XML 80 R45.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Acquisitions - Additional Information (Detail) | 12 Months Ended |  | 12 Months Ended | 0 Months Ended | 12 Months Ended |  | 0 Months Ended |  | 0 Months Ended |  | 0 Months Ended | 1 Months Ended |
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Dec. 31, 2013 USD ($) | Dec. 31, 2012 USD ($) | Dec. 31, 2014 USD ($) | Dec. 31, 2012 Cost of goods sold USD ($) | Apr. 28, 2014 Aegis Flow Technologies [Member] USD ($) | Dec. 31, 2014 Aegis Flow Technologies [Member] USD ($) | Apr. 28, 2014 Aegis Flow Technologies [Member] USD ($) | Mar. 18, 2013 FTL USD ($) | Mar. 18, 2013 FTL GBP (£) | Apr. 11, 2012 PPC USD ($) | Dec. 31, 2012 PPC USD ($) | Apr. 30, 2012 ERC USD ($) | Apr. 30, 2012 ERC JPY (¥) | Dec. 31, 2012 ERC USD ($) | Jul. 20, 2012 Matcon USD ($) | Jul. 20, 2012 Matcon GBP (£) | Nov. 30, 2013 Matcon USD ($) | Apr. 30, 2013 Matcon USD ($) | Dec. 31, 2012 Matcon USD ($)
Business Acquisition [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Annual revenue of entity acquired |  |  |  |  | $ 15,000,000 us-gaap_BusinessAcquisitionRevenueReportedByAcquiredEntityForLastAnnualPeriod / us-gaap_BusinessAcquisitionAxis = iex_AegisFlowTechnologiesMember |  |  |  |  |  |  |  |  |  |  |  |  |  |
Business combination, cash consideration paid |  |  |  |  | 25,000,000 us-gaap_PaymentsToAcquireBusinessesGross / us-gaap_BusinessAcquisitionAxis = iex_AegisFlowTechnologiesMember |  |  | 34,500,000 us-gaap_PaymentsToAcquireBusinessesGross / us-gaap_BusinessAcquisitionAxis = iex_FtlSealsTechnologyMember | 23,100,000 us-gaap_PaymentsToAcquireBusinessesGross / us-gaap_BusinessAcquisitionAxis = iex_FtlSealsTechnologyMember | 20,600,000 us-gaap_PaymentsToAcquireBusinessesGross / us-gaap_BusinessAcquisitionAxis = iex_PrecisionPhotonicsCorporationMember |  | 13,300,000 us-gaap_PaymentsToAcquireBusinessesGross / us-gaap_BusinessAcquisitionAxis = iex_ErcMember |  |  | 35,000,000 us-gaap_PaymentsToAcquireBusinessesGross / us-gaap_BusinessAcquisitionAxis = iex_MatconGroupLimitedMember |  |  |  |
Goodwill | 1,349,456,000 us-gaap_Goodwill | 1,321,727,000 us-gaap_Goodwill | 1,321,277,000 us-gaap_Goodwill |  |  |  | 7,711,000 us-gaap_Goodwill / us-gaap_BusinessAcquisitionAxis = iex_AegisFlowTechnologiesMember | 17,994,000 us-gaap_Goodwill / us-gaap_BusinessAcquisitionAxis = iex_FtlSealsTechnologyMember |  | 13,900,000 us-gaap_Goodwill / us-gaap_BusinessAcquisitionAxis = iex_PrecisionPhotonicsCorporationMember | 13,941,000 us-gaap_Goodwill / us-gaap_BusinessAcquisitionAxis = iex_PrecisionPhotonicsCorporationMember | 8,500,000 us-gaap_Goodwill / us-gaap_BusinessAcquisitionAxis = iex_ErcMember |  | 8,499,000 us-gaap_Goodwill / us-gaap_BusinessAcquisitionAxis = iex_ErcMember | 28,000,000 us-gaap_Goodwill / us-gaap_BusinessAcquisitionAxis = iex_MatconGroupLimitedMember |  |  |  | 27,947,000 us-gaap_Goodwill / us-gaap_BusinessAcquisitionAxis = iex_MatconGroupLimitedMember
Intangible assets |  |  |  |  |  |  | 8,770,000 us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles / us-gaap_BusinessAcquisitionAxis = iex_AegisFlowTechnologiesMember | 13,016,000 us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles / us-gaap_BusinessAcquisitionAxis = iex_FtlSealsTechnologyMember |  |  | 5,104,000 us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles / us-gaap_BusinessAcquisitionAxis = iex_PrecisionPhotonicsCorporationMember |  |  | 5,642,000 us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles / us-gaap_BusinessAcquisitionAxis = iex_ErcMember |  |  |  |  | 14,081,000 us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles / us-gaap_BusinessAcquisitionAxis = iex_MatconGroupLimitedMember
Goodwill not deductible for tax purpose |  |  |  |  |  |  |  | 18,000,000 iex_BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedNonTaxDeductibleAmount / us-gaap_BusinessAcquisitionAxis = iex_FtlSealsTechnologyMember |  | 13,900,000 iex_BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedNonTaxDeductibleAmount / us-gaap_BusinessAcquisitionAxis = iex_PrecisionPhotonicsCorporationMember |  | 8,500,000 iex_BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedNonTaxDeductibleAmount / us-gaap_BusinessAcquisitionAxis = iex_ErcMember |  |  | 28,000,000 iex_BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedNonTaxDeductibleAmount / us-gaap_BusinessAcquisitionAxis = iex_MatconGroupLimitedMember |  |  |  |
Business Acquisition Cost Of Acquired Entity Transaction Cost |  |  |  |  |  | 1,700,000 iex_BusinessAcquisitionCostOfAcquiredEntityTransactionCost / us-gaap_BusinessAcquisitionAxis = iex_AegisFlowTechnologiesMember |  |  |  |  |  |  |  |  |  |  |  |  |
Fair value of inventory charges associated with acquisitions | 1,800,000 us-gaap_InventoryWriteDown |  |  | 900,000 us-gaap_InventoryWriteDown / us-gaap_IncomeStatementLocationAxis = us-gaap_CostOfSalesMember |  | 1,300,000 us-gaap_InventoryWriteDown / us-gaap_BusinessAcquisitionAxis = iex_AegisFlowTechnologiesMember |  |  |  |  |  |  |  |  |  |  |  |  |
Acquisition-related transaction costs | 1,400,000 us-gaap_BusinessCombinationAcquisitionRelatedCosts | 2,700,000 us-gaap_BusinessCombinationAcquisitionRelatedCosts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Intangible assets |  |  |  |  |  |  |  |  |  | 5,100,000 us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill / us-gaap_BusinessAcquisitionAxis = iex_PrecisionPhotonicsCorporationMember |  | 5,600,000 us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill / us-gaap_BusinessAcquisitionAxis = iex_ErcMember |  |  | 14,100,000 us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill / us-gaap_BusinessAcquisitionAxis = iex_MatconGroupLimitedMember |  |  |  |
Aggregate purchase price |  |  |  |  |  |  |  |  |  |  |  | 18,000,000 us-gaap_BusinessCombinationConsiderationTransferred1 / us-gaap_BusinessAcquisitionAxis = iex_ErcMember | 1,470,000,000 us-gaap_BusinessCombinationConsiderationTransferred1 / us-gaap_BusinessAcquisitionAxis = iex_ErcMember |  | 45,800,000 us-gaap_BusinessCombinationConsiderationTransferred1 / us-gaap_BusinessAcquisitionAxis = iex_MatconGroupLimitedMember | 29,100,000 us-gaap_BusinessCombinationConsiderationTransferred1 / us-gaap_BusinessAcquisitionAxis = iex_MatconGroupLimitedMember |  |  |
Assumption of debt |  |  |  |  |  |  |  |  |  |  |  | 4,700,000 us-gaap_BusinessCombinationConsiderationTransferredLiabilitiesIncurred / us-gaap_BusinessAcquisitionAxis = iex_ErcMember |  |  |  |  |  |  |
Business combination, working capital adjustments |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2,400,000 iex_BusinessCombinationConsiderationTransferredWorkingCapitalAdjustments / us-gaap_BusinessAcquisitionAxis = iex_MatconGroupLimitedMember |  |  |  |
Contingent consideration value as of opening balance sheet date |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 8,400,000 us-gaap_BusinessCombinationContingentConsiderationLiability / us-gaap_BusinessAcquisitionAxis = iex_MatconGroupLimitedMember |  |  |  |
Business Combination, Contingent Consideration, Liability |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 8,400,000 us-gaap_BusinessCombinationContingentConsiderationLiability / us-gaap_BusinessAcquisitionAxis = iex_MatconGroupLimitedMember |  |  |  |
Change in amount of contingent consideration, liability |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,100,000 us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 / us-gaap_BusinessAcquisitionAxis = iex_MatconGroupLimitedMember | 3,800,000 us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 / us-gaap_BusinessAcquisitionAxis = iex_MatconGroupLimitedMember |
Business combination, amount financed with borrowings under the revolving facility |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ 15,000,000 iex_BusinessAcquisitionCostOfAcquiredEntityFinancedByBorrowings / us-gaap_BusinessAcquisitionAxis = iex_MatconGroupLimitedMember |  |  |  |

X
- Definition Business Acquisition Cost of Acquired Entity Financed by Borrowings + References No definition available. + Details
Name: | iex_BusinessAcquisitionCostOfAcquiredEntityFinancedByBorrowings
Namespace Prefix: | iex_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Business Acquisition Cost Of Acquired Entity Transaction Cost + References No definition available. + Details
Name: | iex_BusinessAcquisitionCostOfAcquiredEntityTransactionCost
Namespace Prefix: | iex_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

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 Business Combination, Consideration Transferred, Working Capital Adjustments + References No definition available. + Details
Name: | iex_BusinessCombinationConsiderationTransferredWorkingCapitalAdjustments
Namespace Prefix: | iex_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

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

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 This element represents acquisition-related costs incurred to effect a business combination which costs have been expensed during the period. Such costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 25 -Paragraph 23 -URI http://asc.fasb.org/extlink&oid=34752592&loc=d3e1043-128460 + Details
Name: | us-gaap_BusinessCombinationAcquisitionRelatedCosts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer. + References Reference 1: 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 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 Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e6927-128479 + Details
Name: | us-gaap_BusinessCombinationConsiderationTransferred1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of liabilities incurred by the acquirer as part of consideration transferred in a business combination. + 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 7 -URI http://asc.fasb.org/extlink&oid=6911251&loc=d3e6578-128477 Reference 3: 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 + Details
Name: | us-gaap_BusinessCombinationConsiderationTransferredLiabilitiesIncurred
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of increase (decrease) in the value of a contingent consideration liability, including, but not limited to, differences arising upon settlement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 50 -Paragraph 4 -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e7008-128479 + Details
Name: | us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of liability recognized arising from contingent consideration in a business combination. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 25 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6911189&loc=d3e6408-128476 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 35 -Paragraph 1 -Subparagraph b -URI http://asc.fasb.org/extlink&oid=6911338&loc=d3e6819-128478 + Details
Name: | us-gaap_BusinessCombinationContingentConsiderationLiability
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of intangible assets, excluding goodwill, acquired at the acquisition date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=39739317&loc=d3e4845-128472 + Details
Name: | us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The amount of identifiable intangible assets recognized as of the acquisition date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=39739317&loc=d3e4845-128472 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 55 -Paragraph 37 -URI http://asc.fasb.org/extlink&oid=35744172&loc=d3e2207-128464 + Details
Name: | us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6388280&loc=d3e13770-109266 + Details
Name: | us-gaap_Goodwill
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Charge to cost of goods sold that represents the reduction of the carrying amount of inventory, generally attributable to obsolescence or market conditions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.2) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 330 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=28360613&loc=d3e4542-108314 + Details
Name: | us-gaap_InventoryWriteDown
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Investing Activities -URI http://asc.fasb.org/extlink&oid=6516133 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 13 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3213-108585 + Details
Name: | us-gaap_PaymentsToAcquireBusinessesGross
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration