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Business Segment Information
 9 Months Ended
Sep. 30, 2017
Business Segment Information [Abstract]  
Business Segment Information

12  Business Segment Information

 

The Company's business activities, for which discrete financial information is available, are regularly reviewed and evaluated by the chief operating decision maker. As a result of this evaluation, the Company determined that it has two operating segments: Waters® and TA.

 

The Waters operating segment is primarily in the business of designing, manufacturing, distributing and servicing LC and MS instruments, columns and other chemistry consumables that can be integrated and used along with other analytical instruments. The TA operating segment is primarily in the business of designing, manufacturing, distributing and servicing thermal analysis, rheometry and calorimetry instruments. The Company's two operating segments have similar economic characteristics; product processes; products and services; types and classes of customers; methods of distribution; and regulatory environments. Because of these similarities, the two segments have been aggregated into one reporting segment for financial statement purposes. Please refer to the consolidated financial statements for financial information regarding the one reportable segment of the Company.

Net sales for the Company's products and services are as follows for the three and nine months ended September 30, 2017 and October 1, 2016 (in thousands):

    Three Months Ended Nine Months Ended
    September 30, 2017 October 1, 2016 September 30, 2017 October 1, 2016
Product net sales:            
 Waters instrument systems $ 238,431 $ 226,296 $ 674,768 $ 646,733
 Chemistry consumables   92,879   84,114   271,606   255,312
 TA instrument systems   44,240   39,524   126,310   115,433
  Total product sales   375,550   349,934   1,072,684   1,017,478
               
Service net sales:            
 Waters service   172,594   160,503   498,736   471,792
 TA service   17,440   16,393   50,383   49,366
  Total service sales   190,034   176,896   549,119   521,158
               
Total net sales $ 565,584 $ 526,830 $ 1,621,803 $ 1,538,636