10-Q Filing

HEICO CORP CIK: 46619 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0000046619-21-000039`
Period End Date	20210731
Filing Date	20210826
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	hei-20210731_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 64 Cash Flow Statement 80 Stockholders Equity 45 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$406.85M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$57.00M	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$269.82M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$395.28M	USD	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$209.00M	USD	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$210.43M	USD	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	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
Contract assets	`ContractWithCustomerAssetGrossCurrent`	$62.40M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Inventories, net	`InventoryNet`	$457.17M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Inventories, net	`InventoryNet`	$463.20M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	54.23M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$24.71M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	54.20M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$32.63M	USD	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
Total current assets	`AssetsCurrent`	$1.17B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.03B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$168.85M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$179.10M	USD	Point-in-time
Goodwill	`Goodwill`	$1.38B	USD	Point-in-time
Goodwill	`Goodwill`	$1.40B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$545.80M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$579.04M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$251.03M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$302.84M	USD	Point-in-time
Total assets	`Assets`	$3.55B	USD	Point-in-time
Total assets	`Assets`	$3.46B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$1.04M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$1.49M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$80.61M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$76.24M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$179.51M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$162.23M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$598.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.65M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$241.16M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$262.22M	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`	$385.38M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$38.87M	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`	$330.40M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.02B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.32B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$224.68M	USD	Point-in-time
Redeemable noncontrolling interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$221.21M	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`	$315.60M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$299.93M	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`	$4.89M	USD	Point-in-time
HEICO stock held by irrevocable trust	`CommonStockIssuedEmployeeStockTrust`	$4.78M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-9.15M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.27M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.87B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.69B	USD	Point-in-time
Total HEICO shareholders' equity	`StockholdersEquity`	$2.19B	USD	Point-in-time
Total HEICO shareholders' equity	`StockholdersEquity`	$1.98B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$33.16M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$30.43M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.01B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.22B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.46B	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`	$471.71M	USD	1 Quarter
Net sales	`Revenues`	$1.36B	USD	3 Qtrs
Net sales	`Revenues`	$386.41M	USD	1 Quarter
Net sales	`Revenues`	$1.36B	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$242.93M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$286.99M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$833.34M	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$840.41M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$245.05M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$83.88M	USD	1 Quarter
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`	$370.87M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$317.98M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$1.07B	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$1.08B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$287.58M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$68.43M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$100.84M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$277.87M	USD	3 Qtrs
Interest expense	`InterestExpenseDebt`	$2.60M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$6.25M	USD	3 Qtrs
Interest expense	`InterestExpenseDebt`	$10.64M	USD	3 Qtrs
Interest expense	`InterestExpenseDebt`	$1.72M	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$934.00K	USD	3 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$1.18M	USD	3 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$632.00K	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$162.00K	USD	1 Quarter
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$66.46M	USD	1 Quarter
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$99.28M	USD	1 Quarter
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$277.88M	USD	3 Qtrs
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$272.80M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$8.90M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$9.60M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$36.40M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$15.60M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$57.56M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$268.27M	USD	3 Qtrs
Net income from consolidated operations	`ProfitLoss`	$83.68M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$236.40M	USD	3 Qtrs
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`	$6.79M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$18.24M	USD	3 Qtrs
Net income attributable to HEICO	`NetIncomeLoss`	$251.66M	USD	3 Qtrs
Net income attributable to HEICO	`NetIncomeLoss`	$76.89M	USD	1 Quarter
Net income attributable to HEICO	`NetIncomeLoss`	$54.32M	USD	1 Quarter
Net income attributable to HEICO	`NetIncomeLoss`	$218.16M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.61	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.87	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.40	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.57	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.56	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.58	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.40	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.83	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	135.29M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	134.84M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	134.68M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	135.37M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.84M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.23M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.26M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.96M	shares	1 Quarter

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net income from consolidated operations	`ProfitLoss`	$57.56M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$268.27M	USD	3 Qtrs
Net income from consolidated operations	`ProfitLoss`	$83.68M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$236.40M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$65.22M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$68.82M	USD	3 Qtrs
Employer contributions to HEICO Savings and Investment Plan	`DefinedContributionPlanEmployerDiscretionaryContributionAmount`	$7.37M	USD	3 Qtrs
Employer contributions to HEICO Savings and Investment Plan	`DefinedContributionPlanEmployerDiscretionaryContributionAmount`	$7.45M	USD	3 Qtrs
Share-based compensation expense	`StockOptionPlanExpense`	$6.35M	USD	3 Qtrs
Share-based compensation expense	`StockOptionPlanExpense`	$7.78M	USD	3 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-9.35M	USD	3 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-16.96M	USD	3 Qtrs
Change in value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$1.30M	USD	3 Qtrs
Change in value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$189.00K	USD	3 Qtrs
Change in accounts receivable	`IncreaseDecreaseInReceivables`	$-96.26M	USD	3 Qtrs
Change in accounts receivable	`IncreaseDecreaseInReceivables`	$-3.54M	USD	3 Qtrs
Change in contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$15.97M	USD	3 Qtrs
Change in contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$1.96M	USD	3 Qtrs
Change in inventories	`IncreaseDecreaseInInventories`	$48.08M	USD	3 Qtrs
Change in inventories	`IncreaseDecreaseInInventories`	$-7.73M	USD	3 Qtrs
Change in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$12.44M	USD	3 Qtrs
Change in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$12.72M	USD	3 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-25.43M	USD	3 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.17M	USD	3 Qtrs
Change in accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-45.99M	USD	3 Qtrs
Change in accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$12.54M	USD	3 Qtrs
Change in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-2.47M	USD	3 Qtrs
Change in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$3.20M	USD	3 Qtrs
Change in other long-term liabilities and assets related to HEICO Leadership Compensation Plan	`IncreaseDecreaseInPostretirementObligations`	$10.60M	USD	3 Qtrs
Change in other long-term liabilities and assets related to HEICO Leadership Compensation Plan	`IncreaseDecreaseInPostretirementObligations`	$12.21M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.83M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-3.22M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$334.10M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$298.97M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$66.32M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$29.60M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.04M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$30.12M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.19M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$17.47M	USD	3 Qtrs
Net Investment Related to Deferred Compensation Plan	`NetInvestmentRelatedtoDeferredCompensationPlan`	$14.60M	USD	3 Qtrs
Net Investment Related to Deferred Compensation Plan	`NetInvestmentRelatedtoDeferredCompensationPlan`	$12.40M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-385.00K	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-3.24M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-98.01M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-68.89M	USD	3 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$68.00M	USD	3 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$355.00M	USD	3 Qtrs
Borrowings on revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$245.00M	USD	3 Qtrs
Borrowings on revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	-	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$21.55M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$23.00M	USD	3 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$21.85M	USD	3 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$12.19M	USD	3 Qtrs
Redemptions of common stock related to stock option exercises	`CommonStockIssuedRepurchasedAndRetiredRelatedToStockOptionExercises`	$5.33M	USD	3 Qtrs
Redemptions of common stock related to stock option exercises	`CommonStockIssuedRepurchasedAndRetiredRelatedToStockOptionExercises`	$3.69M	USD	3 Qtrs
Acquisitions of noncontrolling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$7.47M	USD	3 Qtrs
Acquisitions of noncontrolling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$2.34M	USD	3 Qtrs
Payments of Debt Issuance Costs	`PaymentsOfDebtIssuanceCosts`	$1.47M	USD	3 Qtrs
Payments of Debt Issuance Costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$4.50M	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$5.34M	USD	3 Qtrs
Capital contributions from noncontrolling interests	`ProceedsFromMinorityShareholders`	$534.00K	USD	3 Qtrs
Capital contributions from noncontrolling interests	`ProceedsFromMinorityShareholders`	-	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.18M	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-916.00K	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$134.62M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-403.22M	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$974.00K	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$2.69M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$338.28M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-137.04M	USD	3 Qtrs
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$406.85M	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`	$269.82M	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`	$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`	$269.82M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$395.28M	USD	Point-in-time

Stockholders Equity 45 line items

Line Item	Tag	Value	Unit	Period
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.09	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.08	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.17	USD	3 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.16	USD	3 Qtrs
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.01B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.22B	USD	Point-in-time
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTax`	$224.04M	USD	3 Qtrs
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`	$263.94M	USD	3 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTax`	$71.95M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$6.62M	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`	$4.05M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$18.43M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$78.57M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$77.72M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$242.47M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$281.07M	USD	3 Qtrs
Value of Stock Reversed During Period Deferred Compensation Obligation	`ValueOfStockReversedDuringPeriodDeferredCompensationObligation`	$109.00K	USD	3 Qtrs
Value of Stock Issued or Reversed During Period for Deferred Compensation Obligation	`ValueOfStockIssuedOrReversedDuringPeriodForDeferredCompensationObligation`	$109.00K	USD	3 Qtrs
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.01B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.22B	USD	Point-in-time
Starting Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$224.68M	USD	Point-in-time
Starting Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$221.21M	USD	Point-in-time
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$6.62M	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`	$4.05M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$18.43M	USD	3 Qtrs
Acquisitions of noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$2.34M	USD	3 Qtrs
Acquisitions of noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$2.34M	USD	1 Quarter
Acquisitions of noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$7.47M	USD	3 Qtrs
Noncontrolling interests assumed related to acquisitions	`NoncontrollingInterestIncreaseFromBusinessCombination`	$1.10M	USD	1 Quarter
Noncontrolling interests assumed related to acquisitions	`NoncontrollingInterestIncreaseFromBusinessCombination`	$16.47M	USD	3 Qtrs
Noncontrolling interests assumed related to acquisitions	`NoncontrollingInterestIncreaseFromBusinessCombination`	$8.93M	USD	1 Quarter
Temporary Equity, Stock Issued During Period, Value, New Issues	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$1.07M	USD	3 Qtrs
Temporary Equity, Stock Issued During Period, Value, New Issues	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$1.07M	USD	1 Quarter
Temporary Equity, Other Changes	`TemporaryEquityOtherChanges`	$-19.00K	USD	1 Quarter
Temporary Equity, Other Changes	`TemporaryEquityOtherChanges`	$1.42M	USD	1 Quarter
Temporary Equity, Other Changes	`TemporaryEquityOtherChanges`	$1.42M	USD	3 Qtrs
Ending Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$224.68M	USD	Point-in-time
Ending Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$221.21M	USD	Point-in-time
Common Stock, Dividends, Per Share, Cash Paid	`CommonStockDividendsPerShareCashPaid`	$0.09	USD	1 Quarter
Common Stock, Dividends, Per Share, Cash Paid	`CommonStockDividendsPerShareCashPaid`	$0.08	USD	1 Quarter
Common Stock, Dividends, Per Share, Cash Paid	`CommonStockDividendsPerShareCashPaid`	$0.17	USD	3 Qtrs
Common Stock, Dividends, Per Share, Cash Paid	`CommonStockDividendsPerShareCashPaid`	$0.16	USD	3 Qtrs

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income from consolidated operations	`ProfitLoss`	$57.56M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$268.27M	USD	3 Qtrs
Net income from consolidated operations	`ProfitLoss`	$83.68M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$236.40M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$20.13M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$5.96M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$12.73M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-5.14M	USD	1 Quarter
Amortization of unrealized loss on defined benefit pension plan, net of tax	`DefinedBenefitPlanAmortizationOfGainsLosses`	$101.00K	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`	$33.00K	USD	1 Quarter
Amortization of unrealized loss on defined benefit pension plan, net of tax	`DefinedBenefitPlanAmortizationOfGainsLosses`	$60.00K	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$6.07M	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-5.11M	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`	$78.57M	USD	1 Quarter
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$77.72M	USD	1 Quarter
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$242.47M	USD	3 Qtrs
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$281.07M	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`	$6.79M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$18.24M	USD	3 Qtrs
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$181.00K	USD	3 Qtrs
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-173.00K	USD	1 Quarter
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`	$506.00K	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$6.62M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$17.12M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$4.05M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$18.43M	USD	3 Qtrs
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$224.04M	USD	3 Qtrs
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$73.67M	USD	1 Quarter
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$263.94M	USD	3 Qtrs
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$71.95M	USD	1 Quarter

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