XML 50 R16.htm IDEA: XBRL DOCUMENT v2.4.1.9
Business Segment Information
 3 Months Ended
Apr. 04, 2015
Business Segment Information [Abstract]  
Business Segment Information

10  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 April 4, 2015 and March 29, 2014 (in thousands):

    Three Months Ended
    April 4, 2015 March 29, 2014
Product net sales:      
 Waters instrument systems $ 188,504 $ 176,364
 Chemistry   78,183   75,203
 TA instrument systems   36,186   33,228
  Total product sales   302,873   284,795
         
Service net sales:      
 Waters service   142,981   132,042
 TA service   14,550   13,671
  Total service sales   157,531   145,713
         
Total net sales $ 460,404 $ 430,508