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v3.21.2

Revenue (Tables) | 6 Months Ended
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Jun. 30, 2021
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | Revenue by reporting unit for the three and six months ended June 30, 2021 and 2020 was as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Energy | $ | 40,068 |  |  | $ | 55,814 |  |  | $ | 85,430 |  |  | $ | 94,328 |
Valves | 29,058 |  |  | 25,714 |  |  | 57,119 |  |  | 51,921 |
Water | 67,958 |  |  | 54,730 |  |  | 129,574 |  |  | 113,066 |
Pumps | 89,080 |  |  | 60,555 |  |  | 171,431 |  |  | 142,385 |
Agriculture | 25,113 |  |  | 22,299 |  |  | 51,088 |  |  | 44,273 |
Intersegment elimination | (438) |  |  | (190) |  |  | (737) |  |  | (339) |
Fluid & Metering Technologies | 250,839 |  |  | 218,922 |  |  | 493,905 |  |  | 445,634 |
Scientific Fluidics & Optics | 130,435 |  |  | 106,564 |  |  | 244,792 |  |  | 212,706 |
Sealing Solutions | 69,165 |  |  | 45,201 |  |  | 134,736 |  |  | 100,531 |
Performance Pneumatic Technologies(1) | 30,302 |  |  | 28,039 |  |  | 63,174 |  |  | 55,385 |
Micropump | 8,639 |  |  | 7,272 |  |  | 16,275 |  |  | 14,987 |
Material Processing Technologies | 36,471 |  |  | 28,592 |  |  | 66,404 |  |  | 56,118 |
Intersegment elimination | (716) |  |  | (434) |  |  | (1,578) |  |  | (1,037) |
Health & Science Technologies | 274,296 |  |  | 215,234 |  |  | 523,803 |  |  | 438,690 |
Fire & Safety | 97,992 |  |  | 92,295 |  |  | 194,802 |  |  | 186,363 |
BAND-IT | 23,864 |  |  | 16,303 |  |  | 49,677 |  |  | 41,536 |
Dispensing | 38,956 |  |  | 18,478 |  |  | 75,817 |  |  | 43,501 |
Intersegment elimination | — |  |  | 17 |  |  | (21) |  |  | (13) |
Fire & Safety/Diversified Products | 160,812 |  |  | 127,093 |  |  | 320,275 |  |  | 271,387 |
Total net sales | $ | 685,947 |  |  | $ | 561,249 |  |  | $ | 1,337,983 |  |  | $ | 1,155,711 |
(1) This reporting unit was previously called the Gast reporting unit and was renamed Performance Pnuematic Technologies upon the acquisition date of Airtech. Prior to that date all amounts reflect only the Gast business.
Schedule of External Net Sales Disaggregated by Geography | Revenue by geographical region for the three and six months ended June 30, 2021 and 2020 was as follows:
| Three Months Ended June 30, 2021
| FMT |  | HST |  | FSDP |  | IDEX
U.S. | $ | 131,116 |  |  | $ | 113,847 |  |  | $ | 71,846 |  |  | $ | 316,809 |
North America, excluding U.S. | 14,131 |  |  | 4,422 |  |  | 8,153 |  |  | 26,706 |
Europe | 52,651 |  |  | 95,564 |  |  | 45,413 |  |  | 193,628 |
Asia | 37,906 |  |  | 51,262 |  |  | 26,828 |  |  | 115,996 |
Other (1) | 15,473 |  |  | 9,917 |  |  | 8,572 |  |  | 33,962 |
Intersegment elimination | (438) |  |  | (716) |  |  | — |  |  | (1,154) |
Total net sales | $ | 250,839 |  |  | $ | 274,296 |  |  | $ | 160,812 |  |  | $ | 685,947 |
| Three Months Ended June 30, 2020
| FMT |  | HST |  | FSDP |  | IDEX
U.S. | $ | 134,299 |  |  | $ | 93,103 |  |  | $ | 63,640 |  |  | $ | 291,042 |
North America, excluding U.S. | 11,359 |  |  | 4,526 |  |  | 5,031 |  |  | 20,916 |
Europe | 39,386 |  |  | 56,000 |  |  | 31,176 |  |  | 126,562 |
Asia | 24,349 |  |  | 57,806 |  |  | 21,543 |  |  | 103,698 |
Other (1) | 9,719 |  |  | 4,233 |  |  | 5,686 |  |  | 19,638 |
Intersegment elimination | (190) |  |  | (434) |  |  | 17 |  |  | (607) |
Total net sales | $ | 218,922 |  |  | $ | 215,234 |  |  | $ | 127,093 |  |  | $ | 561,249 |
| Six Months Ended June 30, 2021
| FMT |  | HST |  | FSDP |  | IDEX
U.S. | $ | 262,077 |  |  | $ | 207,564 |  |  | $ | 147,348 |  |  | $ | 616,989 |
North America, excluding U.S. | 28,960 |  |  | 11,494 |  |  | 15,373 |  |  | 55,827 |
Europe | 101,296 |  |  | 172,329 |  |  | 87,981 |  |  | 361,606 |
Asia | 71,644 |  |  | 118,981 |  |  | 53,690 |  |  | 244,315 |
Other (1) | 30,665 |  |  | 15,013 |  |  | 15,904 |  |  | 61,582 |
Intersegment elimination | (737) |  |  | (1,578) |  |  | (21) |  |  | (2,336) |
Total net sales | $ | 493,905 |  |  | $ | 523,803 |  |  | $ | 320,275 |  |  | $ | 1,337,983 |
| Six Months Ended June 30, 2020
| FMT |  | HST |  | FSDP |  | IDEX
U.S. | $ | 262,077 |  |  | $ | 189,099 |  |  | $ | 138,571 |  |  | $ | 589,747 |
North America, excluding U.S. | 25,035 |  |  | 10,494 |  |  | 11,300 |  |  | 46,829 |
Europe | 84,051 |  |  | 123,087 |  |  | 71,246 |  |  | 278,384 |
Asia | 51,134 |  |  | 109,145 |  |  | 38,122 |  |  | 198,401 |
Other (1) | 23,676 |  |  | 7,902 |  |  | 12,161 |  |  | 43,739 |
Intersegment elimination | (339) |  |  | (1,037) |  |  | (13) |  |  | (1,389) |
Total net sales | $ | 445,634 |  |  | $ | 438,690 |  |  | $ | 271,387 |  |  | $ | 1,155,711 |
(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:
| June 30, 2021 |  | December 31, 2020
Billed receivables | $ | 340,467 |  |  | $ | 273,536 |
Unbilled receivables | 13,737 |  |  | 14,752 |
Total customer receivables | $ | 354,204 |  |  | $ | 288,288 |
Schedule of New Accounting Pronouncements and Changes in Accounting Principles | The composition of Deferred revenue was as follows:
| June 30, 2021 |  | December 31, 2020
Deferred revenue - current | $ | 41,471 |  |  | $ | 28,374 |
Deferred revenue - noncurrent | 35,239 |  |  | 30,354 |
Total deferred revenue | $ | 76,710 |  |  | $ | 58,728 |

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