Revenue (Tables)

3 Months Ended

Mar. 31, 2020

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

Revenue by reporting unit for the three months ended March 31, 2020 and 2019 was as follows:

	Three Months Ended March 31,
	2020			2019
Energy	$	38,514		$	39,398
Valves	26,207			29,382
Water	58,336			61,132
Pumps	81,830			88,260
Agriculture	21,974			24,350
Intersegment elimination	(149		)	(186		)
Fluid & Metering Technologies	226,712			242,336
Scientific Fluidics & Optics	106,142			107,308
Sealing Solutions	55,330			50,506
Gast	27,346			33,909
Micropump	7,715			8,755
Material Processing Technologies	27,526			24,812
Intersegment elimination	(603		)	(602		)
Health & Science Technologies	223,456			224,688
Fire & Safety	94,068			99,448
BAND-IT	25,233			27,912
Dispensing	25,023			28,799
Intersegment elimination	(30		)	(952		)
Fire & Safety/Diversified Products	144,294			155,207
Total net sales	$	594,462		$	622,231

Schedule of External Net Sales Disaggregated by Geography

Revenue by geographical region for the three months ended March 31, 2020 and 2019 was as follows:

	Three Months Ended March 31, 2020
	FMT			HST			FSDP			IDEX
U.S.	$	127,778		$	95,996		$	74,931		$	298,705
North America, excluding U.S.	13,676			5,968			6,269			25,913
Europe	44,665			67,087			40,070			151,822
Asia	26,785			51,339			16,579			94,703
Other (1)	13,957			3,669			6,475			24,101
Intersegment elimination	(149		)	(603		)	(30		)	(782		)
Total net sales	$	226,712		$	223,456		$	144,294		$	594,462

	Three Months Ended March 31, 2019
	FMT			HST			FSDP			IDEX
U.S.	$	138,149		$	99,051		$	74,677		$	311,877
North America, excluding U.S.	13,057			4,892			5,980			23,929
Europe	43,624			69,372			43,062			156,058
Asia	31,917			48,059			23,560			103,536
Other (1)	15,775			3,916			8,880			28,571
Intersegment elimination	(186		)	(602		)	(952		)	(1,740		)
Total net sales	$	242,336		$	224,688		$	155,207		$	622,231

⁽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:

	March 31, 2020		December 31, 2019
Billed receivables	$	319,077	$	286,196
Unbilled receivables	10,054		11,922
Total customer receivables	$	329,131	$	298,118

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

The composition of Deferred revenue was as follows:

	March 31, 2020		December 31, 2019
Deferred revenue - current	$	43,563	$	17,633
Deferred revenue - noncurrent	1,850		2,129
Total deferred revenue	$	45,413	$	19,762