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Business Segment Information
 3 Months Ended
Mar. 29, 2014
Business Segment Information [Abstract]  
Business Segment Information

11  Business Segment Information

 

The Company's business activities, for which discrete financial information is available, are regularly reviewed and evaluated by the chief operating decision maker. As a result of this evaluation, the Company determined that it has two operating segments: Waters Division and TA Division.

 

Waters Division is primarily in the business of designing, manufacturing, distributing and servicing LC and MS instruments, columns and other chemistry consumables that can be integrated and used along with other analytical instruments. TA Division is primarily in the business of designing, manufacturing, distributing and servicing thermal analysis, rheometry and calorimetry instruments. The Company's two divisions are its operating segments and each has similar economic characteristics; product processes; products and services; types and classes of customers; methods of distribution and regulatory environments. Because of these similarities, the two segments have been aggregated into one reporting segment for financial statement purposes. Please refer to the consolidated financial statements for financial information regarding the one reportable segment of the Company.

Net sales for the Company's products and services are as follows for the three months ended March 29, 2014 and March 30, 2013 (in thousands):

    Three Months Ended
    March 29, 2014 March 30, 2013
Product net sales:      
 Waters instrument systems $ 176,364 $ 184,524
 Chemistry   75,203   73,133
 TA instrument systems   33,228   36,057
  Total product sales   284,795   293,714
         
Service net sales:      
 Waters service   132,042   123,768
 TA service   13,671   12,856
  Total service sales   145,713   136,624
         
Total net sales $ 430,508 $ 430,338