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QUARTERLY FINANCIAL INFORMATION (UNAUDITED) | 12 Months Ended
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Oct. 31, 2018
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Information [Text Block] | QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
(in thousands, except per share data) |  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
Net sales: |  |  |  |  |  |  |  |
2018 |  |  | $404,410 |  |  |  | $430,602 |  |  |  | $465,825 |  |  |  | $476,884 |
2017 |  |  | $343,432 |  |  |  | $368,657 |  |  |  | $391,500 |  |  |  | $421,224 |
Gross profit: |  |  |  |  |  |  |  |
2018 |  |  | $154,791 |  |  |  | $167,857 |  |  |  | $181,609 |  |  |  | $186,458 |
2017 |  |  | $125,417 |  |  |  | $140,382 |  |  |  | $148,897 |  |  |  | $160,029 |
Net income from consolidated operations: |  |  |  |  |  |  |  |
2018 |  |  | $71,695 |  |  |  | $66,011 |  |  |  | $73,899 |  |  |  | $74,081 |
2017 |  |  | $46,265 |  |  |  | $50,833 |  |  |  | $51,475 |  |  |  | $59,087 |
Net income attributable to HEICO: |  |  |  |  |  |  |  |
2018 |  |  | $65,152 |  |  |  | $59,618 |  |  |  | $67,086 |  |  |  | $67,377 |
2017 |  |  | $40,927 |  |  |  | $45,686 |  |  |  | $45,698 |  |  |  | $53,674 |
Net income per share attributable to HEICO: |  |  |  |  |  |  |  |
Basic: |  |  |  |  |  |  |  |
2018 |  |  | $.49 |  |  |  | $.45 |  |  |  | $.51 |  |  |  | $.51 |
2017 |  |  | $.31 |  |  |  | $.35 |  |  |  | $.35 |  |  |  | $.41 |
Diluted: |  |  |  |  |  |  |  |
2018 |  |  | $.48 |  |  |  | $.44 |  |  |  | $.49 |  |  |  | $.49 |
2017 |  |  | $.30 |  |  |  | $.34 |  |  |  | $.34 |  |  |  | $.39 |
During the first quarter of fiscal 2018, the U.S. government enacted significant changes to existing tax law resulting in the Company recording a provisional discrete tax benefit from remeasuring its U.S. federal net deferred tax liabilities that was partially offset by a provisional discrete tax expenses related to a one-time transition tax on the unremitted earnings of the Company's foreign subsidiaries. The net impact of these provisional amounts increased net income attributable to HEICO by $11.9 million, or $.09 per basic and dilute share. See Note 6, Income Taxes, for additional information regarding changes to existing tax law. During the first quarter of fiscal 2017, the Company adopted ASU 2016-09, resulting in the recognition of a $3.1 million discrete income tax benefit and a 1,220,000 increase in the Company's weighted average number of diluted common shares outstanding, which, net of noncontrolling interests, increased net income attributable to HEICO by $2.6 million, or $.02 per basic and $.01 per diluted share. Due to changes in the average number of common shares outstanding, net income per share attributable to HEICO for the full fiscal year may not equal the sum of the four individual quarters.

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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