2014 Form 10-K Financial Statement

#000119312515067900 Filed on February 27, 2015

View on sec.gov

Income Statement

Concept 2014 2013 Q4 2013 Q3
Revenue $1.989B $565.4M $457.3M
YoY Change 4.47% 8.37% 1.64%
Cost Of Revenue $824.9M $229.0M $191.6M
YoY Change 5.29% 9.9% 4.85%
Gross Profit $1.164B $336.5M $265.7M
YoY Change 3.9% 7.36% -0.56%
Gross Profit Margin 58.53% 59.5% 58.11%
Selling, General & Admin $512.7M $130.7M $120.6M
YoY Change 4.0% 6.99% 4.54%
% of Gross Profit 44.03% 38.84% 45.37%
Research & Development $107.7M $26.98M $23.60M
YoY Change 7.15% 8.08% -0.66%
% of Gross Profit 9.25% 8.02% 8.88%
Depreciation & Amortization $46.39M $21.50M $20.50M
YoY Change 21.56% 22.16% -0.49%
% of Gross Profit 3.98% 6.39% 7.71%
Operating Expenses $620.4M $157.7M $144.2M
YoY Change 4.54% 7.17% 3.66%
Operating Profit $517.9M $176.2M $119.1M
YoY Change 0.11% 10.52% -2.2%
Interest Expense $34.19M $7.927M $7.358M
YoY Change 13.78% 4.34% 3.53%
% of Operating Profit 6.6% 4.5% 6.18%
Other Income/Expense, Net $0.00 $0.00
YoY Change -100.0%
Pretax Income $490.7M $169.3M $112.7M
YoY Change 0.13% 10.65% -2.73%
Income Tax $59.12M $27.74M $14.61M
% Of Pretax Income 12.05% 16.38% 12.97%
Net Earnings $431.6M $141.6M $98.00M
YoY Change -4.09% -19.5% -1.11%
Net Earnings / Revenue 21.7% 25.04% 21.43%
Basic Earnings Per Share $5.12
Diluted Earnings Per Share $5.07 $1.647M $1.134M
COMMON SHARES
Basic Shares Outstanding 84.36M shares 85.01M shares 85.19M shares
Diluted Shares Outstanding 85.15M shares 86.02M shares 86.36M shares

Balance Sheet

Concept 2014 2013 Q4 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.055B $1.804B $1.699B
YoY Change 13.95% 17.2% 17.31%
Cash & Equivalents $422.2M $440.8M $431.0M
Short-Term Investments $1.633B $1.363B $1.268B
Other Short-Term Assets $81.60M $78.80M $99.20M
YoY Change 3.55% -6.83% 24.48%
Inventory $246.4M $242.8M $257.0M
Prepaid Expenses
Receivables $433.6M $431.0M $373.8M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.817B $2.556B $2.429B
YoY Change 10.2% 13.22% 13.64%
LONG-TERM ASSETS
Property, Plant & Equipment $321.6M $324.9M $313.7M
YoY Change -1.02% 18.9% 20.14%
Goodwill $350.4M
YoY Change 10.58%
Intangibles $239.1M
YoY Change 8.62%
Long-Term Investments
YoY Change
Other Assets $151.4M $112.0M $111.4M
YoY Change 35.18% 11.79% 60.55%
Total Long-Term Assets $1.058B $1.026B $996.2M
YoY Change 3.06% 12.74% 15.89%
TOTAL ASSETS
Total Short-Term Assets $2.817B $2.556B $2.429B
Total Long-Term Assets $1.058B $1.026B $996.2M
Total Assets $3.875B $3.583B $3.425B
YoY Change 8.15% 13.08% 14.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $65.70M $64.96M $62.80M
YoY Change 1.08% 18.71% 4.22%
Accrued Expenses $60.50M $56.30M $42.20M
YoY Change 7.46% 27.09% 6.03%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $225.2M $133.3M $133.8M
YoY Change 68.94% 0.38% -70.11%
Total Short-Term Liabilities $580.5M $487.5M $492.9M
YoY Change 19.08% -3.31% -35.78%
LONG-TERM LIABILITIES
Long-Term Debt $1.238B $1.190B $1.160B
YoY Change 3.99% 13.88% 65.71%
Other Long-Term Liabilities $141.7M $41.77M $134.7M
YoY Change 21.63% 63.44% 306.27%
Total Long-Term Liabilities $1.379B $1.332B $1.295B
YoY Change 5.56% 11.31% 43.9%
TOTAL LIABILITIES
Total Short-Term Liabilities $580.5M $487.5M $492.9M
Total Long-Term Liabilities $1.379B $1.332B $1.295B
Total Liabilities $1.980B $1.819B $1.807B
YoY Change 8.82% 6.98% 8.36%
SHAREHOLDERS EQUITY
Retained Earnings $3.963B
YoY Change 12.81%
Common Stock $1.272B
YoY Change 9.95%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.478B
YoY Change 9.5%
Treasury Stock Shares 70.43M shares
Shareholders Equity $1.895B $1.763B $1.619B
YoY Change
Total Liabilities & Shareholders Equity $3.875B $3.583B $3.425B
YoY Change 8.15% 13.08% 14.29%

Cashflow Statement

Concept 2014 2013 Q4 2013 Q3
OPERATING ACTIVITIES
Net Income $431.6M $141.6M $98.00M
YoY Change -4.09% -19.5% -1.11%
Depreciation, Depletion And Amortization $46.39M $21.50M $20.50M
YoY Change 21.56% 22.16% -0.49%
Cash From Operating Activities $511.6M $143.3M $104.8M
YoY Change 5.51% 8.81% 3.46%
INVESTING ACTIVITIES
Capital Expenditures -$106.2M -$25.70M -$31.50M
YoY Change -10.38% -18.93% 20.69%
Acquisitions $27.01M
YoY Change -34.76%
Other Investing Activities -$295.8M -$109.7M -$99.90M
YoY Change -14.58% -420.76% 21.83%
Cash From Investing Activities -$402.0M -$135.3M -$131.4M
YoY Change -13.5% -5512.0% 21.44%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $337.4M
YoY Change 11.89%
Debt Paid & Issued, Net $239.8M
YoY Change -72.96%
Cash From Financing Activities -107.2M -2.500M -9.000M
YoY Change 65.98% -80.92% -46.75%
NET CHANGE
Cash From Operating Activities 511.6M 143.3M 104.8M
Cash From Investing Activities -402.0M -135.3M -131.4M
Cash From Financing Activities -107.2M -2.500M -9.000M
Net Change In Cash 2.400M 5.500M -35.60M
YoY Change -105.4% -95.46% 49.58%
FREE CASH FLOW
Cash From Operating Activities $511.6M $143.3M $104.8M
Capital Expenditures -$106.2M -$25.70M -$31.50M
Free Cash Flow $617.8M $169.0M $136.3M
YoY Change 2.39% 3.43% 6.99%

Facts In Submission

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CY2014 us-gaap Nature Of Operations
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<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Waters Corporation (&#8220;Waters</font><font style="font-family:Times New Roman;font-size:10pt;">&#174;</font><font style="font-family:Times New Roman;font-size:10pt;">&#8221; or the &#8220;Company&#8221;) is</font><font style="font-family:Times New Roman;font-size:10pt;"> an ana</font><font style="font-family:Times New Roman;font-size:10pt;">lytical instrument manufacturer that</font><font style="font-family:Times New Roman;font-size:10pt;"> primarily designs, manufactures, sells and services, through its Waters Division, high performance liquid chromatography (&#8220;HPLC&#8221;), ultra performance liquid chromatography (&#8220;UPLC</font><font style="font-family:Times New Roman;font-size:10pt;">&#174;</font><font style="font-family:Times New Roman;font-size:10pt;">&#8221; and together with HPLC, referred to as &#8220;LC&#8221;) and mass spectrometry (&#8220;MS&#8221;) </font><font style="font-family:Times New Roman;font-size:10pt;">technology</font><font style="font-family:Times New Roman;font-size:10pt;"> systems and support products, including chromatography columns, other consumable products and comprehensive post-warranty service plans. These systems are complementary products that </font><font style="font-family:Times New Roman;font-size:10pt;">are frequently employed together (&#8220;LC-MS&#8221;) and sold as </font><font style="font-family:Times New Roman;font-size:10pt;">integrated </font><font style="font-family:Times New Roman;font-size:10pt;">instrument systems using a common software platform</font><font style="font-family:Times New Roman;font-size:10pt;">. LC is a standard technique and is utilized in a broad range of industries to detect, identify, monitor and measure the chemical, physical and biological composition of materials, and to purify a full range of compounds. MS instruments are used in drug discovery and development, including clinical trial testing, the analysis of proteins in disease process</font><font style="font-family:Times New Roman;font-size:10pt;">es (known as &#8220;proteomics&#8221;), nutritional</font><font style="font-family:Times New Roman;font-size:10pt;"> safety analysis and environmental testing. LC-MS instruments </font><font style="font-family:Times New Roman;font-size:10pt;">combine</font><font style="font-family:Times New Roman;font-size:10pt;"> a liquid phase sample introduction and separation system with mass spectrometric compound identification and quantification. Through its TA Division (&#8220;TA</font><font style="font-family:Times New Roman;font-size:10pt;">&#174;</font><font style="font-family:Times New Roman;font-size:10pt;">&#8221;), the Company primarily designs, manufactures, sells and services thermal analysis, </font><font style="font-family:Times New Roman;font-size:10pt;">rheometry</font><font style="font-family:Times New Roman;font-size:10pt;"> and </font><font style="font-family:Times New Roman;font-size:10pt;">calorimetry</font><font style="font-family:Times New Roman;font-size:10pt;"> instruments, which are used in predicting the suitability</font><font style="font-family:Times New Roman;font-size:10pt;"> and stability</font><font style="font-family:Times New Roman;font-size:10pt;"> of fine chemicals, </font><font style="font-family:Times New Roman;font-size:10pt;">pharmaceuticals, water, </font><font style="font-family:Times New Roman;font-size:10pt;">polymers and viscous liquids for various industrial, consumer goods and healthcare products, as well as for life science research. The Company is also a developer and supplier of software-based products that interface with the Company's instruments</font><font style="font-family:Times New Roman;font-size:10pt;">, as well as other </font><font style="font-family:Times New Roman;font-size:10pt;">suppliers</font><font style="font-family:Times New Roman;font-size:10pt;">' instruments,</font><font style="font-family:Times New Roman;font-size:10pt;"> and are typically purchased by customers as part of the instrument system.</font></p>
CY2014 wat Consolidated Entities
ConsolidatedEntities
The Company consolidates entities in which it owns or controls fifty percent or more of the voting shares.
CY2014 us-gaap Foreign Currency Transactions Description
ForeignCurrencyTransactionsDescription
Gains and losses from foreign currency transactions are included in net income in the consolidated statements of operations and were not material for the years presented.
CY2012 us-gaap Foreign Currency Transactions Description
ForeignCurrencyTransactionsDescription
Gains and losses from foreign currency transactions are included in net income in the consolidated statements of operations and were not material for the years presented.
CY2014 us-gaap Additional Cash And Cash Equivalent Related Text
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Cash equivalents represent highly liquid investments, with original maturities of 90&#160;days or less, primarily in bank deposits, U.S. and U.K. treasury bill money market funds and commercial paper.
CY2014 us-gaap Accounts Receivable Additional Narrative Disclosure
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Past due balances over 90&#160;days and over a specified amount are reviewed individually for collectibility.
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CY2014Q4 wat Allowances For Doubtful Accounts And Sales Returns
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88000 USD
CY2014 us-gaap Description Of Foreign Currency Derivative Activities
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The periods of these forward contracts typically range from one to three months and have varying notional amounts, which are intended to be consistent with changes in the underlying exposures.
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123000 USD
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651000 USD
CY2014Q4 wat Potential Payments Under Licensing Arrangements
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15000000 USD
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62851000 USD
CY2013Q4 wat Waters Restoration Plan Assets
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31203000 USD
CY2013Q4 us-gaap Liabilities Fair Value Disclosure
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88000 USD
CY2013Q4 us-gaap Assets Fair Value Disclosure
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1494823000 USD
CY2014 us-gaap Cost Method Investments Additional Information
CostMethodInvestmentsAdditionalInformation
The Company accounts for its investments that represent less than twenty percent ownership, and for which the Company does not have significant influence, using the accounting standards for investments in debt and equity securities. Investments for which the Company does not have the ability to exercise significant influence, and for which there is not a readily determinable market value, are accounted for under the cost method of accounting. The Company periodically evaluates the carrying value of its investments accounted for under the cost method of accounting and carries them at the lower of cost or estimated net realizable value.
CY2014 us-gaap Equity Method Investment Additional Information
EquityMethodInvestmentAdditionalInformation
For investments in which the Company owns or controls between twenty and forty-nine percent of the voting shares, or over which it exerts significant influence over operating and financial policies, the equity method of accounting is used. The Company&#8217;s share of net income or losses of equity investments is included in the consolidated statements of operations and was not material in any period presented.
CY2012 us-gaap Equity Method Investment Additional Information
EquityMethodInvestmentAdditionalInformation
The Company&#8217;s share of net income or losses of equity investments is included in the consolidated statements of operations and was not material in any period presented.
CY2013 us-gaap Equity Method Investment Additional Information
EquityMethodInvestmentAdditionalInformation
The Company&#8217;s share of net income or losses of equity investments is included in the consolidated statements of operations and was not material in any period presented.
CY2014Q4 us-gaap Other Cash Equivalents At Carrying Value
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29000000 USD
CY2014Q4 wat Waters Restoration Plan Assets
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33935000 USD
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3612000 USD
CY2014Q4 us-gaap Assets Held For Sale Long Lived Fair Value Disclosure
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4000000 USD
CY2014 us-gaap Gain Loss On Disposition Of Assets
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1000000 USD
CY2013 us-gaap Standard Product Warranty Accrual Payments
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-7857000 USD
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13258000 USD
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7212000 USD
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-8117000 USD
CY2012 us-gaap Advertising Expense
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13000000 USD
CY2014Q4 wat Cash Equivalents And Investments Amortized Cost Basis
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1700666000 USD
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441000 USD
CY2014Q4 wat Cash Equivalents And Investments Gross Unrealized Losses
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-845000 USD
CY2014Q4 wat Cash Equivalents And Investments Fair Value
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1700262000 USD
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1399712000 USD
CY2013Q4 wat Cash Equivalents And Investments Fair Value
CashEquivalentsAndInvestmentsFairValue
1399840000 USD
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-243000 USD
CY2013Q4 wat Cash Equivalents And Investments Gross Unrealized Gains
CashEquivalentsAndInvestmentsGrossUnrealizedGains
371000 USD
CY2012 us-gaap Property Plant And Equipment Income Statement Disclosures
PropertyPlantAndEquipmentIncomeStatementDisclosures
Gains on disposal were $1 million during the year ended December 31, 2014 and were immaterial for both 2013 and 2012.
CY2014Q4 wat Cash Equivalents And Investments Debt Maturities Next Rolling Twelve Months Fair Value
CashEquivalentsAndInvestmentsDebtMaturitiesNextRollingTwelveMonthsFairValue
872872000 USD
CY2014Q4 wat Cash Equivalents And Investments Debt Maturities Rolling Year Two And Beyone
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763003000 USD
CY2014Q4 wat Debt Securities
DebtSecurities
1635875000 USD
CY2013Q4 wat Debt Securities
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1325643000 USD
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1011459000 USD
CY2013Q4 wat Cash Equivalents And Investments Debt Maturities Rolling Year Two And Beyone
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314184000 USD
CY2012Q4 wat Derivative Notional Amount1
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134000000 USD
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174000 USD
CY2012 wat Unrealized Gain Loss On Foreign Currency Derivatives Recorded In Earnings Net
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1716000 USD
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RealizedGainLossOnForeignCurrencyDerivativesRecordedInEarningsNet
4186000 USD
CY2012 us-gaap Gain Loss On Foreign Currency Derivatives Recorded In Earnings Net
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5902000 USD
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8148000 USD
CY2013 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
8466000 USD
CY2014Q3 us-gaap Business Combination Contingent Consideration Liability
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3336000 USD
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574114000 USD
CY2013Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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561485000 USD
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322373000 USD
CY2013Q4 us-gaap Long Term Investments
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3000000 USD
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151000000 USD
CY2014 us-gaap Goodwill Translation And Purchase Accounting Adjustments
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-7000000 USD
CY2013 us-gaap Capitalized Computer Software Additions
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35000000 USD
CY2014 wat Intangible Assets Gross Foreign Currency Translation Adjustments
IntangibleAssetsGrossForeignCurrencyTranslationAdjustments
-48000000 USD
CY2014 wat Intangible Assets Accumulated Amortization Foreign Currency Translation Adjustments
IntangibleAssetsAccumulatedAmortizationForeignCurrencyTranslationAdjustments
-28000000 USD
CY2014 us-gaap Finite Lived Intangible Asset Useful Life
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P8Y
CY2013 us-gaap Finite Lived Intangible Asset Useful Life
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P8Y
CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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50000000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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50000000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
50000000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
50000000 USD
CY2014 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-109240000 USD
CY2013 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-96461000 USD
CY2012 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-102858000 USD
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-5863000 USD
CY2013 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
-702000 USD
CY2012 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
39840000 USD
CY2014 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
3791000 USD
CY2013 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
5142000 USD
CY2012 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
5599000 USD
CY2014 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
32258000 USD
CY2013 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
35662000 USD
CY2012 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
-19257000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
171759000 USD
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
171537000 USD
CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
170669000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2464000 USD
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
3342000 USD
CY2012 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
3639000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
50000000 USD
CY2014 us-gaap Number Of Reporting Units
NumberOfReportingUnits
2 pure
CY2014Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1465243000 USD
CY2013Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1323346000 USD
CY2014 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
57537000 USD
CY2013 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
39933000 USD
CY2012 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
78401000 USD
CY2014 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
23071000 USD
CY2013 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-7764000 USD
CY2012 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-2823000 USD
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1583000 USD
CY2013 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
169000 USD
CY2012 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-52219000 USD
CY2012 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
-6035000 USD
CY2012 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-36410000 USD
CY2013 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
-30552000 USD
CY2013Q1 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
-30552000 USD
CY2012 wat Percentage Point Change In Effective Tax Rate Relating To Infrequent Income Tax Items
PercentagePointChangeInEffectiveTaxRateRelatingToInfrequentIncomeTaxItems
-8.6 pure
CY2013 wat Percentage Point Change In Effective Tax Rate Relating To Infrequent Income Tax Items
PercentagePointChangeInEffectiveTaxRateRelatingToInfrequentIncomeTaxItems
-6.9 pure
CY2014Q4 wat Deferred Tax Assets Net Operating Loss Carryforwards And Credits
DeferredTaxAssetsNetOperatingLossCarryforwardsAndCredits
102810000 USD
CY2013Q4 wat Deferred Tax Assets Net Operating Loss Carryforwards And Credits
DeferredTaxAssetsNetOperatingLossCarryforwardsAndCredits
116567000 USD
CY2014Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
11979000 USD
CY2013Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
7163000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
18702000 USD
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
22684000 USD
CY2014Q4 us-gaap Deferred Tax Assets Equity Method Investments
DeferredTaxAssetsEquityMethodInvestments
5819000 USD
CY2013Q4 us-gaap Deferred Tax Assets Equity Method Investments
DeferredTaxAssetsEquityMethodInvestments
3832000 USD
CY2014Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
4104000 USD
CY2013Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
3651000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
9368000 USD
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
23268000 USD
CY2014Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
18097000 USD
CY2013Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
15289000 USD
CY2014Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
205180000 USD
CY2013Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
217845000 USD
CY2014Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
82550000 USD
CY2013Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
94952000 USD
CY2014Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
122630000 USD
CY2013Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
122893000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Software
DeferredTaxLiabilitiesDeferredExpenseCapitalizedSoftware
16253000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Software
DeferredTaxLiabilitiesDeferredExpenseCapitalizedSoftware
18012000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
8765000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
3798000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
43112000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
40650000 USD
CY2014Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
79518000 USD
CY2013Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
82243000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
34301000 USD
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
25391000 USD
CY2014Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
-3000000000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Goodwill
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsGoodwill
18094000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Goodwill
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsGoodwill
18840000 USD
CY2014Q4 wat Deferred Taxes Valuation Allowance Net Operating Loss Carryforwards And Credits
DeferredTaxesValuationAllowanceNetOperatingLossCarryforwardsAndCredits
78000000 USD
CY2014Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
36691000 USD
CY2014Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
61920000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Current
DeferredTaxLiabilitiesCurrent
-1096000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
-17997000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Current
DeferredTaxLiabilitiesCurrent
-579000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
-18067000 USD
CY2013Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
31423000 USD
CY2013Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
69466000 USD
CY2011Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
73199000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
64390000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
24716000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
19596000 USD
CY2014 wat Other Changes In Uncertain Tax Benefits
OtherChangesInUncertainTaxBenefits
-5120000 USD
CY2013 wat Other Changes In Uncertain Tax Benefits
OtherChangesInUncertainTaxBenefits
-4395000 USD
CY2012 wat Other Changes In Uncertain Tax Benefits
OtherChangesInUncertainTaxBenefits
-3184000 USD
CY2014Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
-5000000 USD
CY2013 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
4000000 USD
CY2012 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
-5625000 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
-35279000 USD
CY2014 wat Purchase Price Calculation For Shares Of Stock Under Employee Stock Purchase Plan
PurchasePriceCalculationForSharesOfStockUnderEmployeeStockPurchasePlan
The purchase price for each share of stock is the lesser of 90% of the market price on the first day of the plan period or 100% of the market price on the last day of the plan period.
CY2014Q4 wat Maximum Contribution Allowed Under Employee Stock Purchase Plan As Of Employees Earnings
MaximumContributionAllowedUnderEmployeeStockPurchasePlanAsOfEmployeesEarnings
0.15 pure
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
63000000 USD
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
64000000 USD
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
31000000 USD
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
98000000 USD
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
98000000 USD
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
82.67
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
21945000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
17464000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
12760000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
6528000 USD
CY2014Q4 wat Future Minimum Rents Payable In Five Years And Thereafter
FutureMinimumRentsPayableInFiveYearsAndThereafter
17473000 USD
CY2014 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
30000000 USD
CY2013 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
30000000 USD
CY2012 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
30000000 USD
CY2014 wat Future Minimum License Fees Payable
FutureMinimumLicenseFeesPayable
Future minimum license fees payable under existing license agreements as of December 31, 2014 are immaterial for the years ended December 31, 2015 and thereafter.
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
4200000 shares
CY2014Q4 wat Total Number Of Shares Purchased Under Employee Stock Purchase Plan
TotalNumberOfSharesPurchasedUnderEmployeeStockPurchasePlan
1200000 shares
CY2013Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
2200000 shares
CY2012Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
2900000 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
3200000 shares
CY2014 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
1000000 USD
CY2014 wat Plan Period Employee Stock Purchase Plan In Months
PlanPeriodEmployeeStockPurchasePlanInMonths
3 pure
CY2013Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
60.88
CY2012Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
54.00
CY2013 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
1000000 USD
CY2012 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
1000000 USD
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y4M
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P6Y10M
CY2013 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
31708000 USD
CY2014 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
32998000 USD
CY2012 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
29183000 USD
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
569000 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Payments
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendPayments
0 USD
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
428000 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Payments
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendPayments
0 USD
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
699000 shares
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Payments
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendPayments
0 USD
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.266 pure
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.248 pure
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.265 pure
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.016 pure
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.017 pure
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.010 pure
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2012 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
112.56
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
97.74
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
32.61
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
27.37
CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
86.55
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
23.97
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3917000 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
-21000 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3280000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
71.08
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
88.02
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
82.85
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
58.12
CY2014Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
1655000 shares
CY2014Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
70.03
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y11M
CY2014 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
793000 shares
CY2014 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1000000 shares
CY2013 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1100000 shares
CY2012 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2000000 shares
CY2013 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1120000 shares
CY2012 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1138000 shares
CY2014 us-gaap Defined Benefit Plan Alternative Method Used To Amortize Net Gains And Losses
DefinedBenefitPlanAlternativeMethodUsedToAmortizeNetGainsAndLosses
amortize cumulative actuarial gains and losses in excess of 10% of the larger of the market-related value of plan assets and the projected benefit obligation over the expected future service of active participants.
CY2014Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
202981000 USD
CY2013Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
175952000 USD
CY2014Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths
8935000 USD
CY2014Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo
8965000 USD
CY2014Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree
10499000 USD
CY2014Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
10855000 USD
CY2014Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive
11642000 USD
CY2014Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years Thereafter
DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter
73887000 USD
CY2013Q1 us-gaap Sales Revenue Net
SalesRevenueNet
430338000 USD
CY2013Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
174568000 USD
CY2013Q1 us-gaap Gross Profit
GrossProfit
255770000 USD
CY2014Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
70302000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.83
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
84977000 shares
CY2014Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.82
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
85873000 shares
CY2014Q2 us-gaap Sales Revenue Net
SalesRevenueNet
481801000 USD
CY2014Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
201853000 USD
CY2014Q2 us-gaap Gross Profit
GrossProfit
279948000 USD
CY2014Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
131930000 USD
CY2014Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
26977000 USD
CY2014Q2 wat Purchased Intangibles Amortization
PurchasedIntangiblesAmortization
2646000 USD
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
118395000 USD
CY2014 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 pure
CY2014 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 pure
CY2013 wat Percent Of Net Sales Derived From Operations Outside United States
PercentOfNetSalesDerivedFromOperationsOutsideUnitedStates
0.71 pure
CY2012 wat Percent Of Net Sales Derived From Operations Outside United States
PercentOfNetSalesDerivedFromOperationsOutsideUnitedStates
0.71 pure
CY2014Q1 us-gaap Sales Revenue Net
SalesRevenueNet
430508000 USD
CY2014Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
187719000 USD
CY2014Q1 us-gaap Gross Profit
GrossProfit
242789000 USD
CY2014Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
126635000 USD
CY2014Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
24746000 USD
CY2014Q1 wat Purchased Intangibles Amortization
PurchasedIntangiblesAmortization
2647000 USD
CY2014Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
88761000 USD
CY2014Q1 us-gaap Interest Expense
InterestExpense
7489000 USD
CY2014Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
1458000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
82730000 USD
CY2014Q2 us-gaap Interest Expense
InterestExpense
7971000 USD
CY2014Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
131916000 USD
CY2014Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
28724000 USD
CY2014Q4 wat Purchased Intangibles Amortization
PurchasedIntangiblesAmortization
2616000 USD
CY2014Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
172039000 USD
CY2014Q4 us-gaap Interest Expense
InterestExpense
9669000 USD
CY2014Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
2103000 USD
CY2014Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
164473000 USD
CY2014Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13181000 USD
CY2014Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
12428000 USD
CY2014Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
1700000 USD
CY2014Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
112124000 USD
CY2014Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15595000 USD
CY2014Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
96529000 USD
CY2014Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.14
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
84462000 shares
CY2014Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.13
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
85177000 shares
CY2014Q3 us-gaap Sales Revenue Net
SalesRevenueNet
493165000 USD
CY2014Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
202222000 USD
CY2014Q3 us-gaap Gross Profit
GrossProfit
290943000 USD
CY2014Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
122226000 USD
CY2014Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
27279000 USD
CY2014Q3 wat Purchased Intangibles Amortization
PurchasedIntangiblesAmortization
2725000 USD
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
138713000 USD
CY2014Q3 us-gaap Interest Expense
InterestExpense
9062000 USD
CY2014Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
1762000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
131413000 USD
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17916000 USD
CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
113497000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.36
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83663000 shares
CY2014Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.34
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
84401000 shares
CY2014Q4 us-gaap Sales Revenue Net
SalesRevenueNet
583870000 USD
CY2014Q4 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
233119000 USD
CY2014Q4 us-gaap Gross Profit
GrossProfit
350751000 USD
CY2014Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
151292000 USD
CY2014Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.82
CY2014Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83217000 shares
CY2014Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.80
CY2014Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
84015000 shares
CY2014Q4 us-gaap Research And Development Asset Acquired Other Than Through Business Combination Written Off
ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff
15456000 USD
CY2013Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
169325000 USD
CY2013Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
27743000 USD
CY2013Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
141582000 USD
CY2013Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.67
CY2013Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
123062000 USD
CY2013Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
24650000 USD
CY2013Q2 wat Purchased Intangibles Amortization
PurchasedIntangiblesAmortization
2382000 USD
CY2013Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
112692000 USD
CY2013Q2 us-gaap Interest Expense
InterestExpense
7580000 USD
CY2013Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
1179000 USD
CY2013Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
104716000 USD
CY2013Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15402000 USD
CY2013Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
118660000 USD
CY2013Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
25312000 USD
CY2013Q1 wat Purchased Intangibles Amortization
PurchasedIntangiblesAmortization
2393000 USD
CY2013Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
109405000 USD
CY2013Q1 us-gaap Interest Expense
InterestExpense
7185000 USD
CY2013Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
1187000 USD
CY2013Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
103407000 USD
CY2013Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-17652000 USD
CY2013Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
121059000 USD
CY2013Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.41
CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
86049000 shares
CY2013Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.39
CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
87215000 shares
CY2013Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
188329000 USD
CY2013Q2 us-gaap Gross Profit
GrossProfit
262786000 USD
CY2013Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
89314000 USD
CY2013Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.04
CY2013Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
85482000 shares
CY2013Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.03
CY2013Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
86576000 shares
CY2013Q3 us-gaap Sales Revenue Net
SalesRevenueNet
457317000 USD
CY2013Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
191568000 USD
CY2013Q3 us-gaap Gross Profit
GrossProfit
265749000 USD
CY2013Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
120563000 USD
CY2013Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
23599000 USD
CY2013Q3 wat Purchased Intangibles Amortization
PurchasedIntangiblesAmortization
2518000 USD
CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
119069000 USD
CY2013Q3 us-gaap Interest Expense
InterestExpense
7358000 USD
CY2013Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
946000 USD
CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
112657000 USD
CY2013Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14609000 USD
CY2013Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
98048000 USD
CY2013Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.15
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
85185000 shares
CY2013Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.14
CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
86364000 shares
CY2013Q4 us-gaap Sales Revenue Net
SalesRevenueNet
565448000 USD
CY2013Q4 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
228991000 USD
CY2013Q4 us-gaap Gross Profit
GrossProfit
336457000 USD
CY2013Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
130680000 USD
CY2013Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
26975000 USD
CY2013Q4 wat Purchased Intangibles Amortization
PurchasedIntangiblesAmortization
2625000 USD
CY2013Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
176177000 USD
CY2013Q4 us-gaap Interest Expense
InterestExpense
7927000 USD
CY2013Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
1075000 USD
CY2013Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
85006000 shares
CY2013Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.65
CY2013Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
86017000 shares
CY2013Q2 us-gaap Gain Loss On Investments
GainLossOnInvestments
-1575000 USD
CY2011Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
10248000 USD
CY2014 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
1505000 USD
CY2014 us-gaap Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
-13907000 USD
CY2012Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
93576000 USD
CY2013 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
484000 USD
CY2013 us-gaap Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
892000 USD
CY2012 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
80974000 USD
CY2012 us-gaap Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
2354000 USD
CY2013Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
94952000 USD

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