ACQUISITIONS (Tables)

12 Months Ended

Oct. 31, 2019

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,
	2019			2018			2017
Cash paid		$243,550			$61,931			$109,346
Less: cash acquired	(2,466		)	(4,000		)	(7,713		)
Cash paid, net	241,084			57,931			101,633
Contingent consideration	2,107			—			—
Fair value of existing equity interest	1,417			—			—
Additional purchase consideration	—			(243		)	1,300
Total consideration		$244,608			$57,688			$102,933

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,
	2019		2018		2017
Assets acquired:
Goodwill		$156,177		$38,359		$49,932
Customer relationships	47,553		11,620		29,500
Intellectual property	31,459		6,970		1,950
Trade names	19,216		760		16,750
Property, plant and equipment	18,013		1,777		4,522
Inventories	17,676		6,307		28,410
Accounts receivable	8,673		1,480		15,165
Other assets (including contract assets)	907		126		982
Total assets acquired, excluding cash	299,674		67,399		147,211
Liabilities assumed:
Deferred income taxes	7,455		—		5,432
Accrued expenses	2,937		1,522		6,054
Accounts payable	2,879		671		7,696
Other liabilities	548		—		1,434
Total liabilities assumed	13,819		2,193		20,616
Noncontrolling interests in consolidated subsidiaries	41,247		7,518		23,662
Net assets acquired, excluding cash		$244,608		$57,688		$102,933

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 2019, 2018 and 2017 acquisitions (in years):

	Year ended October 31,
	2019	2018	2017
Customer relationships	11	7	12
Intellectual property	15	10	13

HEICO Electronic [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	544
Total consideration		$330,973

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		$157,901
Customer relationships	100,000
Intellectual property	39,000
Trade name	20,000
Inventories	8,306
Accounts receivable	6,115
Property, plant and equipment	1,893
Other assets	208
Total assets acquired, excluding cash	333,423
Liabilities assumed:
Accounts payable	1,299
Accrued expenses	1,151
Total liabilities assumed	2,450
Net assets acquired, excluding cash		$330,973

Schedule of Pro Forma Information [Table Text Block]

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

	Year ended
	October 31, 2017
Net sales		$1,582,653
Net income from consolidated operations		$220,419
Net income attributable to HEICO		$198,744
Net income per share attributable to HEICO shareholders:
Basic		$1.51
Diluted		$1.47