XML 23 R5.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Net sales $ 2,764.8 $ 2,351.6 $ 2,494.6
Cost of sales 1,540.3 1,324.2 1,369.6
Gross profit 1,224.5 1,027.4 1,125.0
Selling, general and administrative expenses 578.2 494.9 525.0
Restructuring expenses and asset impairments 9.3 11.8 21.0
Operating income 637.0 520.7 579.0
Other expense - net 16.2 5.6 1.8
Interest expense 41.0 44.8 44.3
Income before income taxes 579.8 470.3 532.9
Provision for income taxes 130.5 92.5 107.4
Net income 449.3 377.8 425.5
Net loss attributable to noncontrolling interest 0.1 0.0 0.0
Net income $ 449.4 $ 377.8 $ 425.5
Earnings per common share:      
Basic earnings per common share attributable to IDEX (in dollar per share) $ 5.91 $ 4.98 $ 5.62
Diluted earnings per common share attributable to IDEX (in dollar per share) $ 5.88 $ 4.94 $ 5.56
Share data:      
Basic weighted average common shares outstanding (in shares) 76.0 75.7 75.6
Diluted weighted average common shares outstanding (in shares) 76.4 76.4 76.5