XML 12 R39.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Share-Based Compensation (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2012
Schedule Of Weighted Average Option Fair Values And Assumptions | Weighted average option fair values and assumptions for the periods specified are disclosed in the following table:
|  | Three Months Ended September 30,
|  | 2012 |  | 2011
Weighted average fair value of option grants |  | $ 9.55 |  | $ 11.66
Dividend yield |  | 2.07% |  | 1.63%
Volatility |  | 31.96% |  | 31.84%
Risk-free forward interest rate |  | 0.18% - 3.34% |  | 0.18% - 5.15%
Expected life (in years) |  | 5.89 |  | 6.08
|  | Nine Months Ended September 30,
|  | 2012 |  | 2011
Weighted average fair value of option grants |  | $11.40 |  | $12.31
Dividend yield |  | 1.59% |  | 1.45%
Volatility |  | 32.01% |  | 32.72%
Risk-free forward interest rate |  | 0.17% - 3.97% |  | 0.28% - 5.62%
Expected life (in years) |  | 5.97 |  | 6.14
Stock Option |
Schedule Of Compensation Cost For Stock Options And Unvested Shares | Total compensation cost for the stock options is as follows:
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2012 |  |  | 2011 |  |  | 2012 |  |  | 2011 |
|  | (In thousands) |
Cost of goods sold |  | $ | 111 |  |  | $ | 202 |  |  | $ | 593 |  |  | $ | 645 |
Selling, general and administrative expenses |  |  | 1,233 |  |  |  | 1,157 |  |  |  | 4,661 |  |  |  | 5,140 |
Total expense before income taxes |  |  | 1,344 |  |  |  | 1,359 |  |  |  | 5,254 |  |  |  | 5,785 |
Income tax benefit |  |  | (442 | ) |  |  | (390 | ) |  |  | (1,642 | ) |  |  | (1,842 | )
Total expense after income taxes |  | $ | 902 |  |  | $ | 969 |  |  | $ | 3,612 |  |  | $ | 3,943 |
Unvested Shares |
Schedule Of Compensation Cost For Stock Options And Unvested Shares | Total compensation cost for the unvested shares is as follows:
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2012 |  |  | 2011(1) |  |  | 2012 |  |  | 2011(1) |
|  | (In thousands) |
Cost of goods sold |  | $ | 199 |  |  | $ | 197 |  |  | $ | 802 |  |  | $ | 495 |
Selling, general and administrative expenses |  |  | 1,443 |  |  |  | (1,883 | ) |  |  | 5,106 |  |  |  | 3,475 |
Total expense before income taxes |  |  | 1,642 |  |  |  | (1,686 | ) |  |  | 5,908 |  |  |  | 3,970 |
Income tax benefit |  |  | (412 | ) |  |  | (451 | ) |  |  | (1,552 | ) |  |  | (1,537 | )
Total expense after income taxes |  | $ | 1,230 |  |  | $ | (2,137 | ) |  | $ | 4,356 |  |  | $ | 2,433 |
(1) | Reflects the forfeiture of unvested shares related to the Company’s transition to a new CEO in August 2011.

X
- Definition Schedule compensation cost for stock options and unvested shares. + References No definition available. + Details
Name: | iex_ScheduleCompensationCostForStockOptionsAndUnvestedSharesTableTextBlock
Namespace Prefix: | iex_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration