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Business Segment Information
 6 Months Ended
Jul. 04, 2015
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 and six months ended July 4, 2015 and June 28, 2014 (in thousands):

    Three Months Ended Six Months Ended
    July 4, 2015 June 28, 2014 July 4, 2015 June 28, 2014
Product net sales:            
 Waters instrument systems $ 217,576 $ 206,184 $ 406,080 $ 382,548
 Chemistry   77,739   76,577   155,922   151,780
 TA instrument systems   36,721   38,504   72,907   71,732
  Total product sales   332,036   321,265   634,909   606,060
               
Service net sales:            
 Waters service   146,917   145,075   289,898   277,117
 TA service   15,787   15,461   30,337   29,132
  Total service sales   162,704   160,536   320,235   306,249
               
Total net sales $ 494,740 $ 481,801 $ 955,144 $ 912,309