XML 85 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jul. 31, 2013
Oct. 31, 2012
Current assets:    
Cash and cash equivalents $ 12,771 $ 21,451
Accounts receivable, net 139,401 122,214
Inventories, net 216,256 189,704
Prepaid expenses and other current assets 9,687 6,997
Deferred income taxes 29,998 27,545
Total current assets 408,113 367,911
Property, plant and equipment, net 90,863 80,518
Goodwill 619,571 542,114
Intangible assets, net 207,098 154,324
Deferred income taxes 2,316 2,492
Other assets 58,704 45,487
Total assets 1,386,665 1,192,846
Current liabilities:    
Current maturities of long-term debt 663 626
Trade accounts payable 54,089 50,083
Accrued expenses and other current liabilities 84,362 76,241
Income taxes payable 2,776 4,564
Total current liabilities 141,890 131,514
Long-term debt, net of current maturities 318,876 131,194
Deferred income taxes 115,426 90,436
Other long-term liabilities 67,177 52,777
Total liabilities 643,369 405,921
Commitments and contingencies      
Redeemable noncontrolling interests 52,444 67,166
Shareholders' equity:    
Preferred Stock 0 0
Common Stock 214 213
Class A Common Stock 317 315
Capital in excess of par value 253,872 244,632
Deferred compensation obligation 928 823
HEICO stock held by irrevocable trust (928) (823)
Accumulated other comprehensive loss (2,727) (3,572)
Retained earnings 326,000 375,085
Total HEICO shareholders' equity 577,676 616,673
Noncontrolling interests 113,176 103,086
Total shareholders' equity 690,852 719,759
Total liabilities and equity $ 1,386,665 $ 1,192,846