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OPERATING SEGMENTS
9 Months Ended
Jul. 31, 2013
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]
OPERATING SEGMENTS
Information on the Company’s two operating segments, the Flight Support Group ("FSG"), consisting of HEICO Aerospace and HEICO Flight Support Corp. and their collective subsidiaries; and the Electronic Technologies Group ("ETG"), consisting of HEICO Electronic Technologies Corp. and its subsidiaries, for the nine and three months ended July 31, 2013 and 2012, respectively, is as follows (in thousands):
 
 
 
 
 
 
Other,
Primarily Corporate and
Intersegment
 
Consolidated
Totals
 
 
Segment
 
 
 
 
FSG
 
ETG
 
 
Nine months ended July 31, 2013:
 
 
 
 
 
 
 
 
Net sales
 

$475,560

 

$250,179

 

($4,408
)
 

$721,331

Depreciation and amortization
 
9,772

 
15,542

 
586

 
25,900

Operating income
 
87,190

 
57,311

 
(16,468
)
 
128,033

Capital expenditures
 
7,733

 
5,498

 
265

 
13,496

 
 
 
 
 
 
 
 
 
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

 
 
 
 
 
 
 
 
 
Three months ended July 31, 2013:
 
 
 
 
 
 
 
 
Net sales
 

$181,331

 

$87,401

 

($1,599
)
 

$267,133

Depreciation and amortization
 
4,069

 
5,226

 
200

 
9,495

Operating income
 
32,649

 
21,516

 
(5,759
)
 
48,406

Capital expenditures
 
2,435

 
1,673

 
123

 
4,231

 
 
 
 
 
 
 
 
 
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


    
Total assets by operating segment as of July 31, 2013 and October 31, 2012 are as follows (in thousands):
 
 
Segment
 
Other,
Primarily Corporate
 
Consolidated
Totals
 
 
FSG
 
ETG
 
 
Total assets as of July 31, 2013
 

$673,638

 

$625,150

 

$87,877

 

$1,386,665

Total assets as of October 31, 2012
 
487,188

 
636,660

 
68,998

 
1,192,846


Amortization expense related to intangible assets and debt issuance costs by operating segment for the nine and three months ended July 31, 2013 and 2012 is as follows (in thousands):
 
 
Segment
 
Other,
Primarily Corporate
 
Consolidated
Totals
 
 
FSG
 
ETG
 
 
Nine months ended July 31, 2013
 

$3,212

 

$11,053

 

$489

 

$14,754

Nine months ended July 31, 2012
 
1,584

 
10,090

 
567

 
12,241

 
 
 
 
 
 
 
 
 
Three months ended July 31, 2013
 

$1,689

 

$3,685

 

$163

 

$5,537

Three months ended July 31, 2012
 
438

 
3,755

 
168

 
4,361