Company: HEI-A
Filing Date: 2025-12-22
Form Type: 10-K
Source: 0000046619-25-000082
Chunk: 137

Company: HEICO CORP
Filing Date: 2025-12-22
Form: 10-K
Item: Item 8
Chunk 137
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 external customers$1,769,985 $1,198,120 $— $— Intersegment net sales200 27,102 — (27,302)Net sales1,770,185 1,225,222 — (27,302)2,968,105 Cost of sales1,130,703 710,896 — (26,982)Other segment items (3)252,185 229,273 — — Operating income387,297 285,053 (46,691)(320)625,339 Capital expenditures22,775 26,493 166 — 49,434 Depreciation (4)18,699 20,478 1,101 — 40,278 Amortization  (4)36,957 51,296 1,512 — 89,765 (1) Corporate activity consists of unallocated corporate general and administrative expenses. (2) Intersegment activity principally consists of net sales from the ETG to the FSG.(3) Represents SG&A expenses.(4) Depreciation and amortization expense disclosed by reportable segment are included within cost of sales and other segment items. 

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Total assets by operating segment are as follows (in thousands):Other, Primarily CorporateConsolidated TotalsSegmentAs of October 31,FSGETG2025$4,571,887 $3,437,221 $491,326 $8,500,434 20244,264,360 2,981,326 347,136 7,592,822 Major Customer and Geographic Information    The Company markets its products and services in approximately 130 countries.  The following table summarizes the Company’s net sales to customers located in the United States and to those in other countries for each of the last three fiscal years ended October 31 (in thousands).  Net sales are attributed to countries based on the location of the customer.  Net sales to any one customer or attributed to any one foreign country did not account for 10% or more of the Company's consolidated net sales during any of the last three fiscal years.  The following table also summarizes the Company’s long-lived assets held within and outside of the United States as of October 31 for each of the last three fiscal years (in thousands).  Long-lived assets consist of net property, plant and equipment and operating lease ROU