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

9 Months Ended

Jul. 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		$256,293
Less: cash acquired	(3,271		)
Total consideration		$253,022

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:
Goodwill		$91,705
Customer relationships	55,100
Intellectual property	39,600
Trade name	28,400
Inventories	27,955
Property, plant and equipment	7,200
Accounts receivable	5,000
Other assets	1,883
Total assets acquired, excluding cash	256,843

Liabilities assumed:
Accounts payable	3,174
Accrued expenses	647
Total liabilities assumed	3,821
Net assets acquired, excluding cash		$253,022

Business Acquisition, Pro Forma Information [Table Text Block]

The following table presents unaudited pro forma financial information for the nine and three months ended July 31, 2016 and July 31, 2015 as if the acquisition of Robertson had occurred as of November 1, 2014 (in thousands):



	Nine months ended July 31,				Three months ended July 31,
	2016		2015		2016		2015
Net sales		$1,034,293		$921,563		$356,084		$325,527
Net income from consolidated operations		$133,078		$113,946		$47,435		$42,726
Net income attributable to HEICO		$118,379		$99,527		$42,461		$38,157
Net income per share attributable to HEICO shareholders:
Basic		$1.77		$1.49		$.63		$.57
Diluted		$1.74		$1.47		$.62		$.56