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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Oct. 31, 2018
Oct. 31, 2017
Oct. 31, 2016
Operating Activities:      
Net income from consolidated operations $ 285,686 $ 207,660 $ 176,150
Adjustments to reconcile net income from consolidated operations to net cash provided by operating activities:      
Depreciation and amortization 77,191 64,823 60,277
Share-based compensation expense 9,283 7,415 6,434
Employer contributions to HEICO Savings and Investment Plan 8,019 7,768 7,020
Foreign Currency Transaction Loss, before Tax 365 3,347 13
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Asset (1,365)    
Accrued contingent consideration   1,100 3,063
Deferred income tax benefit (12,977) (11,096) (9,194)
Other 0 0 (644)
Changes in operating assets and liabilities, net of acquisitions:      
Accounts receivable (28,569) 2,846 (15,955)
Inventories (49,455) (21,204) (14,421)
Prepaid expenses and other current assets 401 134 (2,356)
Trade accounts payable 17,403 6,386 4,074
Accrued expenses and other current liabilities 22,121 1,794 35,279
Income taxes payable (12,530) 6,071 1,443
Change in long-term liabilities and assets related to HEICO LCP 11,610 12,841 10,811
Other 1,304 (1,600) (2,281)
Net cash provided by operating activities 328,487 288,285 259,713
Investing Activities:      
Acquisitions, net of cash acquired (59,775) (418,265) (263,811)
Capital expenditures (41,871) (25,998) (30,863)
Net Investment Related to HEICO LCP (11,500) (13,400) (10,529)
Other (365) (552) (2,942)
Net cash used in investing activities (113,511) (458,215) (308,145)
Financing Activities:      
Payments on revolving credit facility (204,000) (190,877) (170,000)
Borrowings on revolving credit facility 56,000 404,000 260,000
Redemption of common stock related to stop option exercises (24,983) (203) (4)
Cash dividends paid (15,363) (12,807) (10,724)
Distributions to noncontrolling interests (13,059) (18,401) (19,017)
Payment of contingent consideration (5,425) (7,039) (6,329)
Revolving credit facility issuance costs (4,067) (270)  
Acquisitions of noncontrolling interests 0 (3,848) (3,599)
Proceeds from stock option exercises 4,031 5,659 5,924
Other (669) (342) 521
Net cash (used in) provided by financing activities (207,535) 175,872 56,772
Effect of exchange rate changes on cash 92 3,169 1,012
Net increase (decrease) in cash and cash equivalents 7,533 9,111 9,352
Cash and cash equivalents at beginning of year 52,066 42,955 33,603
Cash and cash equivalents at end of year $ 59,599 $ 52,066 $ 42,955