Revenue (Tables)

9 Months Ended

Sep. 30, 2020

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

Revenue by reporting unit for the three and nine months ended September 30, 2020 and 2019 was as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Energy	$	56,155	$	42,876	$	150,483	$	122,882
Valves	26,901		30,764		78,822		89,955
Water	59,822		62,611		172,888		188,891
Pumps	59,585		84,936		201,970		260,321
Agriculture	18,284		19,674		62,557		67,523
Intersegment elimination	(194)		(103)		(533)		(367)
Fluid & Metering Technologies	220,553		240,758		666,187		729,205
Scientific Fluidics & Optics	100,569		108,869		313,275		325,731
Sealing Solutions	50,726		51,389		151,257		148,326
Gast	32,173		32,699		87,558		104,007
Micropump	7,273		8,273		22,260		25,299
Material Processing Technologies	29,637		28,380		85,755		83,790
Intersegment elimination	(707)		(622)		(1,744)		(1,305)
Health & Science Technologies	219,671		228,988		658,361		685,848
Fire & Safety	94,065		100,389		280,428		303,094
BAND-IT	22,692		26,087		64,228		81,757
Dispensing	24,139		28,067		67,640		89,894
Intersegment elimination	(7)		(43)		(20)		(1,222)
Fire & Safety/Diversified Products	140,889		154,500		412,276		473,523
Total net sales	$	581,113	$	624,246	$	1,736,824	$	1,888,576

Schedule of External Net Sales Disaggregated by Geography

Revenue by geographical region for the three and nine months ended September 30, 2020 and 2019 was as follows:

	Three Months Ended September 30, 2020
	FMT		HST		FSDP		IDEX
U.S.	$	122,352	$	98,943	$	65,369	$	286,664
North America, excluding U.S.	13,706		5,417		5,680		24,803
Europe	43,855		59,509		37,437		140,801
Asia	26,010		52,197		25,378		103,585
Other (1)	14,824		4,312		7,032		26,168
Intersegment elimination	(194)		(707)		(7)		(908)
Total net sales	$	220,553	$	219,671	$	140,889	$	581,113

	Three Months Ended September 30, 2019
	FMT		HST		FSDP		IDEX
U.S.	$	133,710	$	103,891	$	74,306	$	311,907
North America, excluding U.S.	13,652		5,450		6,726		25,828
Europe	46,830		65,339		38,078		150,247
Asia	30,182		51,378		26,317		107,877
Other (1)	16,487		3,552		9,116		29,155
Intersegment elimination	(103)		(622)		(43)		(768)
Total net sales	$	240,758	$	228,988	$	154,500	$	624,246

	Nine Months Ended September 30, 2020
	FMT		HST		FSDP		IDEX
U.S.	$	384,429	$	288,042	$	203,940	$	876,411
North America, excluding U.S.	38,741		15,911		16,980		71,632
Europe	127,906		182,596		108,683		419,185
Asia	77,144		161,342		63,500		301,986
Other (1)	38,500		12,214		19,193		69,907
Intersegment elimination	(533)		(1,744)		(20)		(2,297)
Total net sales	$	666,187	$	658,361	$	412,276	$	1,736,824

	Nine Months Ended September 30, 2019
	FMT		HST		FSDP		IDEX
U.S.	$	411,645	$	309,135	$	227,881	$	948,661
North America, excluding U.S.	41,337		15,839		19,124		76,300
Europe	134,403		200,509		124,953		459,865
Asia	94,452		149,939		76,621		321,012
Other (1)	47,735		11,731		26,166		85,632
Intersegment elimination	(367)		(1,305)		(1,222)		(2,894)
Total net sales	$	729,205	$	685,848	$	473,523	$	1,888,576

(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:

	September 30, 2020		December 31, 2019
Billed receivables	$	266,074	$	286,196
Unbilled receivables	10,385		11,922
Total customer receivables	$	276,459	$	298,118

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

The composition of Deferred revenue was as follows:

	September 30, 2020		December 31, 2019
Deferred revenue - current	$	41,840	$	17,633
Deferred revenue - noncurrent	5,100		2,129
Total deferred revenue	$	46,940	$	19,762