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ACQUISITIONS (Tables) | 12 Months Ended
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Oct. 31, 2023
Business Acquisition [Line Items] |
Schedule of Fair Value of Total Consideration [Table Text Block] | The following table summarizes the aggregate total consideration for the Company's other acquisitions based on the year of acquisition (in thousands):
| Year ended October 31,
| 2023 |  | 2022 |  | 2021
Cash paid | $20,000 |  |  | $348,606 |  |  | $136,995 |
Less: cash acquired | — |  |  | (1,815) |  |  | (616) |
Cash paid, net | 20,000 |  |  | 346,791 |  |  | 136,379 |
Issuance of common stock for an acquisition | — |  |  | 75,005 |  |  | — |
Contingent consideration | — |  |  | 29,732 |  |  | 18,334 |
Additional purchase consideration | — |  |  | 5,758 |  |  | 292 |
Total consideration | $20,000 |  |  | $457,286 |  |  | $155,005 |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] | The following table summarizes the allocation of the aggregate total consideration for the Company's other acquisitions to the estimated fair values of the tangible and identifiable intangible assets acquired and liabilities and noncontrolling interests assumed (in thousands, and based on the year of acquisition):
| Year ended October 31,
| 2023 |  | 2022 |  | 2021
Assets acquired: |  |  |  |  |
Goodwill | $8,232 |  |  | $244,620 |  |  | $59,445 |
Customer relationships | 8,740 |  |  | 131,479 |  |  | 30,910 |
Intellectual property | 2,870 |  |  | 45,165 |  |  | 23,920 |
Trade names | — |  |  | 41,784 |  |  | 9,920 |
Property, plant and equipment | 58 |  |  | 25,974 |  |  | 24,613 |
Inventories | 100 |  |  | 23,974 |  |  | 6,391 |
Accounts receivable | — |  |  | 24,353 |  |  | 6,866 |
Contract assets | — |  |  | 10,607 |  |  | 18,386 |
Other assets | — |  |  | 5,965 |  |  | 1,126 |
Total assets acquired, excluding cash | 20,000 |  |  | 553,921 |  |  | 181,577 |
Liabilities assumed: |  |  |  |  |
Deferred income taxes | — |  |  | 21,684 |  |  | 414 |
Accrued expenses | — |  |  | 10,146 |  |  | 4,502 |
Accounts payable | — |  |  | 7,575 |  |  | 2,338 |
Other liabilities | — |  |  | 560 |  |  | 266 |
Total liabilities assumed | — |  |  | 39,965 |  |  | 7,520 |
Noncontrolling interests in consolidated subsidiaries | — |  |  | 56,670 |  |  | 19,052 |
Net assets acquired, excluding cash | $20,000 |  |  | $457,286 |  |  | $155,005 |
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block] | The following table summarizes the weighted average amortization period of the definite-lived intangible assets acquired in connection with the Company's other fiscal 2023, 2022 and 2021 acquisitions (in years):
| Year ended October 31,
| 2023 |  | 2022 |  | 2021
Customer relationships | 8 |  | 15 |  | 12
Intellectual property | 8 |  | 13 |  | 13
Wencor |
Business Acquisition [Line Items] |
Schedule of Fair Value of Total Consideration [Table Text Block] | The following table summarizes the total consideration for the acquisition of Wencor (in thousands):
Cash paid |  | $1,923,098 |
Less: cash acquired |  | (29,984) |
Cash paid, net |  | 1,893,114 |
Issuance of common stock for an acquisition |  | 161,373 |
Additional purchase consideration |  | (353) |
Total consideration paid, net |  | $2,054,134 |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] | The following table summarizes the allocation of the total consideration for the acquisition of Wencor to the estimated fair values of the tangible and identifiable intangible assets acquired and liabilities assumed (in thousands):
Assets acquired: |  |
Goodwill |  | $1,260,507 |
Customer relationships |  | 397,400 |
Intellectual property |  | 120,400 |
Trade names |  | 53,200 |
Inventories |  | 249,917 |
Accounts receivable |  | 105,947 |
Property, plant and equipment |  | 35,170 |
Contract assets |  | 5,276 |
Other assets |  | 29,568 |
Total assets acquired, excluding cash |  | 2,257,385 |
Liabilities assumed: |  |
Accrued expenses |  | 62,442 |
Accounts payable |  | 56,187 |
Deferred income taxes |  | 56,108 |
Other liabilities |  | 28,514 |
Total liabilities assumed |  | 203,251 |
Net assets acquired, excluding cash |  | $2,054,134 |
Schedule of Pro Forma Information [Table Text Block] | The following table presents unaudited pro forma financial information for fiscal 2022 as if the acquisition of Wencor had occurred as of November 1, 2021 (in thousands, except per share data):
|  |  | Year ended, |  |
|  |  | October 31, 2022 |  |  |  |
Net sales |  |  | $2,682,328 |  |  |  |  |
Net income from consolidated operations |  |  | $365,189 |  |  |  |  |
Net income attributable to HEICO |  |  | $326,241 |  |  |  |  |
Net income per share attributable to HEICO shareholders: |  |  |  |  |  |  |
Basic |  |  | $2.38 |  |  |  |  |
Diluted |  |  | $2.34 |  |  |  |  |
Exxelia |
Business Acquisition [Line Items] |
Schedule of Fair Value of Total Consideration [Table Text Block] | The following table summarizes the total consideration for the acquisition of Exxelia (in thousands):
Cash paid |  | $515,785 |
Less: cash acquired |  | (11,789) |
Total consideration paid, net |  | $503,996 |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] | The following table summarizes the allocation of the total consideration for the acquisition of Exxelia to the estimated fair values of the tangible and identifiable intangible assets acquired and liabilities and noncontrolling interests assumed (in thousands):
Assets acquired: |  |
Goodwill |  | $327,398 |
Customer relationships |  | 61,943 |
Intellectual property |  | 44,044 |
Trade names |  | 21,703 |
Property, plant and equipment |  | 53,640 |
Inventories |  | 53,351 |
Accounts receivable |  | 41,688 |
Other assets |  | 13,155 |
Total assets acquired, excluding cash |  | 616,922 |
Liabilities assumed: |  |
Deferred income taxes |  | 31,690 |
Accounts payable |  | 21,858 |
Accrued expenses |  | 18,159 |
Short-term debt |  | 15,082 |
Other liabilities |  | 13,982 |
Total liabilities assumed |  | 100,771 |
Noncontrolling interests in consolidated subsidiaries |  | 12,155 |
Net assets acquired, excluding cash |  | $503,996 |
FY2022 Acquisitions |
Business Acquisition [Line Items] |
Schedule of Pro Forma Information [Table Text Block] | The following table presents unaudited pro forma financial information for fiscal 2021 as if the fiscal 2022 acquisitions had occurred as of November 1, 2020 (in thousands, except per share data):
| Year ended
| October 31, 2021
Net sales | $2,043,464 |
Net income from consolidated operations | $349,208 |
Net income attributable to HEICO | $319,660 |
Net income per share attributable to HEICO shareholders: |
Basic | $2.35 |
Diluted | $2.31 |

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