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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED - USD ($)
$ in Thousands
9 Months Ended
Jul. 31, 2015
Jul. 31, 2014
Operating Activities:    
Net income from consolidated operations $ 109,533 $ 102,694
Adjustments to reconcile net income from consolidated operations to net cash provided by (used in) operating activities:    
Depreciation and amortization 35,066 36,270
Impairment of intangible assets 0 9,200
Share-based compensation expense 4,394 5,874
Employer contributions to HEICO Savings and Investment Plan 4,482 3,849
Deferred income tax provision (benefit) (4,909) (11,549)
Tax benefit from stock option exercises 1,404 93
Excess tax benefit from stock option exercises (1,404) (93)
Change in value of contingent consideration (412) (19,516)
Foreign currency transaction adjustments, net (3,981) 0
Changes in operating assets and liabilities, net of acquisitions:    
Change in accounts receivable 4,482 7,909
Change in inventories (10,653) (2,289)
Change in prepaid expenses and other current assets (548) 7,048
Change in trade accounts payable (6,570) (6,129)
Change in accrued expenses and other current liabilities (7,977) (12,456)
Change in income taxes payable (401) 420
Other long-term assets and liabilities, net (1,217) 5,908
Net cash provided by operating activities 121,289 127,233
Investing Activities:    
Acquisitions, net of cash acquired (56,198) (8,737)
Capital expenditures (13,767) (12,261)
Other 171 (30)
Net cash used in investing activities (69,794) (21,028)
Financing Activities:    
Borrowings on revolving credit facility 68,696 112,000
Payments on revolving credit facility (95,000) (102,000)
Distributions to noncontrolling interests (7,414) (76,717)
Cash dividends paid (9,343) (31,215)
Acquisitions of noncontrolling interests 0 (1,243)
Revolving credit facility issuance costs 0 (767)
Redemptions of common stock related to stock option exercises (5) (273)
Proceeds from stock option exercises 3,258 594
Excess tax benefit from stock option exercises 1,404 93
Other (290) (1,082)
Net cash (used in) provided by financing activities (38,694) (100,610)
Effect of exchange rate changes on cash (1,333) (150)
Net (decrease) increase in cash and cash equivalents 11,468 5,445
Cash and cash equivalents at beginning of year 20,229 15,499
Cash and cash equivalents at end of period $ 31,697 $ 20,944