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2310301 - Disclosure - EMPLOYEE RETIREMENT PLANS EMPLOYEE RETIREMENT PLANS (Tables)
(http://www.heico.com/role/EmployeeRetirementPlansEmployeeRetirementPlansTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Compensation and Retirement Disclosure [Abstract]Period [Axis]
2015-11-01 - 2016-10-31
Compensation and Retirement Disclosure [Abstract]
 
Schedule of Other Share-based Compensation, Activity [Table Text Block]
Information concerning share-based activity pertaining to the 401(k) Plan for each of the last three fiscal years ended October 31 is as follows (in thousands):
 
Common Stock
 
Class A Common Stock
Shares available for issuance as of October 31, 2013
125

 
125

Issuance of common stock to 401(k) Plan
(57
)
 
(57
)
Shares available for issuance as of October 31, 2014
68

 
68

Issuance of common stock to 401(k) Plan
(54
)
 
(54
)
Shares available for issuance as of October 31, 2015
14

 
14

Shares registered for issuance to the 401(k) Plan
300

 
300

Issuance of common stock to 401(k) Plan
(62
)
 
(62
)
Shares available for issuance as of October 31, 2016
252

 
252

 
 
Schedule of Changes in Projected Benefit Obligations [Table Text Block]
Changes in the Plan's projected benefit obligation and plan assets during fiscal 2016 and 2015 are as follows (in thousands):
Change in projected benefit obligation:
 
Projected benefit obligation as of October 31, 2014

$13,815

Actuarial loss
716

Interest cost
561

Benefits paid
(924
)
Projected benefit obligation as of October 31, 2015
14,168

Actuarial loss
655

Interest cost
613

Benefits paid
(925
)
Projected benefit obligation as of October 31, 2016

$14,511

 
 
Change in plan assets:
 
Fair value of plan assets as of October 31, 2014

$11,359

Actual return on plan assets
254

Employer contributions
78

Benefits paid
(924
)
Fair value of plan assets as of October 31, 2015
10,767

Actual return on plan assets
263

Employer contributions
405

Benefits paid
(925
)
Fair value of plan assets as of October 31, 2016

$10,510

 
 
Funded status as of October 31, 2015

($3,401
)
Funded status as of October 31, 2016

($4,001
)
 
 
Schedule of Assumptions Used [Table Text Block]
Weighted average assumptions used to determine the projected benefit obligation are as follows:
 
As of October 31,
 
2016
 
2015
Discount rate
3.99
%
 
4.47
%


Weighted average assumptions used to determine net pension income are as follows:
 
Year ended October 31,
 
2016
 
2015
 
2014
Discount rate
4.47
%
 
4.20
%
 
4.79
%
Expected return on plan assets
6.75
%
 
6.75
%
 
6.75
%
 
 
Schedule of Net Benefit Costs [Table Text Block]
Components of net pension income that were recorded within the Company's Consolidated Statements of Operations are as follows (in thousands):
 
Year ended October 31,
 
2016
 
2015
 
2014
Expected return on plan assets

$702

 

$738

 

$739

Interest cost
613

 
561

 
610

Net pension income

$89

 

$177

 

$129

 
 
Schedule of Expected Benefit Payments [Table Text Block]
Estimated future benefit payments to be made during each of the next five fiscal years and in aggregate during the succeeding five fiscal years are as follows (in thousands):
Year ending October 31,
 
2017

$921

2018
895

2019
925

2020
926

2021
904

2022-2026
4,424

    
 
 
Schedule of Allocation of Plan Assets [Table Text Block]
The fair value of the Plan's assets are set forth by level within the fair value hierarchy in the following tables (in thousands):
 
As of October 31, 2016
 
Quoted Prices
in Active Markets
for Identical Assets (Level 1)
 
Significant
Other Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
Total
Fixed income securities

$5,219

 

$—

 

$—

 

$5,219

Equity securities
5,149

 

 

 
5,149

Money market funds and cash
142

 

 

 
142

 

$10,510

 

$—

 

$—

 

$10,510


 
As of October 31, 2015
 
Quoted Prices
in Active Markets
for Identical Assets (Level 1)
 
Significant
Other Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
Total
Fixed income securities

$5,372

 

$—

 

$—

 

$5,372

Equity securities
5,280

 

 

 
5,280

Money market funds and cash
115

 

 

 
115

 

$10,767

 

$—

 

$—

 

$10,767


Fixed income securities consist of investments in mutual funds. Equity securities consist of investments in common stocks, mutual funds and exchange traded funds.

The Plan's actual and targeted asset allocations by investment category are as follows:
 
As of October 31,
 
2016
 
2015
 
Actual
 
Target
 
Actual
 
Target
Fixed income securities
50
%
 
50
%
 
50
%
 
50
%
Equity securities
49
%
 
50
%
 
49
%
 
50
%
Money market funds and cash
1
%
 
%
 
1
%
 
%
 
100
%
 
100
%
 
100
%
 
100
%