ACQUISITIONS (Tables)

12 Months Ended

Oct. 31, 2013

Reinhold Industries [Member]

Schedule of Purchase Price Allocation [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		$76,424
Identifiable intangible assets	66,500
Inventories	10,753
Accounts receivable	8,830
Property, plant and equipment	7,994
Other assets	2,832
Total assets acquired, excluding cash		$173,333

Liabilities assumed:
Deferred income taxes		$25,631
Accrued expenses	6,994
Accounts payable	2,923
Defined benefit pension plan obligation, net	2,865
Accrued additional purchase consideration	1,557
Other liabilities	390
Total liabilities assumed		$40,360
Net assets acquired, excluding cash		$132,973

Schedule of Pro Forma Information [Table Text Block]

The following table presents unaudited pro forma financial information for fiscal 2012 as if the acquisition of Reinhold had occurred as of November 1, 2011 (in thousands):



	Year ended
	October 31, 2012
Net sales		$952,184
Net income from consolidated operations		$109,923
Net income attributable to HEICO		$88,382
Net income per share attributable to HEICO shareholders:
Basic		$1.34
Diluted		$1.33

Switchcraft Inc [Member]

Business Acquisition [Line Items]

Schedule of Purchase Price Allocation [Table Text Block]

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



Assets acquired:
Goodwill		$73,405
Identifiable intangible assets	72,500
Inventories	13,086
Property, plant and equipment	10,884
Accounts receivable	6,123
Other assets	1,358
Total assets acquired, excluding cash		$177,356

Liabilities assumed:
Deferred income taxes		$30,244
Accrued expenses	2,252
Accounts payable	1,889
Other liabilities	258
Total liabilities assumed		$34,643
Net assets acquired, excluding cash		$142,713

Schedule of Pro Forma Information [Table Text Block]

The following table presents unaudited pro forma financial information for fiscal 2011 as if the acquisition of Switchcraft had occurred as of November 1, 2010 (in thousands):



	Year ended
	October 31, 2011
Net sales		$824,767
Net income from consolidated operations		$100,842
Net income attributable to HEICO		$78,209
Net income per share attributable to HEICO shareholders:
Basic		$1.20
Diluted		$1.18

Other Acquisitions [Member]

Business Acquisition [Line Items]

Schedule of Purchase Price Allocation [Table Text Block]

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



	Year ended October 31,
	2013		2012		2011
Assets Acquired:
Goodwill		$68,068		$18,499		$49,575
Identifiable intangible assets	39,843		21,831		40,187
Accounts receivable	9,233		4,390		9,072
Property, plant and equipment	6,286		1,361		10,206
Inventories	3,112		4,688		16,847
Other assets	2,603		171		1,639
Total assets acquired, excluding cash		$129,145		$50,940		$127,526

Liabilities assumed:
Accrued additional purchase consideration		$21,223		$11,982		$5,738
Deferred income taxes	13,868		—		7,423
Accrued expenses	3,846		645		7,634
Accounts payable	1,746		445		7,555
Other liabilities	—		—		5,184
Total liabilities assumed		$40,683		$13,072		$33,534

Noncontrolling interests in consolidated subsidiaries		$—		$3,918		$5,921

Acquisitions, net of cash acquired		$88,462		$33,950		$88,071