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SEGMENT REPORTING (Tables) | 12 Months Ended
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Dec. 31, 2023
Segment Reporting [Abstract] |
Schedule of Segment Performance | The following is a summary of segment performance:
(in thousands) |  | For the Years Ended December 31,
|  | CAG |  | Water |  | LPD |  | Other |  | Consolidated Total
2023 |  |  |  |  |  |  |  |  |  |
Revenue |  | $ | 3,352,356 |  |  | $ | 168,149 |  |  | $ | 121,659 |  |  | $ | 18,789 |  |  | $ | 3,660,953 |
Income from operations |  | $ | 1,012,740 |  |  | $ | 74,340 |  |  | $ | 9,975 |  |  | $ | 73 |  |  | $ | 1,097,128 |
Interest expense, net |  |  |  |  |  |  |  |  |  | (35,952) |
Income before provision for income taxes |  |  |  |  |  |  |  |  |  | 1,061,176 |
Provision for income taxes |  |  |  |  |  |  |  |  |  | 216,134 |
Net income |  |  |  |  |  |  |  |  |  | 845,042 |
Less: Net income attributable to noncontrolling interest |  |  |  |  |  |  |  |  |  | — |
Net income attributable to IDEXX Laboratories, Inc. stockholders |  |  |  |  |  |  |  |  |  | $ | 845,042 |
Depreciation and amortization |  | $ | 103,554 |  |  | $ | 4,117 |  |  | $ | 3,657 |  |  | $ | 3,580 |  |  | $ | 114,908 |
2022 |  |  |  |  |  |  |  |  |  |
Revenue |  | $ | 3,058,793 |  |  | $ | 155,720 |  |  | $ | 122,607 |  |  | $ | 30,204 |  |  | $ | 3,367,324 |
Income from operations |  | $ | 800,949 |  |  | $ | 72,519 |  |  | $ | 19,809 |  |  | $ | 5,488 |  |  | $ | 898,765 |
Interest expense, net |  |  |  |  |  |  |  |  |  | (38,793) |
Income before provision for income taxes |  |  |  |  |  |  |  |  |  | 859,972 |
Provision for income taxes |  |  |  |  |  |  |  |  |  | 180,883 |
Net income |  |  |  |  |  |  |  |  |  | 679,089 |
Less: Net income attributable to noncontrolling interest |  |  |  |  |  |  |  |  |  | — |
Net income attributable to IDEXX Laboratories, Inc. stockholders |  |  |  |  |  |  |  |  |  | $ | 679,089 |
Depreciation and amortization |  | $ | 101,254 |  |  | $ | 3,020 |  |  | $ | 3,797 |  |  | $ | 3,829 |  |  | $ | 111,900 |
2021 |  |  |  |  |  |  |  |  |  |
Revenue |  | $ | 2,889,960 |  |  | $ | 146,505 |  |  | $ | 135,887 |  |  | $ | 43,008 |  |  | $ | 3,215,360 |
Income from operations |  | $ | 824,022 |  |  | $ | 65,444 |  |  | $ | 28,636 |  |  | $ | 13,926 |  |  | $ | 932,028 |
Interest expense, net |  |  |  |  |  |  |  |  |  | (29,374) |
Income before provision for income taxes |  |  |  |  |  |  |  |  |  | 902,654 |
Provision for income taxes |  |  |  |  |  |  |  |  |  | 157,810 |
Net income |  |  |  |  |  |  |  |  |  | 744,844 |
Less: Net income attributable to noncontrolling interest |  |  |  |  |  |  |  |  |  | (1) |
Net income attributable to IDEXX Laboratories, Inc. stockholders |  |  |  |  |  |  |  |  |  | $ | 744,845 |
Depreciation and amortization |  | $ | 94,202 |  |  | $ | 2,709 |  |  | $ | 3,908 |  |  | $ | 3,777 |  |  | $ | 104,596 |
Schedule of Net Long-lived Assets by Principal Geographic Areas | Net long-lived assets, consisting of net property and equipment, are subject to geographic risks because they are generally difficult to move and to effectively utilize in another geographic area in a reasonable time period and because they are relatively illiquid. Net long-lived assets by principal geographic areas were as follows:
(in thousands) |  |  |  |
|  | December 31, 2023 |  | December 31, 2022
Americas |  |  |  |
United States |  | $ | 531,735 |  |  | $ | 486,690 |
Brazil |  | 33,236 |  |  | 25,949 |
Canada |  | 7,032 |  |  | 7,407 |
|  | 572,003 |  |  | 520,046 |
Europe, the Middle East and Africa |  |  |  |
Germany |  | 56,115 |  |  | 55,726 |
United Kingdom |  | 10,900 |  |  | 10,710 |
Netherlands |  | 10,604 |  |  | 11,975 |
France |  | 1,724 |  |  | 1,507 |
Switzerland |  | 14,129 |  |  | 13,445 |
Other |  | 2,907 |  |  | 3,054 |
|  | 96,379 |  |  | 96,417 |
Asia Pacific Region |  |  |  |
Japan |  | 4,892 |  |  | 5,111 |
Australia |  | 21,922 |  |  | 20,243 |
Other |  | 6,981 |  |  | 7,657 |
|  | 33,795 |  |  | 33,011 |
Total |  | $ | 702,177 |  |  | $ | 649,474 |

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