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OPERATING SEGMENTS
9 Months Ended
Jul. 31, 2012
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]
OPERATING SEGMENTS
Information on the Company’s two operating segments, the FSG, consisting of HEICO Aerospace and its subsidiaries, and the ETG, consisting of HEICO Electronic and its subsidiaries, for the nine and three months ended July 31, 2012 and 2011, respectively, is as follows (in thousands):
 
 
 
 
 
 
Other,
Primarily Corporate and
Intersegment
 
Consolidated
Totals
 
 
Segment
 
 
 
 
FSG
 
ETG
 
 
Nine months ended July 31, 2012
 
 
 
 
 
 
 
 
Net sales
 

$420,654

 

$237,225

 

($2,941
)
 

$654,938

Depreciation and amortization
 
7,604

 
13,926

 
645

 
22,175

Operating income
 
78,523

 
52,472

 
(13,307
)
 
117,688

Capital expenditures
 
5,389

 
6,049

 
943

 
12,381

 
 
 
 
 
 
 
 
 
Nine months ended July 31, 2011
 
 
 
 
 
 
 
 
Net sales
 

$395,193

 

$162,477

 

($1,698
)
 

$555,972

Depreciation and amortization
 
7,683

 
5,458

 
285

 
13,426

Operating income
 
68,385

 
44,556

 
(11,950
)
 
100,991

Capital expenditures
 
4,118

 
1,555

 
37

 
5,710

 
 
 
 
 
 
 
 
 
Three months ended July 31, 2012
 
 
 
 
 
 
 
 
Net sales
 

$140,761

 

$86,482

 

($1,274
)
 

$225,969

Depreciation and amortization
 
2,463

 
5,079

 
195

 
7,737

Operating income
 
26,382

 
20,950

 
(4,877
)
 
42,455

Capital expenditures
 
2,171

 
1,987

 
75

 
4,233

 
 
 
 
 
 
 
 
 
Three months ended July 31, 2011
 
 
 
 
 
 
 
 
Net sales
 

$140,748

 

$57,166

 

($647
)
 

$197,267

Depreciation and amortization
 
2,669

 
1,771

 
95

 
4,535

Operating income
 
24,551

 
15,373

 
(4,218
)
 
35,706

Capital expenditures
 
1,155

 
677

 
33

 
1,865


Total assets by operating segment as of July 31, 2012 and October 31, 2011 are as follows (in thousands):
 
 
Segment
 
Other,
Primarily Corporate
 
Consolidated
Totals
 
 
FSG
 
ETG
 
 
Total assets as of July 31, 2012
 

$461,503

 

$629,126

 

$68,570

 

$1,159,199

Total assets as of October 31, 2011
 
458,624

 
429,869

 
52,576

 
941,069