ACQUISITIONS (Tables)

6 Months Ended

Apr. 30, 2012

Acquisitions (Tables) [Abstract]

Schedule of Purchase Price Allocation [Table Text Block]

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	$	76,581
Identifiable intangible assets		72,500
Inventories		13,086
Property, plant and equipment		10,166
Accounts receivable		6,123
Other assets		1,570
Total assets acquired, excluding cash	$	180,026
Liabilities assumed:
Deferred income taxes	$	30,448
Accrued expenses		2,252
Income taxes payable		2,016
Accounts payable		1,889
Other liabilities		258
Total liabilities assumed	$	36,863
Net assets acquired, excluding cash	$	143,163

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, 2011 as if the acquisition of Switchcraft had occurred as of November 1, 2010 (in thousands).

	Six months ended		Three months ended
	April 30, 2011		April 30, 2011
Net sales	$	388,113	$	199,981
Net income from consolidated operations	$	46,961	$	23,485
Net income attributable to HEICO	$	36,216	$	18,189
Net income per share attributable     to HEICO shareholders:
Basic	$	.70	$	.35
Diluted	$	.68	$	.34