XML 17 R6.htm IDEA: XBRL DOCUMENT
v3.19.2

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) $ in Thousands | Total | Common Stock and Additional Paid-In Capital | Retained Earnings | Cumulative Translation Adjustment | Retirement Benefits Adjustment | Cumulative Unrealized Gain (Loss) on Derivatives | Treasury Stock
--- | --- | --- | --- | --- | --- | --- | ---
Balance at Dec. 31, 2017 | $ 1,886,542 | $ 717,808 | $ 2,057,915 | $ (46,306) | $ (29,154) | $ (14,047) | $ (799,674)
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |
Net income | 98,958 |  | 98,958 |  |  |  |
Adjustment for adoption of ASU |  |  |  |  | (3,411) | (3,024) |
Adjustment for adoption of ASU | Accounting Standards Update 2016-16 | (645) |  | (645) |  |  |  |
Adjustment for adoption of ASU | Accounting Standards Update 2018-02 | 0 |  | 6,435 |  |  |  |
Cumulative translation adjustment | 27,578 |  |  | 27,578 |  |  |
Net change in retirement obligations (net of tax) | 1,413 |  |  |  | 1,413 |  |
Net change on derivatives designated as cash flow hedges (net of tax) | 1,261 |  |  |  |  | 1,261 |
Issuance of shares of common stock from issuance of unvested shares, performance share units and exercise of stock options (net of tax) | 6,590 |  |  |  |  |  | 6,590
Shares surrendered for tax withholding | (10,750) |  |  |  |  |  | (10,750)
Share-based compensation | 5,938 | 5,938 |  |  |  |  |
Balance at Mar. 31, 2018 | 2,016,885 | 723,746 | 2,162,663 | (18,728) | (31,152) | (15,810) | (803,834)
Balance at Dec. 31, 2017 | 1,886,542 | 717,808 | 2,057,915 | (46,306) | (29,154) | (14,047) | (799,674)
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |
Net income | 206,084 |  |  |  |  |  |
Net change in retirement obligations (net of tax) | 2,709 |  |  |  |  |  |
Repurchase of shares of common stock | (20,500) |  |  |  |  |  |
Balance at Jun. 30, 2018 | 1,989,151 | 728,760 | 2,203,473 | (81,373) | (29,856) | (14,551) | (817,302)
Balance at Mar. 31, 2018 | 2,016,885 | 723,746 | 2,162,663 | (18,728) | (31,152) | (15,810) | (803,834)
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |
Net income | 107,126 |  | 107,126 |  |  |  |
Cumulative translation adjustment | (62,645) |  |  | (62,645) |  |  |
Net change in retirement obligations (net of tax) | 1,296 |  |  |  | 1,296 |  |
Net change on derivatives designated as cash flow hedges (net of tax) | 1,259 |  |  |  |  | 1,259 |
Issuance of shares of common stock from issuance of unvested shares, performance share units and exercise of stock options (net of tax) | 7,026 |  |  |  |  |  | 7,026
Repurchase of shares of common stock | (20,494) |  |  |  |  |  | (20,494)
Share-based compensation | 5,014 | 5,014 |  |  |  |  |
Cash dividends declared | (66,316) |  | (66,316) |  |  |  |
Balance at Jun. 30, 2018 | 1,989,151 | 728,760 | 2,203,473 | (81,373) | (29,856) | (14,551) | (817,302)
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |
Adjustment for adoption of ASU | Accounting Standards Update 2016-02 | 28 |  | 28 |  |  |  |
Balance at Dec. 31, 2018 | 1,994,640 | 739,240 | 2,342,079 | (94,420) | (22,740) | (12,065) | (957,454)
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |
Net income | 110,268 |  | 110,268 |  |  |  |
Cumulative translation adjustment | (3,281) |  |  | (3,281) |  |  |
Net change in retirement obligations (net of tax) | 1,262 |  |  |  | 1,262 |  |
Net change on derivatives designated as cash flow hedges (net of tax) | 1,227 |  |  |  |  | 1,227 |
Issuance of shares of common stock from issuance of unvested shares, performance share units and exercise of stock options (net of tax) | 8,870 |  |  |  |  |  | 8,870
Repurchase of shares of common stock | (51,706) |  |  |  |  |  | (51,706)
Shares surrendered for tax withholding | (11,479) |  |  |  |  |  | (11,479)
Share-based compensation | 5,403 | 5,403 |  |  |  |  |
Balance at Mar. 31, 2019 | 2,055,232 | 744,643 | 2,452,375 | (97,701) | (21,478) | (10,838) | (1,011,769)
Balance at Dec. 31, 2018 | 1,994,640 | 739,240 | 2,342,079 | (94,420) | (22,740) | (12,065) | (957,454)
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |
Net income | 223,477 |  |  |  |  |  |
Net change in retirement obligations (net of tax) | 2,518 |  |  |  |  |  |
Repurchase of shares of common stock | (54,700) |  |  |  |  |  |
Balance at Jun. 30, 2019 | 2,112,041 | 749,909 | 2,489,911 | (95,073) | (20,222) | (9,614) | (1,002,870)
Balance at Mar. 31, 2019 | 2,055,232 | 744,643 | 2,452,375 | (97,701) | (21,478) | (10,838) | (1,011,769)
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |
Net income | 113,209 |  | 113,209 |  |  |  |
Cumulative translation adjustment | 2,628 |  |  | 2,628 |  |  |
Net change in retirement obligations (net of tax) | 1,256 |  |  |  | 1,256 |  |
Net change on derivatives designated as cash flow hedges (net of tax) | 1,224 |  |  |  |  | 1,224 |
Issuance of shares of common stock from issuance of unvested shares, performance share units and exercise of stock options (net of tax) | 11,891 |  |  |  |  |  | 11,891
Repurchase of shares of common stock | (2,962) |  |  |  |  |  | (2,962)
Shares surrendered for tax withholding | (30) |  |  |  |  |  | (30)
Share-based compensation | 5,266 | 5,266 |  |  |  |  |
Cash dividends declared | (75,673) |  | (75,673) |  |  |  |
Balance at Jun. 30, 2019 | $ 2,112,041 | $ 749,909 | $ 2,489,911 | $ (95,073) | $ (20,222) | $ (9,614) | $ (1,002,870)

X
- Definition Amortization of forward starting swaps + References No definition available. + Details
Name: | iex_AmortizationOfForwardStartingSwaps
Namespace Prefix: | iex_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Issuance Of Common Stock From Issuance of Restricted Stock, Performance Share Units and Exercise of Stock Options Net Of Tax Benefit + References No definition available. + Details
Name: | iex_IssuanceOfCommonStockFromIssuanceofRestrictedStockPerformanceShareUnitsandExerciseofStockOptionsNetOfTaxBenefit
Namespace Prefix: | iex_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Tax Cuts and Jobs Act of 2017, Reclassification of Standard Tax Effect from AOCI to Retained Earnings + References No definition available. + Details
Name: | iex_TaxCutsandJobsActof2017ReclassificationofStandardTaxEffectfromAOCItoRetainedEarnings
Namespace Prefix: | iex_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Unvested shares surrendered for tax withholding. + References No definition available. + Details
Name: | iex_UnvestedSharesSurrenderedForTaxWithholding
Namespace Prefix: | iex_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount after tax of increase (decrease) to equity or (increase) decrease to net assets, resulting from the cumulative effect adjustment of a new accounting principle applied in the period of adoption. + References No definition available. + Details
Name: | us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of paid and unpaid common stock dividends declared with the form of settlement in cash. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 + Details
Name: | us-gaap_DividendsCommonStockCash
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
Name: | us-gaap_IncreaseDecreaseInStockholdersEquityRollForward
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=118930883&loc=SL7669619-108580 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(22)) -URI http://asc.fasb.org/extlink&oid=116637391&loc=SL114874048-224260 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=118930883&loc=SL7669625-108580 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(18)) -URI http://asc.fasb.org/extlink&oid=116637232&loc=SL114874131-224263 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(20)) -URI http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -URI http://asc.fasb.org/extlink&oid=118932676&loc=d3e3602-108585 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_NetIncomeLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount, after tax, of reclassification adjustment from accumulated other comprehensive (income) loss for prior service cost (credit) of defined benefit plan. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=118930883&loc=d3e689-108580 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=118930883&loc=d3e637-108580 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 17A -URI http://asc.fasb.org/extlink&oid=118930883&loc=SL34724391-108580 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (i) -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920 + Details
Name: | us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 10A -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=118930883&loc=SL7669646-108580 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -Subparagraph (b,c) -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + Details
Name: | us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Value, after forfeiture, of shares granted under share-based payment arrangement. Excludes employee stock ownership plan (ESOP). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 30 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=116855757&loc=d3e3913-113898 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 30 -Section 35 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=116859318&loc=d3e15009-113911 + Details
Name: | us-gaap_StockGrantedDuringPeriodValueSharebasedCompensation
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 4.E) -URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74512-122707 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(31)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(30)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_StockholdersEquity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Equity impact of the cost of common and preferred stock that were repurchased during the period. Recorded using the cost method. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21463-112644 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6405813&loc=d3e23239-112655 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 + Details
Name: | us-gaap_TreasuryStockValueAcquiredCostMethod
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | us-gaap_AdjustmentsForNewAccountingPronouncementsAxis=us-gaap_AccountingStandardsUpdate201616Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AdjustmentsForNewAccountingPronouncementsAxis=us-gaap_AccountingStandardsUpdate201802Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AdjustmentsForNewAccountingPronouncementsAxis=us-gaap_AccountingStandardsUpdate201602Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |