Company: HEI-A
Filing Date: 2025-05-29
Form Type: 10-Q
Source: 0000046619-25-000046
Chunk: 29

Company: HEICO CORP
Filing Date: 2025-05-29
Form: 10-Q
Item: Item 1
Chunk 29
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’s product warranty liability for the six months ended April 30, 2025 and 2024, respectively, are as follows (in thousands):Six months ended April 30,20252024Balances as of beginning of fiscal year$4,036 $3,847 Accruals for warranties1,261 1,425 Acquired warranty liabilities431 — Warranty claims settled(1,402)(1,459)Balances as of April 30$4,326 $3,813 LitigationThe Company is involved in various legal actions arising in the normal course of business.  Based upon the Company’s and its legal counsel’s evaluations of any claims or assessments, management is of the opinion that the outcome of these matters will not have a material adverse effect on the Company’s results of operations, financial position or cash flows.

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