Company: HEI-A
Filing Date: 2025-08-27
Form Type: 10-Q
Source: 0000046619-25-000062
Chunk: 31

Company: HEICO CORP
Filing Date: 2025-08-27
Form: 10-Q
Item: Item 1
Chunk 31
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 workers' compensation claims.Product WarrantyChanges in the Company’s product warranty liability for the nine months ended July 31, 2025 and 2024, respectively, are as follows (in thousands):Nine months ended July 31,20252024Balances as of beginning of fiscal year$4,036 $3,847 Accruals for warranties1,955 2,244 Acquired warranty liabilities1,052 245 Warranty claims settled(2,265)(2,119)Balances as of July 31$4,778 $4,217 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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