v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED - USD ($)
$ in Thousands
6 Months Ended
Apr. 30, 2026
Apr. 30, 2025
Operating Activities:    
Net income from consolidated operations $ 455,087 $ 352,089
Adjustments to reconcile net income from consolidated operations to net cash provided by (used in) operating activities:    
Depreciation and amortization 107,642 95,102
Share-based compensation expense 22,517 10,671
Deferred income tax provision (benefit) 11,801 (17,940)
Employer contributions to HEICO Savings and Investment Plan 10,474 8,500
Change in value of contingent consideration 4,502 6,766
Payment for Contingent Consideration Liability, Operating Activities 0 (2,190)
Changes in operating assets and liabilities, net of acquisitions:    
Change in accounts receivable (65,133) (40,361)
Change in contract assets (6,300) (12,319)
Change in inventories (40,463) (46,134)
Change in prepaid expenses and other current assets (23,429) 4,535
Change in trade accounts payable 49,951 29,193
Change in accrued expenses and other current liabilities (75,872) (39,266)
Change in income taxes payable (12,302) 10,599
Change in other long-term liabilities and assets related to HEICO Leadership Compensation Plan 13,702 16,555
Other 18,393 31,929
Net cash provided by operating activities 470,570 407,729
Investing Activities:    
Acquisitions, net of cash acquired (821,269) (286,161)
Capital expenditures (31,546) (33,299)
Net Investment Related to Deferred Compensation Plan (16,800) (17,700)
Proceeds from Life Insurance Policy 22,654 0
Other (3,995) (2,599)
Net cash used in investing activities (850,956) (339,759)
Financing Activities:    
Borrowings on revolving credit facility 830,700 145,000
Payments on revolving credit facility (410,700) (95,000)
Cash dividends paid (16,724) (15,272)
Distributions to noncontrolling interests (16,364) (17,563)
Payments to Noncontrolling Interests (12,414) (4,205)
Common Stock Issued Repurchased and Retired Related To Stock Option Exercises (4,813) (1,415)
Payment for Contingent Consideration Liability, Financing Activities 0 (5,954)
Proceeds from stock option exercises 3,843 5,786
Other (1,642) (2,114)
Net cash (used in) provided by financing activities 371,886 9,263
Effect of exchange rate changes on cash 1,054 2,973
Net (decrease) increase in cash and cash equivalents (7,446) 80,206
Cash and cash equivalents at beginning of year 217,781 162,103
Cash and cash equivalents at end of period $ 210,335 $ 242,309