XML 55 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenue:    
Product revenue $ 205,768 $ 204,167
Service revenue 126,338 118,509
Total revenue 332,106 322,676
Cost of Revenue:    
Cost of product revenue 74,150 75,212
Cost of service revenue 73,982 72,690
Total cost of revenue 148,132 147,902
Gross profit 183,974 174,774
Expenses:    
Sales and marketing 59,397 57,632
General and administrative 41,631 36,178
Research and development 21,758 20,557
Income from operations 61,188 60,407
Interest expense (835) (1,193)
Interest income 444 436
Income before provision for income taxes 60,797 59,650
Provision for income taxes 15,930 18,916
Net income 44,867 40,734
Less: Net income (loss) attributable to noncontrolling interest 7 (9)
Net income attributable to IDEXX Laboratories, Inc. stockholders $ 44,860 $ 40,743
Earnings per Share:    
Basic $ 0.82 $ 0.74
Diluted $ 0.81 $ 0.72
Weighted Average Shares Outstanding:    
Basic 54,588 55,208
Diluted 55,490 56,439