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Business Segment Information
 9 Months Ended
Oct. 03, 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 nine months ended October 3, 2015 and September 27, 2014 (in thousands):

    Three Months Ended Nine Months Ended
    October 3, 2015 September 27, 2014 October 3, 2015 September 27, 2014
Product net sales:            
 Waters instrument systems $ 219,196 $ 213,122 $ 625,276 $ 595,670
 Chemistry   78,173   77,853   234,095   229,633
 TA instrument systems   39,564   40,190   112,471   111,922
  Total product sales   336,933   331,165   971,842   937,225
               
Service net sales:            
 Waters service   148,206   146,038   438,104   423,155
 TA service   15,439   15,962   45,776   45,094
  Total service sales   163,645   162,000   483,880   468,249
               
Total net sales $ 500,578 $ 493,165 $ 1,455,722 $ 1,405,474