XML 47 R34.htm IDEA: XBRL DOCUMENT v3.21.1
Revenue (Tables)
3 Months Ended
Mar. 31, 2021
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
Revenue by reporting unit for the three months ended March 31, 2021 and 2020 was as follows:

Three Months Ended March 31,
20212020
Energy$45,362 $38,514 
Valves28,061 26,207 
Water61,616 58,336 
Pumps82,351 81,830 
Agriculture25,975 21,974 
Intersegment elimination(299)(149)
Fluid & Metering Technologies243,066 226,712 
Scientific Fluidics & Optics114,357 106,142 
Sealing Solutions65,571 55,330 
Gast32,872 27,346 
Micropump7,636 7,715 
Material Processing Technologies29,933 27,526 
Intersegment elimination(862)(603)
Health & Science Technologies249,507 223,456 
Fire & Safety96,810 94,068 
BAND-IT25,813 25,233 
Dispensing36,861 25,023 
Intersegment elimination(21)(30)
Fire & Safety/Diversified Products159,463 144,294 
Total net sales$652,036 $594,462 
Schedule of External Net Sales Disaggregated by Geography
Revenue by geographical region for the three months ended March 31, 2021 and 2020 was as follows:
Three Months Ended March 31, 2021
FMTHSTFSDPIDEX
U.S.$130,961 $93,717 $75,502 $300,180 
North America, excluding U.S.14,829 7,072 7,220 29,121 
Europe 48,645 76,765 42,568 167,978 
Asia33,738 67,719 26,862 128,319 
Other (1)
15,192 5,096 7,332 27,620 
Intersegment elimination(299)(862)(21)(1,182)
Total net sales$243,066 $249,507 $159,463 $652,036 
Three Months Ended March 31, 2020
FMTHSTFSDPIDEX
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 
Asia26,785 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 
(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, 2021December 31, 2020
Billed receivables$326,307 $273,536 
Unbilled receivables13,616 14,752 
Total customer receivables$339,923 $288,288 
Schedule of New Accounting Pronouncements and Changes in Accounting Principles
The composition of Deferred revenue was as follows:
March 31, 2021December 31, 2020
Deferred revenue - current$33,286 $28,374 
Deferred revenue - noncurrent36,531 30,354 
Total deferred revenue$69,817 $58,728