2022 Q3 Form 10-Q Financial Statement

#000087471622000033 Filed on August 02, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2021 Q4
Revenue $841.7M $860.5M $801.1M
YoY Change 3.85% 4.16% 11.12%
Cost Of Revenue $335.0M $346.5M $344.7M
YoY Change -0.73% 2.87% 10.68%
Gross Profit $506.6M $514.0M $456.4M
YoY Change 7.13% 5.05% 11.46%
Gross Profit Margin 60.19% 59.73% 56.97%
Selling, General & Admin $213.8M $211.7M $211.9M
YoY Change 3.51% 10.08% 14.18%
% of Gross Profit 42.2% 41.19% 46.43%
Research & Development $48.01M $123.2M $45.31M
YoY Change 18.76% 226.87% 16.77%
% of Gross Profit 9.48% 23.97% 9.93%
Depreciation & Amortization $28.55M $28.12M $27.70M
YoY Change 7.86% 11.0% 12.58%
% of Gross Profit 5.63% 5.47% 6.07%
Operating Expenses $261.8M $335.0M $257.2M
YoY Change 6.01% 45.6% 14.63%
Operating Profit $244.8M $179.1M $199.2M
YoY Change 8.35% -30.93% 7.61%
Interest Expense $11.00M $8.317M -$7.308M
YoY Change 54.16% 9.25% -5.09%
% of Operating Profit 4.49% 4.64% -3.67%
Other Income/Expense, Net
YoY Change
Pretax Income $234.2M $171.1M $191.9M
YoY Change 6.96% -32.04% 8.16%
Income Tax $53.25M $39.10M $29.11M
% Of Pretax Income 22.74% 22.86% 15.17%
Net Earnings $180.9M $132.0M $162.8M
YoY Change 3.25% -34.85% -6.88%
Net Earnings / Revenue 21.5% 15.34% 20.32%
Basic Earnings Per Share $2.17 $1.57
Diluted Earnings Per Share $2.15 $1.56 $1.889M
COMMON SHARES
Basic Shares Outstanding 83.25M shares 83.92M shares 84.79M shares
Diluted Shares Outstanding 84.11M shares 84.86M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $99.18M $114.4M $144.5M
YoY Change -31.7% -50.73% -62.37%
Cash & Equivalents $99.18M $114.4M $144.5M
Short-Term Investments
Other Short-Term Assets $216.6M $183.0M $173.8M
YoY Change 37.47% 25.87% 26.41%
Inventory $355.0M $332.6M $269.0M
Prepaid Expenses $39.70M $36.29M $42.00M
Receivables $388.1M $412.9M $368.3M
Other Receivables $0.00 $19.85M $19.46M
Total Short-Term Assets $1.059B $1.043B $955.7M
YoY Change 12.88% 4.15% -10.08%
LONG-TERM ASSETS
Property, Plant & Equipment $612.4M $594.2M $587.7M
YoY Change 6.81% 7.99% 5.85%
Goodwill $355.3M $355.5M $359.3M
YoY Change 0.01% 0.48% 47.67%
Intangibles $99.97M $100.6M $99.04M
YoY Change 5.26% 3.97% 88.48%
Long-Term Investments $51.76M $52.89M $18.60M
YoY Change 428.7% 404.26% 53.7%
Other Assets $403.4M $398.6M $330.4M
YoY Change 27.21% 30.53% 14.09%
Total Long-Term Assets $1.581B $1.564B $1.482B
YoY Change 9.22% 10.87% 20.27%
TOTAL ASSETS
Total Short-Term Assets $1.059B $1.043B $955.7M
Total Long-Term Assets $1.581B $1.564B $1.482B
Total Assets $2.640B $2.607B $2.437B
YoY Change 10.66% 8.09% 6.22%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $110.1M $127.3M $116.1M
YoY Change 27.06% 36.82% 55.77%
Accrued Expenses $406.0M $387.5M $458.9M
YoY Change -5.81% -1.32% 10.41%
Deferred Revenue $40.81M $40.78M $40.03M
YoY Change -0.78% -0.86% -5.95%
Short-Term Debt $633.0M $611.0M $73.50M
YoY Change
Long-Term Debt Due $0.00 $0.00 $75.00M
YoY Change -100.0% -100.0% 50.03%
Total Short-Term Liabilities $1.190B $1.167B $763.6M
YoY Change 87.73% 78.97% 31.03%
LONG-TERM LIABILITIES
Long-Term Debt $760.8M $768.0M $775.2M
YoY Change -2.21% -1.55% -9.7%
Other Long-Term Liabilities $70.95M $69.78M $70.94M
YoY Change -2.79% -17.95% -17.13%
Total Long-Term Liabilities $974.1M $983.6M $983.6M
YoY Change -2.24% -2.81% -8.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.190B $1.167B $763.6M
Total Long-Term Liabilities $974.1M $983.6M $983.6M
Total Liabilities $2.164B $2.150B $1.747B
YoY Change 32.74% 29.22% 5.14%
SHAREHOLDERS EQUITY
Retained Earnings $3.427B $3.246B $2.920B
YoY Change 24.28% 25.71% 34.24%
Common Stock $1.448B $1.430B $1.388B
YoY Change 5.75% 5.95% 6.32%
Preferred Stock
YoY Change
Treasury Stock (at cost) $4.157B $3.571B
YoY Change 32.3% 27.53%
Treasury Stock Shares 23.65M shares 22.32M shares
Shareholders Equity $476.0M $457.0M $690.0M
YoY Change
Total Liabilities & Shareholders Equity $2.640B $2.607B $2.437B
YoY Change 10.66% 8.09% 6.22%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2021 Q4
OPERATING ACTIVITIES
Net Income $180.9M $132.0M $162.8M
YoY Change 3.25% -34.85% -6.88%
Depreciation, Depletion And Amortization $28.55M $28.12M $27.70M
YoY Change 7.86% 11.0% 12.58%
Cash From Operating Activities $189.0M $65.85M $210.0M
YoY Change 0.96% -71.86% -4.13%
INVESTING ACTIVITIES
Capital Expenditures -$74.20M -$30.09M -$31.79M
YoY Change 64.82% 33.45% 119.23%
Acquisitions
YoY Change
Other Investing Activities -$11.51M -$25.00M -$12.25M
YoY Change 147.04% -83.56% 921.0%
Cash From Investing Activities -$49.20M -$55.09M -$44.04M
YoY Change -0.97% -68.46% 180.51%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -148.8M -91.91M -165.8M
YoY Change -32.88% -48.99% -41555.0%
NET CHANGE
Cash From Operating Activities 189.0M 65.85M 210.0M
Cash From Investing Activities -49.20M -55.09M -44.04M
Cash From Financing Activities -148.8M -91.91M -165.8M
Net Change In Cash -9.026M -81.14M 104.0K
YoY Change -89.28% -32.85% -99.95%
FREE CASH FLOW
Cash From Operating Activities $189.0M $65.85M $210.0M
Capital Expenditures -$74.20M -$30.09M -$31.79M
Free Cash Flow $263.2M $95.94M $241.8M
YoY Change 13.34% -62.6% 3.53%

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CY2021Q2 us-gaap Lease Income
LeaseIncome
4700000 usd
us-gaap Lease Income
LeaseIncome
9500000 usd
CY2021Q4 us-gaap Sales Type Lease Lease Receivable
SalesTypeLeaseLeaseReceivable
15300000 usd
CY2022Q2 idxx Sales Type Lease Lease Receivable Reclassified To Receivable
SalesTypeLeaseLeaseReceivableReclassifiedToReceivable
900000 usd
idxx Sales Type Lease Lease Receivable Reclassified To Receivable
SalesTypeLeaseLeaseReceivableReclassifiedToReceivable
1700000 usd
CY2022Q2 us-gaap Sales Type Lease Lease Receivable
SalesTypeLeaseLeaseReceivable
15800000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
860546000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
826142000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1697095000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1603849000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
860546000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
826142000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1697095000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1603849000 usd
CY2021Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
19500000 usd
CY2022Q2 us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
1600000 usd
us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
3400000 usd
CY2022Q2 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
19300000 usd
CY2022Q2 us-gaap Payments To Acquire Equity Securities Fv Ni
PaymentsToAcquireEquitySecuritiesFvNi
25000000 usd
CY2022Q2 us-gaap Deferred Compensation Arrangement With Individual Fair Value Of Shares Issued
DeferredCompensationArrangementWithIndividualFairValueOfSharesIssued
4400000 usd
us-gaap Deferred Compensation Arrangement With Individual Fair Value Of Shares Issued
DeferredCompensationArrangementWithIndividualFairValueOfSharesIssued
55400000 usd
CY2021Q2 us-gaap Deferred Compensation Arrangement With Individual Fair Value Of Shares Issued
DeferredCompensationArrangementWithIndividualFairValueOfSharesIssued
4000000 usd
us-gaap Deferred Compensation Arrangement With Individual Fair Value Of Shares Issued
DeferredCompensationArrangementWithIndividualFairValueOfSharesIssued
48300000 usd
CY2022Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
87200000 usd
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y8M12D
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
12300000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
23500000 usd
CY2021Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9600000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
18500000 usd
CY2022Q2 us-gaap Share Price
SharePrice
494.95
CY2021Q2 us-gaap Share Price
SharePrice
542.57
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
499.09
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
546.43
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.30
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.31
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y4M24D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y2M12D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.020
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.007
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
167.25
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
167.94
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
8000000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
5700000 usd
CY2022Q2 idxx Accounts Receivable Percent Not Past Due
AccountsReceivablePercentNotPastDue
0.92
CY2022Q2 idxx Accounts Receivable Percent Past Due
AccountsReceivablePercentPastDue
0.08
CY2022Q2 us-gaap Accounts Receivable Noncurrent Threshold Period Past Due
AccountsReceivableNoncurrentThresholdPeriodPastDue
P60D
CY2021Q4 idxx Accounts Receivable Percent Not Past Due
AccountsReceivablePercentNotPastDue
0.90
CY2021Q4 idxx Accounts Receivable Percent Past Due
AccountsReceivablePercentPastDue
0.10
CY2021Q4 us-gaap Accounts Receivable Noncurrent Threshold Period Past Due
AccountsReceivableNoncurrentThresholdPeriodPastDue
P60D
CY2022Q2 idxx Contractwith Customer Asset And Sales Type Lease Net Investment In Lease Allowancefor Credit Loss
ContractwithCustomerAssetAndSalesTypeLeaseNetInvestmentInLeaseAllowanceforCreditLoss
4900000 usd
CY2021Q4 idxx Contractwith Customer Asset And Sales Type Lease Net Investment In Lease Allowancefor Credit Loss
ContractwithCustomerAssetAndSalesTypeLeaseNetInvestmentInLeaseAllowanceforCreditLoss
4400000 usd
CY2022Q2 idxx Other Comprehensive Income Loss Net Investment Hedge Cross Currency Swaps Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeCrossCurrencySwapsGainLossBeforeReclassificationAfterTax
4300000 usd
CY2022Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
85297000 usd
CY2021Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
60427000 usd
CY2022Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
30735000 usd
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
26397000 usd
CY2022Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
216533000 usd
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
182206000 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
332565000 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
269030000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
10683000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
23714000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
19657000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
15502000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
12661000 usd
CY2022Q2 idxx Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
54124000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
136341000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
18562000 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
117779000 usd
CY2022Q2 idxx Lessee Operating Lease Lease Not Yet Commenced Liability
LesseeOperatingLeaseLeaseNotYetCommencedLiability
8100000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
12110000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
11914000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
23019000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
24427000 usd
CY2022Q2 us-gaap Deferred Costs Current
DeferredCostsCurrent
49657000 usd
CY2021Q4 us-gaap Deferred Costs Current
DeferredCostsCurrent
48942000 usd
CY2022Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
40364000 usd
CY2021Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
37772000 usd
CY2022Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
36287000 usd
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
41997000 usd
CY2022Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
19854000 usd
CY2022Q2 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
0 shares
CY2021Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
19464000 usd
CY2022Q2 us-gaap Foreign Currency Contract Asset Fair Value Disclosure
ForeignCurrencyContractAssetFairValueDisclosure
14863000 usd
CY2021Q4 us-gaap Foreign Currency Contract Asset Fair Value Disclosure
ForeignCurrencyContractAssetFairValueDisclosure
6512000 usd
CY2022Q2 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
6504000 usd
CY2021Q4 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
6475000 usd
CY2022Q2 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
15471000 usd
CY2021Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
12661000 usd
CY2022Q2 us-gaap Other Assets Current
OtherAssetsCurrent
183000000 usd
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
173823000 usd
CY2022Q2 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
138776000 usd
CY2021Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
122160000 usd
CY2022Q2 us-gaap Deferred Costs
DeferredCosts
106727000 usd
CY2021Q4 us-gaap Deferred Costs
DeferredCosts
109392000 usd
CY2022Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
40548000 usd
CY2021Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
24784000 usd
CY2022Q2 us-gaap Other Investments
OtherInvestments
30250000 usd
CY2021Q4 us-gaap Other Investments
OtherInvestments
5250000 usd
CY2022Q2 us-gaap Prepaid Expense Other Noncurrent
PrepaidExpenseOtherNoncurrent
22642000 usd
CY2021Q4 us-gaap Prepaid Expense Other Noncurrent
PrepaidExpenseOtherNoncurrent
13348000 usd
CY2022Q2 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
12804000 usd
CY2021Q4 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
13019000 usd
CY2022Q2 us-gaap Income Taxes Receivable Noncurrent
IncomeTaxesReceivableNoncurrent
361000 usd
CY2021Q4 us-gaap Income Taxes Receivable Noncurrent
IncomeTaxesReceivableNoncurrent
1806000 usd
CY2022Q2 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
46445000 usd
CY2021Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
40641000 usd
CY2022Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
398553000 usd
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
330400000 usd
CY2022Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
158623000 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
133978000 usd
CY2022Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
110342000 usd
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
182926000 usd
CY2022Q2 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
76705000 usd
CY2021Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
79469000 usd
CY2022Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
22102000 usd
CY2021Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
42605000 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
19738000 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
19931000 usd
CY2022Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
387510000 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
458909000 usd
CY2022Q2 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
50530000 usd
CY2021Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
56466000 usd
CY2022Q2 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
19247000 usd
CY2021Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
14475000 usd
CY2022Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
69777000 usd
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
70941000 usd
CY2022Q2 idxx Treasury Stock Shares Acquired Net Of Tax Withholdings
TreasuryStockSharesAcquiredNetOfTaxWithholdings
809000 shares
CY2021Q2 idxx Treasury Stock Shares Acquired Net Of Tax Withholdings
TreasuryStockSharesAcquiredNetOfTaxWithholdings
341000 shares
idxx Treasury Stock Shares Acquired Net Of Tax Withholdings
TreasuryStockSharesAcquiredNetOfTaxWithholdings
1311000 shares
idxx Treasury Stock Shares Acquired Net Of Tax Withholdings
TreasuryStockSharesAcquiredNetOfTaxWithholdings
618000 shares
CY2021Q2 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
0 shares
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
21000 shares
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
28000 shares
CY2022Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
809000 shares
CY2021Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
341000 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1332000 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
646000 shares
CY2022Q2 idxx Treasury Stock Value Acquired Cost Method Net Of Tax Withholdings
TreasuryStockValueAcquiredCostMethodNetOfTaxWithholdings
313455000 usd
CY2021Q2 idxx Treasury Stock Value Acquired Cost Method Net Of Tax Withholdings
TreasuryStockValueAcquiredCostMethodNetOfTaxWithholdings
188409000 usd
idxx Treasury Stock Value Acquired Cost Method Net Of Tax Withholdings
TreasuryStockValueAcquiredCostMethodNetOfTaxWithholdings
576238000 usd
idxx Treasury Stock Value Acquired Cost Method Net Of Tax Withholdings
TreasuryStockValueAcquiredCostMethodNetOfTaxWithholdings
327622000 usd
CY2022Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
52000 usd
CY2021Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
3000 usd
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
10390000 usd
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
14986000 usd
CY2022Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
313507000 usd
CY2021Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
188412000 usd
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
586628000 usd
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
342608000 usd
CY2022Q2 idxx Treasury Stock Acquired Average Cost Per Share Open Market Repurchase
TreasuryStockAcquiredAverageCostPerShareOpenMarketRepurchase
387.78
CY2021Q2 idxx Treasury Stock Acquired Average Cost Per Share Open Market Repurchase
TreasuryStockAcquiredAverageCostPerShareOpenMarketRepurchase
552.08
idxx Treasury Stock Acquired Average Cost Per Share Open Market Repurchase
TreasuryStockAcquiredAverageCostPerShareOpenMarketRepurchase
439.63
idxx Treasury Stock Acquired Average Cost Per Share Open Market Repurchase
TreasuryStockAcquiredAverageCostPerShareOpenMarketRepurchase
529.45
CY2022Q2 idxx Treasury Stock Acquired Average Cost Per Share Employee Surrenders
TreasuryStockAcquiredAverageCostPerShareEmployeeSurrenders
369.63
CY2021Q2 idxx Treasury Stock Acquired Average Cost Per Share Employee Surrenders
TreasuryStockAcquiredAverageCostPerShareEmployeeSurrenders
550.59
idxx Treasury Stock Acquired Average Cost Per Share Employee Surrenders
TreasuryStockAcquiredAverageCostPerShareEmployeeSurrenders
504.60
idxx Treasury Stock Acquired Average Cost Per Share Employee Surrenders
TreasuryStockAcquiredAverageCostPerShareEmployeeSurrenders
544.08
CY2022Q2 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
387.78
CY2021Q2 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
552.08
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
440.63
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
530.07
CY2022Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.229
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.195
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.210
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.173
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-8651000 usd
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
5570000 usd
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
955000 usd
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-4269000 usd
idxx Other Comprehensive Income Loss Net Investment Hedge Euro Denominated Notes Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeEuroDenominatedNotesGainLossAfterReclassificationAndTax
2700000 usd
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83922000 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
85325000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
84164000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
85427000 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83922000 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
85325000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
84164000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
85427000 shares
CY2022Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
936000 shares
CY2021Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1329000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1058000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1367000 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
84858000 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
86654000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
85222000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
86794000 shares
us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
50000000 usd
CY2020Q3 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
27500000 usd
CY2022Q2 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
0 usd
CY2021Q4 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
0 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
860546000 usd
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
179066000 usd
CY2022Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-7983000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
171083000 usd
idxx Other Comprehensive Income Loss Net Investment Hedge Euro Denominated Notes Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeEuroDenominatedNotesGainLossAfterReclassificationAndTax
5500000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
39104000 usd
CY2022Q2 us-gaap Profit Loss
ProfitLoss
131979000 usd
CY2022Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
131979000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
826142000 usd
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
259253000 usd
CY2021Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-7522000 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
251731000 usd
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
49125000 usd
CY2021Q2 us-gaap Profit Loss
ProfitLoss
202606000 usd
CY2021Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
24000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
202582000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1697095000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
427410000 usd
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-14836000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
412574000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
86630000 usd
us-gaap Profit Loss
ProfitLoss
325944000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 usd
us-gaap Net Income Loss
NetIncomeLoss
325944000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1603849000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
506875000 usd
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-15054000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
491821000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
84926000 usd
us-gaap Profit Loss
ProfitLoss
406895000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
56000 usd
us-gaap Net Income Loss
NetIncomeLoss
406839000 usd
CY2021Q2 idxx Other Comprehensive Income Loss Net Investment Hedge Euro Denominated Notes Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeEuroDenominatedNotesGainLossAfterReclassificationAndTax
-1000000 usd
us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
11200000 usd
us-gaap Maximum Length Of Time Foreign Currency Cash Flow Hedge
MaximumLengthOfTimeForeignCurrencyCashFlowHedge
P24M
CY2022Q2 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
259400000 usd
CY2021Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
286700000 usd
CY2022Q2 us-gaap Cost Of Revenue
CostOfRevenue
346514000 usd
CY2021Q2 us-gaap Cost Of Revenue
CostOfRevenue
336834000 usd
us-gaap Cost Of Revenue
CostOfRevenue
684310000 usd
us-gaap Cost Of Revenue
CostOfRevenue
643759000 usd
CY2022Q2 idxx Other Comprehensive Income Loss Net Investment Hedge Euro Denominated Notes Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeEuroDenominatedNotesGainLossAfterReclassificationAndTax
4100000 usd
idxx Other Comprehensive Income Loss Net Investment Hedge Cross Currency Swaps Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeCrossCurrencySwapsGainLossBeforeReclassificationAfterTax
5300000 usd
CY2021Q2 idxx Other Comprehensive Income Loss Net Investment Hedge Cross Currency Swaps Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeCrossCurrencySwapsGainLossBeforeReclassificationAfterTax
-1100000 usd
idxx Other Comprehensive Income Loss Net Investment Hedge Cross Currency Swaps Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeCrossCurrencySwapsGainLossBeforeReclassificationAfterTax
2200000 usd
CY2022Q2 us-gaap Gain Loss On Components Excluded From Assessment Of Interest Rate Cash Flow Hedge Effectiveness
GainLossOnComponentsExcludedFromAssessmentOfInterestRateCashFlowHedgeEffectiveness
700000 usd
us-gaap Gain Loss On Components Excluded From Assessment Of Interest Rate Cash Flow Hedge Effectiveness
GainLossOnComponentsExcludedFromAssessmentOfInterestRateCashFlowHedgeEffectiveness
1400000 usd
CY2021Q2 us-gaap Gain Loss On Components Excluded From Assessment Of Interest Rate Cash Flow Hedge Effectiveness
GainLossOnComponentsExcludedFromAssessmentOfInterestRateCashFlowHedgeEffectiveness
700000 usd
us-gaap Gain Loss On Components Excluded From Assessment Of Interest Rate Cash Flow Hedge Effectiveness
GainLossOnComponentsExcludedFromAssessmentOfInterestRateCashFlowHedgeEffectiveness
1400000 usd

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