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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED - USD ($)
$ in Thousands
6 Months Ended
Apr. 30, 2016
Apr. 30, 2015
Operating Activities:    
Net income from consolidated operations $ 79,653 $ 70,595
Adjustments to reconcile net income from consolidated operations to net cash provided by (used in) operating activities:    
Depreciation and amortization 29,183 23,141
Share-based compensation expense 3,286 2,778
Employer contributions to HEICO Savings and Investment Plan 3,266 2,596
Foreign currency transaction adjustments, net 2,186 (2,247)
Change in value of contingent consideration 1,679 (1,058)
Deferred income tax provision (benefit) 1,168 1,851
Tax benefit from stock option exercises 870 1,405
Excess tax benefit from stock option exercises (870) (1,405)
Changes in operating assets and liabilities, net of acquisitions:    
Change in accounts receivable (7,875) (2,039)
Change in inventories (9,855) (4,962)
Change in prepaid expenses and other current assets (2,616) (5,622)
Change in trade accounts payable 4,860 3,699
Change in accrued expenses and other current liabilities 10,224 16,300
Change in income taxes payable 5,489 173
Other (1,189) (778)
Net cash provided by operating activities 102,705 64,805
Investing Activities:    
Acquisitions, net of cash acquired (263,811) (49,482)
Capital expenditures (15,546) (9,460)
Other (3,241) 86
Net cash used in investing activities (282,598) (58,856)
Financing Activities:    
Borrowings on revolving credit facility 260,000 61,696
Payments on revolving credit facility (66,000) (61,000)
Distributions to noncontrolling interests (5,507) (4,733)
Cash dividends paid (5,350) (4,666)
Acquisitions of noncontrolling interests (3,599) 0
Proceeds from stock option exercises 1,471 2,954
Excess tax benefit from stock option exercises 870 1,405
Other (181) (206)
Net cash (used in) provided by financing activities 181,704 (4,550)
Effect of exchange rate changes on cash 1,375 (949)
Net (decrease) increase in cash and cash equivalents 3,186 450
Cash and cash equivalents at beginning of year 33,603 $ 20,229
Cash and cash equivalents at end of period $ 36,789