Revenue (Tables)

12 Months Ended

Dec. 31, 2019

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

Revenue by reporting unit for the years ended December 31, 2019 and 2018 was as follows:

	For the Year Ended December 31,
	2019			2018
Energy	$	164,825		$	163,996
Valves	118,333			113,136
Water	250,589			251,020
Pumps	331,098			324,222
Agriculture	92,183			99,178
Intersegment elimination	(505		)	(277		)
Fluid & Metering Technologies	956,523			951,275
Scientific Fluidics & Optics	434,623			417,859
Sealing Solutions	200,495			200,316
Gast	133,471			126,787
Micropump	32,216			36,827
Material Processing Technologies	113,641			114,630
Intersegment elimination	(1,823		)	(449		)
Health & Science Technologies	912,623			895,970
Fire & Safety	403,949			396,926
Band-It	106,624			105,785
Dispensing	116,197			134,317
Intersegment elimination	(1,343		)	(607		)
Fire & Safety/Diversified Products	625,427			636,421
Total net sales	$	2,494,573		$	2,483,666

Schedule of External Net Sales Disaggregated by Geography

Revenue by geographical region for the years ended December 31, 2019 and 2018 was as follows:

	For the Year Ended December 31, 2019
	FMT			HST			FSDP			IDEX
U.S.	$	541,994		$	411,680		$	303,579		$	1,257,253
North America, excluding U.S.	58,256			21,735			26,328			106,319
Europe	170,698			263,523			159,184			593,405
Asia	125,031			201,765			103,379			430,175
Other (1)	61,049			15,743			34,300			111,092
Intersegment elimination	(505		)	(1,823		)	(1,343		)	(3,671		)
Total net sales	$	956,523		$	912,623		$	625,427		$	2,494,573

	For the Year Ended December 31, 2018
	FMT			HST			FSDP			IDEX
U.S.	$	540,697		$	392,140		$	297,717		$	1,230,554
North America, excluding U.S.	57,917			18,770			28,779			105,466
Europe	172,630			278,634			164,307			615,571
Asia	119,822			189,342			111,169			420,333
Other (1)	60,486			17,533			35,056			113,075
Intersegment elimination	(277		)	(449		)	(607		)	(1,333		)
Total net sales	$	951,275		$	895,970		$	636,421		$	2,483,666

⁽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:

	December 31, 2019		December 31, 2018
Billed receivables	$	286,196	$	299,227
Unbilled receivables	11,922		14,492
Total customer receivables	$	298,118	$	313,719

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

The composition of Deferred revenue was as follows:

	December 31, 2019		December 31, 2018
Deferred revenue - current	$	17,633	$	8,055
Deferred revenue - noncurrent	2,129		3,027
Total deferred revenue	$	19,762	$	11,082