XML 55 R29.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Balance Sheet Components (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2013
Additional Financial Information Disclosure [Abstract] |
Balance Sheet Components |
| December 31,
| 2013 |  | 2012
| (In thousands)
RECEIVABLES |  |  |
Customers | $ | 255,992 |  |  | $ | 257,114 |
Other | 3,075 |  |  | 4,577 |
Total | 259,067 |  |  | 261,691 |
Less allowance for doubtful accounts | 5,841 |  |  | 5,596 |
Total receivables — net | $ | 253,226 |  |  | $ | 256,095 |
INVENTORIES |  |  |
Raw materials and components parts | $ | 133,470 |  |  | $ | 139,229 |
Work in process | 41,895 |  |  | 33,025 |
Finished goods | 55,602 |  |  | 62,696 |
Total | $ | 230,967 |  |  | $ | 234,950 |
PROPERTY, PLANT AND EQUIPMENT |  |  |
Land and improvements | $ | 32,723 |  |  | $ | 31,787 |
Buildings and improvements | 150,316 |  |  | 141,952 |
Machinery, equipment and other | 300,858 |  |  | 288,542 |
Office and transportation equipment | 95,923 |  |  | 95,920 |
Construction in progress | 9,201 |  |  | 12,040 |
Total | 589,021 |  |  | 570,241 |
Less accumulated depreciation and amortization | 375,533 |  |  | 351,080 |
Total property, plant and equipment — net | $ | 213,488 |  |  | $ | 219,161 |
ACCRUED EXPENSES |  |  |
Payroll and related items | $ | 63,297 |  |  | $ | 55,618 |
Management incentive compensation | 20,949 |  |  | 15,974 |
Income taxes payable | 11,746 |  |  | 10,284 |
Insurance | 7,741 |  |  | 8,974 |
Warranty | 4,888 |  |  | 4,875 |
Deferred revenue | 9,455 |  |  | 9,682 |
Restructuring | — |  |  | 10,887 |
Liability for uncertain tax positions | 1,201 |  |  | 2,679 |
Accrued interest | 1,354 |  |  | 1,713 |
Contingent consideration for acquisition | — |  |  | 3,528 |
Other | 30,120 |  |  | 25,962 |
Total accrued expenses | $ | 150,751 |  |  | $ | 150,176 |
OTHER NONCURRENT LIABILITIES |  |  |
Pension and retiree medical obligations | $ | 67,777 |  |  | $ | 96,853 |
Liability for uncertain tax positions | 4,624 |  |  | 4,989 |
Deferred revenue | 5,578 |  |  | 6,534 |
Contingent consideration for acquisition | — |  |  | 5,515 |
Other | 15,087 |  |  | 14,484 |
Total other noncurrent liabilities | $ | 93,066 |  |  | $ | 128,375 |
Valuation and Qualifying Accounts |
| 2013 |  | 2012 |  | 2011
| (In thousands)
VALUATION AND QUALIFYING ACCOUNTS(1) |
Beginning balance January 1 | $ | 5,596 |  |  | $ | 5,860 |  |  | $ | 5,322 |
Charged to costs and expenses, net of recoveries | 2,288 |  |  | 653 |  |  | 1,044 |
Utilization | (1,921 | ) |  | (1,151 | ) |  | (917 | )
Currency translation and other | (122 | ) |  | 234 |  |  | 411 |
Ending balance December 31 | $ | 5,841 |  |  | $ | 5,596 |  |  | $ | 5,860 |
(1) | Includes provision for doubtful accounts, sales returns and sales discounts granted to customers.

X
- Details
Name: | iex_AdditionalFinancialInformationDisclosureAbstract
Namespace Prefix: | iex_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Balance Sheet Components [Table Text Block] + References No definition available. + Details
Name: | iex_BalanceSheetComponentsTableTextBlock
Namespace Prefix: | iex_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for any allowance and reserve accounts (their beginning and ending balances, as well as a reconciliation by type of activity during the period). Alternatively, disclosure of the required information may be within the footnotes to the financial statements or a supplemental schedule to the financial statements. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24092-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 09 -Article 12 + Details
Name: | us-gaap_ScheduleOfValuationAndQualifyingAccountsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration