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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED - USD ($)
$ in Thousands
3 Months Ended
Jan. 31, 2016
Jan. 31, 2015
Operating Activities:    
Net income from consolidated operations $ 35,924 $ 32,091
Adjustments to reconcile net income from consolidated operations to net cash provided by (used in) operating activities:    
Depreciation and amortization 13,921 10,904
Deferred income tax provision (benefit) 2,276 1,557
Share-based compensation expense 1,680 1,422
Tax benefit from stock option exercises 871 1,407
Excess tax benefit from stock option exercises (871) (1,407)
Employer contributions to HEICO Savings and Investment Plan 1,417 1,393
Increase (decrease) in value of contingent consideration 847 20
Foreign currency transaction adjustments, net (839) (1,374)
Changes in operating assets and liabilities, net of acquisitions:    
Decrease in accounts receivable 12,348 2,082
Increase in inventories (2,326) (2,851)
(Increase) decrease in prepaid expenses and other current assets (3,030) (2,105)
Decrease in trade accounts payable (7,696) (5,299)
Decrease in accrued expenses and other current liabilities (14,787) (14,172)
Increase in income taxes payable 5,851 6,323
Other (419) (536)
Net cash provided by operating activities 45,167 29,455
Investing Activities:    
Acquisitions, net of cash acquired (264,324) (49,312)
Capital expenditures (5,690) (4,254)
Other 474 76
Net cash used in investing activities (269,540) (53,490)
Financing Activities:    
Borrowings on revolving credit facility 260,000 56,696
Payments on revolving credit facility (32,000) (29,000)
Cash dividends paid (5,350) (4,666)
Distributions to noncontrolling interests (2,696) (2,557)
Proceeds from stock option exercises 94 1,516
Excess tax benefit from stock option exercises 871 1,407
Other (86) (112)
Net cash (used in) provided by financing activities 220,833 23,284
Effect of exchange rate changes on cash (177) (1,106)
Net (decrease) increase in cash and cash equivalents (3,717) (1,857)
Cash and cash equivalents at beginning of year 33,603 20,229
Cash and cash equivalents at end of period $ 29,886 $ 18,372