Revenue (Tables)

6 Months Ended

Jun. 30, 2021

Revenue from Contract with Customer [Abstract]

Revenue by reporting unit for the three and six months ended June 30, 2021 and 2020 was as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Energy	$	40,068	$	55,814	$	85,430	$	94,328
Valves	29,058		25,714		57,119		51,921
Water	67,958		54,730		129,574		113,066
Pumps	89,080		60,555		171,431		142,385
Agriculture	25,113		22,299		51,088		44,273
Intersegment elimination	(438)		(190)		(737)		(339)
Fluid & Metering Technologies	250,839		218,922		493,905		445,634
Scientific Fluidics & Optics	130,435		106,564		244,792		212,706
Sealing Solutions	69,165		45,201		134,736		100,531
Performance Pneumatic Technologies(1)	30,302		28,039		63,174		55,385
Micropump	8,639		7,272		16,275		14,987
Material Processing Technologies	36,471		28,592		66,404		56,118
Intersegment elimination	(716)		(434)		(1,578)		(1,037)
Health & Science Technologies	274,296		215,234		523,803		438,690
Fire & Safety	97,992		92,295		194,802		186,363
BAND-IT	23,864		16,303		49,677		41,536
Dispensing	38,956		18,478		75,817		43,501
Intersegment elimination	—		17		(21)		(13)
Fire & Safety/Diversified Products	160,812		127,093		320,275		271,387
Total net sales	$	685,947	$	561,249	$	1,337,983	$	1,155,711

(1) This reporting unit was previously called the Gast reporting unit and was renamed Performance Pnuematic Technologies upon the acquisition date of Airtech. Prior to that date all amounts reflect only the Gast business.

Schedule of External Net Sales Disaggregated by Geography

Revenue by geographical region for the three and six months ended June 30, 2021 and 2020 was as follows:



	Three Months Ended June 30, 2021
	FMT		HST		FSDP		IDEX
U.S.	$	131,116	$	113,847	$	71,846	$	316,809
North America, excluding U.S.	14,131		4,422		8,153		26,706
Europe	52,651		95,564		45,413		193,628
Asia	37,906		51,262		26,828		115,996
Other (1)	15,473		9,917		8,572		33,962
Intersegment elimination	(438)		(716)		—		(1,154)
Total net sales	$	250,839	$	274,296	$	160,812	$	685,947



	Three Months Ended June 30, 2020
	FMT		HST		FSDP		IDEX
U.S.	$	134,299	$	93,103	$	63,640	$	291,042
North America, excluding U.S.	11,359		4,526		5,031		20,916
Europe	39,386		56,000		31,176		126,562
Asia	24,349		57,806		21,543		103,698
Other (1)	9,719		4,233		5,686		19,638
Intersegment elimination	(190)		(434)		17		(607)
Total net sales	$	218,922	$	215,234	$	127,093	$	561,249


	Six Months Ended June 30, 2021
	FMT		HST		FSDP		IDEX
U.S.	$	262,077	$	207,564	$	147,348	$	616,989
North America, excluding U.S.	28,960		11,494		15,373		55,827
Europe	101,296		172,329		87,981		361,606
Asia	71,644		118,981		53,690		244,315
Other (1)	30,665		15,013		15,904		61,582
Intersegment elimination	(737)		(1,578)		(21)		(2,336)
Total net sales	$	493,905	$	523,803	$	320,275	$	1,337,983


	Six Months Ended June 30, 2020
	FMT		HST		FSDP		IDEX
U.S.	$	262,077	$	189,099	$	138,571	$	589,747
North America, excluding U.S.	25,035		10,494		11,300		46,829
Europe	84,051		123,087		71,246		278,384
Asia	51,134		109,145		38,122		198,401
Other (1)	23,676		7,902		12,161		43,739
Intersegment elimination	(339)		(1,037)		(13)		(1,389)
Total net sales	$	445,634	$	438,690	$	271,387	$	1,155,711

(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:


	June 30, 2021		December 31, 2020
Billed receivables	$	340,467	$	273,536
Unbilled receivables	13,737		14,752
Total customer receivables	$	354,204	$	288,288

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

The composition of Deferred revenue was as follows:


	June 30, 2021		December 31, 2020
Deferred revenue - current	$	41,471	$	28,374
Deferred revenue - noncurrent	35,239		30,354
Total deferred revenue	$	76,710	$	58,728