2024 Q4 Form 10-Q Financial Statement

#000087471624000139 Filed on October 31, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $975.5M
YoY Change 6.56%
Cost Of Revenue $379.5M
YoY Change 3.25%
Gross Profit $596.0M
YoY Change 8.77%
Gross Profit Margin 61.1%
Selling, General & Admin $238.2M
YoY Change 5.98%
% of Gross Profit 39.96%
Research & Development $53.98M
YoY Change 12.53%
% of Gross Profit 9.06%
Depreciation & Amortization $34.13M
YoY Change 17.7%
% of Gross Profit 5.73%
Operating Expenses $292.1M
YoY Change 7.13%
Operating Profit $303.9M
YoY Change 10.39%
Interest Expense -$4.983M
YoY Change -157.63%
% of Operating Profit -1.64%
Other Income/Expense, Net
YoY Change
Pretax Income $298.9M
YoY Change 11.58%
Income Tax $66.07M
% Of Pretax Income 22.1%
Net Earnings $232.8M
YoY Change 9.71%
Net Earnings / Revenue 23.87%
Basic Earnings Per Share $2.83
Diluted Earnings Per Share $2.80
COMMON SHARES
Basic Shares Outstanding 81.88M shares 82.31M shares
Diluted Shares Outstanding 83.06M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $308.6M
YoY Change -6.95%
Cash & Equivalents $308.6M
Short-Term Investments
Other Short-Term Assets $224.1M
YoY Change 8.84%
Inventory $389.8M
Prepaid Expenses $57.22M
Receivables $511.3M
Other Receivables $0.00
Total Short-Term Assets $1.434B
YoY Change 3.58%
LONG-TERM ASSETS
Property, Plant & Equipment $717.7M
YoY Change 4.46%
Goodwill $412.1M
YoY Change 13.91%
Intangibles $106.9M
YoY Change 22.67%
Long-Term Investments $55.23M
YoY Change 1.71%
Other Assets $559.3M
YoY Change 24.73%
Total Long-Term Assets $1.917B
YoY Change 12.62%
TOTAL ASSETS
Total Short-Term Assets $1.434B
Total Long-Term Assets $1.917B
Total Assets $3.351B
YoY Change 8.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $110.6M
YoY Change -1.78%
Accrued Expenses $511.0M
YoY Change 21.59%
Deferred Revenue $38.43M
YoY Change 3.09%
Short-Term Debt $250.0M
YoY Change 0.0%
Long-Term Debt Due $99.14M
YoY Change -33.9%
Total Short-Term Liabilities $1.009B
YoY Change 4.02%
LONG-TERM LIABILITIES
Long-Term Debt $524.8M
YoY Change -15.2%
Other Long-Term Liabilities $62.88M
YoY Change 4.43%
Total Long-Term Liabilities $723.5M
YoY Change -11.64%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.009B
Total Long-Term Liabilities $723.5M
Total Liabilities $1.733B
YoY Change -3.15%
SHAREHOLDERS EQUITY
Retained Earnings $5.116B
YoY Change 20.38%
Common Stock $1.657B
YoY Change 6.65%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.618B
YoY Change
Total Liabilities & Shareholders Equity $3.351B
YoY Change 8.57%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $232.8M
YoY Change 9.71%
Depreciation, Depletion And Amortization $34.13M
YoY Change 17.7%
Cash From Operating Activities $220.1M
YoY Change -19.24%
INVESTING ACTIVITIES
Capital Expenditures $28.09M
YoY Change -17.63%
Acquisitions
YoY Change
Other Investing Activities $721.0K
YoY Change -88.56%
Cash From Investing Activities -$27.37M
YoY Change -1.55%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -291.0M
YoY Change 575.13%
NET CHANGE
Cash From Operating Activities 220.1M
Cash From Investing Activities -27.37M
Cash From Financing Activities -291.0M
Net Change In Cash -98.27M
YoY Change -148.74%
FREE CASH FLOW
Cash From Operating Activities $220.1M
Capital Expenditures $28.09M
Free Cash Flow $192.0M
YoY Change -19.47%

Facts In Submission

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us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y6M
CY2024Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15900000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
46000000.0 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15200000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
44500000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.32
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.32
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P7Y
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y8M12D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.043
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.037
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
239.49
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
201.48
CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
12400000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
9500000 usd
CY2024Q3 idxx Accounts Receivable Percent Not Past Due
AccountsReceivablePercentNotPastDue
0.83
CY2024Q3 idxx Accounts Receivable Percent Past Due
AccountsReceivablePercentPastDue
0.17
CY2023Q4 idxx Accounts Receivable Percent Not Past Due
AccountsReceivablePercentNotPastDue
0.83
CY2023Q4 idxx Accounts Receivable Percent Past Due
AccountsReceivablePercentPastDue
0.17
CY2024Q3 idxx Contractwith Customer Asset And Sales Type Lease Net Investment In Lease Allowancefor Credit Loss
ContractwithCustomerAssetAndSalesTypeLeaseNetInvestmentInLeaseAllowanceforCreditLoss
7000000 usd
CY2023Q4 idxx Contractwith Customer Asset And Sales Type Lease Net Investment In Lease Allowancefor Credit Loss
ContractwithCustomerAssetAndSalesTypeLeaseNetInvestmentInLeaseAllowanceforCreditLoss
6400000 usd
CY2024Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
106858000 usd
CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
106392000 usd
CY2024Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
32389000 usd
CY2023Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
28989000 usd
CY2024Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
250557000 usd
CY2023Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
244901000 usd
CY2024Q3 us-gaap Inventory Net
InventoryNet
389804000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
380282000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
4628000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
28421000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
26199000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
20731000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
14798000 usd
CY2024Q3 idxx Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
52007000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
146784000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
22402000 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
124382000 usd
CY2024Q3 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
800000 usd
CY2024Q3 us-gaap Lessee Operating Lease Lease Not Yet Commenced Term Of Contract1
LesseeOperatingLeaseLeaseNotYetCommencedTermOfContract1
P5Y
us-gaap Operating Lease Payments
OperatingLeasePayments
21398000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
20304000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
22331000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
18219000 usd
CY2024Q3 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
61416000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
55111000 usd
CY2024Q3 us-gaap Deferred Costs Current
DeferredCostsCurrent
58507000 usd
CY2023Q4 us-gaap Deferred Costs Current
DeferredCostsCurrent
54081000 usd
CY2024Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
57222000 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
48370000 usd
CY2024Q3 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
14405000 usd
CY2023Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
16972000 usd
CY2024Q3 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
32504000 usd
CY2023Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
29061000 usd
CY2024Q3 us-gaap Other Assets Current
OtherAssetsCurrent
224054000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
203595000 usd
CY2024Q3 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
185863000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
167963000 usd
CY2024Q3 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
134677000 usd
CY2023Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
107364000 usd
CY2024Q3 us-gaap Deferred Costs
DeferredCosts
130450000 usd
CY2023Q4 us-gaap Deferred Costs
DeferredCosts
114850000 usd
CY2024Q3 us-gaap Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
30000000 usd
CY2023Q4 us-gaap Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
30250000 usd
CY2024Q3 us-gaap Prepaid Expense Other Noncurrent
PrepaidExpenseOtherNoncurrent
25228000 usd
CY2023Q4 us-gaap Prepaid Expense Other Noncurrent
PrepaidExpenseOtherNoncurrent
25943000 usd
CY2024Q3 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
53050000 usd
CY2023Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
50164000 usd
CY2024Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
559268000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
496534000 usd
CY2024Q2 us-gaap Supplier Finance Program Obligation
SupplierFinanceProgramObligation
8747000 usd
CY2023Q2 us-gaap Supplier Finance Program Obligation
SupplierFinanceProgramObligation
5395000 usd
CY2023Q4 us-gaap Supplier Finance Program Obligation
SupplierFinanceProgramObligation
9057000 usd
CY2022Q4 us-gaap Supplier Finance Program Obligation
SupplierFinanceProgramObligation
10171000 usd
CY2024Q3 us-gaap Supplier Finance Program Obligation Increase
SupplierFinanceProgramObligationIncrease
11725000 usd
CY2023Q3 us-gaap Supplier Finance Program Obligation Increase
SupplierFinanceProgramObligationIncrease
9332000 usd
us-gaap Supplier Finance Program Obligation Increase
SupplierFinanceProgramObligationIncrease
35049000 usd
us-gaap Supplier Finance Program Obligation Increase
SupplierFinanceProgramObligationIncrease
34706000 usd
CY2024Q3 us-gaap Supplier Finance Program Obligation Decrease Settlement
SupplierFinanceProgramObligationDecreaseSettlement
14968000 usd
CY2023Q3 us-gaap Supplier Finance Program Obligation Decrease Settlement
SupplierFinanceProgramObligationDecreaseSettlement
6876000 usd
us-gaap Supplier Finance Program Obligation Decrease Settlement
SupplierFinanceProgramObligationDecreaseSettlement
38602000 usd
us-gaap Supplier Finance Program Obligation Decrease Settlement
SupplierFinanceProgramObligationDecreaseSettlement
37026000 usd
CY2024Q3 us-gaap Supplier Finance Program Obligation
SupplierFinanceProgramObligation
5504000 usd
CY2023Q3 us-gaap Supplier Finance Program Obligation
SupplierFinanceProgramObligation
7851000 usd
CY2024Q3 us-gaap Supplier Finance Program Obligation
SupplierFinanceProgramObligation
5504000 usd
CY2023Q3 us-gaap Supplier Finance Program Obligation
SupplierFinanceProgramObligation
7851000 usd
CY2024Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
175397000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
113596000 usd
CY2024Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
158985000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
174375000 usd
CY2024Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
80073000 usd
CY2023Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
86553000 usd
CY2024Q3 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
75630000 usd
CY2023Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
84386000 usd
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
20962000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
19802000 usd
CY2024Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
511047000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
478712000 usd
CY2024Q3 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
30504000 usd
CY2023Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
39642000 usd
CY2024Q3 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
32375000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
25884000 usd
CY2024Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
62879000 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
65526000 usd
CY2024Q3 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
250000000 usd
CY2023Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
250000000 usd
CY2024Q3 idxx Treasury Stock Shares Acquired Net Of Tax Withholdings
TreasuryStockSharesAcquiredNetOfTaxWithholdings
459000 shares
CY2023Q3 idxx Treasury Stock Shares Acquired Net Of Tax Withholdings
TreasuryStockSharesAcquiredNetOfTaxWithholdings
65000 shares
idxx Treasury Stock Shares Acquired Net Of Tax Withholdings
TreasuryStockSharesAcquiredNetOfTaxWithholdings
1177000 shares
idxx Treasury Stock Shares Acquired Net Of Tax Withholdings
TreasuryStockSharesAcquiredNetOfTaxWithholdings
65000 shares
CY2024Q3 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
1000 shares
CY2023Q3 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
1000 shares
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
19000 shares
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
20000 shares
CY2024Q3 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
460000 shares
CY2023Q3 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
66000 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1196000 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
85000 shares
CY2024Q3 idxx Treasury Stock Value Acquired Cost Method Net Of Tax Withholdings
TreasuryStockValueAcquiredCostMethodNetOfTaxWithholdings
224945000 usd
CY2023Q3 idxx Treasury Stock Value Acquired Cost Method Net Of Tax Withholdings
TreasuryStockValueAcquiredCostMethodNetOfTaxWithholdings
35070000 usd
idxx Treasury Stock Value Acquired Cost Method Net Of Tax Withholdings
TreasuryStockValueAcquiredCostMethodNetOfTaxWithholdings
600216000 usd
idxx Treasury Stock Value Acquired Cost Method Net Of Tax Withholdings
TreasuryStockValueAcquiredCostMethodNetOfTaxWithholdings
35070000 usd
CY2024Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
218000 usd
CY2023Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
231000 usd
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
10486000 usd
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
9907000 usd
CY2024Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
225163000 usd
CY2023Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
35301000 usd
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
610702000 usd
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
44977000 usd
CY2024Q3 idxx Treasury Stock Acquired Average Cost Per Share Open Market Repurchase
TreasuryStockAcquiredAverageCostPerShareOpenMarketRepurchase
490.23
CY2023Q3 idxx Treasury Stock Acquired Average Cost Per Share Open Market Repurchase
TreasuryStockAcquiredAverageCostPerShareOpenMarketRepurchase
536.03
idxx Treasury Stock Acquired Average Cost Per Share Open Market Repurchase
TreasuryStockAcquiredAverageCostPerShareOpenMarketRepurchase
509.81
idxx Treasury Stock Acquired Average Cost Per Share Open Market Repurchase
TreasuryStockAcquiredAverageCostPerShareOpenMarketRepurchase
536.03
CY2024Q3 idxx Treasury Stock Acquired Average Cost Per Share Employee Surrenders
TreasuryStockAcquiredAverageCostPerShareEmployeeSurrenders
465.27
CY2023Q3 idxx Treasury Stock Acquired Average Cost Per Share Employee Surrenders
TreasuryStockAcquiredAverageCostPerShareEmployeeSurrenders
506.74
idxx Treasury Stock Acquired Average Cost Per Share Employee Surrenders
TreasuryStockAcquiredAverageCostPerShareEmployeeSurrenders
557.64
idxx Treasury Stock Acquired Average Cost Per Share Employee Surrenders
TreasuryStockAcquiredAverageCostPerShareEmployeeSurrenders
503.43
CY2024Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
490.20
CY2023Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
535.83
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
510.57
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
528.49
CY2024Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.221
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.208
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.213
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.208
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
233100000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
160900000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
82304000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83097000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
82675000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83058000 shares
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
82304000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83097000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
82675000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83058000 shares
CY2024Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
752000 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
896000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
803000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
932000 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
83056000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
83993000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
83478000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
83990000 shares
us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
50000000 usd
CY2024Q2 us-gaap Loss Contingency Accrual Carrying Value Period Increase Decrease
LossContingencyAccrualCarryingValuePeriodIncreaseDecrease
27500000 usd
CY2024Q2 us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
89000000 usd
CY2023Q4 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
0 usd
CY2024Q3 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
0 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
975543000 usd
CY2024Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
303892000 usd
CY2024Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-4983000 usd
CY2024Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
298909000 usd
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
66068000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
232841000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
915527000 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
275283000 usd
CY2023Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-7392000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
267891000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
55660000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
212231000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2943216000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
866651000 usd
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-13207000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
853444000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
181726000 usd
us-gaap Net Income Loss
NetIncomeLoss
671718000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2759352000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
851826000 usd
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-30318000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
821508000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
170987000 usd
us-gaap Net Income Loss
NetIncomeLoss
650521000 usd
CY2024Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
4400000 usd
CY2023Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
120000 usd
CY2023Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
0 usd
CY2022Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
120000 usd
CY2024Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
0 usd
CY2023Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
0 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
4400000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
0 usd
CY2024Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
0 usd
CY2023Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
99000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
0 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
99000 usd
CY2024Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
0 usd
CY2023Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
-21000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
0 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
-21000 usd
CY2024Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
4400000 usd
CY2023Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
0 usd
CY2024Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
4400000 usd
CY2023Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
0 usd
CY2024Q3 idxx Other Comprehensive Income Loss Net Investment Hedge Euro Denominated Notes Gain Loss After Reclassification And Tax Attributable To Parent
OtherComprehensiveIncomeLossNetInvestmentHedgeEuroDenominatedNotesGainLossAfterReclassificationAndTaxAttributableToParent
-3100000 usd
idxx Other Comprehensive Income Loss Net Investment Hedge Euro Denominated Notes Gain Loss After Reclassification And Tax Attributable To Parent
OtherComprehensiveIncomeLossNetInvestmentHedgeEuroDenominatedNotesGainLossAfterReclassificationAndTaxAttributableToParent
-700000 usd
CY2023Q3 idxx Other Comprehensive Income Loss Net Investment Hedge Euro Denominated Notes Gain Loss After Reclassification And Tax Attributable To Parent
OtherComprehensiveIncomeLossNetInvestmentHedgeEuroDenominatedNotesGainLossAfterReclassificationAndTaxAttributableToParent
2300000 usd
idxx Other Comprehensive Income Loss Net Investment Hedge Euro Denominated Notes Gain Loss After Reclassification And Tax Attributable To Parent
OtherComprehensiveIncomeLossNetInvestmentHedgeEuroDenominatedNotesGainLossAfterReclassificationAndTaxAttributableToParent
500000 usd
CY2024Q3 idxx Other Comprehensive Income Loss Net Investment Hedge Cross Currency Swaps Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeCrossCurrencySwapsGainLossBeforeReclassificationAfterTax
-3800000 usd
idxx Other Comprehensive Income Loss Net Investment Hedge Cross Currency Swaps Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeCrossCurrencySwapsGainLossBeforeReclassificationAfterTax
-400000 usd
CY2023Q3 idxx Other Comprehensive Income Loss Net Investment Hedge Cross Currency Swaps Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeCrossCurrencySwapsGainLossBeforeReclassificationAfterTax
1900000 usd
idxx Other Comprehensive Income Loss Net Investment Hedge Cross Currency Swaps Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeCrossCurrencySwapsGainLossBeforeReclassificationAfterTax
-1200000 usd
CY2024Q3 us-gaap Gain Loss On Components Excluded From Assessment Of Interest Rate Cash Flow Hedge Effectiveness
GainLossOnComponentsExcludedFromAssessmentOfInterestRateCashFlowHedgeEffectiveness
400000 usd
us-gaap Gain Loss On Components Excluded From Assessment Of Interest Rate Cash Flow Hedge Effectiveness
GainLossOnComponentsExcludedFromAssessmentOfInterestRateCashFlowHedgeEffectiveness
1100000 usd
CY2023Q3 us-gaap Gain Loss On Components Excluded From Assessment Of Interest Rate Cash Flow Hedge Effectiveness
GainLossOnComponentsExcludedFromAssessmentOfInterestRateCashFlowHedgeEffectiveness
300000 usd
us-gaap Gain Loss On Components Excluded From Assessment Of Interest Rate Cash Flow Hedge Effectiveness
GainLossOnComponentsExcludedFromAssessmentOfInterestRateCashFlowHedgeEffectiveness
1800000 usd
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

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