DOCUMENT AND ENTITY INFORMATION (USD $)	12 Months Ended
DOCUMENT AND ENTITY INFORMATION (USD $)	Oct. 31, 2012	Apr. 30, 2012	Dec. 17, 2012 Common Stock [Member]	Dec. 17, 2012 Common Class A [Member]
Document and Entity Information [Abstract]
Entity Registrant Name	HEICO CORP
Entity Central Index Key	0000046619
Current Fiscal Year End Date	--10-31
Entity Filer Category	Large Accelerated Filer
Trading Symbol	hei
Entity Common Stock, Shares Outstanding			21,396,373	31,624,278
Document Type	10-K
Amendment Flag	false
Document Period End Date	Oct. 31, 2012
Document Fiscal Period Focus	Q4
Document Fiscal Year Focus	2012
Entity Well-Known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Public Float		$ 1,718,978,000

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Oct. 31, 2012	Oct. 31, 2011
Current assets:
Cash and cash equivalents	$ 21,451	$ 17,500
Accounts receivable, net	122,214	106,414
Inventories, net	189,704	164,967
Prepaid expenses and other current assets	6,997	5,471
Deferred income taxes	27,545	22,286
Total current assets	367,911	316,638
Property, plant and equipment, net	80,518	67,074
Goodwill	542,114	443,402
Intangible assets, net	154,324	78,157
Deferred income taxes	2,492	2,374
Other assets	45,487	33,424
Total assets	1,192,846	941,069
Current liabilities:
Current maturities of long-term debt	626	335
Trade accounts payable	50,083	43,547
Accrued expenses and other current liabilities	76,241	76,376
Income taxes payable	4,564	3,132
Total current liabilities	131,514	123,390
Long-term debt, net of current maturities	131,194	39,823
Deferred income taxes	90,436	58,899
Other long-term liabilities	52,777	33,373
Total liabilities	405,921	255,485
Redeemable noncontrolling interests (Note 12)	67,166	65,430
Shareholders' equity:
Preferred Stock, $.01 par value per share; 10,000 shares authorized; 300 shares designated as Series B Junior Participating Preferred Stock and 300 shares designated as Series C Junior Participating Preferred Stock; none issued	0	0
Common Stock, $.01 par value per share; 75,000 shares authorized; 21,346 and 21,318 shares issued and outstanding	213	171
Class A Common Stock, $.01 par value per share; 75,000 shares authorized; 31,517 and 31,278 shares issued and outstanding	315	250
Capital in excess of par value	244,632	226,120
Deferred compensation obligation	823	522
HEICO stock held by irrevocable trust	(823)	(522)
Accumulated other comprehensive income (loss)	(3,572)	3,033
Retained earnings	375,085	299,497
Total HEICO shareholders' equity	616,673	529,071
Noncontrolling interests	103,086	91,083
Total shareholders' equity	719,759	620,154
Total liabilities and equity	$ 1,192,846	$ 941,069

CONDENSED CONSOLIDATED BALANCE SHEETS [PARENTHETICAL] (USD $) In Thousands, except Per Share data, unless otherwise specified	Oct. 31, 2012	Oct. 31, 2011
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	10,000	10,000
Preferred stock, shares issued	0	0
Series B Junior Participating Preferred Stock [Member]
Preferred stock, shares designated	300	300
Preferred stock, shares issued	0	0
Series C Junior Participating Preferred Stock [Member]
Preferred stock, shares designated	300	300
Preferred stock, shares issued	0	0
Common Class A [Member]
Common stock, par value (in dollar per share)	$ 0.01	$ 0.01
Common stock, shares authorized	75,000	75,000
Common stock, shares issued	31,517	31,278
Common stock, shares outstanding	31,517	31,278
Common Stock [Member]
Common stock, par value (in dollar per share)	$ 0.01	$ 0.01
Common stock, shares authorized	75,000	75,000
Common stock, shares issued	21,346	21,318
Common stock, shares outstanding	21,346	21,318

Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation.

+ References+ Details

- Definition

Face amount or stated value per share of nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer); generally not indicative of the fair market value per share.

+ References+ Details

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) In Thousands, except Per Share data, unless otherwise specified	12 Months Ended
	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2010
Net sales	$ 897,347	$ 764,891	$ 617,020
Operating costs and expenses:
Cost of sales	569,911	490,450	394,673
Selling, general and administrative expenses	164,142	136,010	113,174
Total operating costs and expenses	734,053	626,460	507,847
Operating income	163,294	138,431	109,173
Interest expense	(2,432)	(142)	(508)
Other income	313	64	390
Income before income taxes and noncontrolling interests	161,175	138,353	109,055
Income tax expense	54,500	42,900	36,700
Net income from consolidated operations	106,675	95,453	72,355
Less: Net income attributable to noncontrolling interests	21,528	22,633	17,417
Net income attributable to HEICO	$ 85,147	$ 72,820	$ 54,938
Net income per share attributable to HEICO shareholders (Note 13):
Basic (in dollars per share)	$ 1.62	$ 1.40	$ 1.07
Diluted (in dollars per share)	$ 1.60	$ 1.37	$ 1.04
Weighted average number of common shares outstanding:
Basic (in shares)	52,689	52,040	51,301
Diluted (in shares)	53,299	53,127	52,767

CONDENSED CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY AND COMPREHENSIVE INCOME (USD $) In Thousands, unless otherwise specified	Total	Redeemable Noncontrolling Interests [Member]	Common Stock [Member]	Common Class A [Member]	Additional Paid-in Capital [Member]	Deferred Compensation Obligation [Member]	Common Stock Issued To Trust [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Retained Earnings [Member]	Noncontrolling Interest [Member]
Balances at Oct. 31, 2009	$ 490,658	$ 56,937	$ 104	$ 157	$ 224,625	$ 0	$ 0	$ (1,381)	$ 189,485	$ 77,668
Comprehensive income:
Net income	62,985	9,370	0	0	0	0	0	0	54,938	8,047
Foreign currency translation	1,271	0	0	0	0	0	0	1,271	0	0
Total comprehensive income	64,256	9,370	0	0	0	0	0	1,271	54,938	8,047
Cash dividends	(3,546)	0	0	0	0	0	0	0	(3,546)	0
Five-for-four common stock split	(68)	0	26	40	(66)	0	0	0	(68)	0
Tax benefit from stock option exercises	951	0	0	0	951	0	0	0	0	0
Stock option compensation expense	1,353	0	0	0	1,353	0	0	0	0	0
Proceeds from stock option exercises	1,815	0	1	2	1,812	0	0	0	0	0
Redemptions of common stock related to stock option exercises	(681)	0	0	0	(681)	0	0	0	0	0
Distributions to noncontrolling interests	0	(10,360)	0	0	0	0	0	0	0	0
Acquisitions of noncontrolling interests	0	(795)	0	0	0	0	0	0	0	0
Adjustments to redemption amount of redeemable noncontrolling interests	104	(104)	0	0	0	0	0	0	104	0
Other	(16)	0	0	0	(1)	0	0	(14)	0	(1)
Balances at Oct. 31, 2010	554,826	55,048	131	199	227,993	0	0	(124)	240,913	85,714
Comprehensive income:
Net income	84,189	11,264	0	0	0	0	0	0	72,820	11,369
Foreign currency translation	3,012	0	0	0	0	0	0	3,012	0	0
Total comprehensive income	87,201	11,264	0	0	0	0	0	3,012	72,820	11,369
Cash dividends	(4,494)	0	0	0	0	0	0	0	(4,494)	0
Five-for-four common stock split	(102)	0	33	50	(83)	0	0	0	(102)	0
Tax benefit from stock option exercises	7,703	0	0	0	7,703	0	0	0	0	0
Stock option compensation expense	2,647	0	0	0	2,647	0	0	0	0	0
Proceeds from stock option exercises	2,167	0	9	2	2,156	0	0	0	0	0
Redemptions of common stock related to stock option exercises	(14,298)	0	(3)	0	(14,295)	0	0	0	0	0
Distributions to noncontrolling interests	(6,000)	(8,893)	0	0	0	0	0	0	0	(6,000)
Acquisitions of noncontrolling interests	0	(7,241)	0	0	0	0	0	0	0	0
Noncontrolling interests assumed related to acquisition	0	5,612	0	0	0	0	0	0	0	0
Adjustments to redemption amount of redeemable noncontrolling interests	(9,640)	9,640	0	0	0	0	0	0	(9,640)	0
Deferred Compensation Obligation	0	0	0	0	0	522	(522)	0	0	0
Other	144	0	1	(1)	(1)	0	0	145	0	0
Balances at Oct. 31, 2011	620,154	65,430	171	250	226,120	522	(522)	3,033	299,497	91,083
Comprehensive income:
Net income	97,149	9,526	0	0	0	0	0	0	85,147	12,002
Foreign currency translation	(6,457)	0	0	0	0	0	0	(6,457)	0	0
Total comprehensive income	90,692	9,526	0	0	0	0	0	(6,457)	85,147	12,002
Cash dividends	(5,689)	0	0	0	0	0	0	0	(5,689)	0
Five-for-four common stock split	(16)	0	42	63	(105)	0	0	0	(16)	0
Stock Issued During Period, Value, Employee Benefit Plan	982	0	0	0	982	0	0	0	0	0
Tax benefit from stock option exercises	13,164	0	0	0	13,164	0	0	0	0	0
Stock option compensation expense	3,948	0	0	0	3,948	0	0	0	0	0
Proceeds from stock option exercises	833	0		2	831	0	0	0	0	0
Redemptions of common stock related to stock option exercises	(307)	0		0	(307)	0	0	0	0	0
Distributions to noncontrolling interests	0	(9,090)	0	0	0	0	0	0	0
Acquisitions of noncontrolling interests	0	(7,616)	0	0	0	0	0	0	0	0
Noncontrolling interests assumed related to acquisition	0	3,918	0	0	0	0	0	0	0	0
Adjustments to redemption amount of redeemable noncontrolling interests	(3,775)	3,775	0	0	0	0	0	0	(3,775)	0
Deferred Compensation Obligation	0	0	0	0	0	301	(301)	0	0	0
Other	(227)	1,223	0	0	(1)	0	0	(148)	(79)	1
Balances at Oct. 31, 2012	$ 719,759	$ 67,166	$ 213	$ 315	$ 244,632	$ 823	$ (823)	$ (3,572)	$ 375,085	$ 103,086

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2010
Operating Activities:
Net income from consolidated operations	$ 106,675	$ 95,453	$ 72,355
Adjustments to reconcile net income from consolidated operations to net cash provided by operating activities:
Depreciation and amortization	30,656	18,543	17,597
Impairment of intangible assets	0	4,987	1,438
Change in value of contingent consideration	119	(1,150)	0
Pension Contributions	982	0	0
Deferred income tax (benefit) provision	(2,834)	29	1,817
Tax benefit from stock option exercises	13,164	7,703	951
Excess tax benefit from stock option exercises	(12,110)	(6,346)	(669)
Stock option compensation expense	3,948	2,647	1,353
Changes in operating assets and liabilities, net of acquisitions:
(Increase) decrease in accounts receivable	(5,782)	(5,327)	(10,684)
(Increase) decrease in inventories	(7,484)	(9,405)	6,359
(Increase) decrease in prepaid expenses and other current assets	(1,072)	(343)	549
Increase (decrease) in trade accounts payable	4,269	7,257	125
Increase (decrease) in accrued expenses and other current liabilities	5,182	10,425	11,474
Increase (decrease) in income taxes payable	1,759	1,516	(1,196)
Other	1,113	(471)	248
Net cash provided by operating activities	138,585	125,518	101,717
Investing Activities:
Acquisitions, net of cash acquired	(197,285)	(94,655)	(39,061)
Capital expenditures	(15,262)	(9,446)	(8,877)
Other	(161)	201	(325)
Net cash used in investing activities	(212,708)	(103,900)	(48,263)
Financing Activities:
Borrowings on revolving credit facility	191,000	72,000	37,000
Payments on revolving credit facility	(100,000)	(50,000)	(78,000)
Excess tax benefit from stock option exercises	12,110	6,346	669
Distributions to noncontrolling interests	(9,090)	(14,893)	(10,360)
Redemptions of common stock related to stock option exercises	(307)	(14,298)	(681)
Acquisitions of noncontrolling interests	(7,616)	(7,241)	(795)
Cash dividends paid	(5,689)	(4,494)	(3,546)
Payments of Debt Issuance Costs	(3,028)	0	0
Proceeds from stock option exercises	833	2,167	1,815
Other	214	(256)	(294)
Net cash used in financing activities	78,427	(10,669)	(54,192)
Effect of exchange rate changes on cash	(353)	8	114
Net increase (decrease) in cash and cash equivalents	3,951	10,957	(624)
Cash and cash equivalents at beginning of year	17,500	6,543	7,167
Cash and cash equivalents at end of year	$ 21,451	$ 17,500	$ 6,543

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

12 Months Ended

Oct. 31, 2012

Accounting Policies [Abstract]

Significant Accounting Policies [Text Block]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Nature of Business

HEICO Corporation, through its principal subsidiaries HEICO Aerospace Holdings Corp. (“HEICO Aerospace”), HEICO Flight Support Corp. and HEICO Electronic Technologies Corp. (“HEICO Electronic”) and their subsidiaries (collectively, the “Company”), is principally engaged in the design, manufacture and sale of aerospace, defense and electronic related products and services throughout the United States and internationally. The Company’s customer base is primarily the aviation, defense, space, medical, telecommunications and electronics industries.

Basis of Presentation

The consolidated financial statements include the accounts of HEICO Corporation and its subsidiaries, all of which are wholly-owned except for HEICO Aerospace, which is 20%-owned by Lufthansa Technik AG, the technical services subsidiary of Lufthansa German Airlines. In addition, HEICO Aerospace consolidates four subsidiaries which are 80.1%, 80.1%, 82.3%, and 86.7% owned, respectively, and a joint venture, which is 84% owned. Also, HEICO Flight Support Corp. consolidates two subsidiaries which are 80.1% and 84% owned, respectively. Furthermore, HEICO Electronic consolidates three subsidiaries, which are 80.1%, 82.5%, and 95.9% owned, respectively, and a wholly-owned subsidiary of HEICO Electronic consolidates a subsidiary which is 78% owned. See Note 12, Redeemable Noncontrolling Interests. All significant intercompany balances and transactions are eliminated.

Stock Splits

In March of 2012, 2011 and 2010, the Company’s Board of Directors declared a 5-for-4 stock split on both classes of the Company’s common stock. The stock splits were effected as of April 25, 2012, April 26, 2011 and April 27, 2010, respectively, in the form of a 25% stock dividend distributed to shareholders of record as of April 13, 2012, April 15, 2011 and April 16, 2010, respectively. All applicable share and per share information has been adjusted retrospectively to give effect to the 5-for-4 stock splits.

Use of Estimates and Assumptions

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.

Cash and Cash Equivalents

For purposes of the consolidated financial statements, the Company considers all highly liquid investments such as U.S. Treasury bills and money market funds with an original maturity of three months or less at the time of purchase to be cash equivalents.

Accounts Receivable

Accounts receivable consist of amounts billed and currently due from customers and unbilled costs and estimated earnings related to revenue from certain fixed price contracts recognized on the percentage-of-completion method that have been recognized for accounting purposes, but not yet billed to customers. The valuation of accounts receivable requires that the Company set up an allowance for estimated uncollectible accounts and record a corresponding charge to bad debt expense. The Company estimates uncollectible receivables based on such factors as its prior experience, its appraisal of a customer’s ability to pay, age of receivables outstanding and economic conditions within and outside of the aviation, defense, space, medical, telecommunications and electronics industries.

Concentrations of Credit Risk

Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of temporary cash investments and trade accounts receivable. The Company places its temporary cash investments with high credit quality financial institutions and limits the amount of credit exposure to any one financial institution. Concentrations of credit risk with respect to trade receivables are limited due to the large number of customers comprising the Company’s customer base and their dispersion across many different geographical regions. The Company performs ongoing credit evaluations of its customers, but does not generally require collateral to support customer receivables.

Inventory

Inventory is stated at the lower of cost or market, with cost being determined on the first-in, first-out or the average cost basis. Losses, if any, are recognized fully in the period when identified.

The Company periodically evaluates the carrying value of inventory, giving consideration to factors such as its physical condition, sales patterns and expected future demand in order to estimate the amount necessary to write down any slow moving, obsolete or damaged inventory. These estimates could vary significantly from actual amounts based upon future economic conditions, customer inventory levels or competitive factors that were not foreseen or did not exist when the estimated write-downs were made. In accordance with industry practice, all inventories are classified as a current asset including portions with long production cycles, some of which may not be realized within one year.

Property, Plant and Equipment

Property, plant and equipment is recorded at cost. Depreciation and amortization is generally provided on the straight-line method over the estimated useful lives of the various assets. The Company’s property, plant and equipment is depreciated over the following estimated useful lives:

The costs of major additions and improvements are capitalized. Leasehold improvements are amortized over the shorter of the leasehold improvement’s useful life or the lease term. Repairs and maintenance are expensed as incurred. Upon disposition, the cost and related accumulated depreciation are removed from the accounts and any resulting gain or loss is reflected within earnings.

Capital Leases

Assets acquired under capital leases are recorded at the lower of the fair value of the asset or the present value of the future minimum lease payments, excluding that portion of the payments representing executory costs. The discount rate used in determining the present value of the minimum lease payments is the lower of the rate implicit in the lease or the Company's incremental borrowing rate. Assets under capital leases are included in property, plant and equipment and are depreciated over the shorter of the lease term or the useful life of the leased asset. Lease payments under capital leases are recognized as a reduction of the capital lease obligation and interest expense.

Business Combinations

The Company adopted new accounting guidance for business combinations effective prospectively for acquisitions consummated on or after November 1, 2009 (the beginning of fiscal 2010). Under the new guidance, any contingent consideration is recognized as a liability at fair value as of the acquisition date with subsequent fair value adjustments recorded in operations. Acquisition costs are generally expensed as incurred under the new guidance. Contingent consideration paid or accrued in fiscal 2012, 2011 and 2010 related to acquisitions consummated prior to fiscal 2010 were based on a multiple of each applicable subsidiary’s earnings relative to target and were not contingent upon the former shareholders of the respective acquired entity remaining employed by the Company or providing future services to the Company. Accordingly, these amounts represent an additional cost of the respective entity recorded as additional goodwill. Information regarding additional contingent purchase consideration related to acquisitions prior to fiscal 2010 may be found in Note 2, Acquisitions.

The Company allocates the purchase price of acquired entities to the underlying tangible and identifiable intangible assets acquired and liabilities and any noncontrolling interests assumed based on their estimated fair values, with any excess recorded as goodwill. The operating results of acquired businesses are included in the Company’s results of operations beginning as of their effective acquisition dates.

Goodwill and Other Intangible Assets

The Company tests goodwill for impairment annually as of October 31, or more frequently if events or changes in circumstances indicate that the carrying amount of goodwill may not be fully recoverable. The test requires the Company to compare the fair value of each of its reporting units to its carrying value to determine potential impairment. If the carrying value of a reporting unit exceeds its fair value, the implied fair value of that reporting unit’s goodwill is to be calculated and an impairment loss is recognized in the amount by which the carrying value of the reporting unit’s goodwill exceeds its implied fair value, if any.

The Company’s intangible assets not subject to amortization consist principally of its trade names. The Company’s intangible assets subject to amortization are amortized on the straight-line method (except for certain customer relationships amortized on an accelerated method) over the following estimated useful lives:



Customer relationships	5	to	10	years
Intellectual property	6	to	15	years
Licenses	10	to	17	years
Non-compete agreements	2	to	7	years
Patents	5	to	19	years
Trade names	5	to	10	years

Amortization expense of intellectual property, licenses and patents is recorded as a component of cost of sales, and amortization expense of customer relationships, non-compete agreements and trade names is recorded as a component of selling, general and administrative expenses in the Company’s Consolidated Statement of Operations. The Company tests each non-amortizing intangible asset for impairment annually as of October 31, or more frequently if events or changes in circumstances indicate that the asset might be impaired. During fiscal 2012, the Company adopted new accounting guidance which permits an entity the option to perform a qualitative evaluation about the likelihood that an indefinite-lived intangible asset is impaired in order to determine whether it should calculate the fair value of the asset. Accordingly, the Company first assesses qualitative factors for certain trade names to determine whether it is more likely than not that the asset's fair value is less than its carrying amount and if necessary, performs a quantitative analysis comparing the asset's current fair value to its carrying amount. To derive the fair value of its trade names, the Company utilizes an income approach. The Company also tests each amortizing intangible asset for impairment if events or circumstances indicate that the asset might be impaired. The test consists of determining whether the carrying value of such assets will be recovered through undiscounted expected future cash flows. If the total of the undiscounted future cash flows is less than the carrying amount of those assets, the Company recognizes an impairment loss based on the excess of the carrying amount over the fair value of the assets.

Investments

Investments are stated at fair value based on quoted market prices. Investments that are intended to be held for less than one year are included within prepaid expenses and other current assets in the Company’s Consolidated Balance Sheets, while those intended to be held for longer than one year are classified within other assets. Unrealized gains or losses associated with available-for-sale securities are reported net of tax within other comprehensive income in shareholders’ equity. Unrealized gains or losses associated with trading securities are recorded as a component of other income in the Company’s Consolidated Statement of Operations.

Derivative Instruments

From time to time, the Company utilizes certain derivative instruments (e.g. foreign currency forward contracts and interest rate swap agreements) to hedge the variability of foreign currency exchange rates and the expected future cash flows of certain transactions. Changes in the fair value of derivative instruments are recognized immediately in earnings, unless the derivative is designated as a hedge and qualifies for hedge accounting. There are three hedging relationships where a derivative (hedging instrument) may qualify for hedge accounting: (1) a hedge of the change in fair value of a recognized asset or liability or firm commitment (fair value hedge), (2) a hedge of the variability in cash flows from forecasted transactions (cash flow hedge), and (3) a hedge of the variability caused by changes in foreign currency exchange rates (foreign currency hedge).

Under hedge accounting, recognition of derivative gains and losses can be matched in the same period with that of the hedged exposure and thereby minimize earnings volatility. In order for a derivative to qualify for hedge accounting, the derivative must be formally designated as a fair value, cash flow, or a foreign currency hedge by documenting the relationship between the derivative and the hedged item. Additionally, the hedge relationship must be expected to be highly effective at offsetting changes in either the fair value or cash flows of the hedged item at both inception and on an ongoing basis. For a derivative instrument that qualifies for hedge accounting, the effective portion of changes in fair value of the derivative is deferred and recorded as a component of other comprehensive income until the hedged transaction occurs and is recognized in earnings. All other portions of changes in fair value of the derivative are recognized in earnings immediately. If the derivative does not qualify for hedge accounting, the Company considers the transaction to be an “economic hedge” and changes in the fair value of the derivative asset or liability are recognized immediately in earnings.

During fiscal 2012 and 2011, the Company entered into foreign currency forward contracts to mitigate foreign exchange risk of certain transactions. The impact of these forward contracts did not have a material effect on the Company’s results of operations, financial position or cash flows in fiscal 2012 or 2011. The Company did not utilize any derivative instruments in fiscal 2010.

Customer Rebates and Credits

The Company records accrued customer rebates and credits as a component of accrued expenses and other current liabilities in the Company’s Consolidated Balance Sheets. These amounts generally relate to discounts negotiated with customers as part of certain sales contracts that are usually tied to sales volume thresholds. The Company accrues customer rebates and credits as a reduction within net sales as the revenue is recognized based on the estimated level of discount rate expected to be earned by each customer over the life of the contract period (generally one year). Accrued customer rebates and credits are monitored by management and discount levels are updated at least quarterly.

Product Warranties

Product warranty liabilities are estimated at the time of shipment and recorded as a component of accrued expenses and other current liabilities in the Company’s Consolidated Balance Sheets. The amount recognized is based on historical claims experience.

Revenue Recognition

Revenue from the sale of products and the rendering of services is recognized when title and risk of loss passes to the customer, which is generally at the time of shipment. Revenue from the rendering of services represented less than 10% of consolidated net sales for all periods presented. Revenue from certain fixed price contracts for which costs can be dependably estimated is recognized on the percentage-of-completion method, measured by the percentage of costs incurred to date to estimated total costs for each contract. The percentage of the Company’s net sales recognized under the percentage-of-completion method was approximately 1%, 1%, and 2% in fiscal 2012, 2011 and 2010, respectively. Contract costs include all direct material and labor costs and those indirect costs related to contract performance, such as indirect labor, supplies, tools, repairs and depreciation costs. Selling, general and administrative costs are charged to expense as incurred.

Revisions in cost estimates as contracts progress have the effect of increasing or decreasing profits in the period of revision. Provisions for estimated losses on uncompleted contracts are made in the period in which such losses are determined. Variations in actual labor performance, changes to estimated profitability, and final contract settlements may result in revisions to cost estimates and are recognized in income in the period in which the revisions are determined. Changes in estimates pertaining to percentage-of-completion contracts did not have a material effect on net income from consolidated operations in fiscal 2012, 2011 or 2010.

The asset, “costs and estimated earnings in excess of billings” on uncompleted percentage-of-completion contracts, included in accounts receivable, represents revenue recognized in excess of amounts billed. The liability, “billings in excess of costs and estimated earnings,” included in accrued expenses and other current liabilities, represents billings in excess of revenue recognized on contracts accounted for under the percentage-of-completion method. Billings are made based on the completion of certain milestones as provided for in the contracts.

For fixed price contracts in which costs cannot be dependably estimated, revenue is recognized on the completed-contract method. A contract is considered complete when all significant costs have been incurred or the item has been accepted by the customer. Progress billings and customer advances (“billings to date”) received on fixed price contracts accounted for under the completed-contract method are classified as a reduction to contracts in process (a component of inventories), if any, and any remaining amount is included in accrued expenses and other current liabilities.

Stock-Based Compensation

The Company records compensation expense associated with stock options in its Consolidated Statements of Operations based on the grant date fair value of those awards. The fair value of each stock option on the date of grant is estimated using the Black-Scholes pricing model based on certain valuation assumptions. Expected volatilities are based on the Company’s historical stock prices over the contractual terms of the options and other factors. The risk-free interest rates used are based on the published U.S. Treasury yield curve in effect at the time of the grant for instruments with a similar life. The dividend yield reflects the Company’s expected dividend yield at the date of grant. The expected life represents the period that the stock options are expected to be outstanding, taking into consideration the contractual terms of the options and employee historical exercise behavior. The Company generally recognizes stock option compensation expense ratably over the award’s vesting period.

The Company calculates the amount of excess tax benefit that is available to offset future write-offs of deferred tax assets, or additional paid-in-capital pool (“APIC Pool”) by tracking each stock option award granted after November 1, 1996 on an employee-by-employee basis and on a grant-by-grant basis to determine whether there is a tax benefit situation or tax deficiency situation for each such award. The Company then compares the fair value expense to the tax deduction received for each stock option grant and aggregates the benefits and deficiencies, which have the effect of increasing or decreasing, respectively, the APIC Pool. Should the amount of future tax deficiencies be greater than the available APIC Pool, the Company will record the excess as income tax expense in its Consolidated Statements of Operations. The excess tax benefit resulting from tax deductions in excess of the cumulative compensation expense recognized for stock options exercised is presented as a financing activity in the Company’s Consolidated Statements of Cash Flows. All other tax benefits related to stock options have been presented as a component of operating activities.

Income Taxes

Income tax expense includes United States and foreign income taxes, plus the provision for United States taxes on undistributed earnings of foreign subsidiaries not deemed to be permanently invested. Deferred income taxes are provided on elements of income that are recognized for financial accounting purposes in periods different from periods recognized for income tax purposes.

The Company accounts for uncertainty in income taxes and evaluates tax positions utilizing a two-step process. The first step is to determine whether it is more-likely-than-not that a tax position will be sustained upon examination based on the technical merits of the position. The second step is to measure the benefit to be recorded from tax positions that meet the more-likely-than-not recognition threshold by determining the largest amount of tax benefit that is greater than 50 percent likely of being realized upon ultimate settlement and recognizing that amount in the financial statements. The Company’s policy is to recognize interest and penalties related to income tax matters as a component of income tax expense. Further information regarding income taxes can be found in Note 6, Income Taxes.

Redeemable Noncontrolling Interests

As further detailed in Note 12, Redeemable Noncontrolling Interests, the holders of equity interests in certain of the Company’s subsidiaries have rights (“Put Rights”) that require the Company to provide cash consideration for their equity interests (the “Redemption Amount”) at fair value or at a formula that management intended to reasonably approximate fair value based solely on a multiple of future earnings over a measurement period. The Put Rights are embedded in the shares owned by the noncontrolling interest holders and are not freestanding. The Company tracks the carrying cost of such redeemable noncontrolling interests at historical cost plus an allocation of subsidiary earnings based on ownership interest, less dividends paid to the noncontrolling interest holders. Redeemable noncontrolling interests are recorded outside of permanent equity at the higher of their carrying cost or management’s estimate of the Redemption Amount. The initial adjustment to record redeemable noncontrolling interests at the Redemption Amount results in a corresponding decrease to retained earnings. Subsequent adjustments to the Redemption Amount of redeemable noncontrolling interests may result in corresponding decreases or increases to retained earnings, provided any increases to retained earnings may only be recorded to the extent of decreases previously recorded. Adjustments to Redemption Amounts based on fair value will have no affect on net income per share attributable to HEICO shareholders whereas the portion of periodic adjustments to the carrying amount of redeemable noncontrolling interests based solely on a multiple of future earnings that reflect a redemption amount in excess of fair value will affect net income per share attributable to HEICO shareholders. Acquisitions of redeemable noncontrolling interests are treated as equity transactions.

Net Income per Share Attributable to HEICO Shareholders

Basic net income per share attributable to HEICO shareholders is computed by dividing net income attributable to HEICO by the weighted average number of common shares outstanding during the period. Diluted net income per share attributable to HEICO shareholders is computed by dividing net income attributable to HEICO by the weighted average number of common shares outstanding during the period plus potentially dilutive common shares arising from the assumed exercise of stock options, if dilutive. The dilutive impact of potentially dilutive common shares is determined by applying the treasury stock method.

As further detailed in “Redeemable Noncontrolling Interests” above, the portion of periodic adjustments to the carrying amount of redeemable noncontrolling interests based solely on a multiple of future earnings that reflect a redemption amount in excess of fair value affect net income attributable to HEICO for purposes of determining net income per share attributable to HEICO shareholders (see Note 13, Net Income per Share Attributable to HEICO Shareholders).

Foreign Currency Translation

All assets and liabilities of foreign subsidiaries that do not utilize the United States dollar as its functional currency are translated at period-end exchange rates, while revenue and expenses are translated using average exchange rates for the period. Unrealized translation gains or losses are reported as foreign currency translation adjustments through other comprehensive income in shareholders’ equity.

Contingencies

Losses for contingencies such as product warranties, litigation and environmental matters are recognized in income when they are probable and can be reasonably estimated. Gain contingencies are not recognized in income until they have been realized.

New Accounting Pronouncements

In January 2010, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2010-06, “Improving Disclosures About Fair Value Measurements,” which requires additional disclosures regarding transfers in and out of Level 1 and Level 2 fair value measurements and more detailed information of activity in Level 3 fair value measurements. The Company adopted ASU 2010-06 as of the beginning of fiscal 2010, except the additional Level 3 disclosures, which were adopted in the first quarter of fiscal 2012. ASU 2010-06 affects financial statement disclosures only and the Company will make the required additional disclosures as applicable.

In May 2011, the FASB issued ASU 2011-04, “Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs,” which amends current fair value measurement and disclosure guidance to converge with International Financial Reporting Standards and provides increased transparency around valuation inputs and investment categorization. ASU 2011-04 also requires new disclosures about qualitative and quantitative information regarding the unobservable inputs used in a fair value measurement that is categorized within Level 3 of the fair value hierarchy. The Company adopted ASU 2011-04 in the second quarter of fiscal 2012, resulting in only expanded fair value disclosures and no impact on the Company's results of operations, financial position or cash flows.

In June 2011, the FASB issued ASU 2011-05, “Presentation of Comprehensive Income,” which requires the presentation of total comprehensive income, the components of net income and the components of other comprehensive income in either a single continuous statement of comprehensive income or in two separate, but consecutive statements. ASU 2011-05 eliminates the option to present other comprehensive income and its components in the statement of shareholders' equity. ASU 2011-05 must be applied retroactively and is effective for fiscal years and interim periods within those years beginning after December 15, 2011, or in the first quarter of fiscal 2013 for HEICO. The Company is currently evaluating which presentation option it will elect, but the adoption of these provisions will have no effect on its results of operations, financial position or cash flows.

In September 2011, the FASB issued ASU 2011-08, “Testing Goodwill for Impairment,” which is intended to reduce the complexity and cost of performing a quantitative test for impairment of goodwill by permitting an entity the option to perform a qualitative evaluation about the likelihood of goodwill impairment in order to determine whether it should calculate the fair value of a reporting unit. The update also improves previous guidance by expanding upon the examples of events and circumstances that an entity should consider between annual impairment tests in determining whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount. ASU 2011-08 is effective for annual and interim goodwill impairment tests performed for fiscal years beginning after December 15, 2011, or in fiscal 2013 for HEICO's annual impairment test. Early adoption is permitted. The adoption of this guidance is not expected to have a material impact on the Company's results of operations, financial position or cash flows.

In July 2012, the FASB issued ASU 2012-02, “Testing Indefinite-Lived Intangible Assets for Impairment,” which is intended to reduce the complexity and cost of performing a quantitative test for impairment of indefinite-lived intangible assets by permitting an entity the option to perform a qualitative evaluation about the likelihood that an indefinite-lived intangible asset is impaired in order to determine whether it should calculate the fair value of the asset. The update also improves previous guidance by expanding upon the examples of events and circumstances that an entity should consider between annual impairment tests in determining whether it is more likely than not that the fair value of an indefinite-lived intangible asset is less than its carrying amount. The Company adopted ASU 2012-02 in the fourth quarter of fiscal 2012. The adoption of this guidance did not impact the Company's results of operations, financial position or cash flows.

- Definition

The entire disclosure for all significant accounting policies of the reporting entity.

+ References+ Details

ACQUISITIONS

12 Months Ended

Oct. 31, 2012

Business Combinations [Abstract]

Business Combination Disclosure [Text Block]

ACQUISITIONS

Switchcraft Acquisition

On November 22, 2011, the Company, through HEICO Electronic, acquired Switchcraft, Inc. (“Switchcraft”) through the purchase of all of the stock of Switchcraft’s parent company, Switchcraft Holdco, Inc., for approximately $142.7 million, net of cash acquired. The purchase price of this acquisition was paid in cash, principally using proceeds from the Company’s revolving credit facility. Switchcraft is a leading designer and manufacturer of high performance, high reliability and harsh environment electronic connectors and other interconnect products. This acquisition is consistent with HEICO’s practice of acquiring outstanding, niche designers and manufacturers of critical components in the aerospace and electronic industries and will further enable the Company to broaden its product offerings, technologies and customer base.

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		$73,405
Identifiable intangible assets	72,500
Inventories	13,086
Property, plant and equipment	10,884
Accounts receivable	6,123
Other assets	1,358
Total assets acquired, excluding cash		$177,356

Liabilities assumed:
Deferred income taxes		$30,244
Accrued expenses	2,252
Accounts payable	1,889
Other liabilities	258
Total liabilities assumed		$34,643
Net assets acquired, excluding cash		$142,713

The primary items that generated the goodwill recognized were the premiums paid by the Company for the future earnings potential of Switchcraft and the value of its assembled workforce that do not qualify for separate recognition. The operating results of Switchcraft were included in the Company’s results of operations from the effective acquisition date. The Company’s consolidated net sales and net income attributable to HEICO for fiscal 2012 includes approximately $54.6 million and $3.6 million, respectively, from the acquisition of Switchcraft.

The following table presents unaudited pro forma financial information for fiscal 2011 as if the acquisition of Switchcraft had occurred as of November 1, 2010 (in thousands).



	Year ended
	October 31, 2011
Net sales		$824,767
Net income from consolidated operations		$100,842
Net income attributable to HEICO		$78,209
Net income per share attributable to HEICO shareholders:
Basic		$1.50
Diluted		$1.47

The pro forma financial information is presented for comparative purposes only and is not necessarily indicative of the results of operations that actually would have been achieved if the acquisition had taken place as of November 1, 2010. The unaudited pro forma financial information includes adjustments to historical amounts such as additional amortization expense related to intangible assets acquired, increased interest expense associated with borrowings to finance the acquisition and inventory purchase accounting adjustments charged to cost of sales as the inventory is sold. Had the acquisition been consummated as of November 1, 2010, net sales, net income from consolidated operations, net income attributable to HEICO, and basic and diluted net income per share attributable to HEICO shareholders on a pro forma basis for fiscal 2012 would not have been materially different than the reported amounts.

Other Acquisitions

In February 2010, the Company, through HEICO Electronic, acquired substantially all of the assets and assumed certain liabilities of dB Control Corp. dB Control Corp. produces high-power devices used in both defense and commercial applications.

In December 2010, the Company, through HEICO Aerospace, acquired 80.1% of the assets and assumed certain liabilities of Blue Aerospace LLC ("Blue Aerospace"). Blue Aerospace is a supplier, distributor, and integrator of military aircraft parts and support services primarily to foreign military organizations allied with the United States. The remaining 19.9% interest continues to be owned by certain members of Blue Aerospace’s management team.

In September 2011, the Company, through HEICO Electronic, acquired all of the outstanding capital stock of 3D Plus SA (“3D Plus”). 3D Plus is a leading designer and manufacturer of three-dimensional microelectronic and stacked memory products used predominately in satellites and also utilized in medical equipment.

In March 2012, the Company, through HEICO Electronic, acquired the business and substantially all of the assets of Ramona Research, Inc. (“Ramona Research”). Ramona Research designs and manufactures RF and microwave amplifiers, transmitters and receivers primarily used to support military communications on unmanned aerial systems, other aircraft, helicopters and ground-based data/communications systems. The total consideration includes an accrual of approximately $10.8 million as of the acquisition date representing the fair value of contingent consideration in aggregate that the Company may be obligated to pay should Ramona Research meet certain earnings objectives during each of the first five years following the acquisition. The maximum amount of contingent consideration that the Company could be required to pay is $14.6 million in aggregate. See Note 7, Fair Value Measurements, for additional information regarding the Company's contingent consideration obligation.

In April 2012, the Company, through a subsidiary of HEICO Electronic, acquired certain aerospace assets of Moritz Aerospace, Inc. (“Moritz Aerospace”) in an aerospace product line acquisition. The Moritz Aerospace product line designs and manufactures next generation wireless cabin control systems, solid state power distribution and management systems and fuel level sensing systems for business jets and for general aviation, as well as for the military/defense market segments. The purchase price of this acquisition was paid using cash provided by operating activities.

In August 2012, the Company, through HEICO Flight Support Corp., acquired 84% of the assets and assumed certain liabilities of CSI Aerospace, Inc. (“CSI Aerospace”). CSI Aerospace is a leading repair and overhaul provider of specialized components for airlines, military and other aerospace related organizations. The remaining 16% interest continues to be owned by certain members of CSI Aerospace's management team.

In October 2012, the Company, through HEICO Flight Support Corp., acquired 80.1% of the assets and assumed certain liabilities of Action Research Corporation (“Action Research”). Action Research is an FAA-Approved Repair Station that has developed unique proprietary repairs that extend the lives of certain engine and airframe components. The remaining 19.9% interest continues to be owned by an existing member of Action Research's management team. The purchase price of this acquisition was paid using cash provided by operating activities.

Unless otherwise noted, the purchase price of each of the above referenced other acquisitions was paid in cash principally using proceeds from our revolving credit facility and is not material or significant to the Company's consolidated financial statements.

As further discussed in Note 15, Operating Segments, the Company has two operating segments: the Flight Support Group (“FSG”), consisting of HEICO Aerospace and HEICO Flight Support Corp. and their collective subsidiaries; and the Electronic Technologies Group (“ETG”), consisting of HEICO Electronic and its subsidiaries.

The following table summarizes the allocation of the aggregate purchase price of the other acquisitions to the estimated fair values of the tangible and identifiable intangible assets acquired and liabilities and noncontrolling interests assumed (in thousands).



	Year ended October 31,
	2012		2011		2010
Assets Acquired:
Identifiable intangible assets		$21,831		$40,187		$15,400
Goodwill	18,607		49,575		12,972
Inventories	4,587		16,847		3,184
Accounts receivable	4,393		9,072		6,685
Property, plant and equipment	1,353		10,206		573
Other assets	171		1,639		24
Total assets acquired, excluding cash		$50,942		$127,526		$38,838

Liabilities assumed:
Accrued purchase consideration		$11,984		$5,738		$910
Accrued expenses	645		7,634		1,553
Accounts payable	445		7,555		1,489
Deferred income taxes	—		7,423		—
Other liabilities	—		5,184		—
Total liabilities assumed		$13,074		$33,534		$3,952

Noncontrolling interests in consolidated subsidiaries		$3,918		$5,921		$—

Acquisitions, net of cash acquired		$33,950		$88,071		$34,886

The purchase price allocation of the Company's other fiscal 2012 acquisitions to the tangible and identifiable intangible assets acquired and liabilities and noncontrolling interests assumed is preliminary until the Company obtains final information regarding their fair values. However, the Company does not expect any adjustments to such allocation to be material to the Company's consolidated financial statements. During fiscal 2012, the Company recorded certain immaterial measurement period adjustments to the purchase price allocation of its other fiscal 2011 acquisitions which are reflected in the table above. The primary items that generated the goodwill recognized were the premiums paid by the Company for the future earnings potential of the businesses acquired and the value of their assembled workforces that do not qualify for separate recognition, which, in the case of Blue Aerospace, CSI Aerospace and Action Research, benefit both the Company and the noncontrolling interest holders. Based on the factors comprising the goodwill recognized and consideration of an insignificant control premium, the fair value of the noncontrolling interest in Blue Aerospace and Action Research was determined based on the consideration of the purchase price paid by the Company for its controlling ownership interest. The fair value of the noncontrolling interest in CSI Aerospace was determined based on the consideration of the purchase price paid by the Company for its controlling ownership interest adjusted for a lack of control that a market participant would consider when estimating the fair value of the noncontrolling interest.

The operating results of the Company’s fiscal 2012 acquisitions were included in the Company’s results of operations from the effective acquisition dates. The amount of net sales and earnings of the fiscal 2012 acquisitions excluding Switchcraft included in the Consolidated Statements of Operations is not material. Had the fiscal 2012 acquisitions excluding Switchcraft been consummated as of the beginning of fiscal 2011, net sales, net income from consolidated operations, net income attributable to HEICO, and basic and diluted net income per share attributable to HEICO shareholders on a pro forma basis for fiscal 2012 and 2011 would not have been materially different than the reported amounts.

Additional Purchase Consideration

As part of the purchase agreements associated with certain acquisitions consummated prior to fiscal 2010, the Company was obligated to pay additional purchase consideration based on the acquired subsidiary meeting certain earnings objectives following the acquisition. For such acquisitions, the Company accrued an estimate of additional purchase consideration when the earnings objectives were met. During fiscal 2012, the Company, through HEICO Electronic, paid $15.1 million of such additional purchase consideration of which $4.8 million was accrued as of October 31, 2011. During fiscal 2011, the Company, through HEICO Electronic, paid $6.6 million of such additional purchase consideration of which $4.1 million was accrued as of October 31, 2010. During fiscal 2010, the Company, through HEICO Electronic, paid $4.2 million of such additional purchase consideration of which $1.8 million was accrued as of October 31, 2009. The amounts paid in fiscal 2012, 2011 and 2010 were based on a multiple of each applicable subsidiary's earnings relative to target and were not contingent upon the former shareholders of the respective acquired entity remaining employed by the Company or providing future services to the Company. Accordingly, these amounts represent an additional cost of the respective entity recorded as additional goodwill. As of October 31, 2012, the Company has no remaining obligation to pay additional purchase consideration for acquisitions consummated prior to fiscal 2010.

Pursuant to the terms of the Stock Purchase Agreement (“SPA”) related to the acquisition of 3D Plus, the Company paid $5.5 million of additional purchase consideration in fiscal 2012 representing the difference between 3D Plus' actual working capital as of the acquisition date and the amount estimated per the SPA.

Pursuant to the terms of the purchase agreements related to certain fiscal 2012 acquisitions, the Company is obligated to pay additional purchase consideration representing the difference between the actual net assets of the acquired entity as of the acquisition date and the amount estimated in the purchase agreement. The aggregate amount of such additional purchase consideration accrued as of October 31, 2012 is $1.2 million, which is included in accrued expenses and other current liabilities in the Company's Consolidated Balance Sheet and expected to be paid during fiscal 2013.

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 141R

-Paragraph F4

-Subparagraph e

-Appendix F

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 141

-Paragraph 51, 52

-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 Accounting Standards Codification

-Topic 805

-SubTopic 10

-Section 50

-Paragraph 7

-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1524-128463

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 805

-SubTopic 20

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4934-128472

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 141R

-Paragraph 67-73

-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 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 805

-SubTopic 30

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e6996-128479

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 805

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1383-128463

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 805

-SubTopic 30

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e7000-128479

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 805

-SubTopic 20

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4926-128472

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 805

-SubTopic 20

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4922-128472

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 88-16

-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 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 805

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1392-128463

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 805

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1486-128463

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 805

-SubTopic 10

-Section 50

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1497-128463

Reference 15: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 805

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1490-128463

Reference 16: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 805

-SubTopic 30

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e7008-128479

Reference 17: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 805

-SubTopic 30

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e6927-128479

Reference 18: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 805

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4845-128472

Reference 19: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 805

-SubTopic 10

-Section 50

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1500-128463

+ Details

SELECTED FINANCIAL STATEMENT INFORMATION

12 Months Ended

Oct. 31, 2012

Selected Financial Statement Information [Abstract]

Selected Financial Statement Information [Text Block]

SELECTED FINANCIAL STATEMENT INFORMATION

Accounts Receivable



	As of October 31,
(in thousands)	2012			2011
Accounts receivable		$124,548			$109,081
Less: Allowance for doubtful accounts	(2,334		)	(2,667		)
Accounts receivable, net		$122,214			$106,414

Costs and Estimated Earnings on Uncompleted Percentage-of-Completion Contracts



	As of October 31,
(in thousands)	2012			2011
Costs incurred on uncompleted contracts		$6,673			$4,443
Estimated earnings	6,235			4,206
	12,908			8,649
Less: Billings to date	(7,426		)	(4,876		)
Included in the accompanying Consolidated Balance Sheets under the caption "Accounts receivable, net" (costs and estimated earnings in excess of billings)		$5,482			$3,773

The percentage of the Company’s net sales recognized under the percentage-of-completion method was not material in fiscal 2012, 2011 or 2010. Changes in estimates pertaining to percentage-of-completion contracts did not have a material effect on net income from consolidated operations in fiscal 2012, 2011 or 2010.

Inventories



	As of October 31,
(in thousands)	2012			2011
Finished products		$93,873			$86,487
Work in process	18,887			19,708
Materials, parts, assemblies and supplies	69,042			52,173
Contracts in process	8,299			8,291
Less: Billings to date	(397		)	(1,692		)
Inventories, net of valuation reserves		$189,704			$164,967

Contracts in process represents accumulated capitalized costs associated with fixed price contracts for which revenue is recognized on the completed-contract method. Related progress billings and customer advances (“billings to date”) are classified as a reduction to contracts in process, if any, and any excess is included in accrued expenses and other liabilities.

Property, Plant and Equipment



	As of October 31,
(in thousands)	2012			2011
Land		$4,505			$3,825
Buildings and improvements	54,322			46,892
Machinery, equipment and tooling	109,041			94,297
Construction in progress	5,599			3,671
	173,467			148,685
Less: Accumulated depreciation and amortization	(92,949		)	(81,611		)
Property, plant and equipment, net		$80,518			$67,074

The amounts set forth above include tooling costs having a net book value of $6.0 million and $3.9 million as of October 31, 2012 and 2011, respectively. Amortization expense on capitalized tooling was $2.1 million, $2.1 million and $1.9 million for fiscal 2012, 2011 and 2010, respectively.

The amounts set forth above also include $5.2 million and $4.3 million of assets under capital leases as of October 31, 2012 and October 31, 2011, respectively. Accumulated depreciation associated with the assets under capital leases was $.6 million and less than $.1 million as of October 31, 2012 and October 31, 2011, respectively. See Note 5, Long-Term Debt, for additional information pertaining to these capital lease obligations.

Depreciation and amortization expense, exclusive of tooling, on property, plant and equipment was $11.6 million, $8.6 million and $8.7 million for fiscal 2012, 2011 and 2010, respectively.

Accrued Expenses and Other Current Liabilities



	As of October 31,
(in thousands)	2012		2011
Accrued employee compensation and related payroll taxes		$41,307		$39,330
Accrued customer rebates and credits	10,833		9,595
Accrued additional purchase consideration	2,917		11,016
Deferred revenue	6,442		3,195
Other	14,742		13,240
Accrued expenses and other current liabilities		$76,241		$76,376

The total customer rebates and credits deducted within net sales for the fiscal years ended October 31, 2012, 2011 and 2010 was $2.8 million, $8.7 million and $8.9 million, respectively.

The decrease in customer rebates and credits principally reflects a reduction in the net sales volume of certain customers eligible for rebates as well as a reduction in associated rebate percentages.

Other Long-Term Assets and Liabilities

The Company provides eligible employees, officers and directors of the Company the opportunity to voluntarily defer base salary, bonus payments, commissions, long-term incentive awards and directors fees, as applicable, on a pre-tax basis through the HEICO Corporation Leadership Compensation Plan (“LCP”), a nonqualified deferred compensation plan that conforms to Section 409A of the Internal Revenue Code. The Company matches 50% of the first 6% of base salary deferred by each participant. Director fees that would otherwise be payable in Company common stock may be deferred into the Plan, and, when distributable, are distributed in actual shares of Company common stock. The Plan does not provide for diversification of a director’s assets allocated to Company common stock. The deferred compensation obligation associated with Company common stock is recorded as a component of shareholders’ equity at cost and subsequent changes in fair value are not reflected in operations or shareholders’ equity of the Company. Further, while the Company has no obligation to do so, the LCP also provides the Company the opportunity to make discretionary contributions. The Company’s matching contributions and any discretionary contributions are subject to vesting and forfeiture provisions set forth in the LCP. Company contributions to the Plan charged to income in fiscal 2012, 2011 and 2010 totaled $3.8 million, $3.6 million and $2.9 million, respectively. The aggregate liabilities of the LCP were $36.5 million and $26.7 million as of October 31, 2012 and 2011, respectively, and are classified within other long-term liabilities in the Company’s Consolidated Balance Sheets. The assets of the LCP, totaling $37.1 million and $27.0 million as of October 31, 2012 and 2011, respectively, are classified within other assets and principally represent cash surrender values of life insurance policies that are held within an irrevocable trust that may be used to satisfy the obligations under the LCP.

Other long-term liabilities also includes deferred compensation of $4.2 million and $4.1 million as of October 31, 2012 and 2011, respectively, principally related to elective deferrals of salary and bonuses under a Company sponsored non-qualified deferred compensation plan available to selected employees. The Company makes no contributions to this plan. The assets of this plan, which equaled the deferred compensation liability as of October 31, 2012 and 2011, respectively, are held within an irrevocable trust and classified within other assets in the Company’s Consolidated Balance Sheets. Additional information regarding the assets of this deferred compensation plan and the LCP may be found in Note 7, Fair Value Measurements.

GOODWILL AND OTHER INTANGIBLE ASSETS

12 Months Ended

Oct. 31, 2012

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets Disclosure [Text Block]

GOODWILL AND OTHER INTANGIBLE ASSETS

The Company has two operating segments: the Flight Support Group (“FSG”) and the Electronic Technologies Group (“ETG”). Changes in the carrying amount of goodwill during fiscal 2012 and 2011 by operating segment are as follows (in thousands):



	Segment					Consolidated
	FSG		ETG			Totals
Balances as of October 31, 2010		$188,459		$196,557			$385,016
Goodwill acquired	3,898		45,070			48,968
Accrued additional purchase consideration	—		4,849			4,849
Adjustments to goodwill	—		2,480			2,480
Foreign currency translation adjustments	—		2,089			2,089
Balances as of October 31, 2011	192,357		251,045			443,402
Goodwill acquired	10,873		81,139			92,012
Adjustments to goodwill	309		10,513			10,822
Foreign currency translation adjustments	—		(4,122		)	(4,122		)
Balances as of October 31, 2012		$203,539		$338,575			$542,114

The goodwill acquired during fiscal 2012 and 2011 relates to the acquisitions consummated in those respective years as described in Note 2, Acquisitions. Goodwill acquired represents the residual value after the allocation of the total consideration to the tangible and identifiable intangible assets acquired and liabilities assumed. The adjustments to goodwill during fiscal 2012 principally represent additional purchase consideration paid relating to a prior year acquisition for which the earnings objectives were met in fiscal 2012 as well as immaterial measurement period adjustments to the purchase price allocations of the fiscal 2011 acquisitions. The adjustments to goodwill during fiscal 2011 principally represent additional purchase consideration paid relating to a prior year acquisition for which the earnings objectives were met in fiscal 2011 and an adjustment to the additional purchase consideration accrued as of the end of fiscal 2010 relating to a different prior year acquisition. The accrued additional purchase consideration recognized in fiscal 2011 is the result of a subsidiary meeting certain earnings objectives that year. See Note 2, Acquisitions, for additional information regarding additional contingent purchase consideration. The foreign currency translation adjustments reflect unrealized translation gains on the goodwill recognized in connection with foreign subsidiaries. Foreign currency translation adjustments are included in other comprehensive income in the Company’s Consolidated Statements of Shareholders’ Equity and Comprehensive Income. The Company estimates that approximately $21 million and $57 million of the goodwill recognized in fiscal 2012 and 2011, respectively, will be deductible for income tax purposes. Based on the annual test for goodwill impairment as of October 31, 2012, the Company determined there is no impairment of its goodwill and the fair value of each of the Company’s reporting units significantly exceeded their carrying value.

Identifiable intangible assets consist of (in thousands):



	As of October 31, 2012							As of October 31, 2011
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Amortizing Assets:
Customer relationships		$102,172		($24,038	)		$78,134		$51,934		($18,085	)		$33,849
Intellectual property	43,093		(5,738		)	37,355		18,493		(2,236		)	16,257
Licenses	2,900		(1,117		)	1,783		2,900		(854		)	2,046
Non-compete agreements	1,339		(1,320		)	19		1,364		(1,203		)	161
Patents	589		(309		)	280		576		(313		)	263
Trade names	566		(336		)	230		569		(224		)	345
	150,659		(32,858		)	117,801		75,836		(22,915		)	52,921
Non-Amortizing Assets:
Trade names	36,523		—			36,523		25,236		—			25,236
		$187,182		($32,858	)		$154,324		$101,072		($22,915	)		$78,157

The increase in the gross carrying amount of customer relationships, intellectual property, and non-amortizing trade names as of October 31, 2012 compared to October 31, 2011 principally relates to such intangible assets recognized in connection with acquisitions made during fiscal 2012 (see Note 2, Acquisitions). The weighted average amortization period of the customer relationships and intellectual property acquired during fiscal 2012 is 9 years and 11 years, respectively.

Amortization expense of other intangible assets was $16.2 million, $7.6 million and $6.8 million for the fiscal years ended October 31, 2012, 2011 and 2010, respectively. Amortization expense for each of the next five fiscal years and thereafter is estimated to be $17.7 million in fiscal 2013, $17.0 million in fiscal 2014, $15.4 million in fiscal 2015, $14.0 million in fiscal 2016, $13.3 million in fiscal 2017 and $40.4 million thereafter.

During fiscal 2011, the Company recognized impairment losses of approximately $4.3 million, $.5 million and $.2 million from the write-down of certain customer relationships, intellectual property and trade names, respectively. During fiscal 2010, the Company recognized impairment losses of approximately $1.1 million and $.3 million from the write-down of certain customer relationships and trade names, respectively. The impairment losses recognized in both fiscal years were within the ETG and due to reductions in the future cash flows associated with such intangible assets. The impairment losses pertaining to customer relationships and trade names were recorded as a component of selling, general and administrative expenses in the Company’s Consolidated Statements of Operations and the impairment losses pertaining to intellectual property were recorded as a component of cost of goods sold.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References+ Details

LONG-TERM DEBT

12 Months Ended

Oct. 31, 2012

Debt Disclosure [Abstract]

Long-term Debt [Text Block]

LONG-TERM DEBT

Long-term debt consists of the following (in thousands):



	As of October 31,
	2012			2011
Borrowings under revolving credit facility		$127,000			$36,000
Capital leases and notes payable	4,820			4,158
	131,820			40,158
Less: Current maturities of long-term debt	(626		)	(335		)
		$131,194			$39,823

As of October 31, 2012, the aggregate amount of long-term debt, excluding capital leases, that will mature within the next five years is less than $.1 million in fiscal 2013, $.1 million in fiscal 2014, $.1 million in fiscal 2015, $.2 million in fiscal 2016 and $127.2 million in fiscal 2017.

Capital Lease Obligations

In connection with the acquisition of 3D Plus, the Company assumed a capital lease for a manufacturing facility and related property in France. The lease contains a bargain purchase option and has a twelve-year term, which began in February 2011. Additionally, the acquisition of 3D Plus resulted in the Company assuming various capital leases for manufacturing equipment. The manufacturing equipment leases have terms ranging from approximately three to five years. The estimated future minimum lease payments of all capital leases for the next five fiscal years and thereafter are as follows (in thousands):



Year ending October 31,
2013		$793
2014	689
2015	553
2016	507
2017	422
Thereafter	2,136
Total minimum lease payments	5,100
Less: amount representing interest	(863		)
Present value of minimum lease payments		$4,237

Revolving Credit Facility

In December 2011, the Company entered into a $670 million Revolving Credit Agreement (“New Credit Facility”) with a bank syndicate. In December 2012, the Company extended the maturity date of the New Credit Facility by one year to December 2017. Under certain circumstances, the maturity of the New Credit Facility may be further extended for an additional one-year period. The New Credit Facility also includes a feature that will allow the Company to increase the New Credit Facility by $130 million, at its option, to become an $800 million facility through increased commitments from existing lenders or the addition of new lenders. The New Credit Facility may be used for working capital and general corporate needs of the Company, including capital expenditures and to finance acquisitions. The New Credit Facility replaced the $300 million Second Amended and Restated Revolving Credit Facility Agreement.

Advances under the New Credit Facility accrue interest at the Company’s choice of the “Base Rate” or the London Interbank Offered Rate (“LIBOR”) plus applicable margins (based on the Company’s ratio of total funded debt to earnings before interest, taxes, depreciation and amortization, noncontrolling interests and non-cash charges, or “leverage ratio”). The Base Rate is the highest of (i) the Prime Rate; (ii) the Federal Funds rate plus .50% per annum; and (iii) the Adjusted LIBO Rate determined on a daily basis for an Interest Period of one month plus 1.00% per annum, as such capitalized terms are defined in the New Credit Facility. The applicable margins for LIBOR-based borrowings range from .75% to 2.25%. The applicable margins for Base Rate borrowings range from 0% to 1.25%. A fee is charged on the amount of the unused commitment ranging from .125% to .35% (depending on the Company’s leverage ratio). The New Credit Facility also includes a $50 million sublimit for borrowings made in foreign currencies, letters of credit and swingline borrowings. Outstanding principal, accrued and unpaid interest and other amounts payable under the New Credit Facility may be accelerated upon an event of default, as such events are described in the New Credit Facility. The New Credit Facility is unsecured and contains covenants that restrict the amount of certain payments, including dividends, and require, among other things, the maintenance of a total leverage ratio, a senior leverage ratio and a fixed charge coverage ratio. In the event the Company’s leverage ratio exceeds a specified level, the New Credit Facility would become secured by the capital stock owned in substantially all of the Company’s subsidiaries.

As of October 31, 2012 and 2011, the weighted average interest rate on borrowings under the Company’s revolving credit facility was 1.2% and .9%, respectively. The revolving credit facility contains both financial and non-financial covenants. As of October 31, 2012, the Company was in compliance with all such covenants.

On December 11, 2012, the Company entered into an amendment to extend the maturity date of its revolving credit facility by one year to December 2017. The Company also amended certain covenants contained within the revolving credit facility agreement to accommodate payment of a one-time special and extraordinary cash dividend to be paid on or before December 31, 2012 (see Note 18, Subsequent Event, for additional information).

INCOME TAXES

12 Months Ended

Oct. 31, 2012

Income Tax Disclosure [Abstract]

Income Tax Disclosure [Text Block]

INCOME TAXES

The components of the provision for income taxes on income before income taxes and noncontrolling interests are as follows (in thousands):



	Year ended October 31,
	2012			2011		2010
Current:
Federal		$48,461			$38,002		$29,180
State	7,516			4,008		4,659
Foreign	1,357			861		1,044
	57,334			42,871		34,883
Deferred	(2,834		)	29		1,817
Total income tax expense		$54,500			$42,900		$36,700

A reconciliation of the federal statutory income tax rate to the Company’s effective tax rate is as follows:



	Year ended October 31,
	2012		2011		2010
Federal statutory income tax rate	35.0	%	35.0	%	35.0	%
State taxes, less applicable federal income tax reduction	3.1		1.8		3.2
Net tax benefit on noncontrolling interests’ share of income	(1.7	)	(2.5	)	(2.6	)
Net tax benefit on qualified research and development activities	(1.7	)	(2.7	)	(1.0	)
Net tax benefit on qualified domestic production activities	(1.3	)	(1.0	)	(.8	)
Other, net	.4		.4		(.1	)
Effective tax rate	33.8	%	31.0	%	33.7	%

Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. The Company believes that it is more likely than not that it will generate sufficient future taxable income to utilize all of its deferred tax assets and has therefore not recorded a valuation allowance on any such asset. Significant components of the Company’s deferred tax assets and liabilities are as follows (in thousands):



	As of October 31,
	2012			2011
Deferred tax assets:
Inventories		$18,536			$15,581
Deferred compensation liability	15,805			11,708
Foreign R&D carryforward and credit	3,432			3,277
Stock option compensation	3,151			1,947
Bonus accrual	2,671			2,373
Customer rebates accrual	2,029			616
Capital lease obligations	1,412			1,354
Vacation accrual	1,288			877
Warranty reserve	871			793
Allowance for doubtful accounts receivable	778			973
Other	2,119			2,986
Total deferred tax assets	52,092			42,485

Deferred tax liabilities:
Goodwill and other intangible assets	(102,829		)	(68,601		)
Property, plant and equipment	(8,950		)	(7,069		)
Other	(712		)	(1,054		)
Total deferred tax liabilities	(112,491		)	(76,724		)
Net deferred tax liability		($60,399	)		($34,239	)

The net deferred tax liability is classified in the Company’s Consolidated Balance Sheets as follows (in thousands):



	As of October 31,
	2012			2011
Current asset		$27,545			$22,286
Long-term asset	2,492			2,374
Long-term liability	(90,436		)	(58,899		)
Net deferred tax liability		($60,399	)		($34,239	)

The increase in the Company’s net deferred tax liability from $34.2 million as of October 31, 2011 to $60.4 million as of October 31, 2012 is principally related to the net deferred tax liabilities recognized in connection with the acquisition of Switchcraft (see Note 2, Acquisitions).

As of October 31, 2012 and 2011, the Company’s liability for gross unrecognized tax benefits related to uncertain tax positions was $2.5 million and $1.8 million, respectively, of which $1.7 million and $1.5 million, respectively, would decrease the Company’s income tax expense and effective income tax rate if the tax benefits were recognized. A reconciliation of the activity related to the liability for gross unrecognized tax benefits during the fiscal years ended October 31, 2012 and 2011 is as follows (in thousands):



	Year ended October 31,
	2012			2011
Balances as of beginning of year		$1,834			$2,306
Increases related to prior year tax positions	1,281			50
Decreases related to prior year tax positions	(240		)	(482		)
Increases related to current year tax positions	299			393
Settlements	(52		)	(56		)
Lapse of statutes of limitations	(595		)	(377		)
Balances as of end of year		$2,527			$1,834

The Company’s net liability for unrecognized tax benefits was $2.3 million as of October 31, 2012, including $.4 million of interest and $.3 million of penalties and net of $1.0 million in deferred tax assets. During the fiscal year ended October 31, 2012, the Company accrued interest of $.2 million and penalties of $.2 million related to the unrecognized tax benefits noted above. The increases related to prior year tax positions recognized in fiscal 2012 pertain to state income tax positions regarding nexus and state apportionment.

During the third quarter of fiscal 2012, the Company filed its fiscal 2011 U.S. federal and state tax returns and recognized an aggregate benefit, which increased net income attributable to HEICO by $.9 million, from higher fiscal 2011 research and development tax credits. The higher research and development tax credits reflect the finalization of a study of qualifying fiscal 2011 research and development activities and a reduction in the liability for gross unrecognized research and development related tax positions due to a lapse of the statute of limitations.

During the third quarter of fiscal 2011, the Company filed its fiscal 2010 U.S. federal and state tax returns and amended certain prior year state tax returns and recognized an aggregate benefit, which increased net income attributable to HEICO by $2.0 million, principally from state income apportionment updates ($.9 million) and higher research and development tax credits ($.9 million).

The Company's effective tax rate increased to 33.8% for fiscal 2012 from 31.0% for fiscal 2011. The change in the effective tax rate is partially attributed to the retroactive extension of Section 41 of the Internal Revenue Code, “Credit for Increasing Research Activities,” to cover the period from January 1, 2010 to December 31, 2011, which resulted in the recognition of an income tax credit for qualified research and development activities for the last ten months of fiscal 2010 in the first quarter of fiscal 2011 and reduced the recognition of such income tax credit to just the first two months of qualifying research and development activities in fiscal 2012. In addition, the Company purchased certain noncontrolling interests during fiscal 2011 and 2012 that contributed to the comparative increase in the effective tax rate for fiscal 2012. Further, the increase also reflects a higher effective state income tax rate principally because the prior year includes the aforementioned benefit from state income apportionment updates recognized upon the filing of the Company's fiscal 2010 state tax returns and the amendment of certain prior year state tax returns in the third quarter of fiscal 2011 and the current year includes the effect of a fiscal 2012 acquisition and changes in certain state tax laws which impacted state apportionment factors.

The Company files income tax returns in the United States (“U.S.”) federal jurisdiction and in multiple state jurisdictions. The Company is also subject to income taxes in certain jurisdictions outside the U.S., none of which are individually material to the accompanying consolidated financial statements. Generally, the Company is no longer subject to U.S. federal or state examinations by tax authorities for fiscal years prior to 2009.

The total amount of unrecognized tax benefits can change due to audit settlements, tax examination activities, lapse of applicable statutes of limitations and the recognition and measurement criteria under the guidance related to accounting for uncertainty in income taxes. The Company is unable to estimate what this change could be within the next twelve months, but does not believe it would be material to its consolidated financial statements.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 15

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(h))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Paragraph h

-Article 4

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 9

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 109

-Paragraph 136, 172

-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 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 109

-Paragraph 43, 44, 45, 46, 47, 48, 49

-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

FAIR VALUE MEASUREMENTS

12 Months Ended

Oct. 31, 2012

Fair Value Disclosures [Abstract]

Fair Value Disclosures [Text Block]

FAIR VALUE MEASUREMENTS

The following tables set forth by level within the fair value hierarchy, the Company’s assets and liabilities that were measured at fair value on a recurring basis (in thousands):



	As of October 31, 2012
	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total
Assets:
Deferred compensation plans:
Corporate owned life insurance		$—		$37,086		$—		$37,086
Mutual funds	1,154		—		—		1,154
Money market funds and cash	1,122		—		—		1,122
Equity securities	991		—		—		991
Other	—		442		538		980
Total assets		$3,267		$37,528		$538		$41,333

Liabilities:
Contingent Consideration		$—		$—		$10,897		$10,897



	As of October 31, 2011
	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total
Assets:
Deferred compensation plans:
Corporate owned life insurance		$—		$26,989		$—		$26,989
Mutual funds	1,004		—		—		1,004
Money market funds and cash	920		—		—		920
Equity securities	1,150		—		—		1,150
Other	—		451		573		1,024
Total assets		$3,074		$27,440		$573		$31,087

Liabilities		$—		$—		$—		$—

The Company maintains two non-qualified deferred compensation plans. The assets of the HEICO Corporation Leadership Compensation Plan (the “LCP”) principally represent cash surrender values of life insurance policies, which derive their fair values from investments in mutual funds that are managed by an insurance company and are classified within Level 2 and are valued using a market approach. Certain other assets of the LCP represent investments in money market funds that are classified within Level 1. The majority of the assets of the Company’s other deferred compensation plan are principally invested in equity securities, mutual funds and money market funds that are classified within Level 1. A portion of the assets within the other deferred compensation plan is currently invested in a fund that invests in future and forward contracts; most of which are privately negotiated with counterparties without going through a public exchange, and that use trading methods that are proprietary and confidential. These assets are therefore classified within Level 3 and are valued using a market approach with corresponding gains and losses reported within other income in the Company’s Consolidated Statement of Operations. The assets of both plans are held within irrevocable trusts and classified within other assets in the Company’s Consolidated Balance Sheets. The related liabilities of the two deferred compensation plans are included within other long-term liabilities in the Company’s Consolidated Balance Sheets and have an aggregate value of $40.8 million as of October 31, 2012 and $30.8 million as of October 31, 2011.

As part of the agreement to acquire a subsidiary by the ETG in March 2012, the Company may be obligated to pay contingent consideration of up to $14.6 million in aggregate should the acquired entity meet certain earnings objectives during each of the first five years following the acquisition. The $10.8 million estimated fair value of the contingent consideration as of the acquisition date is classified within Level 3 and was determined using a probability-based scenario analysis approach. Under this method, a set of discrete potential future subsidiary earnings was determined using internal estimates based on various revenue growth rate assumptions for each scenario that ranged from a compound annual growth rate of (8%) to 20%. A probability of likelihood was assigned to each discrete potential future earnings estimate and the resultant contingent consideration was calculated. The resulting probability-weighted contingent consideration amounts were discounted using a weighted average discount rate of 3.5% reflecting the credit risk of a market participant. Significant changes to either the revenue growth rates, related earnings or the discount rate could result in a material change to the amount of contingent consideration accrued and such changes will be recorded in the Company’s consolidated statements of operations. Changes in the fair value of this contingent consideration were not material during the period ended October 31, 2012. As of October 31, 2012, the estimated amount of such contingent consideration to be paid within the next twelve months of $1.7 million is included in accrued expenses and other current liabilities and the remaining $9.2 million is included in other long-term liabilities in the Company’s Consolidated Balance Sheet.

Changes in the Company’s assets and liabilities measured at fair value on a recurring basis using unobservable inputs (Level 3) for the fiscal years ended October 31, 2012 and 2011 are as follows (in thousands):



	Assets			Liabilities
Balances as of October 31, 2010		$—			$1,150
Reduction in value of contingent consideration	—			(1,150		)
Purchases	550			—
Total unrealized gains	23			—
Balances as of October 31, 2011	573			—
Contingent consideration related to acquisition	—			10,778
Increase in value of contingent consideration	—			119
Total unrealized losses	(35		)	—
Balances as of October 31, 2012		$538			$10,897

The Company did not have any transfers between Level 1 and Level 2 fair value measurements during fiscal 2012.

As part of the agreement to acquire a subsidiary by the ETG in fiscal 2010, the Company may have been obligated to pay contingent consideration of up to $2.0 million in fiscal 2013 should the acquired entity meet certain earnings objectives during the second and third years following the acquisition. As of the acquisition date, the Company recorded $1.2 million as the fair value of the contingent consideration, which was determined using a discounted cash flow model and probability adjusted internal estimates of the subsidiary’s future earnings and was classified in Level 3. Based on the Company’s estimate that this contingent consideration had a fair value of $0 as of October 31, 2011, the $1.2 million accrued additional purchase consideration was reversed with a corresponding reduction recorded to selling, general and administrative expenses within the Company’s Consolidated Statements of Operations. The Company continues to estimate that this contingent consideration has a fair value of $0 as of October 31, 2012. The fair value reduction was primarily attributed to a lower forecast of the subsidiary’s earnings during the second and third years following the acquisition relative to such projections as of the time of acquisition.

The carrying amounts of the Company’s cash and cash equivalents, accounts receivable, trade accounts payable and accrued expenses and other current liabilities approximate fair value as of October 31, 2012 due to the relatively short maturity of the respective instruments. The carrying value of long-term debt approximates fair value due to its variable interest rates.

During fiscal 2011 certain intangible assets within the ETG were measured at fair value on a nonrecurring basis, resulting in the recognition of impairment losses aggregating $5.0 million (see Note 4, Goodwill and Other Intangible Assets). The fair value of each asset was determined using a discounted cash flow model and internal estimates of each asset’s future cash flows.

The following table sets forth as of October 31, 2011 the fair values of the Company’s nonfinancial assets and liabilities that were measured at fair value on a nonrecurring basis, all of which are classified in Level 3, and related impairment losses recognized during fiscal 2011 (in thousands):



	2011
	Carrying Amount		Impairment Loss			Fair Value (Level 3)
Assets:
Customer relationships		$7,848		($4,351	)		$3,497
Intellectual property	2,369		(459		)	1,910
Trade names	3,400		(177		)	3,223
Total				($4,987	)

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 3, 10, 14, 15

-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 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 15C, 15D

-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 157

-Paragraph 32, 33, 34

-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 Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 21

-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13537-108611

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 133

-Paragraph 44A, 44B

-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 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 10

-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13433-108611

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 28

-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14064-108612

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 30

-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 16

-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13504-108611

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 15B

-Subparagraph a, b

-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 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 159

-Paragraph 17-22, 27, 28

-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 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 15A

-Subparagraph a-d

-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

SHAREHOLDERS' EQUITY	12 Months Ended
SHAREHOLDERS' EQUITY	Oct. 31, 2012
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	SHAREHOLDERS’ EQUITY Preferred Stock Purchase Rights Plan The Company’s Board of Directors adopted, as of November 2, 2003, a Shareholder Rights Agreement (the “2003 Plan”). Pursuant to the 2003 Plan, the Board declared a dividend of one preferred share purchase right for each outstanding share of Common Stock and Class A Common Stock (with the preferred share purchase rights collectively as the “Rights”). The Rights trade with the common stock and are not exercisable or transferable apart from the Common Stock and Class A Common Stock until after a person or group either acquires 15% or more of the outstanding common stock or commences or announces an intention to commence a tender offer for 15% or more of the outstanding common stock. Absent either of the aforementioned events transpiring, the Rights will expire as of the close of business on November 2, 2013. The Rights have certain anti-takeover effects and, therefore, will cause substantial dilution to a person or group who attempts to acquire the Company on terms not approved by the Company’s Board of Directors or who acquires 15% or more of the outstanding common stock without approval of the Company’s Board of Directors. The Rights should not interfere with any merger or other business combination approved by the Board since they may be redeemed by the Company at $.01 per Right at any time until the close of business on the tenth day after a person or group has obtained beneficial ownership of 15% or more of the outstanding common stock or until a person commences or announces an intention to commence a tender offer for 15% or more of the outstanding common stock. The 2003 Plan also contains a provision to help ensure a potential acquirer pays all shareholders a fair price for the Company. Common Stock and Class A Common Stock Each share of Common Stock is entitled to one vote per share. Each share of Class A Common Stock is entitled to a 1/10 vote per share. Holders of the Company’s Common Stock and Class A Common Stock are entitled to receive when, as and if declared by the Board of Directors, dividends and other distributions payable in cash, property, stock or otherwise. In the event of liquidation, after payment of debts and other liabilities of the Company, and after making provision for the holders of preferred stock, if any, the remaining assets of the Company will be distributable ratably among the holders of all classes of common stock. Stock Splits In March of 2012, 2011 and 2010, the Company’s Board of Directors declared a 5-for-4 stock split on both classes of the Company’s common stock. The stock splits were effected as of April 25, 2012, April 26, 2011 and April 27, 2010, respectively, in the form of a 25% stock dividend distributed to shareholders of record as of April 13, 2012, April 15, 2011 and April 16, 2010, respectively. All applicable share and per share information has been adjusted retrospectively to give effect to the 5-for-4 stock splits. Share Repurchases In 1990, the Company's Board of Directors authorized a share repurchase program, which allows the Company to repurchase Company shares in the open market or in privately negotiated transactions at the Company's discretion, subject to certain restrictions included in the Company's revolving credit agreement. As of October 31, 2012, the maximum number of shares that may yet be purchased under this program was 2,001,450 of either or both of the Company's Class A Common Stock and the Company's Common Stock. The repurchase program does not have a fixed termination date. During fiscal 2012, 2011 and 2010, the Company did not repurchase any shares of Company common stock under this program. During fiscal 2012, the Company repurchased an aggregate 3,046 shares of Common Stock at a total cost of approximately $.1 million and an aggregate 6,008 shares of Class A Common Stock at a total cost of $.2 million. During fiscal 2011, the Company repurchased an aggregate 336,053 shares of Common Stock at a total cost of approximately $13.6 million and an aggregate 27,874 shares of Class A Common Stock at a total cost of approximately $.7 million. During fiscal 2010, the Company repurchased an aggregate 27,464 shares of Common Stock at a total cost of $.6 million and an aggregate 4,083 shares of Class A Common Stock at a total cost of $.1 million. The transactions in fiscal 2012, 2011 and 2010 occurred as settlement for employee taxes due pertaining to exercises of non-qualified stock options, did not impact the number of shares authorized for future purchase under the Company’s share repurchase program, and are reflected as redemptions of common stock related to stock option exercises in the Company's Consolidated Statements of Shareholders' Equity and Comprehensive Income and the Company's Consolidated Statements of Cash Flows.

- Definition

The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 5

-Paragraph 15

-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 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Preferred Stock

-URI http://asc.fasb.org/extlink&oid=6521494

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(d),(e))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 30

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 29, 30, 31

-Article 5

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SAB TOPIC 4.E)

-URI http://asc.fasb.org/extlink&oid=6228006&loc=d3e74512-122707

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.29-31)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Article 4

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 4

-Section C

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 43

-Section B

-Paragraph 7, 11A

-Chapter 1

-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 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 4

-Section E

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 4

-Subparagraph (SAB TOPIC 4.C)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187143-122770

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 129

-Paragraph 2, 3, 4, 5, 6, 7, 8

-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 15: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 10

-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 16: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Article 3

Reference 17: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 18: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.3-04)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770

Reference 19: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 11

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644

Reference 20: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 21: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644

Reference 22: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644

Reference 23: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Paragraph d

-Article 4

+ Details

STOCK OPTIONS

12 Months Ended

Oct. 31, 2012

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Disclosure of Compensation Related Costs, Share-based Payments [Text Block]

STOCK OPTIONS

The Company currently has one stock option plan, the HEICO Corporation 2012 Incentive Compensation Plan (“2012 Plan”), under which stock options may be granted. The 2012 Plan became effective in March 2012, the same time the Company's 2002 Stock Option Plan (“2002 Plan”) and its remaining 1.6 million unissued shares expired. Also in March 2012, the Company made a decision to no longer issue options under its Non-Qualified Stock Option Plan (“NQSOP”) under which less than .1 million remaining unissued shares were cancelled. Options outstanding under the 2002 Plan and NQSOP as well as the Company's 1993 Stock Option Plan, which terminated in March 2003, may be exercised pursuant to their terms. The total number of shares approved by the shareholders of the Company for the 2012 Plan is 2.1 million plus any options outstanding under the 2002 Plan and NQSOP as of the 2012 Plan's effective date and that are subsequently forfeited or expire. A total of 4.2 million shares of the Company's common stock are reserved for issuance to employees, directors, officers and consultants as of October 31, 2012, including 2.3 million shares currently under option and 1.9 million shares available for future grants.

Stock options granted pursuant to the 2012 Plan may be designated as Common Stock and/or Class A Common Stock in such proportions as shall be determined by the Board of Directors or the Stock Option Plan Committee at its sole discretion. The exercise price per share of a stock option granted under the 2012 Plan may not be less than the fair market value of the designated class of Company common stock as of the date of grant and are exercisable in percentages specified as of the date of grant over a period up to ten years. Options issued under the 2012 Plan may be designated as incentive stock options or non-qualified stock options, but only employees are eligible to receive incentive stock options. The 2012 Plan will terminate no later than the tenth anniversary of its effective date.

Information concerning stock option activity for each of the last three fiscal years ended October 31 is as follows (in thousands, except per share data):



			Shares Under Option
	Shares Available For Grant		Shares		Weighted Average Exercise Price
Outstanding as of October 31, 2009	2,590		3,639			$7.44
Granted	(332	)	332			$26.15
Cancelled	—		(1	)		$6.98
Exercised	—		(630	)		$5.39
Outstanding as of October 31, 2010	2,258		3,340			$9.68
Granted	(591	)	591			$32.25
Cancelled	—		(3	)		$4.95
Exercised	—		(1,614	)		$5.85
Outstanding as of October 31, 2011	1,667		2,314			$18.13
Shares approved by the Shareholders for the 2012 Incentive Compensation Plan	2,125		—			$—
Granted	(259	)	259			$31.21
Cancelled unissued shares under the NQSOP	(18	)	—			$—
Expired unissued shares under the 2002 Plan	(1,603	)	—			$—
Exercised	—		(254	)		$4.03
Outstanding as of October 31, 2012	1,912		2,319			$21.13

Information concerning stock options outstanding (all of which are vested or expected to vest) and stock options exercisable by class of common stock as of October 31, 2012 is as follows (in thousands, except per share and contractual life data):



	Options Outstanding
	Number Outstanding	Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)	Aggregate Intrinsic Value
Common Stock	1,175		$22.55	6.4		$18,960
Class A Common Stock	1,144		$19.66	6.5	12,564
	2,319		$21.13	6.4		$31,524



	Options Exercisable
	Number Exercisable	Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)	Aggregate Intrinsic Value
Common Stock	632		$16.69	5.1		$13,866
Class A Common Stock	477		$9.57	3.6	9,981
	1,109		$13.63	4.4		$23,847

Information concerning stock options exercised is as follows (in thousands):



	Year ended October 31,
	2012		2011		2010
Cash proceeds from stock option exercises		$833		$2,167		$1,815
Tax benefit realized from stock option exercises	13,164		7,703		951
Intrinsic value of stock option exercises	7,008		48,952		10,379

Net income attributable to HEICO for the fiscal years ended October 31, 2012, 2011 and 2010 includes compensation expense of $3.9 million, $2.6 million and $1.4 million, respectively, and an income tax benefit of $1.5 million, $1.0 million and $.5 million, respectively, related to the Company’s stock options. Substantially all of the stock option compensation expense was recorded as a component of selling, general and administrative expenses in the Company’s Consolidated Statements of Operations. As of October 31, 2012, there was $14.4 million of pre-tax unrecognized compensation expense related to nonvested stock options, which is expected to be recognized over a weighted average period of approximately 3.6 years. The total fair value of stock options that vested in fiscal 2012, 2011 and 2010 was $3.6 million, $2.1 million and $1.2 million, respectively. If there were a change in control of the Company, all of the unvested options outstanding as of October 31, 2012 would become immediately exercisable.

For the fiscal years ended October 31, 2012, 2011 and 2010, the excess tax benefit resulting from tax deductions in excess of the cumulative compensation cost recognized for stock options exercised was $12.1 million, $6.3 million and $.7 million, respectively, and is presented as a financing activity in the Company’s Consolidated Statements of Cash Flows.

The fair value of each stock option grant was estimated on the date of grant using the Black-Scholes option-pricing model based on the following weighted average assumptions for the fiscal years ended October 31, 2012, 2011 and 2010:



	2012		2011				2010
	Class A Common Stock		Common Stock		Class A Common Stock		Common Stock		Class A Common Stock
Expected stock price volatility	40.11	%	41.17	%	38.92	%	42.01	%	39.57	%
Risk-free interest rate	1.19	%	1.64	%	2.74	%	2.45	%	3.02	%
Dividend yield	.32	%	.26	%	.33	%	.27	%	.33	%
Forfeiture rate	.00	%	.00	%	.00	%	.00	%	.00	%
Expected option life (years)	7		9		7		9		7
Weighted average fair value	$12.75		$18.34		$11.56		$14.28		$7.12

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 50

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 123R

-Paragraph 64, 65, A240

-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 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 40

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 14

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Statement of Position (SOP)

-Number 93-6

-Paragraph 53

-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

RETIREMENT PLANS	12 Months Ended
RETIREMENT PLANS	Oct. 31, 2012
Compensation and Retirement Disclosure [Abstract]
Pension and Other Postretirement Benefits Disclosure [Text Block]	RETIREMENT PLANS The Company has a qualified defined contribution retirement plan (the “Plan”) under which eligible employees of the Company and its participating subsidiaries may make Elective Deferral Contributions up to the limitations set forth in Section 402(g) of the Internal Revenue Code. The Company generally makes a 25% or 50% Employer Matching Contribution, as determined by the Board of Directors, based on a participant’s Elective Deferral Contribution up to 6% of the participant’s Compensation for the Elective Deferral Contribution period. The Employer Matching Contribution may be contributed to the Plan in the form of the Company’s common stock or cash, as determined by the Company. The Company’s match of a portion of a participant’s contribution is invested in Company common stock and is based on the fair value of the shares as of the date of contribution. The Plan also provides that the Company may contribute to the Plan additional amounts in its common stock or cash at the discretion of the Board of Directors. Employee contributions cannot be invested in Company common stock. Participants receive 100% vesting of employee contributions and cash dividends received on Company common stock. Vesting in Company contributions is based on a participant’s number of years of vesting service. Contributions to the Plan charged to income in fiscal 2012 totaled $3.0 million and were made through the issuance of new shares of Company common stock and the use of forfeited shares within the Plan. Contributions to the Plan charged to income in both fiscal 2011 and 2010 were less than $.1 million and were made with the use of forfeited shares within the Plan. In 1991, the Company established a Directors Retirement Plan covering its then current directors. The net assets and expenses of this plan as of October 31, 2012, 2011 and 2010 were not material to the financial position or results of operations of the Company. The projected benefit obligation of this plan was $.3 million and $.4 million as of October 31, 2012 and 2011, respectively, and is classified within other long-term liabilities in the Company’s Consolidated Balance Sheets.

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 5, 6, 7, 8

-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 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 158

-Paragraph 7, 21, 22

-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 Implementation Guide (Q and A)

-Number FAS88

-Paragraph 63

-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 Emerging Issues Task Force (EITF)

-Number 03-2

-Paragraph 8

-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 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 87

-Paragraph 264

-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 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 106

-Paragraph 518

-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 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 5

-Subparagraph b

-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 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 5

-Subparagraph a

-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 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 5

-Subparagraph h

-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 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 5

-Subparagraph q

-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 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name FASB Staff Position (FSP)

-Number FAS106-2

-Paragraph 20, 21, 22

-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 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 30

-Paragraph 26

-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 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 8

-Subparagraph m

-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 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-URI http://asc.fasb.org/topic&trid=2235017

+ Details

RESEARCH AND DEVELOPMENT EXPENSES	12 Months Ended
RESEARCH AND DEVELOPMENT EXPENSES	Oct. 31, 2012
Research and Development [Abstract]
Research, Development, and Computer Software Disclosure [Text Block]	RESEARCH AND DEVELOPMENT EXPENSES Cost of sales amounts in fiscal 2012, 2011 and 2010 include approximately $30.4 million, $25.4 million and $22.7 million, respectively, of new product research and development expenses.

- Definition

The entire disclosure for research, development, and computer software activities, including contracts and arrangements to be performed for others and with federal government. Includes costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility and in-process research and development acquired in a business combination consummated during the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 730

-SubTopic 20

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6420387&loc=d3e23221-108380

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 730

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6420387&loc=d3e23199-108380

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 985

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6501960&loc=d3e128462-111756

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 730

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6420194&loc=d3e21568-108373

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 2

-Paragraph 12, 13

-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 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 86

-Paragraph 11, 12

-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 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Audit and Accounting Guide (AAG)

-Number AAG-FGC

-Paragraph 56, 57

-IssueDate 2006-05-01

-Chapter 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.

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 730

-SubTopic 20

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6420387&loc=d3e23218-108380

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 68

-Paragraph 14

-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

REDEEMABLE NONCONTROLLING INTERESTS	12 Months Ended
REDEEMABLE NONCONTROLLING INTERESTS	Oct. 31, 2012
Temporary Equity Redeemable Noncontrolling Interests [Abstract]
Temporary Equity Redeemable Noncontrolling Interests [Text Block]	REDEEMABLE NONCONTROLLING INTERESTS The holders of equity interests in certain of the Company’s subsidiaries have rights (“Put Rights”) that may be exercised on varying dates causing the Company to purchase their equity interests in fiscal 2013 through fiscal 2022. The Put Rights, all of which relate either to common shares or membership interests in limited liability companies, provide that the cash consideration to be paid for their equity interests (the “Redemption Amount”) be at fair value or at a formula that management intended to reasonably approximate fair value based solely on a multiple of future earnings over a measurement period. As of October 31, 2012, management’s estimate of the aggregate Redemption Amount of all Put Rights that the Company would be required to pay is approximately $67 million. The actual Redemption Amount will likely be different. The aggregate Redemption Amount of all Put Rights was determined using probability adjusted internal estimates of future earnings of the Company’s subsidiaries with Put Rights while considering the actual or earliest exercise date, the measurement period and any applicable fair value adjustments. The portion of the estimated Redemption Amount as of October 31, 2012 redeemable at fair value is approximately $42 million and the portion redeemable based solely on a multiple of future earnings is approximately $25 million. A summary of the put and call rights associated with the redeemable noncontrolling interests in certain of the Company’s subsidiaries and a description of any transactions involving redeemable noncontrolling interests during fiscal 2012, 2011 and 2010 is as follows: The Company acquired an 80.1% interest in a subsidiary by the ETG in fiscal 2004. As part of the purchase agreement, the noncontrolling interest holders currently have the right to cause the Company to purchase their interests over a five-year period ending in fiscal 2017 and the Company has the right to purchase the noncontrolling interests over a five-year period beginning in fiscal 2015, or sooner under certain conditions. Pursuant to the purchase agreement related to the acquisition of an 85% interest in a subsidiary by the ETG in fiscal 2005, the noncontrolling interest holders have the right to cause the Company to purchase their interests over a four-year period beginning in fiscal 2007 or thereafter. Certain noncontrolling interest holders exercised their option during fiscal 2007 and in fiscal 2009 to cause the Company to purchase their aggregate 3% and 10.5% interest, respectively. Accordingly, the Company increased its ownership interest in the subsidiary by an aggregate 10.9% to 95.9% effective April 2011. During fiscal 2012, the Company and the noncontrolling interest holder of the aforementioned 10.5% interest agreed to defer the purchase of the remaining 2.6% interest to a future period. Pursuant to the purchase agreement related to the acquisition of a 51% interest in a subsidiary by the FSG in fiscal 2006, certain noncontrolling interest holders exercised their option during fiscal 2008 to cause the Company to purchase an aggregate 28% interest of which 7% was purchased effective April 2008, 14% effective December 2008, and 7% effective February 2011. Certain other noncontrolling interest holders exercised their option to cause the Company to purchase their aggregate 1% interest effective February 2011. During fiscal 2012, the remaining noncontrolling interest holder exercised their option to cause the Company to purchase the remaining 20% interest over a three-year period ending in fiscal 2014. Accordingly, the Company's ownership interest in the subsidiary increased to 86.7% effective February 2012. On December 17, 2012, the Company and the noncontrolling interest holder agreed to accelerate the purchase of the remaining 13.3% interest, which was paid on December 19, 2012. The Company acquired an 80.1% interest in a subsidiary by the FSG in fiscal 2006. As part of the purchase agreement, the Company has the right to purchase the noncontrolling interests over a four-year period beginning in fiscal 2014, or sooner under certain conditions, and the noncontrolling interest holders have the right to cause the Company to purchase the same equity interests over the same period. The Company acquired an 80.1% interest in a subsidiary through the FSG in fiscal 2008 and acquired an additional 2.2% interest in fiscal 2010, which increased the Company's ownership interest to 82.3%. Pursuant to the original purchase agreement as amended in fiscal 2012, the Company has the right to purchase the remaining noncontrolling interests over a five-year period beginning in fiscal 2016, or sooner under certain conditions, and the noncontrolling interest holders have the right to cause the Company to purchase the same equity interests over the same period. The Company acquired an 82.5% interest in a subsidiary by the ETG in fiscal 2009. As part of the purchase agreement, the Company has the right to purchase the noncontrolling interests beginning in fiscal 2014, or sooner under certain conditions, and the noncontrolling interest holder has the right to cause the Company to purchase the same equity interests over the same period. The Company acquired an 80.1% interest in a subsidiary by the FSG in fiscal 2011. As part of the purchase agreement, the Company has the right to purchase the noncontrolling interests over a two-year period beginning in fiscal 2015, or sooner under certain conditions, and the noncontrolling interest holders have the right to cause the Company to purchase the same equity interests over the same period. During fiscal 2012, one of the subsidiaries of the ETG formed a new subsidiary which acquired certain assets and liabilities of two businesses in exchange for shares aggregating 22% of its equity interest, valued at $.4 million. The noncontrolling interest holders have the right to cause the Company to purchase their equity interests over a two-year period beginning in fiscal 2017. As discussed in Note 2, Acquisitions, the Company acquired an 84% interest in a subsidiary by the FSG in August 2012. As part of the purchase agreement, the Company has the right to purchase the noncontrolling interests over a four-year period beginning in fiscal 2018, or sooner under certain conditions, and the noncontrolling interest holders have the right to cause the Company to purchase the same equity interests over the same period. As discussed in Note 2, Acquisitions, the Company acquired an 80.1% interest in a subsidiary by the FSG in October 2012. As part of the purchase agreement, the Company has the right to purchase the noncontrolling interests over a four-year period beginning in fiscal 2019, or sooner under certain conditions, and the noncontrolling interest holder has the right to cause the Company to purchase the same equity interests over the same period. The purchase prices of the redeemable noncontrolling interests acquired in fiscal 2012 2011 and 2010 were paid using cash provided by operating activities. The aggregate cost of the redeemable noncontrolling interests acquired was $7.6 million, $7.2 million and $.8 million in fiscal 2012, 2011 and 2010, respectively.

NET INCOME PER SHARE ATTRIBUTABLE TO HEICO SHAREHOLDERS

12 Months Ended

Oct. 31, 2012

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

NET INCOME PER SHARE ATTRIBUTABLE TO HEICO SHAREHOLDERS

The computation of basic and diluted net income per share attributable to HEICO shareholders is as follows (in thousands, except per share data):



	Year ended October 31,
	2012		2011		2010
Numerator:
Net income attributable to HEICO		$85,147		$72,820		$54,938
Adjustments to redemption amount of redeemable noncontrolling interests (see Note 1)	13		19		(102		)
Net income attributable to HEICO, as adjusted		$85,160		$72,839		$54,836

Denominator:
Weighted average common shares outstanding - basic	52,689		52,040		51,301
Effect of dilutive stock options	610		1,087		1,466
Weighted average common shares outstanding - diluted	53,299		53,127		52,767

Net income per share attributable to HEICO shareholders:
Basic		$1.62		$1.40		$1.07
Diluted		$1.60		$1.37		$1.04

Anti-dilutive stock options excluded	711		481		649

- Definition

The entire disclosure for earnings per share.

+ References+ Details

QUARTERLY FINANCIAL INFORMATION

12 Months Ended

Oct. 31, 2012

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:
2012		$212,655		$216,314		$225,969		$242,409
2011		$174,219		$184,486		$197,267		$208,919
Gross profit:
2012		$78,248		$75,198		$84,252		$89,738
2011		$63,926		$66,371		$69,825		$74,319
Net income from consolidated operations:
2012		$24,466		$24,224		$28,672		$29,313
2011		$22,523		$22,126		$26,392		$24,412
Net income attributable to HEICO:
2012		$19,185		$19,043		$23,128		$23,791
2011		$17,074		$16,830		$20,402		$18,514
Net income per share attributable to HEICO:
Basic:
2012		$.36		$.36		$.44		$.45
2011		$.33		$.32		$.39		$.35
Diluted:
2012		$.36		$.36		$.43		$.45
2011		$.32		$.32		$.38		$.35

During the third quarter of fiscal 2012, the Company filed its fiscal 2011 U.S. federal and state tax returns. As a result, the Company recognized an aggregate benefit, which increased net income attributable to HEICO by approximately $.9 million, or $.02 per basic and diluted share, net of expenses, principally from higher research and development tax credits.

In the first quarter of fiscal 2011, the Company recognized an income tax credit for qualified research and development activities for the last ten months of fiscal 2010 upon the retroactive extension in December 2010 of Section 41 of the Internal Revenue Code, “Credit for Increasing Research Activities,” to cover the period from January 1, 2010 to December 31, 2011. The tax credit, net of expenses, increased net income attributable to HEICO by $.8 million, or $.02 per basic and diluted share.

During the third quarter of fiscal 2011, the Company filed its fiscal 2010 U.S. federal and state tax returns and amended certain prior year state tax returns. As a result, the Company recognized an aggregate benefit, which increased net income attributable to HEICO by $2.0 million, or $.04 per basic and diluted share, net of expenses, principally from state income apportionment updates and higher research and development tax credits.

During the fourth quarter of fiscal 2011, the Company recorded impairment losses related to the write-down of certain intangible assets to their estimated fair values that were partially offset by a reduction in the value of contingent consideration related to a prior year acquisition, which decreased net income attributable to HEICO by $2.4 million, or $.05 per basic share and $.04 per diluted share, in aggregate.

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.

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

+ References+ Details

OPERATING SEGMENTS

12 Months Ended

Oct. 31, 2012

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

OPERATING SEGMENTS

The Company has two operating segments: the Flight Support Group (“FSG”), consisting of HEICO Aerospace and HEICO Flight Support Corp. and their collective subsidiaries; and the Electronic Technologies Group (“ETG”), consisting of HEICO Electronic and its subsidiaries. The Flight Support Group designs, manufactures, repairs, overhauls and distributes jet engine and aircraft component replacement parts. The parts and services are approved by the FAA. The FSG also manufactures and sells specialty parts as a subcontractor for aerospace and industrial original equipment manufacturers and the United States government. The Electronic Technologies Group designs and manufactures electronic, microwave, and electro-optical equipment and components, three-dimensional microelectronic and stacked memory products, high-speed interface products, high voltage interconnection devices, high voltage advanced power electronics products, power conversion products, underwater locator beacons, traveling wave tube amplifiers, harsh environment electronic connectors and other interconnect products, and RF and microwave amplifiers, transmitters and receivers primarily for the aviation, defense, space, medical, telecommunications and electronics industries.

The Company’s reportable operating segments offer distinctive products and services that are marketed through different channels. They are managed separately because of their unique technology and service requirements.

Segment Profit or Loss

The accounting policies of the Company’s operating segments are the same as those described in Note 1, Summary of Significant Accounting Policies. Management evaluates segment performance based on segment operating income.

Information on the Company’s two operating segments, the FSG and the ETG, for each of the last three fiscal years ended October 31 is as follows (in thousands):



	Segment				Other, Primarily Corporate and Intersegment			Consolidated Totals
	FSG		ETG		Other, Primarily Corporate and Intersegment			Consolidated Totals
Year ended October 31, 2012:
Net sales		$570,325		$331,598		($4,576	)		$897,347
Depreciation and amortization	10,451		19,365		840			30,656
Operating income	103,943		77,438		(18,087		)	163,294
Capital expenditures	7,045		7,248		969			15,262
Total assets	487,188		636,660		68,998			1,192,846

Year ended October 31, 2011:
Net sales		$539,563		$227,771		($2,443	)		$764,891
Depreciation and amortization	10,661		7,502		380			18,543
Operating income	95,001		59,465		(16,035		)	138,431
Capital expenditures	6,866		2,543		37			9,446
Total assets	458,624		429,869		52,576			941,069

Year ended October 31, 2010:
Net sales		$412,337		$205,648		($965	)		$617,020
Depreciation and amortization	9,899		7,308		390			17,597
Operating income	67,896		56,126		(14,849		)	109,173
Capital expenditures	7,343		1,502		32			8,877
Total assets	410,666		328,577		42,400			781,643

Major Customer and Geographic Information

No one customer accounted for 10% or more of the Company’s consolidated net sales during the last three fiscal years. The Company’s net sales originating and long-lived assets held outside of the United States during each of the last three fiscal years were not material.

The Company markets its products and services in approximately 100 countries. The Company’s net sales to any country other than the United States of America did not exceed 10% of consolidated net sales. Sales are attributed to countries based on the location of customers. The composition of the Company’s net sales to customers located in the United States of America and to those in other countries for each of the last three fiscal years ended October 31 is as follows (in thousands):



	Year ended October 31,
	2012		2011		2010
United States of America		$596,922		$507,237		$423,916
Other countries	300,425		257,654		193,104
Total		$897,347		$764,891		$617,020

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 10

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 29

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 131

-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 Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 32

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 26

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 34

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 35

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 42

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 40

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 31

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 41

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 30

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 33

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 12

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599

Reference 15: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599

+ Details

COMMITMENTS AND CONTINGENCIES

12 Months Ended

Oct. 31, 2012

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies Disclosure [Text Block]

COMMITMENTS AND CONTINGENCIES

Lease Commitments

The Company leases certain property and equipment, including manufacturing facilities and office equipment under operating leases. Some of these leases provide the Company with the option after the initial lease term either to purchase the property at the then fair market value or renew the lease at the then fair rental value. Generally, management expects that leases will be renewed or replaced by other leases in the normal course of business.

Future minimum payments under non-cancelable operating leases for the next five fiscal years and thereafter are estimated to be as follows (in thousands):



Year ending October 31,
2013		$7,320
2014	6,477
2015	6,259
2016	5,461
2017	4,178
Thereafter	5,406
Total minimum lease commitments		$35,101

Total rent expense charged to operations for operating leases in fiscal 2012, 2011 and 2010 amounted to $7.9 million, $7.6 million and $7.0 million, respectively.

Guarantees

The Company has arranged for a standby letter of credit for $1.5 million to meet the security requirement of its insurance company for potential workers’ compensation claims, which is supported by the Company’s revolving credit facility.

Product Warranty

Changes in the Company’s product warranty liability in fiscal 2012 and 2011 are as follows (in thousands):



	Year ended October 31,
	2012			2011
Balances as of beginning of year		$2,231			$1,636
Accruals for warranties	1,621			1,693
Warranty claims settled	(1,299		)	(1,098		)
Acquired warranty liabilities	18			—
Balances as of end of year		$2,571			$2,231

Litigation

The Company is involved in various legal actions arising in the normal course of business. Based upon the Company’s and its legal counsel’s evaluations of any claims or assessments, management is of the opinion that the outcome of these matters will not have a material effect on the Company’s results of operations, financial position or cash flows.

- Definition

The entire disclosure for commitments and contingencies.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name FASB Interpretation (FIN)

-Number 14

-Paragraph 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.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.25)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6449706&loc=d3e16207-108621

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 460

-SubTopic 10

-Section 50

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=6398077&loc=d3e12565-110249

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 450

-SubTopic 20

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14435-108349

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 440

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6394976&loc=d3e25287-109308

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 5

-Paragraph 9, 10, 11, 12

-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

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION	12 Months Ended
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION	Oct. 31, 2012
Supplemental Cash Flow Elements [Abstract]
Cash Flow, Supplemental Disclosures [Text Block]	SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION Cash paid for interest was $2.4 million, $.1 million and $.5 million in fiscal 2012, 2011 and 2010, respectively. Cash paid for income taxes was $43.5 million, $33.9 million and $37.3 million in fiscal 2012, 2011 and 2010, respectively. Cash received from income tax refunds in fiscal 2012, 2011 and 2010 was $1.6 million, $.8 million and $3.0 million, respectively.

- Definition

The entire disclosure for supplemental cash flow activities, including cash, noncash, and part noncash transactions, for the period. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period.

+ References+ Details

SUBSEQUENT EVENTS	12 Months Ended
SUBSEQUENT EVENTS	Oct. 31, 2012
Subsequent Events [Abstract]
Subsequent Events [Text Block]	SUBSEQUENT EVENT On November 27, 2012, the Company's Board of Directors declared an acceleration of HEICO's regular semi-annual $.06 per share cash dividend as well as a special and extraordinary $1.14 per share cash dividend on both classes of the Company's common stock. Based on strong enthusiasm from the Company's shareholders for the special and extraordinary cash dividend, the Company's Board of Directors announced on December 6, 2012 a $1.00 increase per share so that the total special and extraordinary dividend will now be $2.14 per share on both classes of the Company's common stock. The dividends will be paid in one payment on or before December 31, 2012 to shareholders of record on December 17, 2012. The dividends, which aggregate approximately $117 million and will be funded from borrowings under the Company's revolving credit facility, were declared in view of impending tax increases expected to take effect in calendar 2013. Accordingly, the Company is paying in December 2012 the $.06 per share dividend it would ordinarily have paid in January 2013.

VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Oct. 31, 2012

Valuation and Qualifying Accounts [Abstract]

Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]

SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS



	Year ended October 31,
	2012			2011			2010
Allowance for doubtful accounts (in thousands):
Allowance as of beginning of year		$2,667			$2,468			$2,535
Additions charged to costs and expenses^(a)	2,356			194			1,452
Additions charged to other accounts^(b)	44			299			—
Deductions ^(c)	(2,733		)	(294		)	(1,519		)
Allowance as of end of year		$2,334			$2,667			$2,468


(a)	Additions charged to costs and expenses in fiscal 2012 and 2010 were higher than fiscal 2011 principally as a result of potential collection difficulties resulting from certain customers filing for bankruptcy or ceasing operations.


(b)	Principally additions from acquisitions.


(c)	Principally write-offs of uncollectible accounts receivable, net of recoveries.



	Year ended October 31,
	2012			2011			2010
Inventory valuation reserves (in thousands):
Reserves as of beginning of year		$41,208			$35,947			$34,330
Additions charged to costs and expenses	4,605			4,593			2,902
Additions charged to other accounts ^(a)	3,581			2,785			11
Deductions ^(b)	(2,533		)	(2,117		)	(1,296		)
Reserves as of end of year		$46,861			$41,208			$35,947


(a)	Principally additions from acquisitions.


(b)	Principally write-offs of slow moving, obsolete or damaged inventory.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

12 Months Ended

Oct. 31, 2012

Summary Of Significant Accounting Policies (Policies) [Abstract]

Nature Of Business Policy [Policy Text Block]

Nature of Business

Basis Of Presentation Policy [Policy Text Block]

Basis of Presentation

Stock Split Policies [Policy Text Block]

Stock Splits

Use of Estimates, Policy [Policy Text Block]

Use of Estimates and Assumptions

Cash and Cash Equivalents, Policy [Policy Text Block]

Cash and Cash Equivalents

Receivables, Policy [Policy Text Block]

Accounts Receivable

Concentrations Of Credit Risk Policy [Policy Text Block]

Concentrations of Credit Risk

Inventory, Policy [Policy Text Block]

Inventory

Property, Plant and Equipment, Policy [Policy Text Block]

Property, Plant and Equipment

Capital Leases, Policy [Policy Text Block]

Capital Leases

Business Combinations Policy [Policy Text Block]

Business Combinations

Goodwill and Intangible Assets, Policy [Policy Text Block]

Goodwill and Other Intangible Assets



Customer relationships	5	to	10	years
Intellectual property	6	to	15	years
Licenses	10	to	17	years
Non-compete agreements	2	to	7	years
Patents	5	to	19	years
Trade names	5	to	10	years

Investment, Policy [Policy Text Block]

Investments

Derivatives, Policy [Policy Text Block]

Derivative Instruments

Customer Rebates and Credits Policy [Policy Text Block]

Customer Rebates and Credits

Guarantees, Indemnifications and Warranties Policies [Policy Text Block]

Product Warranties

Revenue Recognition, Policy [Policy Text Block]

Revenue Recognition

Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]

Stock-Based Compensation

Income Tax, Policy [Policy Text Block]

Income Taxes

Noncontrolling Interests Policy [Text Block]

Redeemable Noncontrolling Interests

Earnings Per Share, Policy [Policy Text Block]

Net Income per Share Attributable to HEICO Shareholders

Foreign Currency Translations Policy [Policy Text Block]

Foreign Currency Translation

Commitments and Contingencies, Policy [Policy Text Block]

Contingencies

New Accounting Pronouncements and changes in Accounting Principles [Text Block]

New Accounting Pronouncements

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Oct. 31, 2012

Property, Plant and Equipment Useful Lives [Abstract]

Property, Plant and Equipment [Table Text Block]

The Company’s property, plant and equipment is depreciated over the following estimated useful lives:

Intangible Assets Useful Life [Table Text Block]

The Company’s intangible assets subject to amortization are amortized on the straight-line method (except for certain customer relationships amortized on an accelerated method) over the following estimated useful lives:



Customer relationships	5	to	10	years
Intellectual property	6	to	15	years
Licenses	10	to	17	years
Non-compete agreements	2	to	7	years
Patents	5	to	19	years
Trade names	5	to	10	years

ACQUISITIONS (Tables)

12 Months Ended

Oct. 31, 2012

Oct. 31, 2011

Business Acquisition [Line Items]

Schedule of Purchase Price Allocation [Table Text Block]



Assets acquired:
Goodwill		$73,405
Identifiable intangible assets	72,500
Inventories	13,086
Property, plant and equipment	10,884
Accounts receivable	6,123
Other assets	1,358
Total assets acquired, excluding cash		$177,356

Liabilities assumed:
Deferred income taxes		$30,244
Accrued expenses	2,252
Accounts payable	1,889
Other liabilities	258
Total liabilities assumed		$34,643
Net assets acquired, excluding cash		$142,713

Business Acquisition, Pro Forma Information [Table Text Block]

The following table presents unaudited pro forma financial information for fiscal 2011 as if the acquisition of Switchcraft had occurred as of November 1, 2010 (in thousands).



	Year ended
	October 31, 2011
Net sales		$824,767
Net income from consolidated operations		$100,842
Net income attributable to HEICO		$78,209
Net income per share attributable to HEICO shareholders:
Basic		$1.50
Diluted		$1.47

Other Acquisitions [Member]

Business Acquisition [Line Items]

Schedule of Purchase Price Allocation [Table Text Block]



	Year ended October 31,
	2012		2011		2010
Assets Acquired:
Identifiable intangible assets		$21,831		$40,187		$15,400
Goodwill	18,607		49,575		12,972
Inventories	4,587		16,847		3,184
Accounts receivable	4,393		9,072		6,685
Property, plant and equipment	1,353		10,206		573
Other assets	171		1,639		24
Total assets acquired, excluding cash		$50,942		$127,526		$38,838

Liabilities assumed:
Accrued purchase consideration		$11,984		$5,738		$910
Accrued expenses	645		7,634		1,553
Accounts payable	445		7,555		1,489
Deferred income taxes	—		7,423		—
Other liabilities	—		5,184		—
Total liabilities assumed		$13,074		$33,534		$3,952

Noncontrolling interests in consolidated subsidiaries		$3,918		$5,921		$—

Acquisitions, net of cash acquired		$33,950		$88,071		$34,886

- 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+ Details

SELECTED FINANCIAL STATEMENT INFORMATION (Tables)

12 Months Ended

Oct. 31, 2012

Selected Financial Statement Information (Tables) [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

Accounts Receivable



	As of October 31,
(in thousands)	2012			2011
Accounts receivable		$124,548			$109,081
Less: Allowance for doubtful accounts	(2,334		)	(2,667		)
Accounts receivable, net		$122,214			$106,414

Schedule of Inventory, Current [Table Text Block]

Inventories



	As of October 31,
(in thousands)	2012			2011
Finished products		$93,873			$86,487
Work in process	18,887			19,708
Materials, parts, assemblies and supplies	69,042			52,173
Contracts in process	8,299			8,291
Less: Billings to date	(397		)	(1,692		)
Inventories, net of valuation reserves		$189,704			$164,967

Property, Plant and Equipment [Table Text Block]

Property, Plant and Equipment



	As of October 31,
(in thousands)	2012			2011
Land		$4,505			$3,825
Buildings and improvements	54,322			46,892
Machinery, equipment and tooling	109,041			94,297
Construction in progress	5,599			3,671
	173,467			148,685
Less: Accumulated depreciation and amortization	(92,949		)	(81,611		)
Property, plant and equipment, net		$80,518			$67,074

Schedule Of Accrued Expenses and Other Current Liabilities [Table Text Block]

Accrued Expenses and Other Current Liabilities



	As of October 31,
(in thousands)	2012		2011
Accrued employee compensation and related payroll taxes		$41,307		$39,330
Accrued customer rebates and credits	10,833		9,595
Accrued additional purchase consideration	2,917		11,016
Deferred revenue	6,442		3,195
Other	14,742		13,240
Accrued expenses and other current liabilities		$76,241		$76,376

Costs and Estimated Earnings On Uncompleted Percentage Of Completion Contracts [Table Text Block]

Costs and Estimated Earnings on Uncompleted Percentage-of-Completion Contracts



	As of October 31,
(in thousands)	2012			2011
Costs incurred on uncompleted contracts		$6,673			$4,443
Estimated earnings	6,235			4,206
	12,908			8,649
Less: Billings to date	(7,426		)	(4,876		)
Included in the accompanying Consolidated Balance Sheets under the caption "Accounts receivable, net" (costs and estimated earnings in excess of billings)		$5,482			$3,773

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References+ Details

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Oct. 31, 2012

Goodwill and Other Intangible Assets (Tables) [Abstract]

Schedule of Goodwill [Table Text Block]

Changes in the carrying amount of goodwill during fiscal 2012 and 2011 by operating segment are as follows (in thousands):



	Segment					Consolidated
	FSG		ETG			Totals
Balances as of October 31, 2010		$188,459		$196,557			$385,016
Goodwill acquired	3,898		45,070			48,968
Accrued additional purchase consideration	—		4,849			4,849
Adjustments to goodwill	—		2,480			2,480
Foreign currency translation adjustments	—		2,089			2,089
Balances as of October 31, 2011	192,357		251,045			443,402
Goodwill acquired	10,873		81,139			92,012
Adjustments to goodwill	309		10,513			10,822
Foreign currency translation adjustments	—		(4,122		)	(4,122		)
Balances as of October 31, 2012		$203,539		$338,575			$542,114

Schedule Of Identifiable Intangible Assets [Table Text Block]

Identifiable intangible assets consist of (in thousands):



	As of October 31, 2012							As of October 31, 2011
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Amortizing Assets:
Customer relationships		$102,172		($24,038	)		$78,134		$51,934		($18,085	)		$33,849
Intellectual property	43,093		(5,738		)	37,355		18,493		(2,236		)	16,257
Licenses	2,900		(1,117		)	1,783		2,900		(854		)	2,046
Non-compete agreements	1,339		(1,320		)	19		1,364		(1,203		)	161
Patents	589		(309		)	280		576		(313		)	263
Trade names	566		(336		)	230		569		(224		)	345
	150,659		(32,858		)	117,801		75,836		(22,915		)	52,921
Non-Amortizing Assets:
Trade names	36,523		—			36,523		25,236		—			25,236
		$187,182		($32,858	)		$154,324		$101,072		($22,915	)		$78,157

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References+ Details

LONG-TERM DEBT (Tables)

12 Months Ended

Oct. 31, 2012

Long Term Debt (Tables) [Abstract]

Schedule of Long-term Debt Instruments [Table Text Block]

Long-term debt consists of the following (in thousands):



	As of October 31,
	2012			2011
Borrowings under revolving credit facility		$127,000			$36,000
Capital leases and notes payable	4,820			4,158
	131,820			40,158
Less: Current maturities of long-term debt	(626		)	(335		)
		$131,194			$39,823

Schedule of Future Minimum Lease Payments for Capital Leases [Table Text Block]

The estimated future minimum lease payments of all capital leases for the next five fiscal years and thereafter are as follows (in thousands):



Year ending October 31,
2013		$793
2014	689
2015	553
2016	507
2017	422
Thereafter	2,136
Total minimum lease payments	5,100
Less: amount representing interest	(863		)
Present value of minimum lease payments		$4,237

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 30

-Section 55

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=6584090&loc=d3e28878-108400

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 30

-Section 45

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 30

-Section 45

-Paragraph 1A

-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.22)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 22

-Article 5

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 7

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 470

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(e),(f))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

+ Details

INCOME TAXES (Tables)

12 Months Ended

Oct. 31, 2012

Income Taxes (Tables) [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The components of the provision for income taxes on income before income taxes and noncontrolling interests are as follows (in thousands):



	Year ended October 31,
	2012			2011		2010
Current:
Federal		$48,461			$38,002		$29,180
State	7,516			4,008		4,659
Foreign	1,357			861		1,044
	57,334			42,871		34,883
Deferred	(2,834		)	29		1,817
Total income tax expense		$54,500			$42,900		$36,700

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

A reconciliation of the federal statutory income tax rate to the Company’s effective tax rate is as follows:



	Year ended October 31,
	2012		2011		2010
Federal statutory income tax rate	35.0	%	35.0	%	35.0	%
State taxes, less applicable federal income tax reduction	3.1		1.8		3.2
Net tax benefit on noncontrolling interests’ share of income	(1.7	)	(2.5	)	(2.6	)
Net tax benefit on qualified research and development activities	(1.7	)	(2.7	)	(1.0	)
Net tax benefit on qualified domestic production activities	(1.3	)	(1.0	)	(.8	)
Other, net	.4		.4		(.1	)
Effective tax rate	33.8	%	31.0	%	33.7	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Significant components of the Company’s deferred tax assets and liabilities are as follows (in thousands):



	As of October 31,
	2012			2011
Deferred tax assets:
Inventories		$18,536			$15,581
Deferred compensation liability	15,805			11,708
Foreign R&D carryforward and credit	3,432			3,277
Stock option compensation	3,151			1,947
Bonus accrual	2,671			2,373
Customer rebates accrual	2,029			616
Capital lease obligations	1,412			1,354
Vacation accrual	1,288			877
Warranty reserve	871			793
Allowance for doubtful accounts receivable	778			973
Other	2,119			2,986
Total deferred tax assets	52,092			42,485

Deferred tax liabilities:
Goodwill and other intangible assets	(102,829		)	(68,601		)
Property, plant and equipment	(8,950		)	(7,069		)
Other	(712		)	(1,054		)
Total deferred tax liabilities	(112,491		)	(76,724		)
Net deferred tax liability		($60,399	)		($34,239	)

Schedule Of Net Deferred Tax Liability [Table Text Block]

The net deferred tax liability is classified in the Company’s Consolidated Balance Sheets as follows (in thousands):



	As of October 31,
	2012			2011
Current asset		$27,545			$22,286
Long-term asset	2,492			2,374
Long-term liability	(90,436		)	(58,899		)
Net deferred tax liability		($60,399	)		($34,239	)

Summary of Income Tax Contingencies [Table Text Block]

A reconciliation of the activity related to the liability for gross unrecognized tax benefits during the fiscal years ended October 31, 2012 and 2011 is as follows (in thousands):



	Year ended October 31,
	2012			2011
Balances as of beginning of year		$1,834			$2,306
Increases related to prior year tax positions	1,281			50
Decreases related to prior year tax positions	(240		)	(482		)
Increases related to current year tax positions	299			393
Settlements	(52		)	(56		)
Lapse of statutes of limitations	(595		)	(377		)
Balances as of end of year		$2,527			$1,834

- Definition

Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions.

+ References+ Details

FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Oct. 31, 2012

Fair Value Measurements (Tables) [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

The following tables set forth by level within the fair value hierarchy, the Company’s assets and liabilities that were measured at fair value on a recurring basis (in thousands):



	As of October 31, 2012
	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total
Assets:
Deferred compensation plans:
Corporate owned life insurance		$—		$37,086		$—		$37,086
Mutual funds	1,154		—		—		1,154
Money market funds and cash	1,122		—		—		1,122
Equity securities	991		—		—		991
Other	—		442		538		980
Total assets		$3,267		$37,528		$538		$41,333

Liabilities:
Contingent Consideration		$—		$—		$10,897		$10,897



	As of October 31, 2011
	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total
Assets:
Deferred compensation plans:
Corporate owned life insurance		$—		$26,989		$—		$26,989
Mutual funds	1,004		—		—		1,004
Money market funds and cash	920		—		—		920
Equity securities	1,150		—		—		1,150
Other	—		451		573		1,024
Total assets		$3,074		$27,440		$573		$31,087

Liabilities		$—		$—		$—		$—

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]



	Assets			Liabilities
Balances as of October 31, 2010		$—			$1,150
Reduction in value of contingent consideration	—			(1,150		)
Purchases	550			—
Total unrealized gains	23			—
Balances as of October 31, 2011	573			—
Contingent consideration related to acquisition	—			10,778
Increase in value of contingent consideration	—			119
Total unrealized losses	(35		)	—
Balances as of October 31, 2012		$538			$10,897

Fair Value, Assets and Liabilities Measured On Nonrecurring Basis [Table Text Block]



	2011
	Carrying Amount		Impairment Loss			Fair Value (Level 3)
Assets:
Customer relationships		$7,848		($4,351	)		$3,497
Intellectual property	2,369		(459		)	1,910
Trade names	3,400		(177		)	3,223
Total				($4,987	)

- Definition

Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3).

+ References+ Details

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

+ References+ Details

STOCK OPTIONS (Tables)

12 Months Ended

Oct. 31, 2012

Stock Options (Tables) [Abstract]

Schedule Of Share Based Compensation Stock Options Activity And Shares Available For Grants [Table Text Block]

Information concerning stock option activity for each of the last three fiscal years ended October 31 is as follows (in thousands, except per share data):



			Shares Under Option
	Shares Available For Grant		Shares		Weighted Average Exercise Price
Outstanding as of October 31, 2009	2,590		3,639			$7.44
Granted	(332	)	332			$26.15
Cancelled	—		(1	)		$6.98
Exercised	—		(630	)		$5.39
Outstanding as of October 31, 2010	2,258		3,340			$9.68
Granted	(591	)	591			$32.25
Cancelled	—		(3	)		$4.95
Exercised	—		(1,614	)		$5.85
Outstanding as of October 31, 2011	1,667		2,314			$18.13
Shares approved by the Shareholders for the 2012 Incentive Compensation Plan	2,125		—			$—
Granted	(259	)	259			$31.21
Cancelled unissued shares under the NQSOP	(18	)	—			$—
Expired unissued shares under the 2002 Plan	(1,603	)	—			$—
Exercised	—		(254	)		$4.03
Outstanding as of October 31, 2012	1,912		2,319			$21.13

Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding [Table Text Block]



	Options Outstanding
	Number Outstanding	Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)	Aggregate Intrinsic Value
Common Stock	1,175		$22.55	6.4		$18,960
Class A Common Stock	1,144		$19.66	6.5	12,564
	2,319		$21.13	6.4		$31,524



	Options Exercisable
	Number Exercisable	Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)	Aggregate Intrinsic Value
Common Stock	632		$16.69	5.1		$13,866
Class A Common Stock	477		$9.57	3.6	9,981
	1,109		$13.63	4.4		$23,847

Schedule of Cash Proceeds Received from Share-based Payment Awards [Table Text Block]

Information concerning stock options exercised is as follows (in thousands):



	Year ended October 31,
	2012		2011		2010
Cash proceeds from stock option exercises		$833		$2,167		$1,815
Tax benefit realized from stock option exercises	13,164		7,703		951
Intrinsic value of stock option exercises	7,008		48,952		10,379

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]



	2012		2011				2010
	Class A Common Stock		Common Stock		Class A Common Stock		Common Stock		Class A Common Stock
Expected stock price volatility	40.11	%	41.17	%	38.92	%	42.01	%	39.57	%
Risk-free interest rate	1.19	%	1.64	%	2.74	%	2.45	%	3.02	%
Dividend yield	.32	%	.26	%	.33	%	.27	%	.33	%
Forfeiture rate	.00	%	.00	%	.00	%	.00	%	.00	%
Expected option life (years)	7		9		7		9		7
Weighted average fair value	$12.75		$18.34		$11.56		$14.28		$7.12

QUARTERLY FINANCIAL INFORMATION (UNAUDITED) (Tables)

12 Months Ended

Oct. 31, 2012

Quarterly Financial Information (Unaudited) (Tables) [Abstract]

Schedule of Quarterly Financial Information [Table Text Block]

QUARTERLY FINANCIAL INFORMATION (UNAUDITED)



(in thousands, except per share data)	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Net sales:
2012		$212,655		$216,314		$225,969		$242,409
2011		$174,219		$184,486		$197,267		$208,919
Gross profit:
2012		$78,248		$75,198		$84,252		$89,738
2011		$63,926		$66,371		$69,825		$74,319
Net income from consolidated operations:
2012		$24,466		$24,224		$28,672		$29,313
2011		$22,523		$22,126		$26,392		$24,412
Net income attributable to HEICO:
2012		$19,185		$19,043		$23,128		$23,791
2011		$17,074		$16,830		$20,402		$18,514
Net income per share attributable to HEICO:
Basic:
2012		$.36		$.36		$.44		$.45
2011		$.33		$.32		$.39		$.35
Diluted:
2012		$.36		$.36		$.43		$.45
2011		$.32		$.32		$.38		$.35

OPERATING SEGMENTS (Tables)

12 Months Ended

Oct. 31, 2012

Operating Segments (Tables) [Abstract]

Schedule of Segment Reporting Information by Segment [Table Text Block]

Information on the Company’s two operating segments, the FSG and the ETG, for each of the last three fiscal years ended October 31 is as follows (in thousands):



	Segment				Other, Primarily Corporate and Intersegment			Consolidated Totals
	FSG		ETG		Other, Primarily Corporate and Intersegment			Consolidated Totals
Year ended October 31, 2012:
Net sales		$570,325		$331,598		($4,576	)		$897,347
Depreciation and amortization	10,451		19,365		840			30,656
Operating income	103,943		77,438		(18,087		)	163,294
Capital expenditures	7,045		7,248		969			15,262
Total assets	487,188		636,660		68,998			1,192,846

Year ended October 31, 2011:
Net sales		$539,563		$227,771		($2,443	)		$764,891
Depreciation and amortization	10,661		7,502		380			18,543
Operating income	95,001		59,465		(16,035		)	138,431
Capital expenditures	6,866		2,543		37			9,446
Total assets	458,624		429,869		52,576			941,069

Year ended October 31, 2010:
Net sales		$412,337		$205,648		($965	)		$617,020
Depreciation and amortization	9,899		7,308		390			17,597
Operating income	67,896		56,126		(14,849		)	109,173
Capital expenditures	7,343		1,502		32			8,877
Total assets	410,666		328,577		42,400			781,643

Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block]

The composition of the Company’s net sales to customers located in the United States of America and to those in other countries for each of the last three fiscal years ended October 31 is as follows (in thousands):



	Year ended October 31,
	2012		2011		2010
United States of America		$596,922		$507,237		$423,916
Other countries	300,425		257,654		193,104
Total		$897,347		$764,891		$617,020

- Definition

Tabular disclosure of the names of foreign countries from which revenue is material and the amount of revenue from external customers attributed to those countries. An entity may also provide subtotals of geographic information about groups of countries.

+ References+ Details

COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Oct. 31, 2012

Commitments and Contingencies (Tables) [Abstract]

Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]

Future minimum payments under non-cancelable operating leases for the next five fiscal years and thereafter are estimated to be as follows (in thousands):



Year ending October 31,
2013		$7,320
2014	6,477
2015	6,259
2016	5,461
2017	4,178
Thereafter	5,406
Total minimum lease commitments		$35,101

Schedule of Product Warranty Liability [Table Text Block]

Changes in the Company’s product warranty liability in fiscal 2012 and 2011 are as follows (in thousands):



	Year ended October 31,
	2012			2011
Balances as of beginning of year		$2,231			$1,636
Accruals for warranties	1,621			1,693
Warranty claims settled	(1,299		)	(1,098		)
Acquired warranty liabilities	18			—
Balances as of end of year		$2,571			$2,231

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textuals)	12 Months Ended						12 Months Ended
	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2010	Apr. 25, 2012	Apr. 26, 2011	Apr. 27, 2010	Oct. 31, 2012 Minimum [Member] Customer Relationships [Member]	Oct. 31, 2012 Minimum [Member] Intellectual Property [Member]	Oct. 31, 2012 Minimum [Member] Licensing Agreements [Member]	Oct. 31, 2012 Minimum [Member] Noncompete Agreements [Member]	Oct. 31, 2012 Minimum [Member] Patents [Member]	Oct. 31, 2012 Minimum [Member] Trade Names [Member]	Oct. 31, 2012 Minimum [Member] Building and Building Improvements [Member]	Oct. 31, 2012 Minimum [Member] Leasehold Improvements [Member]	Oct. 31, 2012 Minimum [Member] Other Machinery and Equipment [Member]	Oct. 31, 2012 Minimum [Member] Tools, Dies and Molds [Member]	Oct. 31, 2012 Maximum [Member] Customer Relationships [Member]	Oct. 31, 2012 Maximum [Member] Intellectual Property [Member]	Oct. 31, 2012 Maximum [Member] Licensing Agreements [Member]	Oct. 31, 2012 Maximum [Member] Noncompete Agreements [Member]	Oct. 31, 2012 Maximum [Member] Patents [Member]	Oct. 31, 2012 Maximum [Member] Trade Names [Member]	Oct. 31, 2012 Maximum [Member] Building and Building Improvements [Member]	Oct. 31, 2012 Maximum [Member] Leasehold Improvements [Member]	Oct. 31, 2012 Maximum [Member] Other Machinery and Equipment [Member]	Oct. 31, 2012 Maximum [Member] Tools, Dies and Molds [Member]	Oct. 31, 2012 Lufthansa Technik Ag [Member]	Oct. 31, 2012 Joint Venture [Member]	Dec. 31, 2010 Blue Aerospace [Member]	Oct. 31, 2012 Subsidiary of Electronic Technologies Group [Member] Subsidiary One [Member]	Oct. 31, 2012 Aerospace Holdings Corp. [Member] Subsidiary One [Member]	Oct. 31, 2012 Aerospace Holdings Corp. [Member] Subsidiary Two [Member]	Oct. 31, 2012 Aerospace Holdings Corp. [Member] Subsidiary Three [Member]	Oct. 31, 2012 Aerospace Holdings Corp. [Member] Subsidiary Four [Member]	Oct. 31, 2012 Electronic Technologies Group [Member] Subsidiary One [Member]	Oct. 31, 2012 Electronic Technologies Group [Member] Subsidiary Two [Member]	Oct. 31, 2012 Electronic Technologies Group [Member] Subsidiary Three [Member]	Oct. 31, 2012 Flight Support Corp [Member] Subsidiary One [Member]	Oct. 31, 2012 Flight Support Corp [Member] Subsidiary Two [Member]
Percentage of interest owned by noncontrolling shareholders																											20.00%	84.00%	19.90%
Noncontrolling Interest, Ownership Percentage by HEICO																														78.00%	80.10%	80.10%	82.30%	86.70%	80.10%	82.50%	95.90%	80.10%	84.00%
Stock Dividend Percentage Rate				25.00%	25.00%	25.00%
Stockholders' Equity Note, Stock Split	All applicable share and per share information has been adjusted retrospectively to give effect to the 5-for-4 stock splits.
Property, Plant and Equipment, Useful Life													15 years	2 years	3 years	2 years							40 years	20 years	10 years	5 years
Finite-Lived Intangible Asset, Useful Life							5 years	6 years	10 years	2 years	5 years	5 years					10 years	15 years	17 years	7 years	19 years	10 years
Net Sales Recognized Percentage Of Completion Method	1.00%	1.00%	2.00%

- Definition

Description of the stock split arrangement. Also provide the retroactive effect given by a stock split that occurs after the balance date but before the release of financial statements.

+ References+ Details

ACQUISITIONS (Details) (USD $) In Thousands, unless otherwise specified	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2010
Switchcraft Inc [Member]
Assets acquired:
Goodwill	$ 73,405
Identifiable Intangible Assets	72,500
Inventories	13,086
Property, plant and equipment	10,884
Accounts receivable	6,123
Other assets	1,358
Total assets acquired, excluding cash	177,356
Liabilities assumed:
Deferred Income Taxes	30,244
Accrued Expenses	2,252
Accounts Payable	1,889
Other Liabilities	258
Total liabilities assumed	34,643
Assets Acquired (Liabilities Assumed), Net	142,713
Other Acquisitions [Member]
Assets acquired:
Goodwill	18,607	49,575	12,972
Identifiable Intangible Assets	21,831	40,187	15,400
Inventories	4,587	16,847	3,184
Property, plant and equipment	1,353	10,206	573
Accounts receivable	4,393	9,072	6,685
Other assets	171	1,639	24
Total assets acquired, excluding cash	50,942	127,526	38,838
Liabilities assumed:
Accrued additional purchase consideration	11,984	5,738	910
Deferred Income Taxes	0	7,423	0
Accrued Expenses	645	7,634	1,553
Accounts Payable	445	7,555	1,489
Other Liabilities	0	5,184	0
Total liabilities assumed	13,074	33,534	3,952
Noncontrolling interests in consolidated subsidiaries	3,918	5,921	0
Assets Acquired (Liabilities Assumed), Net	$ 33,950	$ 88,071	$ 34,886

ACQUISITIONS ACQUISITIONS (Details 1) (USD $) In Thousands, except Per Share data, unless otherwise specified	12 Months Ended
	Oct. 31, 2011
Business Acquisition [Line Items]
Pro Forma Revenue	$ 824,767
Pro Forma Net income from consolidated operations	100,842
Pro Forma Net Income (Loss) Attributable to HEICO	$ 78,209
Pro Forma Earnings Per Share, Basic	$ 1.50
Pro Forma Earnings Per Share, Diluted	$ 1.47

- Definition

The pro forma basic net income per share for a period as if the business combination or combinations had been completed at the beginning of a period.

+ References+ Details

- Definition

The pro forma diluted net income per share for a period as if the business combination or combinations had been completed at the beginning of a period.

+ References+ Details

ACQUISITIONS (Details Textuals) (USD $)	3 Months Ended								12 Months Ended			1 Months Ended	12 Months Ended	1 Months Ended					0 Months Ended	1 Months Ended		1 Months Ended			12 Months Ended				12 Months Ended
ACQUISITIONS (Details Textuals) (USD $)	Oct. 31, 2012	Jul. 31, 2012	Apr. 30, 2012	Jan. 31, 2012	Oct. 31, 2011	Jul. 31, 2011	Apr. 30, 2011	Jan. 31, 2011	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2010	Nov. 22, 2011 Switchcraft Inc [Member]	Oct. 31, 2012 Switchcraft Inc [Member]	Feb. 28, 2010 Db Control [Member]	Dec. 31, 2010 Blue Aerospace [Member]	Sep. 30, 2011 3 D Plus [Member]	Mar. 19, 2012 Ramona Research Inc [Member]	Oct. 31, 2012 Ramona Research Inc [Member]	Apr. 13, 2012 Moritz Aerospace Inc [Member]	Aug. 31, 2012 CSI Aerospace [Member]	Aug. 01, 2012 CSI Aerospace [Member]	Oct. 31, 2012 Action Research Corporation [Member]	Oct. 05, 2012 Action Research Corporation [Member]	Oct. 31, 2012 FY12 Acquisitions [Member]	Oct. 31, 2012 Electronic Technologies Group [Member]	Oct. 31, 2011 Electronic Technologies Group [Member]	Oct. 31, 2010 Electronic Technologies Group [Member]	Oct. 31, 2009 Electronic Technologies Group [Member]	Oct. 31, 2012 Electronic Technologies Group [Member] 3 D Plus [Member]
Business Acquisition [Line Items]
Date on which the acquirer obtains control of the acquiree												Nov. 22, 2011		Feb. 28, 2010	Dec. 31, 2010	Sep. 30, 2011	Mar. 31, 2012		Apr. 30, 2012	Aug. 31, 2012		Oct. 31, 2012
Acquisition of interest in the subsidiary															80.10%						84.00%	80.10%	80.10%
Name of the entity in which interest is owned												Switchcraft, Inc.		dB Control Corp.	Blue Aerospace LLC	3D Plus SA	Ramona Research, Inc.		Moritz Aerospace, Inc.	CSI Aerospace, Inc.		Action Research Corporation
Business Acquisition, Cost of Acquired Entity, Purchase Price												$ 142,700,000
Description of the acquired entity												Switchcraft is a leading designer and manufacturer of high performance, high reliability and harsh environment electronic connectors and other interconnect products.		dB Control Corp. produces high-power devices used in both defense and commercial applications.	Blue Aerospace is a supplier, distributor, and integrator of military aircraft parts and support services primarily to foreign military organizations allied with the United States.	3D Plus is a leading designer and manufacturer of three-dimensional microelectronic and stacked memory products used predominately in satellites and also utilized in medical equipment.	Ramona Research designs and manufactures RF and microwave amplifiers, transmitters and receivers primarily used to support military communications on unmanned aerial systems, other aircraft, helicopters and ground-based data/communications systems.		The Moritz Aerospace product line designs and manufactures next generation wireless cabin control systems, solid state power distribution and management systems and fuel level sensing systems for business jets and for general aviation, as well as for the military/defense market segments.	CSI Aerospace is a leading repair and overhaul provider of specialized components for airlines, military and other aerospace related organizations.		Action Research is an FAA-Approved Repair Station that has developed unique proprietary repairs that extend the lives of certain engine and airframe components.
Sales Revenues Net	242,409,000	225,969,000	216,314,000	212,655,000	208,919,000	197,267,000	184,486,000	174,219,000	897,347,000	764,891,000	617,020,000		54,600,000
Net Income	23,791,000	23,128,000	19,043,000	19,185,000	18,514,000	20,402,000	16,830,000	17,074,000	85,147,000	72,820,000	54,938,000		3,600,000
Percentage of interest owned by noncontrolling shareholders															19.90%						16.00%		19.90%
Business Acquisition, Contingent Consideration, at Fair Value																	10,800,000
Additional Purchase Consideration Paid									10,822,000	2,480,000															15,100,000	6,600,000	4,200,000		5,500,000
Accrued Additional Purchase Consideration From Prior Acquisition	2,917,000				11,016,000				2,917,000	11,016,000														1,200,000		4,800,000	4,100,000	1,800,000
Estimate To Acquire Additional Purchase Consideration																	$ 14,600,000	$ 14,600,000

SELECTED FINANCIAL STATEMENT INFORMATION (Details) (USD $) In Thousands, unless otherwise specified	Oct. 31, 2012	Oct. 31, 2011
Accounts receivable	$ 124,548	$ 109,081
Less: Allowance for doubtful accounts	(2,334)	(2,667)
Accounts receivable, net	$ 122,214	$ 106,414

SELECTED FINANCIAL STATEMENT INFORMATION (Details 1) (USD $) In Thousands, unless otherwise specified	Oct. 31, 2012	Oct. 31, 2011
Costs incurred on uncompleted contracts	$ 6,673	$ 4,443
Estimated earnings	6,235	4,206
Total cost incurred and estimated earnings on uncompleted percentage-of completed contracts	12,908	8,649
Less: Billings to date	(7,426)	(4,876)
Costs in Excess of Billings on Uncompleted Contracts or Programs	$ 5,482	$ 3,773

- Definition

Total amount included in cost of uncompleted contracts in excess of related billings, or unbilled accounts receivable.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 605

-SubTopic 35

-Section 45

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6802688&loc=d3e57807-111642

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 605

-SubTopic 35

-Section 45

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6802688&loc=d3e57795-111642

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 45

-Paragraph 12

-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 Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.3(c)(3))

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 912

-SubTopic 310

-Section 45

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6471842&loc=d3e55302-109406

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 43

-Section A

-Paragraph 4, 21

-Chapter 11

-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 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 3

-Subparagraph c(2), c(3), c(4)

-Article 5

+ Details

SELECTED FINANCIAL STATEMENT INFORMATION (Details 2) (USD $) In Thousands, unless otherwise specified	Oct. 31, 2012	Oct. 31, 2011
Finished products	$ 93,873	$ 86,487
Work in process	18,887	19,708
Materials, parts, assemblies and supplies	69,042	52,173
Contracts-in-process	8,299	8,291
Less: Billings to date	(397)	(1,692)
Inventories, net of valuation reserves	$ 189,704	$ 164,967

- Definition

Carrying amount, net of reserves and adjustments, as of the balance sheet date of merchandise or goods which are partially completed. This inventory is generally comprised of raw materials, labor and factory overhead costs, which require further materials, labor and overhead to be converted into finished goods, and which generally require the use of estimates to determine percentage complete and pricing.

+ References+ Details

SELECTED FINANCIAL STATEMENT INFORMATION (Details 3) (USD $) In Thousands, unless otherwise specified	Oct. 31, 2012	Oct. 31, 2011
Land	$ 4,505	$ 3,825
Buildings and improvements	54,322	46,892
Machinery, equipment and tooling	109,041	94,297
Construction in progress	5,599	3,671
Property, plant and equipment, gross	173,467	148,685
Less: Accumulated depreciation and amortization	(92,949)	(81,611)
Property, plant and equipment, net	$ 80,518	$ 67,074

- Definition

The cumulative amount of depreciation, depletion and amortization (related to property, plant and equipment, but not including land) that has been recognized in the income statement.

+ References+ Details

- Definition

Gross amount of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.

+ References+ Details

- Definition

Amount, net of accumulated depreciation, depletion and amortization, of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.

+ References+ Details

SELECTED FINANCIAL STATEMENT INFORMATION (Details 4) (USD $) In Thousands, unless otherwise specified	Oct. 31, 2012	Oct. 31, 2011
Accrued employee compensation and related payroll taxes	$ 41,307	$ 39,330
Accrued customer rebates and credits	10,833	9,595
Accrued additional purchase consideration	2,917	11,016
Deferred revenue	6,442	3,195
Other	14,742	13,240
Accrued expenses and other current liabilities	$ 76,241	$ 76,376

- Definition

The carrying amount of consideration received or receivable as of the balance sheet date on potential earnings that were not recognized as revenue in conformity with GAAP, and which are expected to be recognized as such within one year or the normal operating cycle, if longer, including sales, license fees, and royalties, but excluding interest income.

+ References+ Details

SELECTED FINANCIAL STATEMENT INFORMATION (Details Textuals) (USD $)	12 Months Ended
	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2010
Tooling costs	$ 6,000,000	$ 3,900,000
Amortization expense on capitalized tooling	2,100,000	2,100,000	1,900,000
Assets under capital lease	5,200,000	4,300,000
Assets under capital lease, accumulated depreciation	600,000	100,000
Depreciation and amortization expense on property, plant and equipment excluding tooling	11,600,000	8,600,000	8,700,000
Total customer rebates and credits deducted within net sales	2,800,000	8,700,000	8,900,000
Contributions to the plan charged	3,800,000	3,600,000	2,900,000
Deferred compensation plans	41,333,000	31,087,000
Employee related deferred compensation plans, specified as other long-term liabilities	40,800,000	30,800,000
Other Deferred Compensation Plan [Member]
Employee related deferred compensation plans, specified as other long-term liabilities	4,200,000	4,100,000
Leadership Compensation Plan [Member]
Employee related deferred compensation plans, specified as other long-term liabilities	36,500,000	26,700,000
Corporate Owned Life Insurance [Member]
Deferred compensation plans	$ 37,086,000	$ 26,989,000

- Definition

Property, plant, or equipment held under lease agreements classified as an asset.

+ References+ Details

- Definition

The total charge for the use of long-lived depreciable assets subject to a lease meeting the criteria for capitalization.

+ References+ Details

GOODWILL AND OTHER INTANGIBLE ASSETS (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Oct. 31, 2012	Oct. 31, 2011
Goodwill [Roll Forward]
Balances	$ 443,402	$ 385,016
Goodwill acquired	92,012	48,968
Accrued additional purchase consideration		4,849
Adjustments to Goodwill	10,822	2,480
Foreign currency translation adjustments	(4,122)	2,089
Balances	542,114	443,402
Flight Support Group [Member]
Goodwill [Roll Forward]
Balances	192,357	188,459
Goodwill acquired	10,873	3,898
Accrued additional purchase consideration		0
Adjustments to Goodwill	309	0
Foreign currency translation adjustments	0	0
Balances	203,539	192,357
Electronic Technologies Group [Member]
Goodwill [Roll Forward]
Balances	251,045	196,557
Goodwill acquired	81,139	45,070
Accrued additional purchase consideration		4,849
Adjustments to Goodwill	10,513	2,480
Foreign currency translation adjustments	(4,122)	2,089
Balances	$ 338,575	$ 251,045

- Definition

Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 141R

-Paragraph 68

-Subparagraph l

-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 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 20

-Section 45

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6388280&loc=d3e13770-109266

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 142

-Paragraph 45

-Subparagraph e

-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 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 142

-Paragraph 43

-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 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 141R

-Paragraph 72

-Subparagraph d

-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 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 142

-Paragraph 45

-Subparagraph e

-Clause 1

-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 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 141R

-Paragraph 34

-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

- Definition

The aggregate amount of goodwill acquired in the period and allocated to the reportable segment. The value is stated at fair value based on the purchase price allocation.

+ References+ Details

GOODWILL AND OTHER INTANGIBLE ASSETS (Details 1) (USD $) In Thousands, unless otherwise specified	Oct. 31, 2012	Oct. 31, 2011
Acquired Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 150,659	$ 75,836
Accumulated Amortization	(32,858)	(22,915)
Amortizing Net Carrying Amount	117,801	52,921
Total Gross Carrying Amount	187,182	101,072
Total Net Carrying Amount	154,324	78,157
Trade Names [Member]
Acquired Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Non-Amortizing Gross Carrying Amount	36,523	25,236
Non-Amortizing Net Carrying Amount	36,523	25,236
Customer Relationships [Member]
Acquired Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Gross Carrying Amount	102,172	51,934
Accumulated Amortization	(24,038)	(18,085)
Amortizing Net Carrying Amount	78,134	33,849
Intellectual Property [Member]
Acquired Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Gross Carrying Amount	43,093	18,493
Accumulated Amortization	(5,738)	(2,236)
Amortizing Net Carrying Amount	37,355	16,257
Licensing Agreements [Member]
Acquired Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Gross Carrying Amount	2,900	2,900
Accumulated Amortization	(1,117)	(854)
Amortizing Net Carrying Amount	1,783	2,046
Noncompete Agreements [Member]
Acquired Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Gross Carrying Amount	1,339	1,364
Accumulated Amortization	(1,320)	(1,203)
Amortizing Net Carrying Amount	19	161
Patents [Member]
Acquired Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Gross Carrying Amount	589	576
Accumulated Amortization	(309)	(313)
Amortizing Net Carrying Amount	280	263
Trade Names [Member]
Acquired Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Gross Carrying Amount	566	569
Accumulated Amortization	(336)	(224)
Amortizing Net Carrying Amount	$ 230	$ 345

GOODWILL AND OTHER INTANGIBLE ASSETS (Details Textuals) (USD $)	12 Months Ended
	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2010
Acquired Indefinite-lived Intangible Assets [Line Items]
Amortization expense related to intangible assets	$ 16,200,000	$ 7,600,000	$ 6,800,000
Estimated Amortization expense related to intangible assets, year one	17,700,000
Estimated Amortization expense related to intangible assets, year two	17,000,000
Estimated Amortization expense related to intangible assets, year three	15,400,000
Estimated Amortization expense related to intangible assets, year four	14,000,000
Estimated Amortization expense related to intangible assets, year five	13,300,000
Estimated Amortization expense related to intangible assets, year, there after	40,400,000
Goodwill recognized expected tax deductible amount	21,000,000	57,000,000
Impairment of intangible assets	0	4,987,000	1,438,000
Customer Relationships [Member]
Acquired Indefinite-lived Intangible Assets [Line Items]
Weighted average amortization period (in years)	9 years
Impairment of intangible assets		4,300,000	1,100,000
Intellectual Property [Member]
Acquired Indefinite-lived Intangible Assets [Line Items]
Weighted average amortization period (in years)	11 years
Impairment of intangible assets		500,000
Trade Names [Member]
Acquired Indefinite-lived Intangible Assets [Line Items]
Impairment of intangible assets		$ 200,000	$ 300,000

LONG-TERM DEBT (Details) (USD $) In Thousands, unless otherwise specified	Oct. 31, 2012	Oct. 31, 2011
Borrowings under revolving credit facility	$ 127,000	$ 36,000
Capital leases and notes payable	4,820	4,158
Total debt and capital leases	131,820	40,158
Less: Current maturities of long-term debt	(626)	(335)
Long-term debt, net of current maturities	$ 131,194	$ 39,823

LONG-TERM DEBT (Details 1) (USD $) In Thousands, unless otherwise specified	Oct. 31, 2012
Lease payments in year one	$ 793
Lease payments in year two	689
Lease payments in year three	553
Lease payments in year four	507
Lease payments in year five	422
Thereafter	2,136
Total minimum lease payments	5,100
Less: amount representing interest	(863)
Present value of minimum lease payments	$ 4,237

- Definition

Amount necessary to reduce net minimum lease payments to present value for capital leases.

+ References+ Details

LONG-TERM DEBT (Details Textuals) (USD $)			60 Months Ended			60 Months Ended			60 Months Ended
LONG-TERM DEBT (Details Textuals) (USD $)	Oct. 31, 2012	Oct. 31, 2011	Dec. 14, 2017 New Credit Facility [Member]	Dec. 14, 2011 New Credit Facility [Member]	Dec. 14, 2011 Old Credit Facility [Member]	Dec. 14, 2017 New Credit Facility Libor Rate [Member]	Dec. 14, 2017 New Credit Facility Base Rate [Member]	Dec. 14, 2011 Foreign Currency [Member] New Credit Facility [Member]	Dec. 14, 2017 Minimum [Member] New Credit Facility [Member]	Dec. 14, 2017 Maximum [Member] New Credit Facility [Member]
Debt Instrument [Line Items]
Long-term debt maturing in next twelve months	$ 100,000
Long term debt maturing in year two	100,000
Long-term Debt, Maturities, Repayments of Principal in Year Three	100,000
Long-term Debt, Maturities, Repayments of Principal in Year Four	200,000
Long-term Debt, Maturities, Repayments of Principal in Year Five	127,200,000
Maximum amount of borrowing capacity and limit availability under the revolving credit facility				670,000,000	300,000,000			50,000,000
Line of credit facility, interest rate description			Advances under the New Credit Facility accrue interest at the Company’s choice of the “Base Rate” or the London Interbank Offered Rate (“LIBOR”) plus applicable margins (based on the Company’s ratio of total funded debt to earnings before interest, taxes, depreciation and amortization, noncontrolling interests and non-cash charges, or “leverage ratio”). The Base Rate is the highest of (i) the Prime Rate; (ii) the Federal Funds rate plus .50% per annum; and (iii) the Adjusted LIBO Rate determined on a daily basis for an Interest Period of one month plus 1.00% per annum, as such capitalized terms are defined in the New Credit Facility.
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum						0.75%	0.00%
Line of credit facility interest rate range maximum						2.25%	1.25%
Line of credit facility, unused capacity, commitment fee percentage minimum									0.125%	0.35%
Borrowings under revolving credit facility	127,000,000	36,000,000
Weighted average interest rate	1.20%	0.90%
Line of Credit Facility, Expiration Date			Dec. 15, 2017
Extension To Maximum Borrowing Capacity				130,000,000
Maximum Borrowing Capacity Option				$ 800,000,000

INCOME TAXES (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2010
Current:
Federal	$ 48,461	$ 38,002	$ 29,180
State	7,516	4,008	4,659
Foreign	1,357	861	1,044
Current income tax expense	57,334	42,871	34,883
Deferred	(2,834)	29	1,817
Income tax expense	$ 54,500	$ 42,900	$ 36,700

- Definition

The component of income tax expense for the period representing amounts paid or payable (or refundable) as determined by applying the provisions of enacted federal tax law to the domestic taxable Income or Loss from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SAB TOPIC 6.I.7)

-URI http://asc.fasb.org/extlink&oid=6889476&loc=d3e330036-122817

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Current Tax Expense (or Benefit)

-URI http://asc.fasb.org/extlink&oid=6509736

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 9

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(h))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 109

-Paragraph 45

-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 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Paragraph h

-Article 4

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 109

-Paragraph 289

-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 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 6

-Section I

-Paragraph Question 1-7

+ Details

- Definition

The component of income tax expense for the period representing amounts paid or payable (or refundable) as determined by applying the provisions of foreign enacted tax law to the foreign taxable Income or Loss from continuing operations.

+ References+ Details

- Definition

The component of income tax expense for the period representing amounts of income taxes paid or payable (or refundable) for the period for all income tax obligations as determined by applying the provisions of relevant enacted tax laws to relevant amounts of taxable Income or Loss from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SAB TOPIC 6.I.7)

-URI http://asc.fasb.org/extlink&oid=6889476&loc=d3e330036-122817

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Current Tax Expense (or Benefit)

-URI http://asc.fasb.org/extlink&oid=6509736

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 9

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(h))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Paragraph h

-Article 4

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 6

-Section I

-Subsection 7

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 109

-Paragraph 289

-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 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 109

-Paragraph 45

-Subparagraph a

-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

- Definition

The component of income tax expense for the period representing amounts paid or payable (or refundable) as determined by applying the provisions of enacted state and local tax law to relevant amounts of taxable Income or Loss from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SAB TOPIC 6.I.7)

-URI http://asc.fasb.org/extlink&oid=6889476&loc=d3e330036-122817

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Current Tax Expense (or Benefit)

-URI http://asc.fasb.org/extlink&oid=6509736

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 9

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(h))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 109

-Paragraph 45

-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 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Paragraph h

-Article 4

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 6

-Section I

-Subsection 7

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 109

-Paragraph 289

-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

- Definition

The component of income tax expense for the period representing the increase (decrease) in the entity's deferred tax assets and liabilities pertaining to continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-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 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SAB TOPIC 6.I.7)

-URI http://asc.fasb.org/extlink&oid=6889476&loc=d3e330036-122817

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(h))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Paragraph h

-Article 4

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 6

-Section I

-Subsection 7

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 109

-Paragraph 289

-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 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Deferred Tax Expense (or Benefit)

-URI http://asc.fasb.org/extlink&oid=6510177

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 9

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 109

-Paragraph 45

-Subparagraph b

-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

- Definition

The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations.

+ References+ Details

INCOME TAXES (Details 1)	12 Months Ended
INCOME TAXES (Details 1)	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2010
Federal statutory income tax rate	35.00%	35.00%	35.00%
State taxes, less applicable federal income tax reduction	3.10%	1.80%	3.20%
Net tax benefit on noncontrolling interests' share of income	(1.70%)	(2.50%)	(2.60%)
Net tax benefit on qualified research and development activities	(1.70%)	(2.70%)	(1.00%)
Net tax benefit on qualified domestic production activities	(1.30%)	(1.00%)	(0.80%)
Other, net	0.40%	0.40%	(0.10%)
Effective tax rate	33.80%	31.00%	33.70%

- Definition

A ratio calculated by dividing the reported amount of income tax expense attributable to continuing operations for the period by GAAP-basis pretax income from continuing operations.

+ References+ Details

- Definition

The domestic federal statutory tax rate applicable under enacted tax laws to the Company's pretax income from continuing operations for the period. The "statutory" tax rate is the regular tax rate if there are alternative tax systems.

+ References+ Details

INCOME TAXES (Details 2) (USD $) In Thousands, unless otherwise specified	Oct. 31, 2012	Oct. 31, 2011
Deferred tax assets:
Inventories	$ 18,536	$ 15,581
Deferred compensation liability	15,805	11,708
Foreign R and D carryforward and credit	3,432	3,277
Bonus accrual	2,671	2,373
Stock option compensation	3,151	1,947
Capital lease obligation	1,412	1,354
Allowance for doubtful accounts receivable	778	973
Vacation accrual	1,288	877
Warranty reserve	871	793
Customer rebates accrual	2,029	616
Other	2,119	2,986
Total deferred tax assets	52,092	42,485
Deferred tax liabilities:
Intangible asset amortization	(102,829)	(68,601)
Accelerated depreciation	(8,950)	(7,069)
Other	(712)	(1,054)
Total deferred tax liabilities	(112,491)	(76,724)
Net deferred tax liability	$ (60,399)	$ (34,239)

INCOME TAXES (Details 3) (USD $) In Thousands, unless otherwise specified	Oct. 31, 2012	Oct. 31, 2011
Current asset	$ 27,545	$ 22,286
Long-term asset	2,492	2,374
Long-term liability	(90,436)	(58,899)
Net deferred tax liability	$ (60,399)	$ (34,239)

- Definition

Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards expected to be realized or consumed within one year or operating cycle, if longer.

+ References+ Details

- Definition

Amount after allocation of valuation allowances of noncurrent deferred tax asset attributable to deductible temporary differences and carryforwards. Noncurrent assets are expected to be realized or consumed after one year (or the normal operating cycle, if longer).

+ References+ Details

- Definition

Amount of deferred tax liability attributable to taxable temporary differences, net of deferred tax asset attributable to deductible temporary differences and carryforwards net of valuation allowances expected to be realized or consumed after one year (or the normal operating cycle, if longer).

+ References+ Details

INCOME TAXES (Details 4) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Oct. 31, 2012	Oct. 31, 2011
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balances as of beginning of year	$ 1,834	$ 2,306
Increases related to prior year tax positions	1,281	50
Decreases related to prior year tax positions	(240)	(482)
Increases related to current year tax positions	299	393
Settlements	(52)	(56)
Lapse of statutes of limitations	(595)	(377)
Balances as of end of year	$ 2,527	$ 1,834

INCOME TAXES (Details Textuals) (USD $)	3 Months Ended		12 Months Ended
INCOME TAXES (Details Textuals) (USD $)	Jul. 31, 2012	Jul. 31, 2011	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2010
Income Tax Reconciliation, Tax Credits, Research	$ 900,000	$ 900,000
Net deferred tax liability			60,399,000	34,239,000
Balances as of beginning of year			2,527,000	1,834,000	2,306,000
Unrecognized tax benefits that would impact effective tax rate			1,700,000	1,500,000
Unrecognized Tax Benefits Net			2,300,000
Unrecognized tax benefits, income tax penalties accrued			300,000
Unrecognized Tax Benefits, Interest on Income Taxes Expense			200,000
Liability impact from research and development and state tax returns			1,000,000
Unrecognized Tax Benefits, Interest on Income Taxes Accrued			400,000
Unrecognized Tax Benefits, Income Tax Penalties Expense			200,000
Aggregate Net Income Impact From Tax Related Items, Net of Expenses		2,000,000
Net Income Impact From Filing Amended Tax Returns, Net Of Expenses		$ 900,000
Effective Income Tax Rate, Continuing Operations			33.80%	31.00%	33.70%

FAIR VALUE MEASUREMENTS (Details) (USD $)	Oct. 31, 2012	Oct. 31, 2011
Assets:
Deferred compensation plans	$ 41,333,000	$ 31,087,000
Liabilities
Contingent consideration	10,897,000	0
Corporate owned life insurance [Member]
Assets:
Deferred compensation plans	37,086,000	26,989,000
Equity securities [Member]
Assets:
Deferred compensation plans	991,000	1,150,000
Money market funds and cash [Member]
Assets:
Deferred compensation plans	1,122,000	920,000
Mutual funds [Member]
Assets:
Deferred compensation plans	1,154,000	1,004,000
Other [Member]
Assets:
Deferred compensation plans	980,000	1,024,000
Fair Value, Inputs, Level 1 [Member]
Assets:
Deferred compensation plans	3,267,000	3,074,000
Liabilities
Contingent consideration	0	0
Fair Value, Inputs, Level 1 [Member] \| Corporate owned life insurance [Member]
Assets:
Deferred compensation plans	0	0
Fair Value, Inputs, Level 1 [Member] \| Equity securities [Member]
Assets:
Deferred compensation plans	991,000	1,150,000
Fair Value, Inputs, Level 1 [Member] \| Money market funds and cash [Member]
Assets:
Deferred compensation plans	1,122,000	920,000
Fair Value, Inputs, Level 1 [Member] \| Mutual funds [Member]
Assets:
Deferred compensation plans	1,154,000	1,004,000
Fair Value, Inputs, Level 1 [Member] \| Other [Member]
Assets:
Deferred compensation plans	0	0
Fair Value, Inputs, Level 2 [Member]
Assets:
Deferred compensation plans	37,528,000	27,440,000
Liabilities
Contingent consideration	0	0
Fair Value, Inputs, Level 2 [Member] \| Corporate owned life insurance [Member]
Assets:
Deferred compensation plans	37,086,000	26,989,000
Fair Value, Inputs, Level 2 [Member] \| Equity securities [Member]
Assets:
Deferred compensation plans	0	0
Fair Value, Inputs, Level 2 [Member] \| Money market funds and cash [Member]
Assets:
Deferred compensation plans	0	0
Fair Value, Inputs, Level 2 [Member] \| Mutual funds [Member]
Assets:
Deferred compensation plans	0	0
Fair Value, Inputs, Level 2 [Member] \| Other [Member]
Assets:
Deferred compensation plans	442,000	451,000
Fair Value, Inputs, Level 3 [Member]
Assets:
Deferred compensation plans	538,000	573,000
Liabilities
Contingent consideration	10,897,000	0
Fair Value, Inputs, Level 3 [Member] \| Corporate owned life insurance [Member]
Assets:
Deferred compensation plans	0	0
Fair Value, Inputs, Level 3 [Member] \| Equity securities [Member]
Assets:
Deferred compensation plans	0	0
Fair Value, Inputs, Level 3 [Member] \| Money market funds and cash [Member]
Assets:
Deferred compensation plans	0	0
Fair Value, Inputs, Level 3 [Member] \| Mutual funds [Member]
Assets:
Deferred compensation plans	0	0
Fair Value, Inputs, Level 3 [Member] \| Other [Member]
Assets:
Deferred compensation plans	$ 538,000	$ 573,000

FAIR VALUE MEASUREMENTS (Details 1) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2010
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, Assets	$ 573	$ 0
Contingent consideration related to acquisition	0
Reduction in value of contingent consideration	0	0
Purchases		550
Total unrealized gains	(35)	23
Balance, Assets	538	573	0
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, Liabilities	0	1,150
Change in value of contingent consideration	119	(1,150)	0
Contingent consideration related to acquisition	10,778
Purchases		0
Total unrealized gains	0	0
Balance, Liabilities	$ 10,897	$ 0	$ 1,150

FAIR VALUE MEASUREMENTS (Details 2) (USD $) In Thousands, unless otherwise specified									12 Months Ended
	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2012 Customer Relationships [Member]	Oct. 31, 2011 Customer Relationships [Member]	Oct. 31, 2012 Intellectual Property [Member]	Oct. 31, 2011 Intellectual Property [Member]	Oct. 31, 2012 Trade Names [Member]	Oct. 31, 2011 Trade Names [Member]	Oct. 31, 2011 Electronic Technologies Group [Member]	Oct. 31, 2011 Electronic Technologies Group [Member] Customer Relationships [Member]	Oct. 31, 2011 Electronic Technologies Group [Member] Intellectual Property [Member]	Oct. 31, 2011 Electronic Technologies Group [Member] Trade Names [Member]
Amortizing Net Carrying Amount	$ 117,801	$ 52,921	$ 78,134	$ 33,849	$ 37,355	$ 16,257	$ 230	$ 345		$ 7,848	$ 2,369	$ 3,400
Impairment Loss									(4,987)	(4,351)	(459)	(177)
Fair Value (Level 3)										$ 3,497	$ 1,910	$ 3,223

FAIR VALUE MEASUREMENTS (Details Textuals) (USD $)	12 Months Ended									12 Months Ended			12 Months Ended				12 Months Ended
FAIR VALUE MEASUREMENTS (Details Textuals) (USD $)	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2010	Oct. 31, 2012 Fair Value, Inputs, Level 3 [Member]	Oct. 31, 2011 Fair Value, Inputs, Level 3 [Member]	Oct. 31, 2012 Ramona Research Inc [Member]	Mar. 19, 2012 Ramona Research Inc [Member]	Mar. 19, 2012 Ramona Research Inc [Member] Fair Value, Inputs, Level 3 [Member]	Oct. 31, 2012 ETG Subsidiary One [Member]	Oct. 31, 2011 ETG Subsidiary One [Member] Fair Value, Inputs, Level 3 [Member]	Oct. 31, 2012 ETG Subsidiary One [Member] Fair Value, Inputs, Level 3 [Member]	Oct. 31, 2010 ETG Subsidiary One [Member] Fair Value, Inputs, Level 3 [Member]	Oct. 31, 2012 Minimum [Member]	Oct. 31, 2012 Maximum [Member]	Oct. 31, 2012 Short Term Portion [Member] Fair Value, Inputs, Level 3 [Member]	Oct. 31, 2012 Long Term Portion [Member] Fair Value, Inputs, Level 3 [Member]	Oct. 31, 2011 Electronic Technologies Group [Member]
Business Acquisition, Contingent Consideration [Line Items]
Impairment of intangible assets	$ 0	$ (4,987,000)	$ (1,438,000)														$ 5,000,000
Employee related deferred compensation plans, specified as other long-term liabilities	40,800,000	30,800,000
Obligation to pay additional Purchase consideration for acquiring a subsidiary that meets certain earnings objectives through fiscal 2012						14,600,000	14,600,000		2,000,000
Fair value of contingent consideration as of the acquisition date	10,897,000	0		10,897,000	0
Business Acquisition, Contingent Consideration, at Fair Value							10,800,000	10,800,000				1,200,000
Fair Value Contingent Consideration Reversal										1,200,000
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value	10,897,000	0	1,150,000							0	0
Fair Value Inputs, Long-term Revenue Growth Rate													(8.00%)	20.00%
Fair Value Inputs, Discount Rate	3.50%
Contingent Consideration At Fair Value															$ 1,700,000	$ 9,200,000

SHAREHOLDERS' EQUITY (Details Textuals) (USD $) In Millions, except Share data, unless otherwise specified					12 Months Ended
	Oct. 31, 2012	Apr. 25, 2012	Apr. 26, 2011	Apr. 27, 2010	Oct. 31, 2012 Common Stock [Member]	Oct. 31, 2011 Common Stock [Member]	Oct. 31, 2010 Common Stock [Member]	Oct. 31, 2012 Common Class A [Member]	Oct. 31, 2011 Common Class A [Member]	Oct. 31, 2010 Common Class A [Member]
Acquisition Rate that Makes Shareholder Rights Agreement Exercisable or Transferable	15.00%
Preferred stock, redemption price per share (in dollars per share)	$ 0.01
Repurchase of common stock, shares (in shares)					3,046	336,053	27,464	6,008	27,874	4,083
Repurchase of common stock, amounts (in dollars)					$ 0.1	$ 13.6	$ 0.6	$ 0.2	$ 0.7	$ 0.1
Stock dividend rate percentage		25.00%	25.00%	25.00%
Stock repurchase program, number of shares authorized to be repurchased (in shares)	2,001,450

- Definition

The price per share at which the preferred stock of an entity that has priority over common stock in the distribution of dividends and in the event of liquidation of the entity is redeemed or may be called at. The redemption features of this preferred stock are solely within the control of the issuer.

+ References+ Details

- Definition

Number of shares that have been repurchased during the period and have not been retired and are not held in treasury. Some state laws may govern the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock.

+ References+ Details

- Definition

Equity impact of the value of stock that has been repurchased during the period and has not been retired and is not held in treasury. Some state laws may mandate the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock.

+ References+ Details

STOCK OPTIONS (Details) (USD $)	12 Months Ended
STOCK OPTIONS (Details) (USD $)	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2010
Share-based Compensation Arrangement, Shares Available for Grant [Roll Forward]
Opening Balance Outstanding Shares (Shares Available For Grant)	1,667,000	2,258,000	2,590,000
Number of Shares Granted	(259,000)	(591,000)	(332,000)
Cancelled unissured shares (Shares Available For Grant)	(18,000)
Number of Shares Forfeited During the Period			0
Shares approved by Shareholders (Shares Available for Grant)	2,125,000
Expired unissued shares (Shares Available For Grant)	(1,603,000)
Ending Balance Outstanding Shares (Shares Available For Grant)	1,912,000	1,667,000	2,258,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding (Shares Under Option)	2,314,000	3,340,000	3,639,000
Granted (Shares Under Option)	259,000	591,000	332,000
Cancelled (Shares Under Option)		(3,000)	(1,000)
Exercised (Shares Under Option)	(254,000)	(1,614,000)	(630,000)
Outstanding (Shares Under Option)	2,319,000	2,314,000	3,340,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward]
Outstanding (in dollars per share)	$ 18.13	$ 9.68	$ 7.44
Granted (in dollars per share)	$ 31.21	$ 32.25	$ 26.15
Cancelled (in dollars per share)		$ 4.95	$ 6.98
Exercised (in dollars per share)	$ 4.03	$ 5.85	$ 5.39
Outstanding (in dollars per share)	$ 21.13	$ 18.13	$ 9.68

STOCK OPTIONS (Details 1) (USD $) In Thousands, except Per Share data, unless otherwise specified	12 Months Ended
	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2010	Oct. 31, 2009
Number Outstanding (in shares)	2,319	2,314	3,340	3,639
Outstanding Weighted Average Exercise Price (in dollars per share)	$ 21.13	$ 18.13	$ 9.68	$ 7.44
Outstanding Weighted Average Contractual Life (in years)	6 years 4 months 24 days
Outstanding Aggregated Intrinsic Value (in dollars)	$ 31,524
Number Exercisable (in shares)	1,109
Exercisable Weighted Average Exercise Price (in dollars per share)	$ 13.63
Exercisable Weighted Average Contractual Life (in years)	4 years 4 months 24 days
Exercisable Aggregate Intrinsic Value (in dollars)	23,847
Common Stock [Member]
Number Outstanding (in shares)	1,175
Outstanding Weighted Average Exercise Price (in dollars per share)	$ 22.55
Outstanding Weighted Average Contractual Life (in years)	6 years 4 months 24 days
Outstanding Aggregated Intrinsic Value (in dollars)	18,960
Number Exercisable (in shares)	632
Exercisable Weighted Average Exercise Price (in dollars per share)	$ 16.69
Exercisable Weighted Average Contractual Life (in years)	5 years 1 month 6 days
Exercisable Aggregate Intrinsic Value (in dollars)	13,866
Common Class A [Member]
Number Outstanding (in shares)	1,144
Outstanding Weighted Average Exercise Price (in dollars per share)	$ 19.66
Outstanding Weighted Average Contractual Life (in years)	6 years 6 months
Outstanding Aggregated Intrinsic Value (in dollars)	12,564
Number Exercisable (in shares)	477
Exercisable Weighted Average Exercise Price (in dollars per share)	$ 9.57
Exercisable Weighted Average Contractual Life (in years)	3 years 7 months
Exercisable Aggregate Intrinsic Value (in dollars)	$ 9,981

- Definition

The number of shares reserved for issuance under stock option agreements awarded under the plan that validly exist and are outstanding as of the balance sheet date, including vested options.

+ References+ Details

STOCK OPTIONS (Details 2) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2010
Cash proceeds from stock option exercises	$ 833	$ 2,167	$ 1,815
Tax benefit from stock option exercises	13,164	7,703	951
Intrinsic value of stock option exercises	$ 7,008	$ 48,952	$ 10,379

- Definition

Value of stock issued as a result of the exercise of stock options.

+ References+ Details

STOCK OPTIONS (Details 4) (USD $)	12 Months Ended
STOCK OPTIONS (Details 4) (USD $)	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2010
Expected option life (years)	10 years
Common Stock [Member]
Expected stock price volatility		41.17%	42.01%
Risk-free interest rate		1.64%	2.45%
Dividend yield		0.26%	0.27%
Forfeiture rate		0.00%	0.00%
Expected option life (years)		9 years	9 years
Weighted average fair value		$ 18.34	$ 14.28
Common Class A [Member]
Expected stock price volatility	40.11%	38.92%	39.57%
Risk-free interest rate	1.19%	2.74%	3.02%
Dividend yield	0.32%	0.33%	0.33%
Forfeiture rate	0.00%	0.00%	0.00%
Expected option life (years)	7 years	7 years	7 years
Weighted average fair value	$ 12.75	$ 11.56	$ 7.12

- Definition

The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period.

+ References+ Details

STOCK OPTIONS (Details Textuals) (USD $)	12 Months Ended
STOCK OPTIONS (Details Textuals) (USD $)	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2010	Oct. 31, 2009
Share-based Compensation Arrangement by Share-based Payment Award, Options, Expirations in Period	1,603,000
Excess tax benefit from stock option exercises	$ 12,110,000	$ 6,346,000	$ 669,000
Stock reserved for issuance to employees, directors, officers and consultants (in shares)	2,125,000
Stock reserved for issuance to employees, directors, officers and consultants under option (in shares)	2,319,000	2,314,000	3,340,000	3,639,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	1,912,000	1,667,000	2,258,000	2,590,000
Incentive stock options exercisable in percentages specified, Time Period	10 years
Income tax benefit related to Stock Options	1,500,000	1,000,000	500,000
Stock option compensation expense	3,948,000	2,647,000	1,353,000
Pre-tax unrecognized compensation expense related to nonvested stock options	14,400,000
Pre-tax unrecognized compensation expense related to nonvested stock options, expected to be recognized over a weighted average period (in years)	3 years 7 months 6 days
Fair value of stock options, Vested	$ 3,600,000	$ 2,100,000	$ 1,200,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures in Period	(18,000)
Common Stock [Member]
Stock reserved for issuance to employees, directors, officers and consultants under option (in shares)	1,175,000
Incentive stock options exercisable in percentages specified, Time Period		9 years	9 years
Common Class A [Member]
Stock reserved for issuance to employees, directors, officers and consultants under option (in shares)	1,144,000
Incentive stock options exercisable in percentages specified, Time Period	7 years	7 years	7 years
Stock Option and Future Grants [Member]
Stock reserved for issuance to employees, directors, officers and consultants (in shares)	4,200,000
Stock reserved for issuance to employees, directors, officers and consultants under option (in shares)	2,300,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	1,900,000

RETIREMENT PLANS (Details Textuals) (USD $)	12 Months Ended
RETIREMENT PLANS (Details Textuals) (USD $)	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2010
Defined contribution plan partcipants employees range maximum	6.00%
Defined contribution plan, vesting of employee contribution and cash dividends, percent	100.00%
Contributions to the plan charged to income (in dollars)	$ 3,000,000	$ 24,000	$ 20,000
Projected benefit obligation (in dollars)	$ 300,000	$ 400,000
Minimum [Member]
Defined contribution plan partcipants range minimum	25.00%
Maximum [Member]
Defined contribution plan partcipants range minimum	50.00%

- Definition

1) For defined benefit pension plans, the benefit obligation is the projected benefit obligation, which is the actuarial present value as of a date of all benefits attributed by the pension benefit formula to employee service rendered prior to that date. 2) For other postretirement defined benefit plans, the benefit obligation is the accumulated postretirement benefit obligation, which is the actuarial present value of benefits attributed to employee service rendered to a particular date.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 5

-Subparagraph a

-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 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 20

-Section 50

-Paragraph 1

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Projected Benefit Obligation

-URI http://asc.fasb.org/extlink&oid=6522206

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Accumulated Postretirement Benefit Obligation

-URI http://asc.fasb.org/extlink&oid=6503904

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 6

-Subparagraph a

-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 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph E1

-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

RESEARCH AND DEVELOPMENT EXPENSES (Details Textuals) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2010
New product research and development expenses	$ 30.4	$ 25.4	$ 22.7

- Definition

The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use.

+ References+ Details

REDEEMABLE NONCONTROLLING INTERESTS (Details Textuals) (USD $)	12 Months Ended																1 Months Ended				12 Months Ended			6 Months Ended	12 Months Ended						12 Months Ended			1 Months Ended
	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2010	Aug. 01, 2012 CSI Aerospace [Member]	Oct. 31, 2012 Subsidiary Five [Member] ETG Subsidiary One [Member]	Oct. 31, 2012 Action Research Corporation [Member]	Oct. 05, 2012 Action Research Corporation [Member]	Oct. 31, 2012 Subsidiary Two [Member] ETG Subsidiary One [Member]	Oct. 31, 2012 Subsidiary Two [Member] Aerospace Holdings Corp. [Member]	Oct. 31, 2012 Subsidiary Two [Member] Electronic Technologies Group [Member]	Oct. 31, 2012 Subsidiary Two [Member] Flight Support Group [Member]	Oct. 31, 2012 Subsidiary One [Member] ETG Subsidiary One [Member]	Oct. 31, 2012 Subsidiary One [Member] Aerospace Holdings Corp. [Member]	Oct. 31, 2012 Subsidiary One [Member] Electronic Technologies Group [Member]	Oct. 31, 2012 Subsidiary One [Member] Flight Support Group [Member]	Oct. 31, 2012 Subsidiary Four [Member] Aerospace Holdings Corp. [Member]	Dec. 19, 2012 Subsidiary Four [Member] Flight Support Group [Member]	Feb. 28, 2011 Subsidiary Four [Member] Flight Support Group [Member]	Dec. 31, 2008 Subsidiary Four [Member] Flight Support Group [Member]	Apr. 30, 2008 Subsidiary Four [Member] Flight Support Group [Member]	Oct. 31, 2012 Subsidiary Four [Member] Flight Support Group [Member]	Oct. 31, 2008 Subsidiary Four [Member] Flight Support Group [Member]	Oct. 31, 2006 Subsidiary Four [Member] Flight Support Group [Member]	Apr. 30, 2011 Subsidiary Three [Member] ETG Subsidiary One [Member]	Oct. 31, 2012 Subsidiary Three [Member] ETG Subsidiary One [Member]	Oct. 31, 2009 Subsidiary Three [Member] ETG Subsidiary One [Member]	Oct. 31, 2007 Subsidiary Three [Member] ETG Subsidiary One [Member]	Oct. 31, 2005 Subsidiary Three [Member] ETG Subsidiary One [Member]	Oct. 31, 2012 Subsidiary Three [Member] Aerospace Holdings Corp. [Member]	Oct. 31, 2012 Subsidiary Three [Member] Electronic Technologies Group [Member]	Oct. 31, 2010 Subsidiary Three [Member] Flight Support Group [Member]	Oct. 31, 2012 Subsidiary Three [Member] Flight Support Group [Member]	Oct. 31, 2008 Subsidiary Three [Member] Flight Support Group [Member]	Feb. 28, 2011 Noncontrolling Interest [Member] Subsidiary Four [Member] Flight Support Group [Member]
Business Acquisition [Line Items]
Management's estimate of the aggregate redemption amount of all put rights	$ 67,166,000	$ 65,430,000			$ 400,000
Estimated Redemption Amount of equity interest redeemable at fair value	42,000,000
Acquisition of interest in the subsidiary				84.00%		80.10%	80.10%	82.50%			80.10%	80.10%			80.10%								51.00%					85.00%					80.10%
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners				16.00%	22.00%		19.90%
Estimated Redemption Amount of equity interest redeemable based on a multiple of future earnings	25,000,000
Percentage of company total ownership interest									80.10%	82.50%			80.10%	80.10%		86.70%					86.70%				95.90%				82.30%	95.90%		82.30%
Exercise of option by Noncontrolling interest holders																	13.30%	7.00%	14.00%	7.00%	20.00%	28.00%			10.50%	10.50%	3.00%				2.20%			1.00%
Less: redemption amount of redeemable noncontrolling interests in excess of fair value (see Note 12)	13,000	19,000	(102,000)
Increase in ownership interest in the subsidiary																								10.90%
Payments For Repurchase Of Redeemable Noncontrolling Interest	$ 7,616,000	$ 7,241,000	$ 795,000
Deferred acquisition interest																									2.60%

NET INCOME PER SHARE ATTRIBUTABLE TO HEICO SHAREHOLDERS (Details) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended								12 Months Ended
	Oct. 31, 2012	Jul. 31, 2012	Apr. 30, 2012	Jan. 31, 2012	Oct. 31, 2011	Jul. 31, 2011	Apr. 30, 2011	Jan. 31, 2011	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2010
Numerator:
Net income attributable to HEICO	$ 23,791	$ 23,128	$ 19,043	$ 19,185	$ 18,514	$ 20,402	$ 16,830	$ 17,074	$ 85,147	$ 72,820	$ 54,938
Less: redemption amount of redeemable noncontrolling interests in excess of fair value (see Note 12)									13	19	(102)
Net income attributable to HEICO, as adjusted									$ 85,160	$ 72,839	$ 54,836
Denominator:
Weighted average common shares outstanding - basic (in shares)									52,689	52,040	51,301
Effect of dilutive stock options (in shares)									610	1,087	1,466
Weighted average common shares outstanding - diluted (in shares)									53,299	53,127	52,767
Net income per share attributable to HEICO shareholders (Note 13):
Basic (in dollars per share)	$ 0.45	$ 0.44	$ 0.36	$ 0.36	$ 0.35	$ 0.39	$ 0.32	$ 0.33	$ 1.62	$ 1.40	$ 1.07
Diluted (in dollars per share)	$ 0.45	$ 0.43	$ 0.36	$ 0.36	$ 0.35	$ 0.38	$ 0.32	$ 0.32	$ 1.60	$ 1.37	$ 1.04
Anti-dilutive stock options excluded (in shares)									711	481	649

QUARTERLY FINANCIAL INFORMATION (UNAUDITED) (Details) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended								12 Months Ended
	Oct. 31, 2012	Jul. 31, 2012	Apr. 30, 2012	Jan. 31, 2012	Oct. 31, 2011	Jul. 31, 2011	Apr. 30, 2011	Jan. 31, 2011	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2010
Net sales:
Net sales	$ 242,409	$ 225,969	$ 216,314	$ 212,655	$ 208,919	$ 197,267	$ 184,486	$ 174,219	$ 897,347	$ 764,891	$ 617,020
Gross profit:
Gross profit	89,738	84,252	75,198	78,248	74,319	69,825	66,371	63,926
Net income from consolidated operations:
Net income from consolidated operations	29,313	28,672	24,224	24,466	24,412	26,392	22,126	22,523	106,675	95,453	72,355
Net income attributable to HEICO:
Net income attributable to HEICO	$ 23,791	$ 23,128	$ 19,043	$ 19,185	$ 18,514	$ 20,402	$ 16,830	$ 17,074	$ 85,147	$ 72,820	$ 54,938
Basic:
Basic (in dollars per share)	$ 0.45	$ 0.44	$ 0.36	$ 0.36	$ 0.35	$ 0.39	$ 0.32	$ 0.33	$ 1.62	$ 1.40	$ 1.07
Diluted:
Diluted (in dollars per share)	$ 0.45	$ 0.43	$ 0.36	$ 0.36	$ 0.35	$ 0.38	$ 0.32	$ 0.32	$ 1.60	$ 1.37	$ 1.04

QUARTERLY FINANCIAL INFORMATION (UNAUDITED) (Details Textuals) (USD $) In Millions, except Per Share data, unless otherwise specified	3 Months Ended
	Jul. 31, 2012	Oct. 31, 2011	Jul. 31, 2011	Jan. 31, 2011
Aggregate tax benefit	$ 0.9		$ 0.9
Income tax credit for qualified research and development activities per basic and diluted share (in dollars per share)				$ 0.02
Income tax credit from tax related item			2.0
Income tax credit from tax related item per basic and diluted share	$ 0.02		$ 0.04
Impact of impairment losses on intangible assets in net income attributable to parent, Amount		2.4
Impact of impairment losses on intangible assets in net income attributable to parent, per basic share (in dollars per share)		$ 0.05
Net Income Impact From Research And Development Credits Net Of Expenses				$ 0.8
Aggregate Diluted Earnings Per Share Impact From Impairment Losses		$ 0.04

OPERATING SEGMENTS (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended								12 Months Ended
	Oct. 31, 2012	Jul. 31, 2012	Apr. 30, 2012	Jan. 31, 2012	Oct. 31, 2011	Jul. 31, 2011	Apr. 30, 2011	Jan. 31, 2011	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2010
Segment Reporting, Reconciling Item For Operating Profit (Loss) and Capital Expenditure From Segment To Consolidated [Line Items]
Net sales	$ 242,409	$ 225,969	$ 216,314	$ 212,655	$ 208,919	$ 197,267	$ 184,486	$ 174,219	$ 897,347	$ 764,891	$ 617,020
Depreciation and amortization									30,656	18,543	17,597
Operating income									163,294	138,431	109,173
Capital expenditures									15,262	9,446	8,877
Total assets	1,192,846				941,069				1,192,846	941,069	781,643
Flight Support Group [Member]
Segment Reporting, Reconciling Item For Operating Profit (Loss) and Capital Expenditure From Segment To Consolidated [Line Items]
Net sales									570,325	539,563	412,337
Depreciation and amortization									10,451	10,661	9,899
Operating income									103,943	95,001	67,896
Capital expenditures									7,045	6,866	7,343
Total assets	487,188				458,624				487,188	458,624	410,666
Electronic Technologies Group [Member]
Segment Reporting, Reconciling Item For Operating Profit (Loss) and Capital Expenditure From Segment To Consolidated [Line Items]
Net sales									331,598	227,771	205,648
Depreciation and amortization									19,365	7,502	7,308
Operating income									77,438	59,465	56,126
Capital expenditures									7,248	2,543	1,502
Total assets	636,660				429,869				636,660	429,869	328,577
Other Primarily Corporate and Inter Segment [Member]
Segment Reporting, Reconciling Item For Operating Profit (Loss) and Capital Expenditure From Segment To Consolidated [Line Items]
Net sales									(4,576)	(2,443)	(965)
Depreciation and amortization									840	380	390
Operating income									(18,087)	(16,035)	(14,849)
Capital expenditures									969	37	32
Total assets	$ 68,998				$ 52,576				$ 68,998	$ 52,576	$ 42,400

- Definition

Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.

+ References+ Details

- Definition

The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets.

+ References+ Details

OPERATING SEGMENTS OPERATING SEGMENTS (Details Textuals)	12 Months Ended
	Oct. 31, 2012
Flight Support Group [Member]
Segment Reporting Information [Line Items]
Segment Reporting Information, Description of Products and Services	The Flight Support Group designs, manufactures, repairs, overhauls and distributes jet engine and aircraft component replacement parts. The parts and services are approved by the FAA. The FSG also manufactures and sells specialty parts as a subcontractor for aerospace and industrial original equipment manufacturers and the United States government.
Electronic Technologies Group [Member]
Segment Reporting Information [Line Items]
Segment Reporting Information, Description of Products and Services	The Electronic Technologies Group designs and manufactures electronic, microwave, and electro-optical equipment and components, three-dimensional microelectronic and stacked memory products, high-speed interface products, high voltage interconnection devices, high voltage advanced power electronics products, power conversion products, underwater locator beacons, traveling wave tube amplifiers, harsh environment electronic connectors and other interconnect products, and RF and microwave amplifiers, transmitters and receivers primarily for the aviation, defense, space, medical, telecommunications and electronics industries.

COMMITMENTS AND CONTINGENCIES (Details) (USD $) In Thousands, unless otherwise specified	Oct. 31, 2012
Year One	$ 7,320
Year Two	6,477
Year Three	6,259
Year Four	5,461
Year Five	4,178
Thereafter	5,406
Total minimum lease commitments	$ 35,101

- Definition

Amount of required minimum rental payments for leases having an initial or remaining non-cancelable letter-terms in excess of one year.

+ References+ Details

- Definition

Amount of required minimum rental payments maturing in the next fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year.

+ References+ Details

- Definition

Amount of required minimum rental payments maturing in the fifth fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year.

+ References+ Details

- Definition

Amount of required minimum rental payments maturing in the forth fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year.

+ References+ Details

- Definition

Amount of required minimum rental payments maturing in the third fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year.

+ References+ Details

- Definition

Amount of required minimum rental payments maturing in the second fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year.

+ References+ Details

- Definition

Amount of required minimum rental payments maturing after the fifth fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year.

+ References+ Details

COMMITMENTS AND CONTINGENCIES (Details 1) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Oct. 31, 2012	Oct. 31, 2011
Movement in Standard and Extended Product Warranty, Increase (Decrease) [Roll Forward]
Balances as of beginning of year	$ 2,231	$ 1,636
Accruals for warranties	1,621	1,693
Warranty claims settled	(1,299)	(1,098)
Acquired warranty liabilities	18	0
Balances as of end of year	$ 2,571	$ 2,231

- Definition

Carrying value as of the balance sheet date of obligations incurred through that date and payable for estimated claims under standard and extended warranty protection rights granted to customers.

+ References+ Details

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION (Details Textuals) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2010
Cash paid for interest	$ 2.4	$ 0.1	$ 0.5
Cash paid for income taxes	43.5	33.9	37.3
Cash received from income tax refunds	$ 1.6	$ 0.8	$ 3.0

- Definition

The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income.

+ References+ Details

SUBSEQUENT EVENTS(Details Textuals) (USD $) In Millions, except Per Share data, unless otherwise specified	6 Months Ended				60 Months Ended				6 Months Ended
	Oct. 31, 2012	Dec. 31, 2012	Dec. 06, 2012	Dec. 14, 2011 Old Credit Facility [Member]	Dec. 14, 2017 New Credit Facility [Member]	Dec. 14, 2011 New Credit Facility [Member]	Dec. 14, 2011 New Credit Facility [Member] Foreign Currency [Member]	Nov. 27, 2012 Regular Semi-Annual Dividend [Member]	Oct. 31, 2012 Special Dividend [Member]	Dec. 06, 2012 Special Dividend [Member]	Nov. 27, 2012 Special Dividend [Member]
Debt Instrument [Line Items]
Dividends Payable, Date Declared	Nov. 27, 2012								Dec. 06, 2012
Dividends Payable, Amount Per Share			$ 2.14					$ 0.06		$ 1.00	$ 1.14
Dividends, Common Stock, Cash		$ 117
Maximum amount of borrowing capacity and limit availability under the revolving credit facility				300		670	50
Line of credit facility, interest rate description					Advances under the New Credit Facility accrue interest at the Company’s choice of the “Base Rate” or the London Interbank Offered Rate (“LIBOR”) plus applicable margins (based on the Company’s ratio of total funded debt to earnings before interest, taxes, depreciation and amortization, noncontrolling interests and non-cash charges, or “leverage ratio”). The Base Rate is the highest of (i) the Prime Rate; (ii) the Federal Funds rate plus .50% per annum; and (iii) the Adjusted LIBO Rate determined on a daily basis for an Interest Period of one month plus 1.00% per annum, as such capitalized terms are defined in the New Credit Facility.
Line of Credit Facility, Expiration Date					Dec. 15, 2017
Extension To Maximum Borrowing Capacity						130
Maximum Borrowing Capacity Option						$ 800
Dividends Payable, Date to be Paid	Dec. 31, 2012
Dividends Payable, Date of Record	Dec. 17, 2012

VALUATION AND QUALIFYING ACCOUNTS VALUATION AND QUALIFYING ACCOUNTS (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2010
Inventory Valuation Reserve [Member]
Movement in Valuation Allowances and Reserves [Roll Forward]
Valuation Allowances and Reserves, Opening Balance	$ 41,208	$ 35,947	$ 34,330
Valuation Allowances and Reserves, Charged to Cost and Expense	4,605	4,593	2,902
Valuation Allowances and Reserves, Charged to Other Accounts	3,581	2,785	11
Valuation Allowances and Reserves, Deductions	(2,533)	(2,117)	(1,296)
Valuation Allowances and Reserves, Ending Balance	46,861	41,208	35,947
Allowance for Doubtful Accounts [Member]
Movement in Valuation Allowances and Reserves [Roll Forward]
Valuation Allowances and Reserves, Opening Balance	2,667	2,468	2,535
Valuation Allowances and Reserves, Charged to Cost and Expense	2,356	194	1,452
Valuation Allowances and Reserves, Charged to Other Accounts	44	299	0
Valuation Allowances and Reserves, Deductions	(2,733)	(294)	(1,519)
Valuation Allowances and Reserves, Ending Balance	$ 2,334	$ 2,667	$ 2,468

STOCK OPTIONS (Details 3) (USD $)	12 Months Ended
STOCK OPTIONS (Details 3) (USD $)	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2010
Common Stock [Member]
Weighted-average fair value of stock options granted per share for Common Stock (in dollars per share)		$ 18.34	$ 14.28
Common Class A [Member]
Weighted-average fair value of stock options granted per share for Common Stock (in dollars per share)	$ 12.75	$ 11.56	$ 7.12

Buildings and improvements

Leasehold improvements

Machinery and equipment