Revenue (Tables)

12 Months Ended

Dec. 31, 2020

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

Revenue by reporting unit for the years ended December 31, 2020, 2019 and 2018 was as follows:

	For the Year Ended December 31,
	2020		2019		2018
	(In thousands)
Energy	$	199,980	$	164,825	$	163,996
Valves	107,833		118,333		113,136
Water	236,080		250,589		251,020
Pumps	265,281		331,098		324,222
Agriculture	87,130		92,183		99,178
Intersegment elimination	(830)		(505)		(277)
Fluid & Metering Technologies	895,474		956,523		951,275
Scientific Fluidics & Optics	415,827		434,623		417,859
Sealing Solutions	207,623		200,495		200,316
Gast	122,875		133,471		126,787
Micropump	29,637		32,216		36,827
Material Processing Technologies	120,000		113,641		114,630
Intersegment elimination	(2,609)		(1,823)		(449)
Health & Science Technologies	893,353		912,623		895,970
Fire & Safety	376,320		403,949		396,926
BAND-IT	88,065		106,624		105,785
Dispensing	98,466		116,197		134,317
Intersegment elimination	(32)		(1,343)		(607)
Fire & Safety/Diversified Products	562,819		625,427		636,421
Total net sales	$	2,351,646	$	2,494,573	$	2,483,666

Schedule of External Net Sales Disaggregated by Geography

Revenue by geographical region for the years ended December 31, 2020, 2019 and 2018 was as follows:

	For the Year Ended December 31, 2020
	FMT		HST		FSDP		IDEX
	(In thousands)
U.S.	$	505,757	$	387,652	$	269,899	$	1,163,308
North America, excluding U.S.	52,822		21,319		23,202		97,343
Europe	174,945		249,793		149,180		573,918
Asia	109,089		221,139		94,223		424,451
Other (1)	53,691		16,059		26,347		96,097
Intersegment elimination	(830)		(2,609)		(32)		(3,471)
Total net sales	$	895,474	$	893,353	$	562,819	$	2,351,646

	For the Year Ended December 31, 2019
	FMT		HST		FSDP		IDEX
	(In thousands)
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
	(In thousands)
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, 2020		December 31, 2019
	(In thousands)
Billed receivables	$	273,536	$	286,196
Unbilled receivables	14,752		11,922
Total customer receivables	$	288,288	$	298,118

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

The composition of Deferred revenue was as follows:

	December 31, 2020		December 31, 2019
	(In thousands)
Deferred revenue - current	$	28,374	$	17,633
Deferred revenue - noncurrent	30,354		2,129
Total deferred revenue	$	58,728	$	19,762