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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Oct. 31, 2016
Oct. 31, 2015
Oct. 31, 2014
Operating Activities:      
Net income from consolidated operations $ 176,150 $ 153,564 $ 138,772
Adjustments to reconcile net income from consolidated operations to net cash provided by operating activities:      
Depreciation and amortization 60,277 47,907 47,757
Impairment of intangible assets 0 0 15,000
Employer contributions to HEICO Savings and Investment Plan 7,020 6,125 6,302
Share-based compensation expense 6,434 6,048 6,426
Accrued contingent consideration 3,063 293  
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Asset     (28,126)
Foreign Currency Transaction Loss, before Tax 13    
Foreign Currency Transaction Gain, before Tax   (3,704)  
Deferred income tax benefit (9,194) (7,080) (16,745)
Tax benefit from stock option exercises 868 1,402 93
Excess tax benefit from stock option exercises (881) (1,402) (93)
Payment of contingent consideration 631    
Changes in operating assets and liabilities, net of acquisitions:      
Accounts receivable (15,955) (22,572) 6,999
Inventories (14,421) (10,187) 126
Prepaid expenses and other current assets (2,356) 1,433 8,033
Trade accounts payable 4,074 3,169 2,511
Accrued expenses and other current liabilities 35,279 (883) (3,090)
Income taxes payable 1,443 373 1,462
Other (1,999) (1,623) 5,262
Net cash provided by operating activities 249,184 172,863 190,689
Investing Activities:      
Acquisitions, net of cash acquired (263,811) (166,784) (8,737)
Capital expenditures (30,863) (18,249) (16,410)
Other (2,942) (973) (40)
Net cash used in investing activities (297,616) (186,006) (25,187)
Financing Activities:      
Borrowings on revolving credit facility 260,000 173,696 112,000
Payments on revolving credit facility (170,000) (132,000) (159,000)
Distributions to noncontrolling interests (19,017) (9,699) (79,212)
Cash dividends paid (10,724) (9,343) (31,215)
Payment of contingent consideration (6,329)    
Acquisitions of noncontrolling interests (3,599) 0 (1,243)
Proceeds from stock option exercises 5,924 3,673 708
Excess tax benefit from stock option exercises 881 1,402 93
Revolving credit facility issuance costs 0 0 (767)
Other (364) (393) (1,479)
Net cash (used in) provided by financing activities 56,772 27,336 (160,115)
Effect of exchange rate changes on cash 1,012 (819) (657)
Net increase (decrease) in cash and cash equivalents 9,352 13,374 4,730
Cash and cash equivalents at beginning of year 33,603 20,229 15,499
Cash and cash equivalents at end of year $ 42,955 $ 33,603 $ 20,229