ACQUISITIONS (Tables)

12 Months Ended

Oct. 31, 2016

Schedule of Pro Forma Information [Table Text Block]

The following table presents unaudited pro forma financial information for fiscal 2015 and fiscal 2014 as if the Company's fiscal 2015 acquisitions had occurred as of November 1, 2013 (in thousands):



	Year ended October 31,
	2015		2014
Net sales		$1,244,911		$1,228,987
Net income from consolidated operations		$163,012		$150,412
Net income attributable to HEICO		$140,771		$130,539
Net income per share attributable to HEICO shareholders:
Basic		$2.11		$1.96
Diluted		$2.08		$1.94

Other Acquisitions [Member]

Business Acquisition [Line Items]

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

The following table summarizes the aggregate total consideration for the Company's other acquisitions (in thousands):



	Year ended October 31,
	2016		2015			2014
Cash paid		$11,000		$171,829			$6,759
Less: cash acquired	—		(5,062		)	—
Cash paid, net	11,000		166,767			6,759
Contingent purchase consideration	1,225		21,355			—
Additional purchase consideration	—		(211		)	(56		)
Total consideration		$12,225		$187,911			$6,703

Schedule of Purchase Price Allocation [Table Text Block]

The following table summarizes the allocation of the aggregate total consideration for the Company's 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,
	2016		2015		2014
Assets acquired:
Identifiable intangible assets		$5,100		$102,981		$3,400
Goodwill	6,876		88,602		2,552
Inventories	249		18,055		247
Property, plant and equipment	—		16,031		248
Accounts receivable	—		10,719		256
Other assets	—		2,571		12
Total assets acquired, excluding cash	12,225		238,959		6,715

Liabilities assumed:
Deferred income taxes	—		6,788		—
Accounts payable	—		4,845		—
Accrued expenses	—		2,570		12
Other liabilities	—		621		—
Total liabilities assumed	—		14,824		12

Noncontrolling interests in consolidated subsidiaries	—		36,224		—

Net assets acquired, excluding cash		$12,225		$187,911		$6,703

Electronic Technologies Group [Member] | Robertson [Member]

Business Acquisition [Line Items]

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 Purchase Price Allocation [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		$93,425
Customer relationships	55,100
Intellectual property	39,600
Trade name	28,400
Inventories	27,417
Property, plant and equipment	7,476
Accounts receivable	4,973
Other assets	1,884
Total assets acquired, excluding cash	258,275

Liabilities assumed:
Accounts payable	4,606
Accrued expenses	647
Total liabilities assumed	5,253
Net assets acquired, excluding cash		$253,022

Schedule of Pro Forma Information [Table Text Block]

The following table presents unaudited pro forma financial information for fiscal 2015 as if the acquisition of Robertson had occurred as of November 1, 2014 (in thousands):



	Year ended October 31, 2015
Net sales		$1,275,926
Net income from consolidated operations		$162,645
Net income attributable to HEICO		$142,445
Net income per share attributable to HEICO shareholders:
Basic		$2.13
Diluted		$2.10