Basis of Presentation and Significant Accounting Policies (Tables)
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12 Months Ended |
Dec. 31, 2015 |
Allowance for Doubtful Accounts and Sales Returns Roll Forward [Abstract] |
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Allowance for Doubtful Accounts and Sales Returns Roll Forward |
The following is a summary of the activity of the Company's allowance for doubtful accounts and sales returns for the years ended December 31, 2015, 2014 and 2013 (in thousands): | | | Balance at | | | | | | Balance at | | | | Beginning | | | | | | End of | | | | of Period | | Additions | | Deductions | | Period | Allowance for Doubtful Accounts and Sales | | | | | | | | | | | | | | Returns: | | | | | | | | | | | | | | 2015 | | $ | 7,179 | | $ | 6,739 | | $ | (6,422) | | $ | 7,496 | | 2014 | | $ | 7,057 | | $ | 7,551 | | $ | (7,429) | | $ | 7,179 | | 2013 | | $ | 8,240 | | $ | 4,386 | | $ | (5,569) | | $ | 7,057 |
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Fair Value Disclosures [Abstract] |
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Fair Value, Assets And Liabilities |
The following table represents the Company's assets and liabilities measured at fair value on a recurring basis at December 31, 2015 (in thousands): | | | | | | | Quoted Prices | | | | | | | | | | | | | | in Active | | Significant | | | | | | | | | | | Markets | | Other | | Significant | | | | | Total at | | for Identical | | Observable | | Unobservable | | | | | December 31, | | Assets | | Inputs | | Inputs | | | | | 2015 | | (Level 1) | | (Level 2) | | (Level 3) | Assets: | | | | | | | | | | | | | | U.S. Treasury securities | | $ | 627,156 | | $ | - | | $ | 627,156 | | $ | - | | Foreign government securities | | | 15,199 | | | - | | | 15,199 | | | - | | Corporate debt securities | | | 1,324,318 | | | - | | | 1,324,318 | | | - | | Time deposits | | | 74,947 | | | - | | | 74,947 | | | - | | Equity securities | | | 147 | | | - | | | 147 | | | - | | Other cash equivalents | | | 27,000 | | | - | | | 27,000 | | | - | | Waters 401(k) Restoration Plan assets | | | 35,823 | | | - | | | 35,823 | | | - | | Foreign currency exchange contract | | | | | | | | | | | | | | | agreements | | | 616 | | | - | | | 616 | | | - | | | Total | | $ | 2,105,206 | | $ | - | | $ | 2,105,206 | | $ | - | | | | | | | | | | | | | | | | Liabilities: | | | | | | | | | | | | | | Contingent consideration | | $ | 4,215 | | $ | - | | $ | - | | $ | 4,215 | | Foreign currency exchange contract | | | | | | | | | | | | | | | agreements | | | 402 | | | - | | | 402 | | | - | | | Total | | $ | 4,617 | | $ | - | | $ | 402 | | $ | 4,215 |
The following table represents the Company's assets and liabilities measured at fair value on a recurring basis at December 31, 2014 (in thousands): | | | | | | | Quoted Prices | | | | | | | | | | | | | | in Active | | Significant | | | | | | | | | | | Markets | | Other | | Significant | | | | | Total at | | for Identical | | Observable | | Unobservable | | | | | December 31, | | Assets | | Inputs | | Inputs | | | | | 2014 | | (Level 1) | | (Level 2) | | (Level 3) | Assets: | | | | | | | | | | | | | | U.S. Treasury securities | | $ | 626,772 | | $ | - | | $ | 626,772 | | $ | - | | Foreign government securities | | | 24,998 | | | - | | | 24,998 | | | - | | Corporate debt securities | | | 984,105 | | | - | | | 984,105 | | | - | | Time deposits | | | 64,240 | | | - | | | 64,240 | | | - | | Equity securities | | | 147 | | | - | | | 147 | | | - | | Other cash equivalents | | | 29,000 | | | - | | | 29,000 | | | - | | Waters 401(k) Restoration Plan assets | | | 33,935 | | | - | | | 33,935 | | | - | | Foreign currency exchange contract | | | | | | | | | | | | | | | agreements | | | 123 | | | - | | | 123 | | | - | | | Total | | $ | 1,763,320 | | $ | - | | $ | 1,763,320 | | $ | - | | | | | | | | | | | | | | | | Liabilities: | | | | | | | | | | | | | | Contingent consideration | | $ | 3,612 | | $ | - | | $ | - | | $ | 3,612 | | Foreign currency exchange contract | | | | | | | | | | | | | | | agreements | | | 651 | | | - | | | 651 | | | - | | | Total | | $ | 4,263 | | $ | - | | $ | 651 | | $ | 3,612 |
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Summary of Derivative Instruments by Risk Exposure [Abstract] |
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Gains (Losses) on Foreign Exchange Contracts |
The following is a summary of the activity in the statements of operations related to the foreign exchange contracts (in thousands): | | | Year Ended December 31, | | | | 2015 | | 2014 | | 2013 | Realized (losses) gains on closed contracts | | $ | (2,601) | | $ | 174 | | $ | 8,666 | Unrealized gains (losses) on open contracts | | | 742 | | | (1,369) | | | 361 | | Cumulative net pre-tax (losses) gains | | $ | (1,859) | | $ | (1,195) | | $ | 9,027 |
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Fair Value of Forward Foreign Exchange Contracts |
The Company's foreign currency exchange contracts included in the consolidated balance sheets are classified as follows (in thousands): | | | December 31, 2015 | | December 31, 2014 | Other current assets | | $ | 616 | | $ | 123 | Other current liabilities | | $ | 402 | | $ | 651 |
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Warranty Accrual Roll Forward [Abstract] |
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Warranty Accrual Roll Forward |
The following is a summary of the activity of the Company's accrued warranty liability for the years ended December 31, 2015, 2014 and 2013 (in thousands): | | | Balance at | | | | | | Balance at | | | | Beginning | | Accruals for | | Settlements | | End of | | | | of Period | | Warranties | | Made | | Period | Accrued warranty liability: | | | | | | | | | | | | | | 2015 | | $ | 13,266 | | $ | 8,390 | | $ | (8,307) | | $ | 13,349 | | 2014 | | $ | 12,962 | | $ | 8,148 | | $ | (7,844) | | $ | 13,266 | | 2013 | | $ | 12,353 | | $ | 8,466 | | $ | (7,857) | | $ | 12,962 |
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