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Revenue from Contracts with Customers (Tables)
6 Months Ended
Jun. 30, 2021
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue [Table Text Block]
For the three months ended June 30, 2021U.S. OperationsSwiss OperationsWestern European OperationsChinese OperationsOther OperationsTotal
Product Revenue$252,668 $32,018 $145,687 $188,803 $117,310 $736,486 
Service Revenue:
Point in time54,493 6,534 37,089 12,633 29,711 140,460 
Over time16,149 2,284 18,946 4,085 5,941 47,405 
Total$323,310 $40,836 $201,722 $205,521 $152,962 $924,351 
For the three months ended June 30, 2020U.S. OperationsSwiss OperationsWestern European OperationsChinese OperationsOther OperationsTotal
Product Revenue$188,363 $22,012 $104,458 $128,151 $94,129 $537,113 
Service Revenue:
Point in time
46,342 4,726 27,945 9,784 23,490 112,287 
Over time
14,635 2,210 16,648 2,972 4,808 41,273 
Total$249,340 $28,948 $149,051 $140,907 $122,427 $690,673 
For the six months ended June 30, 2021U.S. OperationsSwiss OperationsWestern European OperationsChinese OperationsOther OperationsTotal
Product Revenue$457,859 $62,185 $282,586 $332,128 $228,643 $1,363,401 
Service Revenue:
Point in time106,084 13,425 72,719 21,975 57,588 271,791 
Over time31,326 4,507 38,767 7,492 11,457 93,549 
Total$595,269 $80,117 $394,072 $361,595 $297,688 $1,728,741 
For the six months ended June 30, 2020U.S. OperationsSwiss OperationsWestern European OperationsChinese OperationsOther OperationsTotal
Product Revenue$365,799 $46,288 $210,335 $218,472 $185,553 $1,026,447 
Service Revenue:
Point in time
96,577 10,282 59,336 16,890 49,166 232,251 
Over time
28,374 4,274 32,705 6,144 9,640 81,137 
Total$490,750 $60,844 $302,376 $241,506 $244,359 $1,339,835 
A summary of revenue by major geographic destination for the three and six months ended June 30 follows:
Three Months EndedSix Months Ended
2021202020212020
Americas$353,415 $270,291 $656,754 $535,124 
Europe260,190 194,165 501,566 388,992 
Asia / Rest of World310,746 226,217 570,421 415,719 
Total$924,351 $690,673 $1,728,741 $1,339,835 
The Company's global revenue mix by product category is comprised of laboratory (55% of sales), industrial (39% of sales) and retail (6% of sales). The Company's product revenue by reportable segment is proportionately similar to the Company's global mix except the Company's Swiss Operations is largely comprised of laboratory products while the Company's Chinese Operations has a slightly higher percentage of industrial products. A summary of the Company’s revenue by product category for the three and six months ended June 30 is as follows:
Three Months EndedSix Months Ended
2021202020212020
Laboratory$506,106 $359,471 $950,732 $716,562 
Industrial368,013 288,824 678,791 541,179 
Retail50,232 42,378 99,218 82,094 
Total$924,351 $690,673 $1,728,741 $1,339,835 
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]
20212020
Beginning balances as of January 1$149,106 $122,489 
Customer pre-payments/deferred revenue323,654 278,015 
Revenue recognized(278,817)(251,462)
Foreign currency translation(1,744)1,700 
Ending balance as of June 30$192,199 $150,742