ACQUISITIONS ACQUISITIONS (Tables) - Robertson [Member] - Electronic Technologies Group [Member]

6 Months Ended

Apr. 30, 2016

Schedule of Fair Value of Total Consideration [Table Text Block]

The following table summarizes the total consideration for the acquisition of Robertson (in thousands):



Cash paid		$256,293
Less: cash acquired	(3,271		)
Total consideration	253,022

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The following table summarizes the allocation of the total consideration for the acquisition of Robertson to the estimated fair values of the tangible and identifiable intangible assets acquired and liabilities assumed (in thousands):



Assets acquired:
Identifiable intangible assets		$123,100
Goodwill	91,705
Inventories	27,955
Property, plant and equipment	7,200
Accounts receivable	5,000
Other assets	1,883
Total assets acquired, excluding cash	256,843

Liabilities assumed:
Accounts payable	3,174
Accrued expenses	647
Total liabilities assumed	3,821
Net assets acquired, excluding cash		$253,022

Business Acquisition, Pro Forma Information [Table Text Block]

The following table presents unaudited pro forma financial information for the six and three months ended April 30, 2016 and April 30, 2015 as if the acquisition of Robertson had occurred as of November 1, 2014 (in thousands):



	Six months ended April 30,				Three months ended April 30,
	2016		2015		2016		2015
Net sales		$678,209		$596,037		$350,648		$311,831
Net income from consolidated operations		$85,618		$71,210		$44,181		$40,658
Net income attributable to HEICO		$75,893		$61,360		$39,109		$35,259
Net income per share attributable to HEICO shareholders:
Basic		$1.13		$.92		$.58		$.53
Diluted		$1.12		$.91		$.57		$.52