ACQUISITIONS ACQUISITIONS (Tables) - Robertson [Member] - Electronic Technologies Group [Member]

3 Months Ended

Jan. 31, 2016

Schedule of Fair Value of Total Consideration [Table Text Block]

The following table summarizes the total consideration for the acquisition of Robertson (in thousands):



Cash paid		$256,806
Less: cash acquired	(3,271		)
Cash paid, net	253,535
Additional purchase consideration	(352		)
Total consideration		$253,183

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

The following table summarizes the allocation of the total consideration for the acquisition of Robertson to the estimated fair values of the tangible and identifiable intangible assets acquired and liabilities assumed (in thousands):



Assets acquired:
Identifiable intangible assets		$123,100
Goodwill	91,824
Inventories	27,955
Property, plant and equipment	7,038
Accounts receivable	5,000
Other assets	1,884
Total assets acquired, excluding cash	256,801

Liabilities assumed:
Accounts payable	2,971
Accrued expenses	647
Total liabilities assumed	3,618
Net assets acquired, excluding cash		$253,183

Business Acquisition, Pro Forma Information [Table Text Block]

The following table presents unaudited pro forma financial information for the three months ended January 31, 2016 as if the acquisition of Robertson had occurred as of November 1, 2014 (in thousands):



	Three months ended		Three months ended
	January 31, 2016		January 31, 2015
Net sales		$327,561		$284,206
Net income from consolidated operations		$39,479		$32,517
Net income attributable to HEICO		$34,826		$28,066
Net income per share attributable to HEICO shareholders:
Basic		$.52		$.42
Diluted		$.51		$.41