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OPERATING SEGMENTS
6 Months Ended
Apr. 30, 2014
Segment Reporting [Abstract]  
Operating Segments [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 six and three months ended April 30, 2014 and 2013, respectively, is as follows (in thousands):
 
 
 
 
 
 
Other,
Primarily Corporate and
Intersegment
 
Consolidated
Totals
 
 
Segment
 
 
 
 
FSG
 
ETG
 
 
Six months ended April 30, 2014:
 
 
 
 
 
 
 
 
Net sales
 

$376,477

 

$177,233

 

($4,652
)
 

$549,058

Depreciation and amortization
 
9,863

 
13,871

 
405

 
24,139

Operating income
 
69,089

 
41,040

 
(10,573
)
 
99,556

Capital expenditures
 
4,256

 
2,759

 
470

 
7,485

 
 
 
 
 
 
 
 
 
Six months ended April 30, 2013:
 
 
 
 
 
 
 
 
Net sales
 

$294,229

 

$162,778

 

($2,809
)
 

$454,198

Depreciation and amortization
 
5,703

 
10,316

 
386

 
16,405

Operating income
 
54,541

 
35,795

 
(10,709
)
 
79,627

Capital expenditures
 
5,298

 
3,825

 
142

 
9,265

 
 
 
 
 
 
 
 
 
Three months ended April 30, 2014:
 
 
 
 
 
 
 
 
Net sales
 

$194,892

 

$89,741

 

($2,401
)
 

$282,232

Depreciation and amortization
 
4,943

 
6,946

 
200

 
12,089

Operating income
 
36,886

 
18,136

 
(5,851
)
 
49,171

Capital expenditures
 
2,231

 
1,051

 
213

 
3,495

 
 
 
 
 
 
 
 
 
Three months ended April 30, 2013:
 
 
 
 
 
 
 
 
Net sales
 

$155,231

 

$83,937

 

($1,460
)
 

$237,708

Depreciation and amortization
 
2,868

 
5,203

 
194

 
8,265

Operating income
 
30,296

 
20,249

 
(5,857
)
 
44,688

Capital expenditures
 
2,911

 
1,790

 
98

 
4,799



Total assets by operating segment as of April 30, 2014 and October 31, 2013 are as follows (in thousands):
 
 
Segment
 
Other,
Primarily Corporate
 
Consolidated
Totals
 
 
FSG
 
ETG
 
 
Total assets as of April 30, 2014
 

$688,106

 

$751,459

 

$107,877

 

$1,547,442

Total assets as of October 31, 2013
 
679,839

 
759,807

 
93,369

 
1,533,015