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ACQUISITIONS (Tables)
12 Months Ended
Oct. 31, 2014
Reinhold Industries [Member]  
Business Acquisition [Line Items]  
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
 
2,756

Total assets acquired, excluding cash
 

$173,257

 
 
 
Liabilities assumed:
 
 
Deferred income taxes
 

$25,613

Accrued expenses
 
6,994

Accounts payable
 
2,923

Defined benefit pension plan obligation, net
 
2,865

Accrued additional purchase consideration
 
1,499

Other liabilities
 
390

Total liabilities assumed
 

$40,284

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

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,
 
 
2014
 
2013
 
2012
Assets Acquired:
 
 
 
 
 
 
Goodwill
 

$2,552

 

$68,095

 

$18,499

Identifiable intangible assets
 
3,400

 
39,843

 
21,831

Accounts receivable
 
251

 
9,233

 
4,390

Property, plant and equipment
 
248

 
6,286

 
1,361

Inventories
 
250

 
3,112

 
4,688

Other assets
 
70

 
2,565

 
171

Total assets acquired, excluding cash
 

$6,771

 

$129,134

 

$50,940

 
 
 
 
 
 
 
Liabilities assumed:
 
 
 
 
 
 
Accrued additional purchase consideration
 

$—

 

$21,223

 

$11,982

Deferred income taxes
 

 
13,857

 

Accrued expenses
 
12

 
3,846

 
645

Accounts payable
 

 
1,746

 
445

Other liabilities
 

 

 

Total liabilities assumed
 

$12

 

$40,672

 

$13,072

 
 
 
 
 
 
 
Noncontrolling interests in consolidated subsidiaries
 

$—

 

$—

 

$3,918

 
 
 
 
 
 
 
Acquisitions, net of cash acquired
 

$6,759

 

$88,462

 

$33,950