OPERATING SEGMENTS

6 Months Ended

Apr. 30, 2012

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

11. OPERATING SEGMENTS

Information on the Company’s two operating segments, the FSG, consisting of HEICO Aerospace and its subsidiaries, and the ETG, consisting of HEICO Electronic and its subsidiaries, for the six and three months ended April 30, 2012 and 2011, respectively, is as follows (in thousands):

					Other,
					Primarily
	Segment				Corporate and			Consolidated
	FSG		ETG		Intersegment			Totals
Six months ended April 30, 2012:
Net sales	$	279,893	$	150,743	($	1,667	)	$	428,969
Depreciation and amortization		5,141		8,847		450			14,438
Operating income		52,141		31,522		(8,430	)		75,233
Capital expenditures		3,218		4,062		868			8,148
Six months ended April 30, 2011:
Net sales	$	254,445	$	105,311	($	1,051	)	$	358,705
Depreciation and amortization		5,014		3,687		190			8,891
Operating income		43,834		29,183		(7,732	)		65,285
Capital expenditures		2,963		878		4			3,845
Three months ended April 30, 2012:
Net sales	$	141,026	$	76,272	($	984	)	$	216,314
Depreciation and amortization		2,455		4,816		192			7,463
Operating income		26,634		15,317		(4,350	)		37,601
Capital expenditures		1,563		1,984		813			4,360
Three months ended April 30, 2011:
Net sales	$	133,804	$	51,372	($	690	)	$	184,486
Depreciation and amortization		2,636		1,853		95			4,584
Operating income		23,405		13,645		(4,137	)		32,913
Capital expenditures		1,678		527		3			2,208

Total assets by operating segment as of April 30, 2012 and October 31, 2011 are as follows (in thousands):

					Other,
	Segment				Primarily		Consolidated
	FSG		ETG		Corporate		Totals
Total assets as of April 30, 2012	$	463,204	$	637,696	$	70,615	$	1,171,515
Total assets as of October 31, 2011		458,624		429,869		52,576		941,069