Company: HEI-A
Filing Date: 2025-12-22
Form Type: 10-K
Source: 0000046619-25-000082
Chunk: 83

Company: HEICO CORP
Filing Date: 2025-12-22
Form: 10-K
Item: Item 8
Chunk 83
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(9,884)(686)Impairment of intangible assets — 7,500 — Amendment and termination of contingent consideration agreement— — (9,057)Payment of contingent consideration(2,190)(6,203)(6,299)Deferred income tax benefit(48,565)(22,002)(26,531)Changes in operating assets and liabilities, net of acquisitions:Increase in accounts receivable(75,576)(20,815)(65,595)(Increase) decrease in contract assets(6,510)1,294 (11,642)Increase in inventories(44,850)(132,934)(124,782)Decrease (increase) in prepaid expenses and other current assets15,423 (23,029)5,599 Increase (decrease) in trade accounts payable27,593 (9,823)10,975 Increase in accrued expenses and other current liabilities44,605 22,095 72,589 (Decrease) increase in income taxes payable(19,427)20,220 (4,505)Net changes in other long-term liabilities and assets related to HEICO Leadership Compensation Plan 23,533 21,618 13,512 Other10,858 53,524 (10,020)Net cash provided by operating activities934,266 672,370 448,735 Investing Activities:Acquisitions, net of cash acquired(629,828)(219,293)(2,421,788)Capital expenditures(72,886)(58,261)(49,434)Investments related to HEICO Leadership Compensation Plan(32,958)(19,910)(18,892)Other3,981 4,264 5,647 Net cash used in investing activities(731,691)(293,200)(2,484,467)Financing Activities:Payments on revolving credit facility(550,000)(365,000)(989,000)Proceeds from issuance of senior unsecured notes— — 1,189,452 Borrowings on revolving credit facility495,000 130,000 1,964,000 Distributions to noncontrolling interests(38,484)(34,318)(36,591)Cash dividends paid(31,968)(29,069)(27,370)Redemptions of common stock related to stock option exercises(22,386)(29,912)(14,847)Payment of contingent