XML 72 R56.htm IDEA: XBRL DOCUMENT v3.20.4
ACQUISITIONS (Details Textuals) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Oct. 31, 2020
Jul. 31, 2020
Apr. 30, 2020
Jan. 31, 2020
Oct. 31, 2019
Jul. 31, 2019
Apr. 30, 2019
Jan. 31, 2019
Oct. 31, 2020
Oct. 31, 2019
Oct. 31, 2018
Business Acquisition [Line Items]                      
Net sales $ 426,178 $ 386,410 $ 468,146 $ 506,275 $ 541,529 $ 532,324 $ 515,648 $ 466,146 $ 1,787,009 $ 2,055,647 $ 1,777,721
Net income 62,327 $ 54,316 $ 75,453 $ 121,888 85,684 $ 81,098 $ 81,782 $ 79,332 313,984 327,896 259,233
Acquisition Costs         3,200         3,200  
Payments to Acquire Businesses, Net of Cash Acquired                 163,939 240,841 $ 59,775
Contingent consideration, liability $ 41,974       18,326       $ 41,974 $ 18,326  
Customer Relationships [Member]                      
Business Acquisition [Line Items]                      
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life                 10 years 11 years 7 years
Intellectual Property [Member]                      
Business Acquisition [Line Items]                      
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life                 11 years 15 years 10 years
STE [Member]                      
Business Acquisition [Line Items]                      
Percentage of interest owned by noncontrolling shareholders 15.00%               15.00%    
Solid Sealing Technology [Member]                      
Business Acquisition [Line Items]                      
Percentage of interest owned by noncontrolling shareholders 15.00%               15.00%    
Research Electronics International [Member]                      
Business Acquisition [Line Items]                      
Percentage of interest owned by noncontrolling shareholders 25.00%               25.00%    
Decavo [Member]                      
Business Acquisition [Line Items]                      
Percentage of interest owned by noncontrolling shareholders 19.90%               19.90%    
Apex [Member]                      
Business Acquisition [Line Items]                      
Percentage of interest owned by noncontrolling shareholders 7.30%               7.30%    
FY2019 Acquisition [Member]                      
Business Acquisition [Line Items]                      
Payments to Acquire Businesses, Net of Cash Acquired                   $ 241,084  
Cash Acquired from Acquisition                   2,466  
Pro Forma Revenue                     $ 1,879,700
Decavo [Member]                      
Business Acquisition [Line Items]                      
Amount of contingent purchase consideration, the company could be required to pay $ 2,100               $ 2,100    
Connect Tech [Member] | Existing Management [Member]                      
Business Acquisition [Line Items]                      
Percentage of interest owned by noncontrolling shareholders 10.01%               10.01%    
TSID [Member] | Existing Management [Member]                      
Business Acquisition [Line Items]                      
Percentage of interest owned by noncontrolling shareholders 25.00%               25.00%    
Quell [Member] | Existing Management [Member]                      
Business Acquisition [Line Items]                      
Percentage of interest owned by noncontrolling shareholders 19.90%               19.90%    
HEICO Electronic [Member] | TTT-Cubed [Member]                      
Business Acquisition [Line Items]                      
Name of Acquired Entity                 TTT-Cubed, Inc.    
Description of Acquired Entity                 TTT is a designer and manufacturer of Radio Frequency (RF) Sources, Detectors, and Controllers for a certain wide range of aerospace and defense applications.    
HEICO Electronic [Member] | Bernier Connect SAS [Member]                      
Business Acquisition [Line Items]                      
Name of Acquired Entity                 Bernier Connect SAS    
Description of Acquired Entity                 Bernier is a designer and manufacturer of interconnect products used in demanding defense, aerospace and industrial applications, primarily for communications-related purposes.    
HEICO Electronic [Member] | Bernier Connect SAS [Member] | Moulages Plastiques Industriels [Member]                      
Business Acquisition [Line Items]                      
Name of Acquired Entity                 Moulages Plastiques Industriels de L'essonne    
Description of Acquired Entity                 a plastics manufacturer.    
Business Acquisition, Percentage of Voting Interests Acquired 70.00%               70.00%    
HEICO Electronic [Member] | Research Electronics International [Member]                      
Business Acquisition [Line Items]                      
Name of Acquired Entity                 Research Electronics International, LLC    
Description of Acquired Entity                 REI is a designer and manufacturer of TSCM equipment to detect devices used for espionage and information theft.    
Business Acquisition, Percentage of Voting Interests Acquired 75.00%               75.00%    
HEICO Electronic [Member] | Solid Sealing Technology [Member]                      
Business Acquisition [Line Items]                      
Name of Acquired Entity                 Solid Sealing Technology, Inc.    
Description of Acquired Entity                 SST designs and manufactures high-reliability ceramic-to-metal feedthroughs and connectors for demanding environments within the defense, industrial, life science, medical, research, semiconductor, and other markets.    
Business Acquisition, Percentage of Voting Interests Acquired 85.00%               85.00%    
HEICO Electronic [Member] | Freebird [Member]                      
Business Acquisition [Line Items]                      
Name of Acquired Entity                 Freebird Semiconductor Corporation    
Description of Acquired Entity                 Freebird is a fabless design and manufacturing company that offers advanced high-reliability wide-band gap power switching technology.    
Business Acquisition, Percentage of Voting Interests Acquired 50.00%               50.00%    
HEICO Electronic [Member] | Apex [Member]                      
Business Acquisition [Line Items]                      
Name of Acquired Entity                 Apex Microtechnology, Inc.    
Description of Acquired Entity                 Apex designs and manufactures precision power analog monolithic, hybrid and open frame components for a certain wide range of aerospace, defense, industrial, measurement, medical and test applications.    
Business Acquisition, Percentage of Voting Interests Acquired 92.70%               92.70%    
HEICO Electronic [Member] | Specialty Silicone Products [Member]                      
Business Acquisition [Line Items]                      
Name of Acquired Entity                 Specialty Silicone Products, Inc.    
Description of Acquired Entity                 SSP designs and manufactures silicone material for a variety of demanding applications used in aerospace, defense, research, oil and gas, testing, pharmaceuticals and other markets.    
HEICO Electronic [Member] | FY 2017 Acquisition [Member]                      
Business Acquisition [Line Items]                      
Amount of contingent purchase consideration, the company could be required to pay $ 20,000               $ 20,000    
Contingent consideration, liability $ 18,100               $ 18,100    
HEICO Electronic [Member] | SST [Member]                      
Business Acquisition [Line Items]                      
Name of Acquired Entity                 SST Components, Inc. (“SST Components”)    
Description of Acquired Entity                 SST Components manufactures discrete semiconductor components, tests electronic components, and custom assembles a wide variety of prototype and off the shelf components into desired package styles for military, space and commercial uses.    
Business Acquisition, Percentage of Voting Interests Acquired 53.10%               53.10%    
HEICO Electronic [Member] | ELT [Member]                      
Business Acquisition [Line Items]                      
Name of Acquired Entity                 Emergency Locator Transmitter Beacon    
Description of Acquired Entity                 The ELT Product Line designs and manufactures Emergency Locator Transmitter Beacons for the commercial aviation and defense markets that upon activation, transmit a distress signal to alert search and rescue operations of the aircraft's location.    
HEICO Electronic [Member] | STE [Member]                      
Business Acquisition [Line Items]                      
Name of Acquired Entity                 Sensor Technology Engineering, Inc. ("Sensor Technology")    
Description of Acquired Entity                 Sensor Technology designs and manufactures sophisticated nuclear radiation detectors for law enforcement, homeland security and military applications.    
Business Acquisition, Percentage of Voting Interests Acquired 85.00%               85.00%    
HEICO Electronic [Member] | IDC [Member]                      
Business Acquisition [Line Items]                      
Name of Acquired Entity                 Interface Displays & Controls, Inc. ("IDC")    
Description of Acquired Entity                 IDC designs and manufactures electronic products for aviation, marine, military fighting vehicles, and embedded computing markets.    
HEICO Electronic [Member] | Connect Tech [Member]                      
Business Acquisition [Line Items]                      
Name of Acquired Entity                 Connect Tech Inc    
Description of Acquired Entity                 Connect Tech designs and manufacturers rugged, small-form-factor embedded computing solutions. Connect Tech's components are designed for very harsh environments and are primarily used in rugged commercial and industrial, aerospace and defense, transportation, and smart energy applications.    
Amount of contingent purchase consideration, the company could be required to pay $ 9,700               $ 9,700    
Business Acquisition, Percentage of Voting Interests Acquired 89.99%               89.99%    
HEICO Electronic [Member] | Transformational Security [Member]                      
Business Acquisition [Line Items]                      
Name of Acquired Entity                 Transformational Security, LLC    
HEICO Electronic [Member] | Intelligent Devices [Member]                      
Business Acquisition [Line Items]                      
Name of Acquired Entity                 Intelligent Devices, Inc    
HEICO Electronic [Member] | TSID [Member]                      
Business Acquisition [Line Items]                      
Name of Acquired Entity                 Transformational Security, LLC and Intelligent Devices, Inc. (collectively, "TSID")    
Description of Acquired Entity                 TSID develops and manufactures state-of-the-art Technical Surveillance Countermeasures ("TSCM") equipment used to protect critical spaces from exploitation via wireless transmissions, technical surveillance and listening devices.    
Amount of contingent purchase consideration, the company could be required to pay $ 14,000               $ 14,000    
Business Acquisition, Percentage of Voting Interests Acquired 75.00%               75.00%    
Heico Flight Support Corp [Member] | FY2019 Acquisition [Member]                      
Business Acquisition [Line Items]                      
Amount of contingent purchase consideration, the company could be required to pay $ 6,400               $ 6,400    
Contingent consideration, liability         $ 1,100         $ 1,100  
Heico Flight Support Corp [Member] | Decavo [Member]                      
Business Acquisition [Line Items]                      
Name of Acquired Entity                 Decavo LLC    
Description of Acquired Entity                 Decavo designs and produces complex composite parts and assemblies incorporated into camera and related sensor assemblies and unmanned aerial vehicle ("UAV") airframes used in demanding defense and civilian applications.    
Business Acquisition, Percentage of Voting Interests Acquired 80.10%               80.10%    
Heico Flight Support Corp [Member] | ODE [Member]                      
Business Acquisition [Line Items]                      
Name of Acquired Entity                 Optical Display Engineering ("ODE")    
Description of Acquired Entity                 ODE is a Federal Aviation Administration ("FAA")-authorized Part 145 Repair Station focusing on the repair of LCD screens and display modules for aviation displays used in civilian and military aircraft. ODE also holds FAA-Parts Manufacturer Approval authority to supply products that it repairs.    
Heico Flight Support Corp [Member] | Rocky Mountain [Member]                      
Business Acquisition [Line Items]                      
Name of Acquired Entity                 Rocky Mountain Hydrostatics, LLC    
Description of Acquired Entity                 Rocky Mountain overhauls industrial pumps, motors, and other hydraulic units with a focus on the support of legacy systems for the U.S. Navy.    
Business Acquisition, Percentage of Voting Interests Acquired 70.00%               70.00%    
Heico Flight Support Corp [Member] | Rocky Mountain [Member] | Existing Management [Member]                      
Business Acquisition [Line Items]                      
Percentage of interest owned by noncontrolling shareholders 30.00%               30.00%    
Electronic Technologies Group [Member] | EPC [Member]                      
Business Acquisition [Line Items]                      
Name of Acquired Entity                 EPC Space LLC    
Description of Acquired Entity                 EPC designs, develops, promotes, markets and sells radiation-hardened gallium nitride power solutions packaged for use in outer space and other high reliability applications.    
Business Acquisition, Percentage of Voting Interests Acquired 49.00%               49.00%    
Electronic Technologies Group [Member] | HMI [Member]                      
Business Acquisition [Line Items]                      
Name of Acquired Entity                 Human-Machine Interface    
Description of Acquired Entity                 HMI designs, manufactures, and repairs flight deck annunciators, panels, indicators, and illuminated keyboards, as well as lighting controls, and flight deck lighting.    
Business Acquisition, Percentage of Voting Interests Acquired 100.00%               100.00%    
Electronic Technologies Group [Member] | Quell [Member]                      
Business Acquisition [Line Items]                      
Name of Acquired Entity                 Quell Corporation    
Description of Acquired Entity                 Quell designs and manufactures electromagnetic interference (EMI)/radio-frequency interference (RFI) and transient protection solutions for a wide variety of connectors that principally serve customers within the aerospace and defense markets.    
Business Acquisition, Percentage of Voting Interests Acquired 80.10%               80.10%    
Flight Support Corp [Member] | Freebird [Member]                      
Business Acquisition [Line Items]                      
Business Acquisition, Percentage of Voting Interests Acquired 100.00%               100.00%