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Revenue from Contracts with Customers (Tables)

9 Months Ended

Sep. 30, 2022

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue [Table Text Block]

For the three months ended September 30, 2022			U.S. Operations						Swiss Operations						Western European Operations						Chinese Operations						Other Operations						Total
Product Revenue			$	287,948					$	32,366					$	129,089					$	212,163					$	122,421					$	783,987
Service Revenue:
Point in time			65,596						6,401						29,071						13,543						30,248						144,859
Over time			20,220						2,205						22,799						4,016						7,760						57,000
Total			$	373,764					$	40,972					$	180,959					$	229,722					$	160,429					$	985,846

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 nine months ended September 30, 2022			U.S. Operations						Swiss Operations						Western European Operations						Chinese Operations						Other Operations						Total
Product Revenue			$	816,193					$	99,567					$	404,060					$	593,283					$	357,742					$	2,270,845
Service Revenue:
Point in time			190,340						20,072						97,250						34,578						89,390						431,630
Over time			54,197						6,665						62,798						14,376						21,513						159,549
Total			$	1,060,730					$	126,304					$	564,108					$	642,237					$	468,645					$	2,862,024

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

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

			Three Months Ended												Nine Months Ended
			2022						2021						2022						2021
Americas			$	408,207					$	367,278					$	1,154,602					$	1,024,033
Europe			228,145						258,925						720,667						760,491
Asia / Rest of World			349,494						325,747						986,755						896,167
Total			$	985,846					$	951,950					$	2,862,024					$	2,680,691

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
			2022						2021						2022						2021
Laboratory			$	555,112					$	536,489					$	1,614,586					$	1,487,222
Industrial			386,543						370,505						1,114,454						1,049,295
Retail			44,191						44,956						132,984						144,174
Total			$	985,846					$	951,950					$	2,862,024					$	2,680,691

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

						2022						2021
Beginning balances as of January 1						$	192,648					$	149,106
Customer pre-payments/deferred revenue						545,997						496,437
Revenue recognized						(523,022)						(446,775)
Foreign currency translation						(17,444)						(3,534)
Ending balance as of September 30						$	198,179					$	195,234

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 https://asc.fasb.org/extlink&oid=126920106&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 https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045

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- References

No definition available.

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