XML 55 R30.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Significant Accounting Policies (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Accounting Policies [Abstract] |
Schedule of Basic Weighted Average Shares Reconciles to Diluted Weighted Average Shares | Basic weighted average common shares outstanding reconciles to diluted weighted average common shares outstanding as follows:
| 2023 |  | 2022 |  | 2021
| (In millions)
Basic weighted average common shares outstanding | 75.6 |  |  | 75.7 |  |  | 76.0 |
Dilutive effect of restricted stock, performance share units and stock options | 0.3 |  |  | 0.3 |  |  | 0.4 |
Diluted weighted average common shares outstanding | 75.9 |  |  | 76.0 |  |  | 76.4 |
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share | Options to purchase shares of common stock that were not included in the computation of Diluted EPS attributable to IDEX because the effect of their inclusion would have been antidilutive were as follows:
| 2023 |  | 2022 |  | 2021
Antidilutive shares not included in Diluted EPS attributable to IDEX | 0.2 |  |  | 0.5 |  |  | 0.3 |
Schedule of Property and Equipment at Cost, Depreciation and Amortization Estimated Useful Lives | Property and equipment are stated at cost, with depreciation provided using the straight-line method over the following estimated useful lives:
Land improvements | 8 to 12 years
Buildings and improvements | 8 to 30 years
Machinery, equipment and other | 3 to 12 years
Office and transportation equipment | 2 to 10 years
Schedule of Identifiable Intangible Assets, Useful Lives | Certain identifiable intangible assets are amortized over their estimated useful lives using the straight-line method. The estimated useful lives used in the computation of amortization of identifiable intangible assets are as follows:
Patents | 5 to 20 years
Trade names | 15 to 20 years
Customer relationships | 5 to 20 years
Unpatented technology | 8 to 20 years
Software | 5 years

X
- Definition Schedule Of Property And Equipment At Cost, Depreciation And Amortization Estimated Useful Lives [Table Text Block] + References No definition available. + Details
Name: | iex_ScheduleOfPropertyAndEquipmentAtCostDepreciationAndAmortizationEstimatedUsefulLivesTableTextBlock
Namespace Prefix: | iex_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Identifiable Intangible Assets, Useful Lives [Table Text Block] + References No definition available. + Details
Name: | iex_ScheduleofIdentifiableIntangibleAssetsUsefulLivesTableTextBlock
Namespace Prefix: | iex_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_AccountingPoliciesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfWeightedAverageNumberOfSharesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration