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ACQUISITIONS (Tables) | 6 Months Ended
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Apr. 30, 2012
Acquisitions (Tables) [Abstract] |
Schedule of Purchase Price Allocation [Table Text Block] | The following table summarizes the allocation of the purchase price of Switchcraft to the estimated fair values of the tangible and identifiable intangible assets acquired and liabilities assumed (in thousands).
Assets acquired: |  |  |
Goodwill |  | $ | 76,581 |
Identifiable intangible assets |  |  | 72,500 |
Inventories |  |  | 13,086 |
Property, plant and equipment |  |  | 10,166 |
Accounts receivable |  |  | 6,123 |
Other assets |  |  | 1,570 |
Total assets acquired, excluding cash |  | $ | 180,026 |
Liabilities assumed: |  |  |  |
Deferred income taxes |  | $ | 30,448 |
Accrued expenses |  |  | 2,252 |
Income taxes payable |  |  | 2,016 |
Accounts payable |  |  | 1,889 |
Other liabilities |  |  | 258 |
Total liabilities assumed |  | $ | 36,863 |
Net assets acquired, excluding cash |  | $ | 143,163 |
Business Acquisition, Pro Forma Information [Table Text Block] | The following table presents unaudited pro forma financial information for the six and three months ended April 30, 2011 as if the acquisition of Switchcraft had occurred as of November 1, 2010 (in thousands).
|  | Six months ended |  |  | Three months ended |
|  | April 30, 2011 |  |  | April 30, 2011 |
Net sales |  | $ | 388,113 |  |  | $ | 199,981 |
Net income from consolidated operations |  | $ | 46,961 |  |  | $ | 23,485 |
Net income attributable to HEICO |  | $ | 36,216 |  |  | $ | 18,189 |
Net income per share attributable to HEICO shareholders: |  |  |  |  |  |  |  |
Basic |  | $ | .70 |  |  | $ | .35 |
Diluted |  | $ | .68 |  |  | $ | .34 |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 54 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 55 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141R -Paragraph 68 -Subparagraph r(2, 3) -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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