XML 30 R19.htm IDEA: XBRL DOCUMENT v3.8.0.1
SUBSEQUENT EVENT
3 Months Ended
Jan. 31, 2018
Subsequent Events [Abstract]  
Subsequent Events [Text Block]
SUBSEQUENT EVENT
In February 2018, the Company, through a subsidiary of HEICO Electronic, acquired 85% of the assets and business of Sensor Technology Engineering, Inc. ("Sensor Technology"). Sensor Technology designs and manufactures sophisticated nuclear radiation detectors for law enforcement, homeland security and military applications. The remaining 15% continues to be owned by certain members of Sensory Technology's management team. The purchase price of this acquisition was paid in cash, principally using proceeds from the Company's revolving credit facility and the total consideration for the acquisition is not material or significant to the Company’s condensed consolidated financial statements.