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Revenue (Tables) | 3 Months Ended
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Mar. 31, 2021
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | Revenue by reporting unit for the three months ended March 31, 2021 and 2020 was as follows:
|  |  | Three Months Ended March 31,
|  |  |  |  | 2021 |  | 2020
Energy |  |  |  |  | $ | 45,362 |  |  | $ | 38,514 |
Valves |  |  |  |  | 28,061 |  |  | 26,207 |
Water |  |  |  |  | 61,616 |  |  | 58,336 |
Pumps |  |  |  |  | 82,351 |  |  | 81,830 |
Agriculture |  |  |  |  | 25,975 |  |  | 21,974 |
Intersegment elimination |  |  |  |  | (299) |  |  | (149) |
Fluid & Metering Technologies |  |  |  |  | 243,066 |  |  | 226,712 |
Scientific Fluidics & Optics |  |  |  |  | 114,357 |  |  | 106,142 |
Sealing Solutions |  |  |  |  | 65,571 |  |  | 55,330 |
Gast |  |  |  |  | 32,872 |  |  | 27,346 |
Micropump |  |  |  |  | 7,636 |  |  | 7,715 |
Material Processing Technologies |  |  |  |  | 29,933 |  |  | 27,526 |
Intersegment elimination |  |  |  |  | (862) |  |  | (603) |
Health & Science Technologies |  |  |  |  | 249,507 |  |  | 223,456 |
Fire & Safety |  |  |  |  | 96,810 |  |  | 94,068 |
BAND-IT |  |  |  |  | 25,813 |  |  | 25,233 |
Dispensing |  |  |  |  | 36,861 |  |  | 25,023 |
Intersegment elimination |  |  |  |  | (21) |  |  | (30) |
Fire & Safety/Diversified Products |  |  |  |  | 159,463 |  |  | 144,294 |
Total net sales |  |  |  |  | $ | 652,036 |  |  | $ | 594,462 |
Schedule of External Net Sales Disaggregated by Geography | Revenue by geographical region for the three months ended March 31, 2021 and 2020 was as follows:
| Three Months Ended March 31, 2021
| FMT |  | HST |  | FSDP |  | IDEX
U.S. | $ | 130,961 |  |  | $ | 93,717 |  |  | $ | 75,502 |  |  | $ | 300,180 |
North America, excluding U.S. | 14,829 |  |  | 7,072 |  |  | 7,220 |  |  | 29,121 |
Europe | 48,645 |  |  | 76,765 |  |  | 42,568 |  |  | 167,978 |
Asia | 33,738 |  |  | 67,719 |  |  | 26,862 |  |  | 128,319 |
Other (1) | 15,192 |  |  | 5,096 |  |  | 7,332 |  |  | 27,620 |
Intersegment elimination | (299) |  |  | (862) |  |  | (21) |  |  | (1,182) |
Total net sales | $ | 243,066 |  |  | $ | 249,507 |  |  | $ | 159,463 |  |  | $ | 652,036 |
| Three Months Ended March 31, 2020
| FMT |  | HST |  | FSDP |  | IDEX
U.S. | $ | 127,778 |  |  | $ | 95,996 |  |  | $ | 74,931 |  |  | $ | 298,705 |
North America, excluding U.S. | 13,676 |  |  | 5,968 |  |  | 6,269 |  |  | 25,913 |
Europe | 44,665 |  |  | 67,087 |  |  | 40,070 |  |  | 151,822 |
Asia | 26,785 |  |  | 51,339 |  |  | 16,579 |  |  | 94,703 |
Other (1) | 13,957 |  |  | 3,669 |  |  | 6,475 |  |  | 24,101 |
Intersegment elimination | (149) |  |  | (603) |  |  | (30) |  |  | (782) |
Total net sales | $ | 226,712 |  |  | $ | 223,456 |  |  | $ | 144,294 |  |  | $ | 594,462 |
(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:
| March 31, 2021 |  | December 31, 2020
Billed receivables | $ | 326,307 |  |  | $ | 273,536 |
Unbilled receivables | 13,616 |  |  | 14,752 |
Total customer receivables | $ | 339,923 |  |  | $ | 288,288 |
Schedule of New Accounting Pronouncements and Changes in Accounting Principles | The composition of Deferred revenue was as follows:
| March 31, 2021 |  | December 31, 2020
Deferred revenue - current | $ | 33,286 |  |  | $ | 28,374 |
Deferred revenue - noncurrent | 36,531 |  |  | 30,354 |
Total deferred revenue | $ | 69,817 |  |  | $ | 58,728 |

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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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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130545-203045 + Details
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- Definition Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph a -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 + Details
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- Definition Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=116846552&loc=d3e765-108305 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=116846552&loc=d3e725-108305 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794 + Details
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