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Revenue from Contracts with Customers (Tables)
6 Months Ended
Jun. 30, 2022
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue [Table Text Block]
For the three months ended June 30, 2022U.S. OperationsSwiss OperationsWestern European OperationsChinese OperationsOther OperationsTotal
Product Revenue$279,438 $33,291 $136,962 $213,131 $117,422 $780,244 
Service Revenue:
Point in time64,589 6,504 31,957 10,708 30,541 144,299 
Over time17,118 2,267 21,345 5,970 7,144 53,844 
Total$361,145 $42,062 $190,264 $229,809 $155,107 $978,387 
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 time
54,493 6,534 37,089 12,633 29,711 140,460 
Over time
16,149 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 six months ended June 30, 2022U.S. OperationsSwiss OperationsWestern European OperationsChinese OperationsOther OperationsTotal
Product Revenue$528,245 $67,201 $274,971 $381,120 $235,322 $1,486,859 
Service Revenue:
Point in time124,743 13,671 68,179 21,035 59,143 286,771 
Over time33,978 4,459 39,999 10,360 13,752 102,548 
Total$686,966 $85,331 $383,149 $412,515 $308,217 $1,876,178 
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 time
106,084 13,425 72,719 21,975 57,588 271,791 
Over time
31,326 4,507 38,767 7,492 11,457 93,549 
Total$595,269 $80,117 $394,072 $361,595 $297,688 $1,728,741 
A summary of revenue by major geographic destination for the three and six months ended June 30 follows:
Three Months EndedSix Months Ended
2022202120222021
Americas$393,707 $353,415 $746,396 $656,754 
Europe242,738 260,190 492,522 501,566 
Asia / Rest of World341,942 310,746 637,260 570,421 
Total$978,387 $924,351 $1,876,178 $1,728,741 
The Company's global revenue mix by product category is comprised of laboratory (56% of sales), industrial (39% of sales) and retail (5% 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
2022202120222021
Laboratory$545,925 $506,106 $1,059,475 $950,732 
Industrial384,173 368,013 727,911 678,791 
Retail48,289 50,232 88,792 99,218 
Total$978,387 $924,351 $1,876,178 $1,728,741 
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]
20222021
Beginning balances as of January 1$192,648 $149,106 
Customer pre-payments/deferred revenue377,052 323,654 
Revenue recognized(345,070)(278,817)
Foreign currency translation(9,497)(1,744)
Ending balance as of June 30$215,133 $192,199