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v3.20.2

Revenue (Tables) | 9 Months Ended
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Sep. 30, 2020
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | Revenue by reporting unit for the three and nine months ended September 30, 2020 and 2019 was as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2020 |  | 2019 |  | 2020 |  | 2019
Energy | $ | 56,155 |  |  | $ | 42,876 |  |  | $ | 150,483 |  |  | $ | 122,882 |
Valves | 26,901 |  |  | 30,764 |  |  | 78,822 |  |  | 89,955 |
Water | 59,822 |  |  | 62,611 |  |  | 172,888 |  |  | 188,891 |
Pumps | 59,585 |  |  | 84,936 |  |  | 201,970 |  |  | 260,321 |
Agriculture | 18,284 |  |  | 19,674 |  |  | 62,557 |  |  | 67,523 |
Intersegment elimination | (194) |  |  | (103) |  |  | (533) |  |  | (367) |
Fluid & Metering Technologies | 220,553 |  |  | 240,758 |  |  | 666,187 |  |  | 729,205 |
Scientific Fluidics & Optics | 100,569 |  |  | 108,869 |  |  | 313,275 |  |  | 325,731 |
Sealing Solutions | 50,726 |  |  | 51,389 |  |  | 151,257 |  |  | 148,326 |
Gast | 32,173 |  |  | 32,699 |  |  | 87,558 |  |  | 104,007 |
Micropump | 7,273 |  |  | 8,273 |  |  | 22,260 |  |  | 25,299 |
Material Processing Technologies | 29,637 |  |  | 28,380 |  |  | 85,755 |  |  | 83,790 |
Intersegment elimination | (707) |  |  | (622) |  |  | (1,744) |  |  | (1,305) |
Health & Science Technologies | 219,671 |  |  | 228,988 |  |  | 658,361 |  |  | 685,848 |
Fire & Safety | 94,065 |  |  | 100,389 |  |  | 280,428 |  |  | 303,094 |
BAND-IT | 22,692 |  |  | 26,087 |  |  | 64,228 |  |  | 81,757 |
Dispensing | 24,139 |  |  | 28,067 |  |  | 67,640 |  |  | 89,894 |
Intersegment elimination | (7) |  |  | (43) |  |  | (20) |  |  | (1,222) |
Fire & Safety/Diversified Products | 140,889 |  |  | 154,500 |  |  | 412,276 |  |  | 473,523 |
Total net sales | $ | 581,113 |  |  | $ | 624,246 |  |  | $ | 1,736,824 |  |  | $ | 1,888,576 |
Schedule of External Net Sales Disaggregated by Geography | Revenue by geographical region for the three and nine months ended September 30, 2020 and 2019 was as follows:
| Three Months Ended September 30, 2020
| FMT |  | HST |  | FSDP |  | IDEX
U.S. | $ | 122,352 |  |  | $ | 98,943 |  |  | $ | 65,369 |  |  | $ | 286,664 |
North America, excluding U.S. | 13,706 |  |  | 5,417 |  |  | 5,680 |  |  | 24,803 |
Europe | 43,855 |  |  | 59,509 |  |  | 37,437 |  |  | 140,801 |
Asia | 26,010 |  |  | 52,197 |  |  | 25,378 |  |  | 103,585 |
Other (1) | 14,824 |  |  | 4,312 |  |  | 7,032 |  |  | 26,168 |
Intersegment elimination | (194) |  |  | (707) |  |  | (7) |  |  | (908) |
Total net sales | $ | 220,553 |  |  | $ | 219,671 |  |  | $ | 140,889 |  |  | $ | 581,113 |
| Three Months Ended September 30, 2019
| FMT |  | HST |  | FSDP |  | IDEX
U.S. | $ | 133,710 |  |  | $ | 103,891 |  |  | $ | 74,306 |  |  | $ | 311,907 |
North America, excluding U.S. | 13,652 |  |  | 5,450 |  |  | 6,726 |  |  | 25,828 |
Europe | 46,830 |  |  | 65,339 |  |  | 38,078 |  |  | 150,247 |
Asia | 30,182 |  |  | 51,378 |  |  | 26,317 |  |  | 107,877 |
Other (1) | 16,487 |  |  | 3,552 |  |  | 9,116 |  |  | 29,155 |
Intersegment elimination | (103) |  |  | (622) |  |  | (43) |  |  | (768) |
Total net sales | $ | 240,758 |  |  | $ | 228,988 |  |  | $ | 154,500 |  |  | $ | 624,246 |
| Nine Months Ended September 30, 2020
| FMT |  | HST |  | FSDP |  | IDEX
U.S. | $ | 384,429 |  |  | $ | 288,042 |  |  | $ | 203,940 |  |  | $ | 876,411 |
North America, excluding U.S. | 38,741 |  |  | 15,911 |  |  | 16,980 |  |  | 71,632 |
Europe | 127,906 |  |  | 182,596 |  |  | 108,683 |  |  | 419,185 |
Asia | 77,144 |  |  | 161,342 |  |  | 63,500 |  |  | 301,986 |
Other (1) | 38,500 |  |  | 12,214 |  |  | 19,193 |  |  | 69,907 |
Intersegment elimination | (533) |  |  | (1,744) |  |  | (20) |  |  | (2,297) |
Total net sales | $ | 666,187 |  |  | $ | 658,361 |  |  | $ | 412,276 |  |  | $ | 1,736,824 |
| Nine Months Ended September 30, 2019
| FMT |  | HST |  | FSDP |  | IDEX
U.S. | $ | 411,645 |  |  | $ | 309,135 |  |  | $ | 227,881 |  |  | $ | 948,661 |
North America, excluding U.S. | 41,337 |  |  | 15,839 |  |  | 19,124 |  |  | 76,300 |
Europe | 134,403 |  |  | 200,509 |  |  | 124,953 |  |  | 459,865 |
Asia | 94,452 |  |  | 149,939 |  |  | 76,621 |  |  | 321,012 |
Other (1) | 47,735 |  |  | 11,731 |  |  | 26,166 |  |  | 85,632 |
Intersegment elimination | (367) |  |  | (1,305) |  |  | (1,222) |  |  | (2,894) |
Total net sales | $ | 729,205 |  |  | $ | 685,848 |  |  | $ | 473,523 |  |  | $ | 1,888,576 |
(1) Other includes: South America, Middle East, Australia and Africa.
Schedule of Contract with Customer, Asset and Liability | The composition of Customer receivables was as follows:
| September 30, 2020 |  | December 31, 2019
Billed receivables | $ | 266,074 |  |  | $ | 286,196 |
Unbilled receivables | 10,385 |  |  | 11,922 |
Total customer receivables | $ | 276,459 |  |  | $ | 298,118 |
Schedule of New Accounting Pronouncements and Changes in Accounting Principles | The composition of Deferred revenue was as follows:
| September 30, 2020 |  | December 31, 2019
Deferred revenue - current | $ | 41,840 |  |  | $ | 17,633 |
Deferred revenue - noncurrent | 5,100 |  |  | 2,129 |
Total deferred revenue | $ | 46,940 |  |  | $ | 19,762 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130551-203045 + Details
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