XML 26 R70.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Acquisitions (Narrative) (Details) | 12 Months Ended |  |  | 0 Months Ended |  | 0 Months Ended |  | 0 Months Ended |  | 0 Months Ended |
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Dec. 31, 2011 USD ($) | Dec. 31, 2010 USD ($) years | Dec. 31, 2011 Advanced Thin Films, LLC [Member] USD ($) | Jan. 31, 2011 Advanced Thin Films, LLC [Member] USD ($) | Mar. 11, 2011 Microfluidics International Corporation [Member] USD ($) | Dec. 31, 2011 Microfluidics International Corporation [Member] USD ($) | Jun. 10, 2011 CVI Melles Griot [Member] USD ($) | Dec. 31, 2011 CVI Melles Griot [Member] USD ($) | Apr. 15, 2010 PPE [Member] USD ($) | Apr. 15, 2010 PPE [Member] GBP (£) | Jul. 21, 2010 OBL [Member] USD ($) | Jul. 21, 2010 OBL [Member] EUR (€) | Sep. 17, 2010 Periflo [Member] USD ($) | Nov. 01, 2010 Fitzpatrick [Member] USD ($) | Dec. 31, 2011 Trade Names [Member] CVI Melles Griot [Member] USD ($) | Dec. 31, 2011 Other Intangible Assets [Member] USD ($) | Jan. 31, 2011 Maximum [Member] USD ($) | Jan. 31, 2011 Maximum [Member] Advanced Thin Films, LLC [Member] USD ($)
Business Acquisition [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Annual revenues of acquired entity |  |  |  |  | $ 16,000,000 |  | $ 178,000,000 |  | $ 32,000,000 | £ 21,000,000 | $ 10,900,000 | € 8,500,000 | $ 3,500,000 | $ 22,000,000 |  |  | $ 9,000,000 |
Aggregate purchase price |  |  |  |  | 18,500,000 |  | 394,700,000 |  | 54,000,000 |  |  |  |  |  |  |  |  | 34,500,000
Purchase price paid in cash |  |  |  |  |  |  | 393,300,000 |  | 51,300,000 |  | 15,400,000 |  | 4,300,000 | 20,300,000 |  |  |  | 31,800,000
Contingent consideration |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3,000,000 | 2,700,000
Assumption of debt |  |  |  |  |  |  | 1,400,000 |  | 2,700,000 |  |  |  |  |  |  |  |  |
Cash payment financed with borrowings under Company's revolving credit facility |  |  |  |  |  |  | 365,000,000 |  |  |  |  |  |  |  |  |  |  |
Goodwill recognized in acquisition | 231,189,000 | 45,915,000 | 18,187,000 |  |  | 5,740,000 |  | 207,262,000 | 29,700,000 |  | 7,700,000 |  | 2,500,000 | 6,000,000 |  |  |  |
Intangible assets | 136,929,000 | 29,861,000 | 11,435,000 |  |  | 9,717,000 |  | 115,777,000 | 17,200,000 |  | 4,000,000 |  | 700,000 | 8,000,000 | 47,000,000 | 89,900,000 |  |
Goodwill deductible for tax purpose |  |  |  | 18,200,000 |  |  | 117,700,000 |  |  |  |  |  | 2,500,000 |  |  |  |  |
Goodwill not deductible for tax purposes |  |  |  |  | 5,700,000 |  |  |  | 29,700,000 |  | 7,700,000 |  |  | 6,000,000 |  |  |  |
Acquired intangible assets amortization life, minimum |  | 2 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Acquired intangible assets amortization life, maximum |  | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Acquisition related transaction costs | 5,800,000 | 4,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pre-tax acquisition fair value inventory charges and adjustments | $ 24,100,000 | $ 16,400,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

X
- Definition Business Acquisition Purchase Price Allocation Goodwill Expected Non Tax Deductible Amount + References No definition available. + Details
Name: | iex_BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedNonTaxDeductibleAmount
Namespace Prefix: | iex_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Pre-tax acquisition fair value inventory charges and adjustments + References No definition available. + Details
Name: | iex_PreTaxAcquisitionFairValueInventoryChargesAndAdjustments
Namespace Prefix: | iex_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of potential cash payments that could result from the contingent consideration arrangement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 51 -Subparagraph f -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_BusinessAcquisitionContingentConsiderationPotentialCashPayment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of cash paid to acquire the entity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 51 -Subparagraph d -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141R -Paragraph 68 -Subparagraph f(1) -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_BusinessAcquisitionCostOfAcquiredEntityCashPaid
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair Value of the liabilities incurred by the acquirer to former owners of the acquiree, including the fair value of any contingent consideration. If liabilities transferred as consideration remain within the combined entity after the business combination (for example, because the assets or liabilities were transferred to the acquiree rather than to its former owners), and the acquirer therefore retains control of them; in that situation, the acquirer measures those liabilities at their carrying amounts immediately before the acquisition date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 25 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6911189&loc=d3e6405-128476 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 30 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6911251&loc=d3e6613-128477 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 51 -Subparagraph d -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 30 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=6911251&loc=d3e6578-128477 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141R -Paragraph 39, 40, 41 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141R -Paragraph 68 -Subparagraph f(3) -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_BusinessAcquisitionCostOfAcquiredEntityLiabilitiesIncurred
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The total cost of the acquired entity including the cash paid to shareholders of acquired entities, fair value of debt and equity securities issued to shareholders of acquired entities, the fair value of the liabilities assumed, and direct costs of the acquisition. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 51 -Subparagraph d -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_BusinessAcquisitionCostOfAcquiredEntityPurchasePrice
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of direct costs of the business combination including legal, accounting, and other costs incurred to consummate the business acquisition. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 51 -Subparagraph d -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 24 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_BusinessAcquisitionLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of acquisition cost of a business combination allocated to an identifiable intangible asset that will be amortized. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 51 -Subparagraph e -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 52 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_BusinessAcquisitionPurchasePriceAllocationAmortizableIntangibleAssets
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of goodwill arising from a business combination, which is the excess of the cost of the acquired entity over the amounts assigned to assets acquired and liabilities assumed. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 52 -Subparagraph c -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 53 -Subparagraph d -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_BusinessAcquisitionPurchasePriceAllocationGoodwillAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The amount of goodwill arising from a business combination that is expected to be deductible for tax purposes. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6911361&loc=d3e6927-128479 -Subparagraph (d) Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 52 -Subparagraph c -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 53 -Subparagraph d -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141R -Paragraph 68 -Subparagraph k -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Total revenue reported by the acquired entity for its previous full fiscal year before the business acquisition. + References No definition available. + Details
Name: | us-gaap_BusinessAcquisitionRevenueReportedByAcquiredEntityForLastAnnualPeriod
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The maximum useful life of a major finite-lived intangible asset class. A major class is composed of intangible assets that can be grouped together because they are similar either by their nature or by their use in the operations of a company. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 35 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6904245&loc=d3e15217-109273 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 35 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6904245&loc=d3e15300-109273 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 35 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6904245&loc=d3e15211-109273 + Details
Name: | us-gaap_FiniteLivedIntangibleAssetsUsefulLifeMaximum
Namespace Prefix: | us-gaap_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | duration

X
- Definition The minimum useful life of a major finite-lived intangible asset class. A major class is composed of intangible assets that can be grouped together because they are similar either by their nature or by their use in the operations of a company. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 35 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6904245&loc=d3e15217-109273 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 35 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6904245&loc=d3e15300-109273 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 35 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6904245&loc=d3e15211-109273 + Details
Name: | us-gaap_FiniteLivedIntangibleAssetsUsefulLifeMinimum
Namespace Prefix: | us-gaap_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | duration

X
- Definition Borrowings from a revolving loan facility used to finance leveraged buyout transaction. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Emerging Issues Task Force (EITF) -Number 88-16 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_RevolvingLoanFacilityToFinanceLeveragedBuyout
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration