10-Q Filing

HEICO CORP CIK: 46619 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0000046619-22-000042`
Period End Date	20220731
Filing Date	20220831
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	hei-20220731_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 92 Income Statement 64 Cash Flow Statement 78 Stockholders Equity 44 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`	$133.60M	USD	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
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$273.15M	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
Contract assets	`ContractWithCustomerAssetGrossCurrent`	$86.53M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	54.51M	shares	Point-in-time
Contract assets	`ContractWithCustomerAssetGrossCurrent`	$80.07M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	54.26M	shares	Point-in-time
Inventories, net	`InventoryNet`	$478.05M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	54.51M	shares	Point-in-time
Inventories, net	`InventoryNet`	$545.94M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	54.26M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$26.05M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$42.54M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.08B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$937.38M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$202.84M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$193.64M	USD	Point-in-time
Goodwill	`Goodwill`	$1.45B	USD	Point-in-time
Goodwill	`Goodwill`	$1.54B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$582.31M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$638.55M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$334.68M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$322.71M	USD	Point-in-time
Total assets	`Assets`	$3.79B	USD	Point-in-time
Total assets	`Assets`	$3.50B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$1.51M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$1.73M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$108.44M	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`	$233.81M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$2.46M	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`	$346.44M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtAndCapitalLeaseObligations`	$244.02M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtAndCapitalLeaseObligations`	$234.98M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$48.19M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$40.76M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$359.71M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$378.26M	USD	Point-in-time
Total liabilities	`Liabilities`	$998.37M	USD	Point-in-time
Total liabilities	`Liabilities`	$948.88M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$252.59M	USD	Point-in-time
Redeemable noncontrolling interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$296.99M	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`	$317.37M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$320.75M	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`	$-37.93M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.95B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.17B	USD	Point-in-time
Total HEICO shareholders' equity	`StockholdersEquity`	$2.45B	USD	Point-in-time
Total HEICO shareholders' equity	`StockholdersEquity`	$2.26B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$39.85M	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`	$2.49B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.50B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.79B	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`	54.51M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	54.26M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	54.51M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	54.26M	shares	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net sales	`Revenues`	$1.60B	USD	3 Qtrs
Net sales	`Revenues`	$1.36B	USD	3 Qtrs
Net sales	`Revenues`	$471.71M	USD	1 Quarter
Net sales	`Revenues`	$569.53M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$348.59M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$976.31M	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$833.34M	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$286.99M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$83.88M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$272.03M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$245.05M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$92.19M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$1.25B	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$440.78M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$370.87M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$1.08B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$100.84M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$350.35M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$277.87M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$128.75M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$6.25M	USD	3 Qtrs
Interest expense	`InterestExpenseDebt`	$1.72M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$3.18M	USD	3 Qtrs
Interest expense	`InterestExpenseDebt`	$1.41M	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$1.18M	USD	3 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$162.00K	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$145.00K	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$685.00K	USD	3 Qtrs
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$127.49M	USD	1 Quarter
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$347.85M	USD	3 Qtrs
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$272.80M	USD	3 Qtrs
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$99.28M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$67.40M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$36.40M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$34.40M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$15.60M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$83.68M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$236.40M	USD	3 Qtrs
Net income from consolidated operations	`ProfitLoss`	$93.09M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$280.45M	USD	3 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.79M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.55M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$18.24M	USD	3 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$25.98M	USD	3 Qtrs
Net income attributable to HEICO	`NetIncomeLoss`	$76.89M	USD	1 Quarter
Net income attributable to HEICO	`NetIncomeLoss`	$254.47M	USD	3 Qtrs
Net income attributable to HEICO	`NetIncomeLoss`	$218.16M	USD	3 Qtrs
Net income attributable to HEICO	`NetIncomeLoss`	$82.54M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.61	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.87	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.57	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.61	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.60	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`	$1.85	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	135.29M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	135.84M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	135.98M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	135.37M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.84M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.89M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.84M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.96M	shares	1 Quarter

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net income from consolidated operations	`ProfitLoss`	$83.68M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$236.40M	USD	3 Qtrs
Net income from consolidated operations	`ProfitLoss`	$93.09M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$280.45M	USD	3 Qtrs
Depreciation, Depletion and Amortization	`DepreciationDepletionAndAmortization`	$70.53M	USD	3 Qtrs
Depreciation, Depletion and Amortization	`DepreciationDepletionAndAmortization`	$68.82M	USD	3 Qtrs
Stock or Unit Option Plan Expense	`StockOptionPlanExpense`	$9.81M	USD	3 Qtrs
Stock or Unit Option Plan Expense	`StockOptionPlanExpense`	$6.35M	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`	$8.88M	USD	3 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$7.86M	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`	$-4.25M	USD	3 Qtrs
Increase (Decrease) in Receivables	`IncreaseDecreaseInReceivables`	$18.45M	USD	3 Qtrs
Increase (Decrease) in Receivables	`IncreaseDecreaseInReceivables`	$-3.54M	USD	3 Qtrs
Change in contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$1.96M	USD	3 Qtrs
Change in contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$4.02M	USD	3 Qtrs
Increase (Decrease) in Inventories	`IncreaseDecreaseInInventories`	$61.19M	USD	3 Qtrs
Increase (Decrease) in Inventories	`IncreaseDecreaseInInventories`	$-7.73M	USD	3 Qtrs
Increase (Decrease) in Prepaid Expense and Other Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$11.70M	USD	3 Qtrs
Increase (Decrease) in Prepaid Expense and Other Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$12.44M	USD	3 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.17M	USD	3 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$18.96M	USD	3 Qtrs
Change in accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$12.54M	USD	3 Qtrs
Change in accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$12.96M	USD	3 Qtrs
Increase (Decrease) in Income Taxes Payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-2.40M	USD	3 Qtrs
Increase (Decrease) 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`	$12.21M	USD	3 Qtrs
Change in other long-term liabilities and assets related to HEICO Leadership Compensation Plan	`IncreaseDecreaseInPostretirementObligations`	$13.73M	USD	3 Qtrs
Other Noncash Income (Expense)	`OtherNoncashIncomeExpense`	$-2.74M	USD	3 Qtrs
Other Noncash Income (Expense)	`OtherNoncashIncomeExpense`	$-1.83M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$334.10M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$323.91M	USD	3 Qtrs
Proceeds from Long-term Lines of Credit	`ProceedsFromLongTermLinesOfCredit`	$162.00M	USD	3 Qtrs
Repayments of Long-Term Lines of Credit	`RepaymentsOfLongTermLinesOfCredit`	$355.00M	USD	3 Qtrs
Repayments of Long-Term Lines of Credit	`RepaymentsOfLongTermLinesOfCredit`	$157.00M	USD	3 Qtrs
Common Stock Issued Repurchased and Retired Related To Stock Option Exercises	`CommonStockIssuedRepurchasedAndRetiredRelatedToStockOptionExercises`	$3.69M	USD	3 Qtrs
Common Stock Issued Repurchased and Retired Related To Stock Option Exercises	`CommonStockIssuedRepurchasedAndRetiredRelatedToStockOptionExercises`	$25.83M	USD	3 Qtrs
Payments of Ordinary Dividends, Common Stock	`PaymentsOfDividendsCommonStock`	$24.47M	USD	3 Qtrs
Payments of Ordinary Dividends, Common Stock	`PaymentsOfDividendsCommonStock`	$23.00M	USD	3 Qtrs
Payments of Ordinary Dividends, Noncontrolling Interest	`PaymentsOfDividendsMinorityInterest`	$16.77M	USD	3 Qtrs
Payments of Ordinary Dividends, Noncontrolling Interest	`PaymentsOfDividendsMinorityInterest`	$21.85M	USD	3 Qtrs
Payments to Noncontrolling Interests	`PaymentsToMinorityShareholders`	$8.73M	USD	3 Qtrs
Payments to Noncontrolling Interests	`PaymentsToMinorityShareholders`	$2.34M	USD	3 Qtrs
Payments of Debt Issuance Costs	`PaymentsOfDebtIssuanceCosts`	$1.01M	USD	3 Qtrs
Payments of Debt Issuance Costs	`PaymentsOfDebtIssuanceCosts`	$1.47M	USD	3 Qtrs
Proceeds from Stock Options Exercised	`ProceedsFromStockOptionsExercised`	$4.50M	USD	3 Qtrs
Proceeds from Stock Options Exercised	`ProceedsFromStockOptionsExercised`	$1.87M	USD	3 Qtrs
Proceeds from Noncontrolling Interests	`ProceedsFromMinorityShareholders`	$534.00K	USD	3 Qtrs
Proceeds from (Payments for) Other Financing Activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-916.00K	USD	3 Qtrs
Proceeds from (Payments for) Other Financing Activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-157.00K	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-70.09M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-403.22M	USD	3 Qtrs
Payments to Acquire Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$175.30M	USD	3 Qtrs
Payments to Acquire Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$29.60M	USD	3 Qtrs
Payments to Acquire Property, Plant, and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.19M	USD	1 Quarter
Payments to Acquire Property, Plant, and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$30.12M	USD	3 Qtrs
Payments to Acquire Property, Plant, and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$24.36M	USD	3 Qtrs
Payments to Acquire Property, Plant, and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.15M	USD	1 Quarter
Net Investment Related to Deferred Compensation Plan	`NetInvestmentRelatedtoDeferredCompensationPlan`	$12.40M	USD	3 Qtrs
Net Investment Related to Deferred Compensation Plan	`NetInvestmentRelatedtoDeferredCompensationPlan`	$13.40M	USD	3 Qtrs
Payments for (Proceeds from) Other Investing Activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-3.24M	USD	3 Qtrs
Payments for (Proceeds from) Other Investing Activities	`PaymentsForProceedsFromOtherInvestingActivities`	$10.30M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-68.89M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-223.35M	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$974.00K	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-5.16M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-137.04M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$25.31M	USD	3 Qtrs
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$269.82M	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 beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$133.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$269.82M	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
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$133.60M	USD	Point-in-time

Stockholders Equity 44 line items

Line Item	Tag	Value	Unit	Period
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.17	USD	3 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.09	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.18	USD	3 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.09	USD	1 Quarter
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.30B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.49B	USD	Point-in-time
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTax`	$71.95M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTax`	$75.17M	USD	1 Quarter
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`	$225.10M	USD	3 Qtrs
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`	$18.43M	USD	3 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$24.63M	USD	3 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$10.19M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$249.73M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$78.57M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$85.36M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$242.47M	USD	3 Qtrs
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.30B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.49B	USD	Point-in-time
Starting Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$252.59M	USD	Point-in-time
Starting Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$296.99M	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`	$18.43M	USD	3 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$24.63M	USD	3 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$10.19M	USD	1 Quarter
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests	`MinorityInterestDecreaseFromRedemptions`	$2.34M	USD	1 Quarter
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests	`MinorityInterestDecreaseFromRedemptions`	$2.34M	USD	3 Qtrs
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests	`MinorityInterestDecreaseFromRedemptions`	$12.15M	USD	1 Quarter
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests	`MinorityInterestDecreaseFromRedemptions`	$12.15M	USD	3 Qtrs
Noncontrolling Interest, Increase from Business Combination	`NoncontrollingInterestIncreaseFromBusinessCombination`	$3.48M	USD	1 Quarter
Noncontrolling Interest, Increase from Business Combination	`NoncontrollingInterestIncreaseFromBusinessCombination`	$1.10M	USD	3 Qtrs
Noncontrolling Interest, Increase from Business Combination	`NoncontrollingInterestIncreaseFromBusinessCombination`	$1.10M	USD	1 Quarter
Noncontrolling Interest, Increase from Business Combination	`NoncontrollingInterestIncreaseFromBusinessCombination`	$42.72M	USD	3 Qtrs
Temporary Equity, Stock Issued During Period, Value, New Issues	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$1.07M	USD	1 Quarter
Temporary Equity, Stock Issued During Period, Value, New Issues	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$1.07M	USD	3 Qtrs
Temporary Equity, Other Changes	`TemporaryEquityOtherChanges`	$3.76M	USD	3 Qtrs
Temporary Equity, Other Changes	`TemporaryEquityOtherChanges`	$-19.00K	USD	1 Quarter
Ending Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$252.59M	USD	Point-in-time
Ending Balance, Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$296.99M	USD	Point-in-time
Common Stock, Dividends, Per Share, Cash Paid	`CommonStockDividendsPerShareCashPaid`	$0.17	USD	3 Qtrs
Common Stock, Dividends, Per Share, Cash Paid	`CommonStockDividendsPerShareCashPaid`	$0.09	USD	1 Quarter
Common Stock, Dividends, Per Share, Cash Paid	`CommonStockDividendsPerShareCashPaid`	$0.18	USD	3 Qtrs
Common Stock, Dividends, Per Share, Cash Paid	`CommonStockDividendsPerShareCashPaid`	$0.09	USD	1 Quarter

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income from consolidated operations	`ProfitLoss`	$83.68M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$236.40M	USD	3 Qtrs
Net income from consolidated operations	`ProfitLoss`	$93.09M	USD	1 Quarter
Net income from consolidated operations	`ProfitLoss`	$280.45M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-7.74M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$5.96M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-30.77M	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`	$16.00K	USD	1 Quarter
Amortization of unrealized loss on defined benefit pension plan, net of tax	`DefinedBenefitPlanAmortizationOfGainsLosses`	$49.00K	USD	3 Qtrs
Amortization of unrealized loss on defined benefit pension plan, net of tax	`DefinedBenefitPlanAmortizationOfGainsLosses`	$33.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-5.11M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$6.07M	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-30.72M	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-7.73M	USD	1 Quarter
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$249.73M	USD	3 Qtrs
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$78.57M	USD	1 Quarter
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$85.36M	USD	1 Quarter
Comprehensive income from consolidated operations	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$242.47M	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.79M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.55M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$18.24M	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$25.98M	USD	3 Qtrs
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-355.00K	USD	1 Quarter
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`	$181.00K	USD	3 Qtrs
Less: Foreign currency translation adjustments attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-1.35M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$6.62M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$18.43M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$24.63M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$10.19M	USD	1 Quarter
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$71.95M	USD	1 Quarter
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$75.17M	USD	1 Quarter
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$224.04M	USD	3 Qtrs
Comprehensive income attributable to HEICO	`ComprehensiveIncomeNetOfTax`	$225.10M	USD	3 Qtrs

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