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Business Segment Information
 9 Months Ended
Oct. 01, 2016
Business Segment Information [Abstract]  
Business Segment Information

12  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 and TA.

 

The Waters operating segment 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. The TA operating segment is primarily in the business of designing, manufacturing, distributing and servicing thermal analysis, rheometry and calorimetry instruments. The Company's two operating segments have 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 1, 2016 and October 3, 2015 (in thousands):

    Three Months Ended Nine Months Ended
    October 1, 2016 October 3, 2015 October 1, 2016 October 3, 2015
Product net sales:            
 Waters instrument systems $ 226,296 $ 219,196 $ 646,733 $ 625,276
 Chemistry   84,114   78,173   255,312   234,095
 TA instrument systems   39,524   39,564   115,433   112,471
  Total product sales   349,934   336,933   1,017,478   971,842
               
Service net sales:            
 Waters service   160,503   148,206   471,792   438,104
 TA service   16,393   15,439   49,366   45,776
  Total service sales   176,896   163,645   521,158   483,880
               
Total net sales $ 526,830 $ 500,578 $ 1,538,636 $ 1,455,722