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Condensed Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenue:        
Product revenue $ 304,091 $ 284,887 $ 576,056 $ 533,952
Service revenue 204,849 181,682 394,905 350,167
Total revenue 508,940 466,569 970,961 884,119
Cost of Revenue:        
Cost of product revenue 110,330 108,910 213,357 206,541
Cost of service revenue 105,895 97,116 206,698 189,498
Total cost of revenue 216,225 206,026 420,055 396,039
Gross profit 292,715 260,543 550,906 488,080
Expenses:        
Sales and marketing 87,693 76,652 174,937 156,481
General and administrative 55,460 54,317 108,374 103,612
Research and development 26,998 25,412 52,788 50,032
Income from operations 122,564 104,162 214,807 177,955
Interest expense (9,155) (8,204) (17,744) (16,508)
Interest income 1,176 928 2,259 1,748
Income before provision for income taxes 114,585 96,886 199,322 163,195
Provision for income taxes 29,178 29,680 44,857 49,964
Net income 85,407 67,206 154,465 113,231
Less: Net income attributable to noncontrolling interest 50 4 89 10
Net income attributable to IDEXX Laboratories, Inc. stockholders $ 85,357 $ 67,202 $ 154,376 $ 113,221
Earnings per Share:        
Basic $ 0.97 $ 0.75 $ 1.75 $ 1.26
Diluted $ 0.95 $ 0.74 $ 1.72 $ 1.25
Weighted Average Shares Outstanding:        
Basic 88,004 89,824 88,060 89,874
Diluted 89,878 90,817 89,962 90,858