XML 18 R8.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED - USD ($)
$ in Thousands
9 Months Ended
Jul. 31, 2022
Jul. 31, 2021
Net Cash Provided by (Used in) Operating Activities [Abstract]    
Net income from consolidated operations $ 280,450 $ 236,402
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]    
Depreciation, Depletion and Amortization 70,526 68,816
Stock or Unit Option Plan Expense 9,815 6,354
Employer contributions to HEICO Savings and Investment Plan 8,884 7,366
Deferred income tax provision (benefit) 7,858 (16,957)
Change in value of contingent consideration (4,253) 1,305
Increase (Decrease) in Operating Capital [Abstract]    
Increase (Decrease) in Receivables (18,445) 3,537
Change in contract assets (4,022) (1,960)
Increase (Decrease) in Inventories (61,190) 7,729
Increase (Decrease) in Prepaid Expense and Other Assets (11,701) (12,442)
Change in trade accounts payable 18,959 4,166
Change in accrued expenses and other current liabilities 12,963 12,538
Increase (Decrease) in Income Taxes Payable (2,405) 3,202
Change in other long-term liabilities and assets related to HEICO Leadership Compensation Plan 13,735 12,212
Other Noncash Income (Expense) 2,736 1,835
Net cash provided by operating activities 323,910 334,103
Net Cash Provided by (Used in) Financing Activities [Abstract]    
Proceeds from Long-term Lines of Credit 162,000  
Repayments of Long-Term Lines of Credit (157,000) (355,000)
Common Stock Issued Repurchased and Retired Related To Stock Option Exercises (25,826) (3,687)
Payments of Ordinary Dividends, Common Stock (24,466) (23,002)
Payments of Ordinary Dividends, Noncontrolling Interest (16,766) (21,853)
Payments to Noncontrolling Interests (8,735) (2,336)
Payments of Debt Issuance Costs (1,010) (1,468)
Proceeds from Stock Options Exercised 1,870 4,505
Proceeds from Noncontrolling Interests   534
Proceeds from (Payments for) Other Financing Activities (157) (916)
Net cash (used in) provided by financing activities (70,090) (403,223)
Net Cash Provided by (Used in) Investing Activities [Abstract]    
Payments to Acquire Businesses, Net of Cash Acquired (175,298) (29,603)
Payments to Acquire Property, Plant, and Equipment (24,357) (30,124)
Net Investment Related to Deferred Compensation Plan (13,400) (12,400)
Payments for (Proceeds from) Other Investing Activities (10,296) 3,237
Net cash used in investing activities (223,351) (68,890)
Effect of exchange rate changes on cash (5,162) 974
Net (decrease) increase in cash and cash equivalents 25,307 (137,036)
Cash and cash equivalents at beginning of year 108,298 406,852
Cash and cash equivalents at end of period $ 133,605 $ 269,816