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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED - USD ($)
$ in Thousands
3 Months Ended
Jan. 31, 2022
Jan. 31, 2021
Operating Activities:    
Net income from consolidated operations $ 94,252 $ 76,248
Adjustments to reconcile net income from consolidated operations to net cash provided by (used in) operating activities:    
Depreciation and amortization 23,222 23,003
Share-based compensation expense 3,614 2,229
Employer contributions to HEICO Savings and Investment Plan 3,165 2,840
Deferred income tax provision (benefit) (322) (8,345)
Change in value of contingent consideration (114) 432
Changes in operating assets and liabilities, net of acquisitions:    
Change in accounts receivable 16,191 9,234
Increase (Decrease) in Contract with Customer, Asset (1,780) 2,623
Change in inventories (26,967) 2,602
Change in prepaid expenses and other current assets (9,005) (6,614)
Change in trade accounts payable 2,469 1,641
Change in accrued expenses and other current liabilities (38,725) (19,241)
Change in income taxes payable (72) 6,627
Increase (Decrease) in Obligation, Other Postretirement Benefits 11,603 12,022
Other 449 1,898
Net cash provided by operating activities 77,980 107,199
Investing Activities:    
Acquisitions, net of cash acquired 0 (345)
Capital expenditures (8,691) (15,509)
Net Investment Related to Deferred Compensation Plan (10,100) (10,400)
Other (1,168) 983
Net cash used in investing activities (19,959) (25,271)
Financing Activities:    
Payments on revolving credit facility (25,000) (70,000)
Proceeds from Long-term Lines of Credit 26,000 0
Cash dividends paid (12,227) (10,818)
Distributions to noncontrolling interests (6,046) (7,744)
Common Stock Issued Repurchased and Retired Related To Stock Option Exercises (23,623) (3,571)
Payments of Debt Issuance Costs 0 (1,468)
Proceeds from stock option exercises 769 2,450
Other 207 (256)
Net cash (used in) provided by financing activities (39,920) (91,407)
Effect of exchange rate changes on cash (1,581) 2,030
Net (decrease) increase in cash and cash equivalents 16,520 (7,449)
Cash and cash equivalents at beginning of year 108,298 406,852
Cash and cash equivalents at end of period $ 124,818 $ 399,403