XML 31 R52.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Borrowings (Narrative) (Details) | 0 Months Ended | 3 Months Ended | 0 Months Ended | 3 Months Ended | 0 Months Ended | 3 Months Ended | 0 Months Ended | 3 Months Ended |  | 3 Months Ended |  |  |  | 3 Months Ended |  | 3 Months Ended
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Dec. 06, 2010 USD ($) | Mar. 31, 2012 USD ($) | Jun. 09, 2010 2.58% Senior Euro Notes [Member] USD ($) | Jun. 09, 2010 2.58% Senior Euro Notes [Member] EUR (€) | Mar. 31, 2012 2.58% Senior Euro Notes [Member] | Dec. 09, 2011 4.2% Senior Notes [Member] USD ($) | Mar. 31, 2012 4.2% Senior Notes [Member] | Dec. 06, 2010 4.5 % Senior Notes [Member] USD ($) | Mar. 31, 2012 4.5 % Senior Notes [Member] | Mar. 31, 2012 Other Borrowings [Member] USD ($) | Mar. 31, 2012 IDEX UK Ltd [Member] USD ($) | Mar. 31, 2012 IDEX UK Ltd [Member] GBP (£) | Mar. 31, 2012 Letters Of Credit [Member] USD ($) | Mar. 31, 2012 Swing Line Loans [Member] USD ($) | Mar. 31, 2012 Revolving Credit Facility [Member] USD ($) | Dec. 31, 2011 Revolving Credit Facility [Member] USD ($) | Mar. 31, 2012 Minimum [Member] | Mar. 31, 2012 Minimum [Member] Other Borrowings [Member] | Mar. 31, 2012 Minimum [Member] Revolving Credit Facility [Member] 2.58% Senior Euro Notes [Member] | Mar. 31, 2012 Maximum [Member] | Mar. 31, 2012 Maximum [Member] Other Borrowings [Member] | Mar. 31, 2012 Maximum [Member] Revolving Credit Facility [Member] 2.58% Senior Euro Notes [Member]
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revolving facility closing date |  | June 27, 2011 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Replaced credit facility due to expire |  | $ 600,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revolving facility principal amount |  | 700,000,000 |  |  |  |  |  |  |  |  |  |  | 75,000,000 | 25,000,000 |  |  |  |  |  |  |  |
Revolving facility expiration date |  | June 27, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Aggregate commitments of designated borrowers under the Credit Facility |  | 950,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current borrowings under revolving facility |  |  |  |  |  |  |  |  |  |  | 3,200,000 | 2,000,000 | 7,000,000 |  |  |  |  |  |  |  |  |
Applicable margin over LIBOR |  | 1.05% |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0.875% |  |  | 1.70% |  |
Annual credit facility fee basis point rate spread over LIBOR |  | 20 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net available borrowing under Revolving Facility |  | 681,800,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Principal amount of private placement |  |  | 96,800,000 | 81,000,000 |  | 350,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Stated interest rate |  |  | 2.58% | 2.58% |  | 4.20% |  | 4.50% |  |  |  |  |  |  |  |  |  | 1.50% |  |  | 5.20% |
Debt instrument maturity period |  |  | June 9, 2015 | June 9, 2015 |  | December 15, 2021 |  | December 15, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Debt instrument maximum amount outstanding |  |  | 750,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Repayment, minimum percentage outstanding |  |  |  |  | 5.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Debt instrument face amount |  |  |  |  |  |  |  | 300,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net proceeds from debt offering |  |  |  |  |  | 346,200,000 |  | 295,700,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Debt offering initial discount |  |  |  |  |  | 900,000 |  | 1,600,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Leverage ratio |  | 3.25 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.25
Debt offering underwriting commission |  |  |  |  |  | 2,300,000 |  | 1,900,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Estimated offering expenses |  |  |  |  |  | 600,000 |  | 800,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Outstanding repayment of indebtedness | 250,000,000 |  |  |  |  | 306,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Contingent percentage of principal amount plus accrued and unpaid interest |  |  |  |  |  |  | 101.00% |  | 101.00% |  |  |  |  |  |  |  |  |  |  |  |  |
Revolving Facility |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 11,181,000 | 50,798,000 |  |  |  |  |  |
Other borrowings |  |  |  |  |  |  |  |  |  | $ 7,000,000 |  |  |  |  |  |  |  |  |  |  |  |
Interest coverage ratio |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.0 |  |  |

X
- Definition Annual credit facility basis point. + References No definition available. + Details
Name: | iex_AnnualCreditFacilityBasisPoint
Namespace Prefix: | iex_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Applicable margin over LIBOR + References No definition available. + Details
Name: | iex_ApplicableMarginOverLibor
Namespace Prefix: | iex_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debt Instrument Maturity Period + References No definition available. + Details
Name: | iex_DebtInstrumentMaturityPeriod
Namespace Prefix: | iex_
Data Type: | us-types:dateStringItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debt instrument maximum amount outstanding + References No definition available. + Details
Name: | iex_DebtInstrumentMaximumAmountOutstanding
Namespace Prefix: | iex_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Debt offering initial discount + References No definition available. + Details
Name: | iex_DebtOfferingInitialDiscount
Namespace Prefix: | iex_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Estimated Offering Expenses + References No definition available. + Details
Name: | iex_EstimatedOfferingExpenses
Namespace Prefix: | iex_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Interest coverage ratio + References No definition available. + Details
Name: | iex_InterestCoverageRatio
Namespace Prefix: | iex_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | duration

X
- Definition Leverage ratio required + References No definition available. + Details
Name: | iex_LeverageRatioRequired
Namespace Prefix: | iex_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line Of Revolving Facility, Amount Outstanding + References No definition available. + Details
Name: | iex_LineOfRevolvingFacilityAmountOutstanding
Namespace Prefix: | iex_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Net proceeds from debt offering + References No definition available. + Details
Name: | iex_NetProceedsFromDebtOffering
Namespace Prefix: | iex_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Outstanding Repayment Of Indebtedness Under The Credit Facility + References No definition available. + Details
Name: | iex_OutstandingRepaymentOfIndebtednessUnderCreditFacility
Namespace Prefix: | iex_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Percentage of Principal Amount Plus Accrued And Unpaid Interest + References No definition available. + Details
Name: | iex_PercentageOfPrincipalAmountPlusAccruedAndUnpaidInterest
Namespace Prefix: | iex_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Repayment, Maximum Percentage Outstanding + References No definition available. + Details
Name: | iex_RepaymentMaximumPercentageOutstanding
Namespace Prefix: | iex_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Replaced credit facility due to expire + References No definition available. + Details
Name: | iex_ReplacedCreditFacilityDueToExpire
Namespace Prefix: | iex_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The stated principal amount of the debt instrument at time of issuance, which may vary from the carrying amount because of unamortized premium or discount. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 21 -Paragraph 16, 20 -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 Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6584090&loc=d3e28878-108400 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Interest rate stated in the contractual debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

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

X
- Definition Amount borrowed under the credit facility as of the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 + Details
Name: | us-gaap_LineOfCreditFacilityAmountOutstanding
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Reflects when the credit facility terminates, which may be presented in a variety of ways (year, month and year, day, month and year, quarter). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 129 -Paragraph 2, 4 -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 SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityExpirationDate
Namespace Prefix: | us-gaap_
Data Type: | us-types:dateStringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Reflects when the credit facility first became available, which may be presented in a variety of ways (year, month and year, day, month and year, quarter). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 129 -Paragraph 2, 4 -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 SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityInitiationDate
Namespace Prefix: | us-gaap_
Data Type: | us-types:dateStringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Maximum amount borrowed under the credit facility at any time during the period. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 129 -Paragraph 2, 4 -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 SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of borrowing capacity currently available under the credit facility (current borrowing capacity less the amount of borrowings outstanding). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The carrying amount as of the balance sheet date for the aggregate of other miscellaneous borrowings owed by the reporting entity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 13, 16 -Article 9 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.13,16) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 + Details
Name: | us-gaap_OtherBorrowings
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Costs incurred during the period, such as those relating to general administration and policy maintenance that do not vary with and are not primarily related to the acquisition or renewal of insurance contracts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 720 -Section 25 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6968134&loc=d3e28434-158551 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph 7 -Article 7 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 60 -Paragraph 27 -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 944 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04.7) -URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913 + Details
Name: | us-gaap_OtherUnderwritingExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The cash inflow associated with the amount received from entity's raising of capital via private rather than public placement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3255-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 18 -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 95 -Paragraph 19 -Subparagraph a -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 -Glossary Financing Activities -URI http://asc.fasb.org/extlink&oid=6513228 + Details
Name: | us-gaap_ProceedsFromIssuanceOfPrivatePlacement
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration