ACQUISITIONS ACQUISITIONS (Tables)

9 Months Ended

Jul. 31, 2013

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The following table summarizes the allocation of the purchase price of Reinhold to the estimated fair values of the tangible and identifiable intangible assets acquired and liabilities assumed (in thousands):



Assets acquired:
Goodwill		$76,792
Identifiable intangible assets	66,500
Inventories	10,753
Accounts receivable	8,830
Property, plant and equipment	7,994
Other assets	1,342
Total assets acquired, excluding cash		$172,211

Liabilities assumed:
Deferred income taxes		$25,625
Accrued expenses	6,994
Accounts payable	2,923
Other liabilities	3,697
Total liabilities assumed		$39,239
Net assets acquired, excluding cash		$132,972

Business Acquisition, Pro Forma Information [Table Text Block]

The following table presents unaudited pro forma financial information for the nine and three months ended July 31, 2012 as if the acquisition of Reinhold had occurred as of November 1, 2011 (in thousands):



	Nine months ended		Three months ended
	July 31, 2012		July 31, 2012
Net sales		$695,641		$240,940
Net income from consolidated operations		$79,579		$29,963
Net income attributable to HEICO		$63,563		$24,414
Net income per share attributable to HEICO shareholders:
Basic		$1.21		$.46
Diluted		$1.19		$.46