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OPERATING SEGMENTS
3 Months Ended
Jan. 31, 2012
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]
11. OPERATING SEGMENTS

 

Information on the Company’s two operating segments, the Flight Support Group (“FSG”), consisting of HEICO Aerospace Holdings Corp. and its subsidiaries, and the Electronic Technologies Group (“ETG”), consisting of HEICO Electronic Technologies Corp. and its subsidiaries, for the three months ended January 31, 2012 and 2011, respectively, is as follows (in thousands):

  

                Other,        
                Primarily        
    Segment     Corporate and     Consolidated  
    FSG     ETG     Intersegment     Totals  
Three months ended January 31, 2012:                                
Net sales   $ 138,867     $ 74,471     ($ 683 )   $ 212,655  
Depreciation and amortization     2,686       4,031       258       6,975  
Operating income     25,507       16,205       (4,080 )     37,632  
Capital expenditures     1,655       2,078       55       3,788  
                                 
Three months ended January 31, 2011:                                
Net sales   $ 120,641     $ 53,939     ($ 361 )   $ 174,219  
Depreciation and amortization     2,378       1,834       95       4,307  
Operating income     20,429       15,538       (3,595 )     32,372  
Capital expenditures     1,285       351       1       1,637  

 

Total assets by operating segment as of January 31, 2012 and October 31, 2011 are as follows (in thousands):

 

                Other,        
    Segment     Primarily     Consolidated  
    FSG     ETG     Corporate     Totals  
                         
Total assets as of January 31, 2012   $ 460,036     $ 600,947     $ 71,516     $ 1,132,499  
Total assets as of October 31, 2011     458,624       429,869       52,576       941,069