16B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.01B	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`	$152.09M	USD	2 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTax`	$70.22M	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 Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.29M	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`	$11.80M	USD	2 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.75M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$203.35M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$76.20M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$75.97M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$163.90M	USD	2 Qtrs
Value of Stock Reversed During Period Deferred Compensation Obligation	`ValueOfStockReversedDuringPeriodDeferredCompensationObligation`	$109.00K	USD	2 Qtrs
Value of Stock Issued or Reversed During Period for Deferred Compensation Obligation	`ValueOfStockIssuedOrReversedDuringPeriodForDeferredCompensationObligation`	$109.00K	USD	2 Qtrs
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.16B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.01B	USD	Point-in-time
Starting Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$221.21M	USD	Point-in-time
Starting Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$223.27M	USD	Point-in-time
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`	$13.07M	USD	2 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$11.80M	USD	2 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.75M	USD	1 Quarter
Noncontrolling Interest, Increase from Business Combination	`NoncontrollingInterestIncreaseFromBusinessCombination`	$7.54M	USD	2 Qtrs
Temporary Equity, Other Changes	`TemporaryEquityOtherChanges`	$19.00K	USD	2 Qtrs
Temporary Equity, Other Changes	`TemporaryEquityOtherChanges`	$-3.00K	USD	1 Quarter
Ending Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$221.21M	USD	Point-in-time
Ending Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$223.27M	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income from consolidated operations	`ProfitLoss`	$210.71M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$152.72M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$76.47M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$80.91M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-7.40M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-539.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$11.11M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-4.72M	USD	1 Quarter
Amortization of unrealized loss on defined benefit pension plan, net of tax	`DefinedBenefitPlanAmortizationOfGainsLosses`	$68.00K	USD	2 Qtrs
Amortization of unrealized loss on defined benefit pension plan, net of tax	`DefinedBenefitPlanAmortizationOfGainsLosses`	$39.00K	USD	2 Qtrs
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`	$34.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-4.71M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$11.18M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-7.36M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-505.00K	USD	1 Quarter
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`	$75.97M	USD	1 Quarter
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$163.90M	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`	$5.80M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$11.45M	USD	2 Qtrs
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-295.00K	USD	2 Qtrs
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-50.00K	USD	1 Quarter
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$354.00K	USD	2 Qtrs
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-165.00K	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.29M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$13.07M	USD	2 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$11.80M	USD	2 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.75M	USD	1 Quarter
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$190.28M	USD	2 Qtrs
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$152.09M	USD	2 Qtrs
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$70.22M	USD	1 Quarter
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$70.91M	USD	1 Quarter

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