10-Q Filing

HEICO CORP CIK: 46619 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0000046619-22-000030`
Period End Date	20220430
Filing Date	20220525
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	hei-20220430_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 92 Income Statement 64 Cash Flow Statement 75 Stockholders Equity 32 Comprehensive Income 36

Balance Sheet 92 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`	$108.30M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$117.32M	USD	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$269.85M	USD	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$244.92M	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`	54.26M	shares	Point-in-time
Contract assets	`ContractWithCustomerAssetGrossCurrent`	$79.60M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	54.50M	shares	Point-in-time
Contract assets	`ContractWithCustomerAssetGrossCurrent`	$80.07M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	54.26M	shares	Point-in-time
Inventories, net	`InventoryNet`	$478.05M	USD	Point-in-time
Inventories, net	`InventoryNet`	$519.50M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	54.50M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$26.05M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$46.46M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.03B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$937.38M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$193.56M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$193.64M	USD	Point-in-time
Goodwill	`Goodwill`	$1.51B	USD	Point-in-time
Goodwill	`Goodwill`	$1.45B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$582.31M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$624.92M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$322.67M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$334.68M	USD	Point-in-time
Total assets	`Assets`	$3.69B	USD	Point-in-time
Total assets	`Assets`	$3.50B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$1.78M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$1.51M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$97.09M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$85.54M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$206.86M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$203.29M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$2.03M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$964.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$294.88M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$304.19M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtAndCapitalLeaseObligations`	$234.98M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtAndCapitalLeaseObligations`	$264.10M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$40.76M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$42.63M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$350.02M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$378.26M	USD	Point-in-time
Total liabilities	`Liabilities`	$948.88M	USD	Point-in-time
Total liabilities	`Liabilities`	$960.93M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$303.93M	USD	Point-in-time
Redeemable noncontrolling interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$252.59M	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
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$320.75M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$311.05M	USD	Point-in-time
Deferred compensation obligation	`DeferredCompensationObligation`	$5.30M	USD	Point-in-time
Deferred compensation obligation	`DeferredCompensationObligation`	$5.30M	USD	Point-in-time
HEICO stock held by irrevocable trust	`CommonStockIssuedEmployeeStockTrust`	$5.30M	USD	Point-in-time
HEICO stock held by irrevocable trust	`CommonStockIssuedEmployeeStockTrust`	$5.30M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-8.55M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-30.55M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.95B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.10B	USD	Point-in-time
Total HEICO shareholders' equity	`StockholdersEquity`	$2.26B	USD	Point-in-time
Total HEICO shareholders' equity	`StockholdersEquity`	$2.38B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$38.44M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$33.87M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.30B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.42B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.50B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.69B	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`	54.26M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	54.50M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	54.26M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	54.50M	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`	$538.81M	USD	1 Quarter
Net sales	`Revenues`	$466.65M	USD	1 Quarter
Net sales	`Revenues`	$1.03B	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$286.88M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$546.35M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$327.58M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$627.72M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$83.03M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$161.17M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$88.45M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$179.84M	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$807.56M	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$707.52M	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$369.90M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$416.04M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$177.03M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$122.78M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$221.60M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$96.75M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$2.08M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$1.77M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$979.00K	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$4.53M	USD	2 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$1.02M	USD	2 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$314.00K	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$306.00K	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$540.00K	USD	2 Qtrs
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$94.97M	USD	1 Quarter
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$220.36M	USD	2 Qtrs
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$122.11M	USD	1 Quarter
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$173.52M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$18.50M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$20.80M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$33.00M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$29.00M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$187.36M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$152.72M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$93.11M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$76.47M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$11.45M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$8.10M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.80M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$15.43M	USD	2 Qtrs
Net income attributable to HEICO	`NetIncomeLoss`	$141.27M	USD	2 Qtrs
Net income attributable to HEICO	`NetIncomeLoss`	$70.67M	USD	1 Quarter
Net income attributable to HEICO	`NetIncomeLoss`	$85.01M	USD	1 Quarter
Net income attributable to HEICO	`NetIncomeLoss`	$171.93M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.27	USD	2 Qtrs
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`	$0.63	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.03	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.62	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.25	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.51	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	135.89M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	135.25M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	135.76M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	135.29M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.78M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.87M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.81M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.92M	shares	2 Qtrs

Cash Flow Statement 75 line items

Line Item	Tag	Value	Unit	Period
Net income from consolidated operations	`ProfitLoss`	$187.36M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$152.72M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$93.11M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$76.47M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$46.71M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$45.92M	USD	2 Qtrs
Share-based compensation expense	`StockOptionPlanExpense`	$6.86M	USD	2 Qtrs
Share-based compensation expense	`StockOptionPlanExpense`	$4.27M	USD	2 Qtrs
Employer contributions to HEICO Savings and Investment Plan	`DefinedContributionPlanEmployerDiscretionaryContributionAmount`	$5.36M	USD	2 Qtrs
Employer contributions to HEICO Savings and Investment Plan	`DefinedContributionPlanEmployerDiscretionaryContributionAmount`	$5.05M	USD	2 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-8.49M	USD	2 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$2.08M	USD	2 Qtrs
Change in value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$659.00K	USD	2 Qtrs
Change in value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-1.77M	USD	2 Qtrs
Change in accounts receivable	`IncreaseDecreaseInReceivables`	$3.79M	USD	2 Qtrs
Change in accounts receivable	`IncreaseDecreaseInReceivables`	$20.26M	USD	2 Qtrs
Change in contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$-596.00K	USD	2 Qtrs
Change in contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$-1.78M	USD	2 Qtrs
Change in inventories	`IncreaseDecreaseInInventories`	$-2.93M	USD	2 Qtrs
Change in inventories	`IncreaseDecreaseInInventories`	$42.77M	USD	2 Qtrs
Change in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$12.03M	USD	2 Qtrs
Change in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$8.97M	USD	2 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.14M	USD	2 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$10.84M	USD	2 Qtrs
Change in accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$1.98M	USD	2 Qtrs
Change in accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-15.95M	USD	2 Qtrs
Change in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-4.08M	USD	2 Qtrs
Change in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-9.34M	USD	2 Qtrs
Change in other long-term liabilities and assets related to HEICO Leadership Compensation Plan	`IncreaseDecreaseInPostretirementObligations`	$11.83M	USD	2 Qtrs
Change in other long-term liabilities and assets related to HEICO Leadership Compensation Plan	`IncreaseDecreaseInPostretirementObligations`	$13.36M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.71M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-2.18M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$210.11M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$174.75M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$20.23M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$105.53M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.52M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.43M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$16.21M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$21.94M	USD	2 Qtrs
Net Investment Related to Deferred Compensation Plan	`NetInvestmentRelatedtoDeferredCompensationPlan`	$10.90M	USD	2 Qtrs
Net Investment Related to Deferred Compensation Plan	`NetInvestmentRelatedtoDeferredCompensationPlan`	$11.70M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$10.51M	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`	$-143.96M	USD	2 Qtrs
Proceeds from Long-term Lines of Credit	`ProceedsFromLongTermLinesOfCredit`	$93.00M	USD	2 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$155.00M	USD	2 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$65.00M	USD	2 Qtrs
Common Stock Issued Repurchased and Retired Related To Stock Option Exercises	`CommonStockIssuedRepurchasedAndRetiredRelatedToStockOptionExercises`	$3.62M	USD	2 Qtrs
Common Stock Issued Repurchased and Retired Related To Stock Option Exercises	`CommonStockIssuedRepurchasedAndRetiredRelatedToStockOptionExercises`	$23.69M	USD	2 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$12.23M	USD	2 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$10.82M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$10.58M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$13.82M	USD	2 Qtrs
Payments of Debt Issuance Costs	`PaymentsOfDebtIssuanceCosts`	$1.01M	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`	$1.61M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-522.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-210.00K	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`	$-18.11M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.94M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-3.67M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$9.02M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-21.41M	USD	2 Qtrs
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$117.32M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$385.44M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$108.30M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$406.85M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$117.32M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$385.44M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$108.30M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$406.85M	USD	Point-in-time

Stockholders Equity 32 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`	$0.09	USD	2 Qtrs
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.30B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.42B	USD	Point-in-time
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`	$71.42M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTax`	$149.93M	USD	2 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$7.44M	USD	1 Quarter
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`	$14.44M	USD	2 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.75M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$75.97M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$164.37M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$78.86M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$163.90M	USD	2 Qtrs
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.30B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.42B	USD	Point-in-time
Starting Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$303.93M	USD	Point-in-time
Starting Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$252.59M	USD	Point-in-time
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$7.44M	USD	1 Quarter
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`	$14.44M	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`	$39.06M	USD	1 Quarter
Noncontrolling Interest, Increase from Business Combination	`NoncontrollingInterestIncreaseFromBusinessCombination`	$39.23M	USD	2 Qtrs
Temporary Equity, Other Changes	`TemporaryEquityOtherChanges`	$3.76M	USD	2 Qtrs
Temporary Equity, Other Changes	`TemporaryEquityOtherChanges`	$-3.00K	USD	1 Quarter
Temporary Equity, Other Changes	`TemporaryEquityOtherChanges`	$1.72M	USD	1 Quarter
Temporary Equity, Other Changes	`TemporaryEquityOtherChanges`	$19.00K	USD	2 Qtrs
Ending Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$303.93M	USD	Point-in-time
Ending Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$252.59M	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income from consolidated operations	`ProfitLoss`	$187.36M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$152.72M	USD	2 Qtrs
Net income from consolidated operations	`ProfitLoss`	$93.11M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$76.47M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$11.11M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-539.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-23.03M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-14.28M	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`	$33.00K	USD	2 Qtrs
Amortization of unrealized loss on defined benefit pension plan, net of tax	`DefinedBenefitPlanAmortizationOfGainsLosses`	$22.00K	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`	$-23.00M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-14.26M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-505.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$11.18M	USD	2 Qtrs
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$75.97M	USD	1 Quarter
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$164.37M	USD	2 Qtrs
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$78.86M	USD	1 Quarter
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$163.90M	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$11.45M	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$8.10M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.80M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$15.43M	USD	2 Qtrs
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-663.00K	USD	1 Quarter
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`	$-993.00K	USD	2 Qtrs
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$354.00K	USD	2 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$7.44M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$11.80M	USD	2 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$14.44M	USD	2 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.75M	USD	1 Quarter
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`	$71.42M	USD	1 Quarter
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$149.93M	USD	2 Qtrs

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