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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Oct. 31, 2017
Oct. 31, 2016
Oct. 31, 2015
Operating Activities:      
Net income from consolidated operations $ 207,660 $ 176,150 $ 153,564
Adjustments to reconcile net income from consolidated operations to net cash provided by operating activities:      
Depreciation and amortization 64,823 60,277 47,907
Employer contributions to HEICO Savings and Investment Plan 7,768 7,020 6,125
Share-based compensation expense 7,415 6,434 6,048
Accrued contingent consideration 1,100 3,063 293
Foreign Currency Transaction Loss, before Tax 3,347 13 (3,704)
Deferred income tax benefit (11,096) (9,194) (7,080)
Tax benefit from stock option exercises 0 868 1,402
Excess tax benefit from stock option exercises 0 (881) (1,402)
Payment of contingent consideration   (631)  
Changes in operating assets and liabilities, net of acquisitions:      
Accounts receivable 2,846 (15,955) (22,572)
Inventories (21,204) (14,421) (10,187)
Prepaid expenses and other current assets 134 (2,356) 1,433
Trade accounts payable 6,386 4,074 3,169
Accrued expenses and other current liabilities 1,794 35,279 (883)
Income taxes payable 6,071 1,443 373
Other (2,159) (1,999) (1,623)
Net cash provided by operating activities 274,885 249,184 172,863
Investing Activities:      
Acquisitions, net of cash acquired (418,265) (263,811) (166,784)
Capital expenditures (25,998) (30,863) (18,249)
Other (552) (2,942) (973)
Net cash used in investing activities (444,815) (297,616) (186,006)
Financing Activities:      
Borrowings on revolving credit facility 404,000 260,000 173,696
Payments on revolving credit facility (190,877) (170,000) (132,000)
Distributions to noncontrolling interests (18,401) (19,017) (9,699)
Cash dividends paid (12,807) (10,724) (9,343)
Payment of contingent consideration (7,039) (6,329)  
Acquisitions of noncontrolling interests (3,848) (3,599) 0
Proceeds from stock option exercises 5,659 5,924 3,673
Excess tax benefit from stock option exercises   881 1,402
Revolving credit facility issuance costs (270)    
Other (545) (364) (393)
Net cash (used in) provided by financing activities 175,872 56,772 27,336
Effect of exchange rate changes on cash 3,169 1,012 (819)
Net increase (decrease) in cash and cash equivalents 9,111 9,352 13,374
Cash and cash equivalents at beginning of year 42,955 33,603 20,229
Cash and cash equivalents at end of year $ 52,066 $ 42,955 $ 33,603