ACQUISITIONS (Tables)

12 Months Ended

Oct. 31, 2017

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]

The following table summarizes the weighted average amortization period of the definite-lived intangible assets acquired in connection with the Company's other fiscal 2017, 2016 and 2015 acquisitions (in years):



	Year ended October 31,
	2017	2016	2015
Customer relationships	12	11	10
Trade names	—	15	—
Intellectual property	13	15	12
Licenses	—	—	11

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,
	2017			2016		2015
Cash paid		$109,345			$11,000		$171,829
Less: cash acquired	(7,712		)	—		(5,062		)
Cash paid, net	101,633			11,000		166,767
Contingent consideration	—			1,225		21,355
Additional purchase consideration	—			—		(211		)
Total consideration		$101,633			$12,225		$187,911

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,
	2017		2016		2015
Assets acquired:
Goodwill		$48,960		$6,876		$88,602
Customer relationships	29,500		2,800		58,410
Trade names	16,750		300		14,094
Intellectual property	1,950		2,000		29,177
Licenses	—		—		1,300
Inventories	27,271		249		18,055
Accounts receivable	15,169		—		10,719
Property, plant and equipment	4,503		—		16,031
Other assets	976		—		2,547
Total assets acquired, excluding cash	145,079		12,225		238,935

Liabilities assumed:
Accounts payable	7,696		—		4,845
Accrued expenses	6,016		—		2,570
Deferred income taxes	4,984		—		6,764
Other liabilities	1,411		—		621
Total liabilities assumed	20,107		—		14,800

Noncontrolling interests in consolidated subsidiaries	23,339		—		36,224

Net assets acquired, excluding cash		$101,633		$12,225		$187,911

FY 2015 Acquisition [Member]

Business Acquisition [Line Items]

Schedule of Pro Forma Information [Table Text Block]

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



	Year ended October 31, 2015
Net sales		$1,244,911
Net income from consolidated operations		$163,012
Net income attributable to HEICO		$140,771
Net income per share attributable to HEICO shareholders:
Basic		$1.69
Diluted		$1.66

Electronic Technologies Group [Member] | AAT [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 AAT (in thousands):



Cash paid		$317,500
Less: cash acquired	(868		)
Cash paid, net	316,632
Contingent consideration	13,797
Additional purchase consideration	220
Total consideration		$330,649

Schedule of Purchase Price Allocation [Table Text Block]

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



Assets acquired:
Goodwill		$160,903
Customer relationships	100,000
Intellectual property	39,000
Trade name	20,000
Accounts receivable	6,115
Inventories	5,923
Property, plant and equipment	1,246
Other assets	208
Total assets acquired, excluding cash	333,395

Liabilities assumed:
Accounts payable	1,290
Accrued expenses	1,456
Total liabilities assumed	2,746
Net assets acquired, excluding cash		$330,649

Schedule of Pro Forma Information [Table Text Block]

The following table presents unaudited pro forma financial information for fiscal 2017 and fiscal 2016 as if the acquisition of AAT had occurred as of November 1, 2015 (in thousands, except per share data):



	Year ended October 31, 2017		Year ended October 31, 2016
Net sales		$1,582,653		$1,428,336
Net income from consolidated operations		$220,419		$185,070
Net income attributable to HEICO		$198,744		$165,112
Net income per share attributable to HEICO shareholders:
Basic		$2.36		$1.97
Diluted		$2.29		$1.94

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, except per share data):



	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		$1.71
Diluted		$1.68