XML 28 R17.htm IDEA: XBRL DOCUMENT v3.7.0.1
Business Segment Information
 3 Months Ended
Apr. 01, 2017
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® 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 months ended April 1, 2017 and April 2, 2016 (in thousands):

    Three Months Ended
    April 1, 2017 April 2, 2016
Product net sales:      
 Waters instrument systems $ 197,789 $ 188,529
 Chemistry   87,903   84,150
 TA instrument systems   38,604   35,178
  Total product sales   324,296   307,857
         
Service net sales:      
 Waters service   157,734   151,514
 TA service   15,939   15,875
  Total service sales   173,673   167,389
         
Total net sales $ 497,969 $ 475,246