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Revenue from Contracts with Customers (Tables)

9 Months Ended

Sep. 30, 2021

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue [Table Text Block]

For the three months ended September 30, 2021			U.S. Operations						Swiss Operations						Western European Operations						Chinese Operations						Other Operations						Total
Product Revenue			$	263,885					$	33,612					$	142,318					$	193,727					$	127,302					$	760,844
Service Revenue:
Point in time			56,325						6,092						37,524						12,680						30,120						142,741
Over time			16,498						2,146						18,790						4,053						6,878						48,365
Total			$	336,708					$	41,850					$	198,632					$	210,460					$	164,300					$	951,950

For the three months ended September 30, 2020			U.S. Operations						Swiss Operations						Western European Operations						Chinese Operations						Other Operations						Total
Product Revenue			$	212,607					$	30,507					$	124,073					$	150,879					$	112,306					$	630,372
Service Revenue:
Point in time			52,000						6,329						34,519						11,414						28,602						132,864
Over time			14,341						2,012						19,038						2,938						5,792						44,121
Total			$	278,948					$	38,848					$	177,630					$	165,231					$	146,700					$	807,357

For the nine months ended September 30, 2021			U.S. Operations						Swiss Operations						Western European Operations						Chinese Operations						Other Operations						Total
Product Revenue			$	721,744					$	95,797					$	424,904					$	525,855					$	355,945					$	2,124,245
Service Revenue:
Point in time			162,409						19,517						110,243						34,655						87,708						414,532
Over time			47,824						6,653						57,557						11,545						18,335						141,914
Total			$	931,977					$	121,967					$	592,704					$	572,055					$	461,988					$	2,680,691

For the nine months ended September 30, 2020			U.S. Operations						Swiss Operations						Western European Operations						Chinese Operations						Other Operations						Total
Product Revenue			$	578,405					$	76,796					$	334,408					$	369,351					$	297,859					$	1,656,819
Service Revenue:
Point in time			148,577						16,611						93,855						28,304						77,768						365,115
Over time			42,714						6,286						51,743						9,083						15,432						125,258
Total			$	769,696					$	99,693					$	480,006					$	406,738					$	391,059					$	2,147,192

A summary of revenue by major geographic destination for the three and nine months ended September 30 follows:

			Three Months Ended												Nine Months Ended
			2021						2020						2021						2020
Americas			$	367,278					$	304,963					$	1,024,033					$	840,087
Europe			258,925						232,133						760,491						621,126
Asia / Rest of World			325,747						270,261						896,167						685,979
Total			$	951,950					$	807,357					$	2,680,691					$	2,147,192

The Company's global revenue mix by product category is comprised of laboratory (56% of sales), industrial (39% of sales) and retail (5% of sales). The Company's product revenue by reportable segment is proportionately similar to the Company's global mix except the Company's Swiss Operations is largely comprised of laboratory products while the Company's Chinese Operations has a slightly higher percentage of industrial products. A summary of the Company’s revenue by product category for the three and nine months ended September 30 is as follows:

			Three Months Ended												Nine Months Ended
			2021						2020						2021						2020
Laboratory			$	536,489					$	430,516					$	1,487,222					$	1,147,078
Industrial			370,505						322,808						1,049,295						863,987
Retail			44,956						54,033						144,174						136,127
Total			$	951,950					$	807,357					$	2,680,691					$	2,147,192

Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]

						2021						2020
Beginning balances as of January 1						$	149,106					$	122,489
Customer pre-payments/deferred revenue						496,437						435,952
Revenue recognized						(446,775)						(409,391)
Foreign currency translation						(3,534)						1,426
Ending balance as of September 30						$	195,234					$	150,476

X

- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045

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X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130545-203045

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- References

No definition available.

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